by Bloomberg.com | Mar 18, 2025 | AlphaTack Intel
Meta Platforms Inc. tumbled into negative territory for the year on Tuesday, becoming the last of the so-called Magnificent Seven stocks to lose its year-to-date gain. The Facebook parent fell 3.7%, extending a recent selloff that now has it down 0.5% for 2025. The...
by Bloomberg.com | Mar 18, 2025 | AlphaTack Intel
ESG fund bosses battered by years of underperforming returns are rapidly redefining their mandates to make room for highly lucrative defense bets. Since Russia’s 2022 invasion of Ukraine and through the end of the fourth quarter of last year, the share of sustainable...
by Bloomberg.com | Mar 18, 2025 | AlphaTack Intel
Most of the so-called memecoins that are flooding the $2.6 trillion cryptocurrency space will probably end up “worthless,” according to Cathie Wood. The combination of blockchain technology and artificial intelligence is creating “millions” of meme cryptocurrencies...
by Bloomberg.com | Mar 18, 2025 | AlphaTack Intel
Investors have slashed holdings of US equities by the most on record, according to Bank of America Corp.’s latest survey, underscoring the massive rotation that’s underway in global markets. Fund managers reported being about 23% underweight in US stocks — a plunge of...
by Bloomberg.com | Mar 17, 2025 | AlphaTack Intel
BYD Co. shares jumped to a record after the Chinese automaker unveiled a lineup of electric vehicles that it says can charge almost as fast as it takes to refuel a regular car. The automaker’s stock climbed as much as 6% at the open of trading in Hong Kong Tuesday,...
