by Yahoo.com | Nov 6, 2023 | AlphaTack Intel
The Russell 2000 (^RUT) just had its best week in more than two years. Beaten-down areas of the market surged as investors increasingly bet on the Federal Reserve being done with its interest rate hike cycle. And even after a more than 7.5% increase in the index, RBC...
by Yahoo.com | Nov 4, 2023 | AlphaTack Intel
Looking to buy a home? If so, bad news from Redfin. According to the real estate firm’s latest survey, home shoppers need to earn 50% more than they did prior to the pandemic to afford a typical US home in today’s market. Nationally, buyers had to earn an...
by Yahoo.com | Oct 26, 2023 | AlphaTack Intel
Big Tech earnings aren’t providing a clear story at a time when the stock market needs one. A look at Microsoft’s results tells investors that business-to-business spending might be picking back up and declines in cloud spending have bottomed. A peek...
by Yahoo.com | Oct 25, 2023 | AlphaTack Intel
Alphabet (GOOGL) and Microsoft (MSFT) stocks are headed in opposite directions after reporting quarterly earnings on Tuesday night. On the surface, Microsoft’s Intelligent Cloud surpassed Wall Street’s expectations while Alphabet’s cloud unit...
by Yahoo.com | Oct 25, 2023 | AlphaTack Intel
The US economy has avoided slipping into recession all year, but one closely watched indicator shows it’s on the brink. Usually, yields on longer-maturity bonds exceed those of shorter ones. An inverted yield curve happens when the reverse occurs. Some track the...