by Bloomberg.com | Jun 18, 2025 | AlphaTack Intel
The US added more than 1,000 new millionaires per day last year, with surging stocks driving the wealth increase, according to a new report from UBS. There were more than 684,000 millionaires created worldwide in 2024, including over 379,000 in the US. Overall, wealth...
by Bloomberg.com | Jun 18, 2025 | AlphaTack Intel
Microsoft Corp. is planning to ax thousands of jobs, particularly in sales, as part of the company’s latest move to trim its workforce amid heavy spending on artificial intelligence. The cuts are expected to be announced early next month, following the end of...
by Reuters.com | Jun 17, 2025 | AlphaTack Intel
German defence start-up Helsing has raised 600 million euros ($693.30 million) in its latest investment round, lead by Spotify founder Daniel Ek, the firm said on Tuesday. The latest investment round has raised Helsing’s value to $12 billion, the Financial Times...
by Bloomberg.com | Jun 17, 2025 | AlphaTack Intel
Cathie Wood’s flagship ETF has staged a powerful comeback from the depths of the trade war panic, rallying more than 50% since early April. But rather than restoring investor faith, the rebound has only been met with skepticism. Outflows are persistent. Short sellers...
by Bloomberg.com | Jun 17, 2025 | AlphaTack Intel
The company raised $600 million from investors as it prepares for an eventual IPO. Applied Intuition Inc. — a startup developing technology for autonomous vehicles, drones and more — has raised $600 million from investors in a deal that more than doubles its valuation...
by Bloomberg.com | Jun 17, 2025 | AlphaTack Intel
Global stocks will beat US equities over the next five years, according to Bank of America Corp.’s latest fund manager survey, adding evidence that investors increasingly see America’s market dominance as coming to an end. Some 54% of asset managers expect...
