by Bloomberg.com | Apr 16, 2025 | AlphaTack Intel
Whale Rock Capital Management racked up double-digit losses in the first quarter as President Donald Trump’s trade wars rattled markets. The public equities hedge fund lost 15% in March, extending its loss over the first three months of the year to about 20%,...
by Bloomberg.com | Apr 16, 2025 | AlphaTack Intel
Couples are cutting wedding budgets and delaying the event altogether in a sign that a sinking stock market and recession fears are causing a pullback on big purchases. Wedding planner Alyssa Pettinato said that four of the 15 couples she’s working with in the New...
by Bloomberg.com | Apr 15, 2025 | AlphaTack Intel
Bank executives’ commentary over the past week made clear they’re worried about where the economy is headed, but their first-quarter results showed little concern. The six biggest US banks bought back roughly $22 billion of stock in the quarter, a jump of more than...
by Bloomberg.com | Apr 15, 2025 | AlphaTack Intel
Tariff turmoil has shredded investing play books up and down Wall Street. But far from Manhattan, in the Nevada desert, Brandon Arnett is sticking to the retail trading mantra that’s worked for all his life: Buy the dip. “I have been buying into the S&P 500,...
by Bloomberg.com | Apr 14, 2025 | AlphaTack Intel
Treasury Secretary Scott Bessent said Republicans are looking at all options to help pay for President Donald Trump’s campaign promises on tax cuts, including increasing levies on the wealthiest Americans. “We’re going to see where the president is” on the issue,...
by Bloomberg.com | Apr 14, 2025 | AlphaTack Intel
Worries over global trade dragged the dollar to a six-month low on Monday, leaving investors bracing for more weakness ahead. The Bloomberg Dollar Spot Index extended declines for a fifth day, falling a total of 3.3% during that stretch. While Treasuries and stocks...
