by Bloomberg.com | Aug 8, 2025 | AlphaTack Intel
Some of the world’s biggest investors in private equity are worried they could lose their special status as thousands of retail investors get invited into an asset class that had been reserved for sophisticated clients. Institutions such as pensions and endowments are...
by Bloomberg.com | Aug 8, 2025 | AlphaTack Intel
Wendy’s Co. cut its full-year sales guidance after posting a bigger-than-expected quarterly decline, highlighting the economic pressures weighing on the chain’s US business. The chain now expects global system-wide sales to fall between 3% and 5% this year, while it...
by Bloomberg.com | Aug 8, 2025 | AlphaTack Intel
Investors are pulling money from US equities and flocking into cash funds, Bank of America Corp.’s Michael Hartnett said, amid renewed concerns that sweeping tariffs are crimping economic growth. Nearly $28 billion was redeemed from US stocks in the week through Aug....
by Bloomberg.com | Aug 7, 2025 | AlphaTack Intel
Sweetgreen Inc. slashed its sales guidance after a second straight quarter of disappointing results, highlighting the salad chain’s struggles to sell $15 salads to budget-strained diners. The company now anticipates that sales at restaurants open for at least a year...
by Bloomberg.com | Aug 7, 2025 | AlphaTack Intel
Former Treasury Secretary Lawrence Summers warned that President Donald Trump’s policies risk putting the US on a similar path to that of postwar Argentina, which descended from being a relatively advanced developed nation into an economic laggard. “Argentina went...
by Bloomberg.com | Aug 7, 2025 | AlphaTack Intel
Crocs Inc. shares dropped the most since the start of the Covid-19 pandemic on a weaker outlook, with the maker of colorful clogs warning that cautious consumers are further pulling back on spending. Third-quarter revenue will decline approximately 9% to 11%, the...
