by Bloomberg.com | Feb 20, 2025 | AlphaTack Intel
New Defense secretary makes first foray into budget planning Memo doesn’t address future of Pentagon’s costly F-35 program Defense Secretary Pete Hegseth’s plan to reduce projected US military spending by 8% over the next five years would spare southwest border...
by Bloomberg.com | Feb 20, 2025 | AlphaTack Intel
Retail demand, pension fund flows start to fade: Rubner Systematic Funds can sell up to $61B over the next month The US stock market can flip into a correction territory as retail and institutional buyers are running out of steam, according to Goldman Sachs Group...
by Bloomberg.com | Feb 20, 2025 | AlphaTack Intel
Walmart sees smaller sales gains in the current fiscal year Guidance doesn’t include impact of tariffs, CFO says Walmart Inc. forecast lower-than-expected profit for the full year, signaling that even the world’s largest retailer isn’t immune to risks in the broader...
by Bloomberg.com | Feb 20, 2025 | AlphaTack Intel
Treasury secretary notes Fed QT program as one factor Bessent says rejigging US debt sales will be ‘path dependent’ Treasury Secretary Scott Bessent said that any move to boost the share of longer-term Treasuries in government debt issuance is some ways off, given...
by Bloomberg.com | Feb 20, 2025 | AlphaTack Intel
Mercor uses AI to help with hiring for employers and workers Felicis, General Catalyst and Menlo backed $100 million deal Artificial intelligence-powered hiring startup Mercor has notched a valuation of $2 billion in a new funding round — a massive markup for the...
by Bloomberg.com | Feb 20, 2025 | AlphaTack Intel
Larry Fink built the world’s biggest asset manager by making access to stocks and bonds easy. Can the same be done with more opaque assets? Asset management has two great kingdoms. The purveyors of mutual funds and exchange-traded funds dominate the first and...
