by Bloomberg.com | Feb 11, 2025 | AlphaTack Intel
January NFIB index fell 2.3 points, dragged by spending plans Uncertainty index jumps by most in monthly data to 1986 US small-business optimism declined in January from a more than six-year high and a gauge of uncertainty climbed as companies weighed Trump...
by Yahoo.com | Feb 10, 2025 | AlphaTack Intel
The Magnificent Seven has turned into the Stupendous One as AI spending fears weigh on sentiment. The usually reliably hot Magnificent Seven trade of Meta (META), Amazon (AMZN), Google (GOOG), Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), and Tesla (TSLA) has...
by Bloomberg.com | Feb 10, 2025 | AlphaTack Intel
McDonald’s Corp. said low-income consumers in the US are still under pressure, highlighting the struggles of a key customer group for the burger chain. Across the industry, purchases from low-income guests were down substantially in the fourth quarter, Chief Executive...
by Reuters.com | Feb 10, 2025 | AlphaTack Intel
OpenAI is pushing ahead on its plan to reduce its reliance on Nvidia (NVDA) for its chip supply by developing its first generation of in-house artificial-intelligence silicon. The ChatGPT maker is finalizing the design for its first in-house chip in the next few...
by Yahoo.com | Feb 10, 2025 | AlphaTack Intel
Nvidia (NVDA) investors are navigating through an un-Nvidia-like start to the year. Shares of the AI chip darling are off by 1% this year, lagging all three major US indexes, which have notched gains. The stock has underperformed the S&P 500 (^GSPC) by over 5% in...
by Bloomberg.com | Feb 8, 2025 | AlphaTack Intel
Greenback has climbed nearly 7% from its September low Strong dollar reduces export demand, value of overseas profits The surge in the dollar is darkening the earnings outlook for US multinational companies from Amazon.com Inc. to Apple Inc., leaving investors to...