by Bloomberg.com | Mar 6, 2025 | AlphaTack Intel
Just two weeks ago, high-flying mega-tech stocks and their chipmaking cousins were powering the Nasdaq 100 Index to yet another record. It was the 53rd all-time high for the tech-heavy benchmark since March 2023, when ChatGPT launched dreams of an artificial...
by Bloomberg.com | Mar 6, 2025 | AlphaTack Intel
Treasury Secretary Scott Bessent rejected the idea that President Donald Trump’s tariff hikes will ignite a new wave of inflation, and suggested that the Federal Reserve ought to view them as having a one-time impact. “I’ve agreed not to talk about prospective Fed...
by Bloomberg.com | Mar 6, 2025 | AlphaTack Intel
The company is raising $240 million and pushing into software. Defense startup Shield AI has finalized a deal to raise $240 million from investors at a valuation of $5.3 billion — a funding round that adds billions to the company’s valuation, and underscores Silicon...
by Bloomberg.com | Mar 6, 2025 | AlphaTack Intel
Oil prices for next year have fallen alongside nearby futures markets, a move that runs the risk of menacing supply growth. While US crude slipped toward $65 a barrel Wednesday to briefly touch the lowest level since May 2023, average prices for 2026 are closer to...
by Bloomberg.com | Mar 6, 2025 | AlphaTack Intel
Forget LLMs. Silicon Valley investors have a new favorite AI play. Not long ago, Silicon Valley was dismissive of startups like Harvey. While OpenAI developed cutting-edge artificial intelligence models with the potential to shake up almost every industry, Harvey had...
by Bloomberg.com | Mar 6, 2025 | AlphaTack Intel
Uncertainty around tariffs and inflation has hurt US business optimism since Donald Trump’s return to the White House in January, marking a sharp reversal from the buoyant mood among executives after his win in the presidential election, a survey shows. Less than...
