by Bloomberg.com | Jan 27, 2025 | AlphaTack Intel
Manufacturing PMI unexpectedly fell to lowest since August Economists see need for more fiscal stimulus to boost demand China’s economic activity unexpectedly faltered to start the year, breaking the momentum of a recovery sparked by stimulus measures and underlining...
by Bloomberg.com | Jan 26, 2025 | AlphaTack Intel
China’s industrial firms saw their profits drop in 2024 for the third consecutive year under deflationary pressures, though an improvement in recent months showed the impact of stimulus measures. Industrial profits at large Chinese companies declined 3.3% last year...
by Bloomberg.com | Jan 26, 2025 | AlphaTack Intel
Big Tech profit growth projected to be weakest since Q1 2023 The earnings ‘bar has been raised,’ says Man Numeric’s Taylor Investors are heading into yet another pivotal Big Tech earnings cycle with the companies’ shares near record highs and valuations stretched. A...
by Bloomberg.com | Jan 23, 2025 | AlphaTack Intel
Ten-year TIPS auction was awarded at 2.243% on Thursday This time, economic fundamentals explain rising real yields An auction of inflation-protected US Treasuries on Thursday drew the highest yield in more than a decade. The $20 billion sale of 10-year Treasury...
by Bloomberg.com | Jan 21, 2025 | AlphaTack Intel
The US isn’t guaranteed to maintain a lead over China in the race to develop artificial intelligence, according to Alphabet Inc. President and Chief Investment Officer Ruth Porat. “It isn’t a foregone conclusion” that the US will keep its advantage, Porat said in an...
by Bloomberg.com | Jan 21, 2025 | AlphaTack Intel
Both Jefferies and Loop downgrade their views on the shares Stock has sunk in 2025 as China weakness fuels demand concerns Apple Inc. received a pair of analyst downgrades, in the latest sign that soft iPhone sales are becoming an increasing concern for investors, as...