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...
by Bloomberg.com | Mar 5, 2025 | AlphaTack Intel
The euro’s best three-day rally since 2015 is encouraging traders to bet the currency will rise 10% further in coming months. Hedge funds are buying options betting that the currency could reach as high as $1.20 in six to nine months, according to FX traders familiar...
by Bloomberg.com | Mar 5, 2025 | AlphaTack Intel
Developing-nation assets jumped on bets higher tariffs will slow the US economy and divert investment flows into other markets. An MSCI Inc. gauge for emerging-market stocks ended the session 2.1% higher Wednesday, clocking its best day since September. Eastern...
by Bloomberg.com | Mar 5, 2025 | AlphaTack Intel
A memo sent to staffers at the Department of Veterans Affairs said that the agency plans to return to pre-2019 staffing levels, according to a copy seen by Bloomberg News, meaning tens of thousands of employees could lose their jobs. The VA, which provides care for...
by Bloomberg.com | Mar 5, 2025 | AlphaTack Intel
Financial markets are signaling that the risk of a recession is growing as tariff-related uncertainty and indicators of economic weakness spread fear across Wall Street. A model from JPMorgan Chase & Co. shows that the market-implied probability of an economic...
