by Bloomberg.com | Sep 11, 2024 | AlphaTack Intel
Technology’s transformative potential is not short-term story Traders hunker down in defensives as they seek new growth idea The artificial intelligence boom that powered the S&P 500 Index to record highs earlier this year is fizzling out, so the stock market...
by Bloomberg.com | Sep 10, 2024 | AlphaTack Intel
US consumers may finally be getting some relief from their grocery bills — especially if they shop for food online. Data by Adobe Inc. shows that online grocery prices fell 3.7% in August from a month earlier, the largest decline since the firm began tracking the...
by Bloomberg.com | Sep 10, 2024 | AlphaTack Intel
Brookfield Asset Management plans to launch a private equity product tailored to rich individuals as the firm expands further into retail wealth. “We did it in credit, we did it in real estate, we did it in infrastructure, and now we’re doing it in private...
by Bloomberg.com | Sep 10, 2024 | AlphaTack Intel
Ally Financial Inc. fell after Chief Financial Officer Russ Hutchinson highlighted intensifying credit deterioration among its borrowers and said the auto-lender may experience some underperformance. Borrowers have shown signs of vulnerability throughout the year and...
by Bloomberg.com | Sep 10, 2024 | AlphaTack Intel
Equity derivatives strategist recommends buying tail hedges “I am tactically bearish for the next two months,” Cheong said UBS AG’s top strategist for US equity derivatives said she’s expecting the S&P 500 to fall at least 10% from its peak within a month. “I am...
by Bloomberg.com | Sep 9, 2024 | AlphaTack Intel
Prices seen as falling through 2025 as wages, demand languish Long-term deflation could be major setback to China’s economy Deflation stalking China since last year is now showing signs of spiraling, threatening to worsen the outlook for the world’s second-largest...
