by Bloomberg.com | Sep 9, 2024 | AlphaTack Intel
Net credit losses rise in bank’s consumer credit-card business Mason sees investment-banking fees up 20% in the third quarter Credit losses are rising as US consumers shift spending to basic needs and away from purchases that aren’t vital, according to Citigroup...
by Bloomberg.com | Sep 9, 2024 | AlphaTack Intel
ARKK dethroned as biggest thematic fund, ceding spot to PAVE Issuers have launched a number of industrials ETFs this year Wall Street traders may be going all-in on futuristic technologies this year, but one old-school bet on the economy is still flourishing in the...
by Bloomberg.com | Sep 9, 2024 | AlphaTack Intel
CSI 300 gauge is close to erasing its rebound since February Skepticism abounds over China’s earnings, economic recovery Chinese stocks are on the brink of falling to a five-year low seen in February as bearish sentiment grips the market amid a lack of earnings and...
by Bloomberg.com | Sep 9, 2024 | AlphaTack Intel
Slowest core CPI since 2021 boosts case for stronger stimulus Weak demand puts China’s growth target of around 5% at risk China’s core inflation cooled to the weakest in more than three years, fueling calls for greater efforts to boost household spending as weak...
by Bloomberg.com | Sep 8, 2024 | AlphaTack Intel
Risk aversion likely to prevail again this week: Shinkin Asset Aussie dollar could soon come under severe strain: IG Markets The outlook for Asian stocks is deteriorating as the worse-than-expected US payrolls report on Friday undermined earlier optimism over a soft...
by Bloomberg.com | Sep 8, 2024 | AlphaTack Intel
Venture capital firm to allocate $754 million to growth deals Atomico CEO: funds closed in “toughest environment” for VCs Atomico, a London-based venture firm that has backed fintech darlings Stripe Inc. and Klarna Bank AB, has raised $1.24 billion for two new funds....
