by Bloomberg.com | Sep 5, 2024 | AlphaTack Intel
Warren Buffett extended his sales of Bank of America Corp. shares into September, reaping a total of $6.97 billion since the spree of disposals started in mid-July. In the latest round of transactions, disclosed in a regulatory filing Thursday, his Berkshire Hathaway...
by Bloomberg.com | Sep 5, 2024 | AlphaTack Intel
Brent trades near $73 a barrel after falling to 2023 lows US crude inventories dropped by 6.87 million barrels Oil fluctuated between gains and losses after risk-off sentiment in broader markets vied with an OPEC+ agreement to pause its planned crude production...
by Bloomberg.com | Sep 5, 2024 | AlphaTack Intel
Steel ingredient drops closer to $90 a ton amid oversupply Mills are losing money, people are pessimistic: GF Futures Iron ore slumped to its lowest level since 2022 and traded near $90 a ton as China’s main steel industry group advised mills to be cautious in...
by Bloomberg.com | Sep 4, 2024 | AlphaTack Intel
Major tech firms’ EPS growth was the slowest since late 2022 Morgan Stanley sees more downward earnings revisions coming China’s stock market is facing darker prospects after a weak earnings season dashed hopes for any imminent recovery in flagging consumption that...
by Bloomberg.com | Sep 4, 2024 | AlphaTack Intel
End of September is historically worst two weeks for S&P 500 Buybacks power to fade, hedge funds can further cut exposure The stock market could be heading for correction if payrolls data comes in weak on Friday, according to Scott Rubner, managing director for...
by Bloomberg.com | Sep 4, 2024 | AlphaTack Intel
One-month implied US volatility rises with 50bps cut in play Slew of data is adding to picture of slowdown in US economy Bond traders are bracing for wilder market swings in the US than in Europe amid signs the world’s largest economy is faltering. A measure of...
