by Bloomberg.com | Oct 26, 2023 | AlphaTack Intel
Meta falls Thursday, in the wake of Alphabet and Tesla Selloff could push S&P 500 down 10% from its recent high The so-called Magnificent Seven technology companies that have powered this year’s US stock rally are posting disappointing earnings, wiping about $386...
by Yahoo.com | Oct 26, 2023 | AlphaTack Intel
Big Tech earnings aren’t providing a clear story at a time when the stock market needs one. A look at Microsoft’s results tells investors that business-to-business spending might be picking back up and declines in cloud spending have bottomed. A peek...
by Bloomberg.com | Oct 25, 2023 | AlphaTack Intel
More Americans faced food insecurity in 2022 than in the previous year, marking first annual increase of struggling households in more than a decade. About 17 million US households, or 12.8% of the total, experienced difficulty at some time during the year in...
by Bloomberg.com | Oct 25, 2023 | AlphaTack Intel
(Bloomberg) — Electric vehicles may be seen as crucial to the future of transportation, but it’s been a rough stretch for investors in stocks tied to the sector. First, industry giant Tesla Inc. warned of growth troubles last week, then General Motors Co. said...
by Bloomberg.com | Oct 25, 2023 | AlphaTack Intel
Companies could set up JV for car sales outside of China Leapmotor stake could be valued at more than $1 billion Stellantis NV is nearing a deal to acquire a roughly 20% stake in Chinese electric vehicle company Zhejiang Leapmotor Technologies Ltd., people with...
by Yahoo.com | Oct 25, 2023 | AlphaTack Intel
Alphabet (GOOGL) and Microsoft (MSFT) stocks are headed in opposite directions after reporting quarterly earnings on Tuesday night. On the surface, Microsoft’s Intelligent Cloud surpassed Wall Street’s expectations while Alphabet’s cloud unit...
