by Bloomberg.com | May 16, 2025 | AlphaTack Intel
US consumer sentiment unexpectedly fell to the second-lowest level on record and inflation expectations climbed to multi-decade highs amid growing concerns about tariffs. The preliminary May sentiment index declined to 50.8 from 52.2 a month earlier, according to the...
by Bloomberg.com | May 16, 2025 | AlphaTack Intel
For all the worry about tariffs causing pain for American consumers, shoppers have so far been mostly shielded from — or shrugged off — higher prices at the checkout aisle. Businesses absorbed much of the costs from new levies as they took effect last month, economic...
by Bloomberg.com | May 15, 2025 | AlphaTack Intel
Cava Group Inc. sales rose in the first quarter, defying the consumer malaise that rivals have blamed for a slowdown in restaurant visits. Sales at established restaurants grew 10.8% in the three months ended April 20, in line with the average estimate of analysts...
by Bloomberg.com | May 15, 2025 | AlphaTack Intel
President Donald Trump’s tariffs announcement on April 2 devastated financial assets, wiping out some $6 trillion in market value from US stocks in just two trading days. Wall Street’s “smart money” — hedge funds and other professional investors — dumped equities, and...
by Bloomberg.com | May 14, 2025 | AlphaTack Intel
The trade truce is not enough to ignite a rush into Chinese financial assets amid expectations of reduced policy stimulus and lingering uncertainty on a final deal. While Chinese stocks have rallied following the agreement, recouping their losses since the April 2...
by Business Wire | May 14, 2025 | AlphaTack Intel
Firm aligns with Apollo, Franklin Templeton, Goldman Sachs, Neuberger Berman, PIMCO, Partners Group and Sagard Nation’s second largest retirement plan provider opens private market investing to its 19 million plan participants1 In a move aimed at expanding investment...
