by Reuters.com | Mar 17, 2025 | AlphaTack Intel
BYD on Monday unveiled a new platform for electric vehicles (EVs) that it said could charge EVs as quickly as it takes to pump gas and announced for the first time that it would build a charging network across China. The so-called “super e-platform” will be capable of...
by Yahoo.com | Mar 17, 2025 | AlphaTack Intel
Another Wall Street strategist is lowering her year-end target on the S&P 500 (^GSPC), citing economic growth concerns. Following the S&P 500’s recent 10% drawdown, RBC Capital Markets head of US equity strategy Lori Calvasina lowered her year-end target...
by Bloomberg.com | Mar 17, 2025 | AlphaTack Intel
Confidence among US homebuilders slid this month to the lowest level since August, dragged down by worry over tariffs, higher construction costs and economic uncertainty heading into the spring selling season. An index of housing market conditions from the National...
by Bloomberg.com | Mar 17, 2025 | AlphaTack Intel
Retail sales rose less than expected in February and saw downward revisions for January amid fears the US economy may be growing slower than Wall Street initially thought to start 2025. Headline retail sales rose 0.2% in February, less than the 0.6% increase...
by Bloomberg.com | Mar 17, 2025 | AlphaTack Intel
Canadian home sales in February dropped to the lowest level since November 2023 as the uncertainty of a trade war with the US kept buyers on the sidelines. Transactions fell 9.8% from a month earlier, according to data released Monday by the Canadian Real Estate...
by Bloomberg.com | Mar 17, 2025 | AlphaTack Intel
The UK government will abolish more business regulators and scale back welfare spending in a bid to kick-start its stagnant economy. Chancellor of the Exchequer Rachel Reeves is summoning eight of the UK’s main regulators, including the Financial Conduct Authority, to...