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Featured AlphaTack Intel Article
Bill Gates Warns AI Powerful Enough to Lead to ‘a Billion Deaths’
Microsoft Corp. co-founder Bill Gates warned that artificial intelligence is a “powerful enough” tool to kill off a substantial portion of humanity, joining a growing chorus of tech leaders and employees calling attention to AI’s existential risks. “AI is certainly...
– AlphaTack Intel Articles –
Robinhood Plans to Speed Up Debuts for Publicly Traded Funds
Robinhood Markets Inc. is planning to increase how often it debuts publicly traded closed-end funds after unveiling its first two attempts at making private firms more widely available to its retail customers. The first fund, which holds stakes in large private...
Bill Ackman’s Pershing to Debut Venture Fund for Pre-IPO Bets
Hedge fund billionaire Bill Ackman’s investment firm is working on a new investment vehicle to give investors access to pre-IPO companies, joining a wave of new funds offering exposure to fast-growing startups. Pershing Square Inc. has begun the process to launch the...
Pentagon Wants to Deploy Lasers, Other Counter Drone Tech in US
The Pentagon is moving to speed up the deployment of high-powered lasers and other counter-drone systems around key US facilities, amid increased threats from unmanned aircraft. The Defense Department will sign an agreement within days with the Department of Homeland...
Private Capital Secondary Market on Track for $250 Billion Year
The private assets secondary market could reach $250 billion this year after surging to a record $121 billion in the first half of 2026, Nigel Dawn, global head of the private capital advisory group at Evercore Inc., said in a Bloomberg TV interview. Dawn attributed...
New York City’s Five Pensions Gain 13% on Surging US Stocks
New York City’s five pensions beat their investment target over the past fiscal year, propelled by a record-breaking US stock market. The funds for police officers, firefighters, teachers, civil employees and school personnel returned 13% in the year through June 30,...
India’s Small Traders Lose $9.6 Billion in Options Despite Curbs
Individuals in India lost 916.85 billion rupees ($9.6 billion) buying and selling equity futures and options in the year ended March, down from 1.1 trillion rupees a year earlier, the government told lawmakers on Tuesday. The number of traders in equity derivatives...