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Featured AlphaTack Intel Article
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...
– AlphaTack Intel Articles –
Copper Holds Losses as Dollar and Hawkish Fed Pressure Metals
Copper and industrial metals largely held Tuesday’s slump as a stronger dollar and the Federal Reserve’s hawkish stance weighed on the demand outlook. Copper was slightly higher on the London Metal Exchange, after losing 2% on Tuesday as a bearish turn in equity...
Bitcoin Hits Two-Week Low as Tech Selloff Sparks Risk-Off Mood
Bitcoin fell to an almost two-week low as a selloff in tech stocks hit risk assets. The original cryptocurrency fell as much as 3.9% to $61,877, its lowest level since June 11. It pared some losses to trade around $62,400 in New York trading hours. Other...
How This World Cup Goalkeeper Built A 15 Million Follower Personal Brand Overnight
A goalkeeper most of the world had never heard of walked off the pitch in Atlanta with about 50,000 Instagram followers. By the next morning he had close to 10 million. Within days he passed Patrick Mahomes, Victor Wembanyama and Travis Kelce and closed in on Tom...
SpaceX stock tumbles 16.4%, shaving off most IPO gains since debut
SpaceX (SPCX) stock fell before the bell on Tuesday, set to pick up on a three-day run of losses after a massive run-up following its IPO earlier this month. The company also confirmed its first-ever bond issuance in a filing. Shares in the Elon Musk-led company...
Apollo Caps Private Credit Fund Again After 17% Request to Exit
Apollo Global Management Inc. is once again limiting withdrawal requests from its largest non-traded private credit fund for retail investors, as broader concerns about the asset class persist. Apollo Debt Solutions, which has roughly $25 billion in assets, capped...
War, Inflation Can’t Stop ETFs’ Trillion-Dollar Inflow Boom
Exchange-traded funds are attracting cash at a record-breaking trillion-dollar pace despite persistent inflation, war in the Middle East and bouts of market volatility — a testament to American households’ enduring buy-and-hold conviction. US-listed ETFs have absorbed...