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Featured AlphaTack Intel Article
FDA Clears First Blood Test to Diagnose Alzheimer’s Disease
US regulators have approved the first blood test to help diagnose Alzheimer’s disease, potentially making it easier to find and treat patients with the mind-robbing disease that affects nearly 7 million Americans. The test made by Fujirebio Diagnostics Inc., a unit of...
– AlphaTack Intel Articles –
Cava Avoids the Diner Pullback That’s Hitting US Restaurants
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...
Smart Money Loses to Retail Crowd That Bet on Stock Rebound
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...
China’s Investors Signal Trade Truce Is No Panacea for Markets
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...
Empower to Offer Private Markets Investments to Retirement Plans
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...
Pension Funds Agree to Invest 5% Into UK Private Assets
UK pension fund managers have agreed to invest at least 5% of their assets into UK private markets, marking a win for the Labour government that’s seeking to boost the economy by drawing billions of pounds into local startups and infrastructure projects. Seventeen...
Trump’s Vow to Cut US Drug Prices Drags Pharma Stocks Lower
President Donald Trump said he plans to order a cut in US prescription drug costs to bring them in line with other countries, spurring a drop in pharmaceutical shares worldwide. Trump said drug prices will be cut by “59%, PLUS!” in a social media post on Monday. Over...