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Featured AlphaTack Intel Article
How Attack on UAE Shows Nuclear Plants’ Vulnerability in War
A drone strike near the United Arab Emirates’ only nuclear power plant has underscored the fragility of the Iran war ceasefire and vulnerability of such civilian energy infrastructure. Barakah is the Middle East’s largest nuclear power plant, located around 280...
– AlphaTack Intel Articles –
Apollo Invests in Fintech to Boost Service for Private Markets
Vega is scaling a tech platform for alternative asset managers Apollo, Motive Partners lead $20 million Series A funding Apollo Global Management Inc. is investing in startup Vega and adopting its technology that looks to improve service for clients looking to further...
US Online Food Prices Post First Year-on-Year Drop Since Covid
Online grocery prices declined in October from a year earlier, the first such drop since the arrival of Covid more than four years ago. Food costs fell 0.1% from the same period of 2023, according to data from Adobe that’s based on about 1 trillion visits to retail...
Trump’s Market Honeymoon Won’t Last Much Longer
Stocks grab all the headlines, but bond and currency markets show where trouble might be brewing.Hedge fund manager Scott Bessent, reported to be in line for a top job in the Trump administration such as Treasury secretary or Federal Reserve chair, wrote in a Wall...
Top Gold ETF Sees Largest Weekly Outflow Since 2022 on Trump Win
The world’s largest gold-backed exchange traded fund recorded it biggest weekly outflow in more than two years last week as Donald Trump’s decisive election win prompted traders to book profits. SPDR Gold Shares (GLD) saw an outflow of over $1 billion, the largest...
AbbVie Tumbles After New Schizophrenia Drug Fails Two Trials
Company acquired drug as part of $8.7 billion Cerevel purchase Bristol jumps most in 18 years after competitor’s setback AbbVie Inc. shares fell the most in more than four years after two mid-stage trials of its drug to treat schizophrenia failed to meet their primary...
Trump Inherits an Economy at a Tricky Time
The labor market is already cooling and the next president’s promises to slash spending and end green subsidies may add to the headwinds.Donald Trump will inherit, to all appearances, a solid economy when he assumes the presidency in January. After all, the stock...