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Featured AlphaTack Intel Article
Yield Surge Puts Logic Behind Stocks Rally to the Test
Equities are showing signs of resilience even as yields jump.Market Snapshot Brent crude oil futures $110.48 +1.1% S&P 500 futures 7,395.50 -0.5% US 10-year Treasury yield 4.60% +0.01 Stoxx Europe 600 Index 604.42 -0.4% Hang Seng Index 25,675.18 -1.1% South Korea...
– AlphaTack Intel Articles –
US Manufacturing Activity Contracts for Seventh Straight Month
ISM’s factory index fell to lowest since July 2023 in October Production index monthly drop was most since April 2021 US manufacturing activity shrank in October for a seventh month to the lowest reading since July 2023, dragged down by a drop in production and...
US manufacturing drops to 15-month low amid higher input prices: ISM
US manufacturing activity slumped to a 15-month low in October and factories faced higher prices for inputs, the Institute for Supply Management (ISM) said on Friday. The ISM's manufacturing PMI fell to 46.5 last month, the lowest level since July 2023, from 47.2 in...
Estée Lauder Falls Most on Record After Pulling Its Guidance
Estée Lauder Cos. pulled its guidance for the year, citing uncertainty over a new chief executive and weak demand in China. The shares plunged in New York trading. The New York-based company also cut its dividend “to a more appropriate payout ratio, which will also...
Alphabet’s Waymo Valued Above $45 Billion After Funding
Waymo raised $5.6 billion to expand self-driving business Company is rapidly increasing number of ride-hailing trips Waymo, Alphabet Inc.’s autonomous driving unit, was valued at more than $45 billion, including its latest round of financing, according to people...
NPM Launches Private Share Prices as Market for Data Grows
Nasdaq Private Market product based on trades, filings Company acquired VC Experts’ 30 years of data in 2022 Nasdaq Private Market LLC is publicly launching a proprietary pricing product for private companies, joining an increasingly competitive space for data on...
Shark Tank star Kevin O’Leary supports Elon Musk’s plan to gut government spending by $2 trillion with Trump’s blessing—’release the hounds’
‘Shark Tank’ star Kevin O’Leary is enthusiastically backing Elon Musk’s plan to cut $2 trillion from federal spending—and in fact, he thinks the cuts should be even higher. If former president Donald Trump wins a second term, he has pledged to appoint Musk as head of...