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Featured AlphaTack Intel Article
German Drone Startup May See $18b Valuation in Fundraising: FT
German drone startup Helsing GmbH may see its valuation jump to about $18 billion in a new financing round, up from about $14 billion implied in a fundraising last year, the Financial Times reported on Saturday. Plans for a $1.2 billion funding round are at an...
– AlphaTack Intel Articles –
Meta Debuts Orion AR Glasses as Eventual Smartphone Rival
Orion glasses only a prototype, not available for sale New glasses unveiled at Meta’s annual Connect conference Meta Platforms Inc. debuted its first pair of augmented reality glasses — devices that show a combined view of the digital and physical worlds, a key step...
Hedge Funds Snap Up Chinese Equities on Stimulus Optimism
Chinese stocks saw largest daily net buying since ‘21: Goldman But, net allocations remain at lowest level in five years Hedge funds rushed to buy Chinese equities in a bet that the country’s new stimulus program can boost growth in the world’s second-largest economy....
Snap Inc. is attempting to get ahead of Meta by introducing AR Glasses that are for now, aimed at Developers only
Snap Inc. Chief Executive Officer Evan Spiegel unveiled a new version of the company’s Spectacles smart glasses Tuesday, revitalizing an effort to build an advanced augmented reality product that may one day replace or rival the smartphone. The glasses, called AR...
Meta announces $300 Quest 3S, a cheaper take on mixed reality
Quest headsets are commonly understood to be a loss leader. Analysts believe that Meta loses money with every unit sold. The strategy has been a big win for market share, as the social media giant is able to dramatically undercut competition like HTC Vive. It’s thus...
US Stock Rally Propped Up by Nvidia’s Climb: Markets Wrap
Consumer confidence reading falls most in three years Companies with China exposure get a boost from stimulus plans US stocks held onto gains buoyed by a jump in Nvidia Corp.’s shares as traders largely shrugged off a grim consumer confidence reading. The S&P 500...
US Consumer Confidence Falls Most in Three Years on Labor Views
Conference Board index dropped 6.9 points in September Labor metric fell an eighth month, longest streak since 2008 US consumer confidence unexpectedly fell in September by the most in three years on concerns about the labor market and the outlook for the broader...