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Featured AlphaTack Intel Article
Apollo’s Zito Calls Credit Safer Bet in High-Volatility Times
Apollo Global Management Inc.’s John Zito argued private credit is the safer place for investors to be even as the rise of artificial intelligence is dramatically shifting the environment for “the whole ecosystem of investing.” “Everyone is acknowledging” that we’re...
– AlphaTack Intel Articles –
Walmart Posts Best Month Since 2014 as Discount Rivals Slump
Dollar General’s results disappoint, dragging down Dollar Tree Walmart hit the sweet spot with shoppers, JonesTrading says August was a blowout month for Walmart Inc. — and a disastrous one for some of its discount-chain competitors — as consumers rein in spending....
Canada’s Economy Grows But Weak Details Keep September Rate Cut Likely
Government spending, investment ex-inventories drive growth Household consumption softens as Canadians feel rates pinch Canada’s economy grew more than expected in the second quarter, but falling per-capita gross domestic product and softening household consumption...
Used Tractors and Thrifty Growers Dominate Biggest US Farm Show
Growers hunt for bargains as weaker incomes prompt cost cuts BigIron Auctions has biggest-ever offering of used equipment Fancy new technology usually is the star at trade shows. But at the Farm Progress Show, the largest outdoor agriculture event in the US, used...
Germany’s Struggling Economy Starts to Take a Toll on Its Banks
Germany’s banks are starting to feel the pinch from the stagnating economy. Risk provisioning by the country’s largest lenders rose almost 50% in the first half of the year, with many banks saying that loans to companies and consumers in trouble were a big part of the...
Ulta Beauty Cuts Sales Outlook on Slowing Consumer Demand
Beauty retailer faces more competition from Target, Walmart Shoppers are increasingly focused on value, Ulta CEO says Ulta Beauty Inc. trimmed its sales forecast as more US consumers cut back on makeup and cosmetics in the face of higher prices and elevated borrowing...
Dollar General Sinks Most Ever After Painting Grim Picture of Budget Shoppers
Retailer slashes 2024 forecasts for comparable sales, earnings Company’s shares sink 32%, biggest decline since 2009 IPO Dollar General Inc. shares plummeted the most on record after the discount retailer reduced its full-year sales forecast. Its chief executive...