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Featured AlphaTack Intel Article
Ukraine war briefing: Strikes on Russia’s Primorsk oil port and ships
Zelenskyy says three ‘shadow fleet’ vessels hit along with guided missile corvette; Ukrainian drones menace Moscow and surrounds. What we know on day 1,531 Ukraine on Sunday launched a wave of strikes against Russian oil targets, hitting the key port of Primorsk on...
– AlphaTack Intel Articles –
US Pending Home Sales Gauge Drops to Lowest on Record
Index of contract signings decreased 5.5% to 70.2 in July Falling mortgage rates should spur more sales, NAR said A gauge of pending US sales of existing homes sunk in July to the lowest level on record, as high prices and borrowing costs continue to scare buyers...
Nvidia Pays Price of Lofty Expectations, Stoking Fear for Rivals
A narrower sales forecast beat weighed on its stock and peers Advanced Micro Devices and Broadcom are among stocks falling Nvidia Corp.’s earnings report needed to be perfect for a stock that’s added nearly $2 trillion in market value in the past year. In the end, a...
Salesforce Rises on Profit Outlook Driven By Cost Curbs
Amy Weaver is stepping down as chief financial officer Company reports slowest ever year-over-year revenue growth Salesforce Inc. shares rose after the company gave an earnings forecast for the fiscal year that topped analysts’ estimates, seemingly satisfying...
China’s 5% Growth Target Faces Rising Doubt as UBS Cuts Outlook
JPMorgan and Nomura also predict GDP will expand less than 5% Property slump has dragged down consumption, household wealth China’s annual growth target looks increasingly out of reach to economists, with UBS Group AG adding to a string of recent forecast cuts as...
BYD Aims for 50% Overseas Sales as It Posts Strong First Half
Chinese carmaker posted 33% jump in second-quarter net income BYD also building data centers to overcome security concerns BYD Co. expects overseas deliveries to account for almost half of total sales in the future, suggesting it will continue to set up global...
Australian Inflation Cools, RBA Set to Retain Hawkish Bias
Core consumer prices declined for a second month in July Australian government subsidies take effect this quarter A gauge of Australian monthly inflation cooled in July, suggesting price pressures began to ease in the current quarter though not fast enough to warrant...