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Featured AlphaTack Intel Article
Oil Charges Toward $120 With No End in Sight to US-Iran War
Oil surged to the highest since June 2022, with no end in sight to the US-Iran conflict or choked-off energy flows through the Strait of Hormuz, heightening concerns over a rapidly shrinking global supply cushion. Brent, the global benchmark, rose more than 7% to...
– AlphaTack Intel Articles –
Private Equity Builds $722 Billion War Chest in Hunt for Deals
Executives say deal market is back ahead of expected rate cut Firms under pressure to return money to fund investors The biggest publicly traded alternative asset managers have more than a half-trillion dollars to put to work — and they’re gearing up for a deals...
Travel Startup Flyr Raises $295 Million in Equity and Debt
Investors valued the startup at $900 million in its latest funding round. Flyr, a travel startup that provides software to companies including JetBlue Airways Corp., has raised $295 million in equity and debt in a new funding round. The deal, led by WestCap, values...
Bumble Shares Take Record Plunge on Slashed Annual Outlook
Company projects 1% to 2% revenue growth, down from 8% to 11% Dating firm ties lower outlook to ‘reset’ of growth strategy Bumble Inc.’s shares took a record plunge on Thursday after the dating company slashed its annual revenue outlook, signaling that an overhaul of...
JPMorgan Boosts US Recession Chance to 35% by End of This Year
Bank follows Goldman Sachs in raising risk of a downturn US news suggests ‘early signs of labor shedding,’ bank says JPMorgan Chase & Co. now sees a 35% chance that the US economy tips into a recession by the end of this year, up from 25% as of the start of last...
Cathie Wood Goes on Dip-Buying on Tech Spree as ARKK Hits 2024 Lows
Flagship fund buys Amazon, AMD, Roku amid market selloff ARKK fund has declined more than 20% since the start of 2024 Cathie Wood scooped up shares of tech firms caught in crushing market rout, just as her flagship fund sank to a new 2024 low. Wood’s ARK Innovation...
Richer Americans Are Turning to IHOP, Applebee’s for Cheap Eats
More customers coming from $100,000 households, Dine CEO says Restaurants are racing to create new low-cost menu items Wealthier Americans are visiting IHOP and Applebee’s more often, and they’re looking for deals on their pancakes and wings. Dine Brands Global Inc.,...