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Featured AlphaTack Intel Article
JPMorgan’s Dimon Warns Again on Risks of Credit Downturn
JPMorgan Chase & Co.’s Jamie Dimon again cautioned that a credit market downturn could be worse than expected, even after his firm and Wall Street rivals posted a banner quarter in which loan portfolios held up. In private credit specifically, the fact that there...
– AlphaTack Intel Articles –
Berkshire Cuts Apple Stake by Almost Half in Selling Spree
Cash pile climbs to record $276.9 billion in second quarter Overall company stock sales reach $75.5 billion on a net basis Berkshire Hathaway Inc. slashed its stake in Apple Inc. by almost 50% as part of a massive second-quarter selling spree that sent...
Market Plunge Has Investors Bracing for Turbulent End to 2024
Four experts share their thoughts on navigating upcoming Federal Reserve rate cuts, big tech concentration and the presidential election. Stocks are plunging. The Nasdaq 100 entered correction territory. Unemployment is on the rise. And now, investor excitement about...
Big Tech’s AI Promises Become a ‘Show Me’ Story For Investors
Earnings growth has cooled dramatically for Mag 7 so far Investors balked at heavy spending on AI without results After a jam-packed week of earnings reports from megacap technology companies one thing is clear: as profits slow, investors aren’t impressed by...
World’s Richest Lose $134 Billion in Stock Slump, Led By Bezos
Tech-heavy Nasdaq 100 falls 2.4%, enters correction territory It’s the third-worst one-day loss for Amazon’s Jeff Bezos Jeff Bezos’s net worth shrank by $15.2 billion Friday, leading a wide-ranging slump that erased $134 billion from the fortunes of the 500 richest...
Wall Street’s Year of Calm Snaps as Most Reliable Trades Flop
Tech stocks erase around $3 trillion as volatility spikes up More investors fear a ‘Fed mistake’ and are bidding up hedges For years, Wall Street had it all figured out. If the stock rally is in danger, pile into the Big Tech safety trade. Scared the economy is...
Oil Falls to Seven-Month Low as Demand Fears Overwhelm War Risks
Manufacturing gauges in US, China both showed contractions Brent crude falls below $77 a barrel, lowest since January Oil slumped to the lowest in almost seven months as concerns about demand in the world’s two biggest economies overshadowed heightened geopolitical...