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Featured AlphaTack Intel Article
Private Credit Boom Pushes Fund Finance Market Past $1 Trillion
The fund finance market has surged past $1 trillion, according to a pair of new reports, as money managers borrow more to manage liquidity and bridge delayed exits. Fund finance vehicles lend money to the $16 trillion global market of private credit and equity funds....
– AlphaTack Intel Articles –
‘I Need to Identify You’: How One Question Saved Ferrari From a Deepfake Scam
Benedetto Vigna was impersonated on a call using AI software Large companies are being increasingly targeted with deepfakes It was mid-morning on a Tuesday this month when a Ferrari NV executive started receiving a bunch of unexpected messages, seemingly from the CEO....
NORAD intercepts Russian and Chinese bombers operating together near Alaska in first such flight
The North American Aerospace Defense Command intercepted two Russian and two Chinese bombers flying near Alaska Wednesday in what a US defense official said was the first time the two countries have been intercepted while operating together. The bombers remained in...
Lululemon Slides as New Product Sales Pause Spooks Analysts
Retailer cut from JPMorgan top stocks list, downgraded by Citi Stock closed down 9.1% to the lowest level since May 2020 Lululemon Athletica Inc. shares dropped to their lowest level in four years as analysts raised fresh concerns about the company’s ability to hit...
Home Goods Retailer Conn’s Files for Bankruptcy Following Sales Declines
Discount furniture seller bought rival chain just last year Company says it employs about 3,800 people across 15 states Furniture retailer Conn’s Inc. filed for bankruptcy with plans to shut down after trouble integrating a recent acquisition compounded the pain of...
US New-Home Sales Unexpectedly Decline to a Seven-Month Low
Contract signings eased 0.6% in June to 617,000 annual rate New-home inventory increased to highest level since 2008 Sales of new US homes unexpectedly declined to a seven-month low in June as the mix of stubbornly high mortgage rates and prices deterred prospective...
Algorithms Push Oil Prices to Five-Week Low
Oil prices dropped on Tuesday to their lowest point in five weeks, driven by a wave of algorithmic selling. The U.S. benchmark WTI has now dipped as much as 1.6% to a level that is dangerously close to $77 per barrel. The decline follows the surpassing of key...