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Featured AlphaTack Intel Article
Waymo Tries Finding DoorDash Drivers to Shut Open Robotaxi Doors
Alphabet Inc.’s Waymo is enlisting DoorDash Inc. drivers in Atlanta to close robotaxi doors that have been left open, letting the driverless vehicles continue on their way. A driver in Atlanta recently received a DoorDash offer paying $11.25 to close an open Waymo...
– AlphaTack Intel Articles –
Dollar Faces Risk of 2000s’ Boom-and-Bust 40% Decline, RBC Warns
Traders should take cover from a protracted selloff in the dollar that could mirror the boom-and-bust cycle of the Internet bubble once the drivers that are supporting the currency turn into headwinds, according to RBC Capital Markets. The greenback has already been...
South Korean Stock Selloff Eases as Retail Traders Buy the Dip
South Korea’s stock benchmark pared losses after a sharp afternoon rebound as retail investors bought on the dip, offsetting some of the earlier selling driven by valuation concerns. The Kospi Index fell 2.9% on Wednesday, its steepest drop since August, after...
Retail Traders Post Worst Day Since April as Tech Rally Stumbles
For the day traders who pile into the hottest stocks, Tuesday was the worst session since the April chaos caused by Donald Trump’s trade war. The Retail Favorites Index — a Goldman Sachs Group Inc. basket of stocks heavily owned by non-professional traders — was hit...
Treasury Secretary’s Warning of a ‘Housing Recession’
The U.S. housing market may be experiencing a recession due to the Federal Reserve's monetary policies, according to Treasury Secretary Scott Bessent. He blames high mortgage rates on the central bank, affecting sectors like housing, particularly impacting low-income...
Electric aircraft maker Beta Technologies raises over $1 billion in US IPO
Electric aircraft maker Beta Technologies has raised $1.01 billion in its U.S. initial public offering on Monday, pricing its shares above its indicated range and underscoring the strong pipeline of new listings in the resurgent IPO market. The Vermont-based company...
Palantir’s Unwavering Momentum Sends Valuation Into Stratosphere
Palantir Technologies Inc.’s pricey valuation has long confounded Wall Street but investors have largely ignored those calls, instead pushing the stock to yet another record ahead of earnings. The shares were priced at 85-times sales expected over the next 12 months,...