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Featured AlphaTack Intel Article
China’s Petrochemical Producers Idle Capacity as Margins Crumble
China’s petrochemical producers, which supply textile and plastics factories, have cut operations to their lowest seasonal level in three years as rising feedstock costs and soft export demand squeezes margins. Several major makers of purified terephthalic acid —...
– AlphaTack Intel Articles –
Attack of The Naked Short Sellers – Mythical Beasts of The Night – or: How Meme-Stock Investors Went Cult-y
To paraphrase Mark Twain, it’s easier to fool people into believing they’ll make piles of money than it is to convince them they’ve been fooled. Here’s the true story of stock investors who smoked so much “hopium” they lost their shirts — and their minds. Story by Bob...
Charting the Global Economy: US Inflation Cools; Japanese Yen Stays Weak
A key measure of underlying US inflation favored by the Federal Reserve cooled last month, and consumer spending rebounded sharply. Earlier in the week, the collapse of a major bridge in Baltimore will cause weeks or months of transportation disruptions in the...
OpenAI Previews New Audio Tool That Can Read Text, Mimic Voices
The startup has decided not to release the feature more broadly due to safety concerns. OpenAI is sharing early results from a test for a feature that can read words aloud in a convincing human voice — highlighting a new frontier for artificial intelligence and...
Rush of Asset-Seizure Cases Puts Putin’s Tycoons on High Alert
Prosecutors open dozens of cases to seize tycoons’ holdings Russia seizes assets ranging from pasta to ferro-alloys plants Russian businesses are seeking guarantees from the Kremlin that they won’t face asset seizures and privatization reviews amid a growing list of...
Citi Strategists Downgrade US Tech Stocks as Rally to Broaden
Also cut financials but raise consumer discretionary stocks Strategists see defensive stocks benefiting from lower rates The US stock rally is set to broaden out beyond technology, according to Citigroup Inc. strategists whose outlook on the sector has turned more...
Warren Buffett’s Favorite Stock Market Indicator Is Flashing Red — Dangerously Close To Reaching The Number He Says Is ‘Playing With Fire’
In the realm of stock market indicators, the Buffett Indicator stands out, especially when it flashes red. Named after Warren Buffett, the CEO of Berkshire Hathaway Inc. and a figure synonymous with investing acumen, the indicator compares the total market...