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Featured AlphaTack Intel Article
The Bull Market Fears a Fed Cycle, Not One Hike
Wall Street has a rule for how equity bull markets end: the economy rolls over or the Fed tightens until something breaks. Neither is in place right now, but rate risk is creeping back. The backdrop shifted further on Thursday. Brent spiked above $105, US producer...
– AlphaTack Intel Articles –
AI Fears Spur 70% Plunge in Private Equity Tech Deal Value
The value of private equity technology deals has plunged since the end of last year as investors have grown more cautious about what companies are worth in the age of artificial intelligence, according to a Bain & Co. report. Global buyout deal value fell 70% to...
Elon Musk to Attend ASML’s Private Tech Event to Discuss Terafab
Elon Musk will virtually attend a closed door technology conference run by ASML Holding NV to discuss his Terafab project, which the chip-equipment maker considers a “serious endeavor.” ASML invited Musk to speak to employees about Terafab, a SpaceX-Tesla joint...
Nasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets Wrap
Wall Street’s historic weekly run came to a halt, with stocks hit by a tech selloff and higher bond yields after a solid jobs report added to bets the Federal Reserve’s next interest-rate move will be a hike. That repricing of the Fed outlook coincided with a swoon in...
Tech Selloff, Bitcoin Drop Test Retail Investor Strength Ahead of SpaceX IPO
For years, Wall Street has benefited from one of the most reliable forces in modern markets: a retail-trader army willing to buy almost anything. Friday offered a glimpse of what happens when several of those trades come under pressure at the same time....
SpaceX and Other Mega IPOs May Wait Years to Join the S&P 500
Mega-IPO candidates including SpaceX are expected to face a long road to entry to the S&P 500 Index, after the company that makes the rules rejected a proposal that included relaxing the requirement that they be profitable. S&P Dow Jones Indices’ index...
Wall Street Sours on Lululemon Shares After Sales Outlook Cut
Only one Wall Street analyst still rates Lululemon Athletica Inc. as a buy after the upscale yogawear company cut its annual forecast amid slumping sales in North America. BTIG LLC analyst Janine Stichter downgraded the firm to a neutral rating from a buy on Friday...