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Featured AlphaTack Intel Article
Arnault Drops Out of World’s Top 10 Richest as US Tech Dominates
French luxury goods tycoon Bernard Arnault fell out of the top 10 list of the world’s biggest fortunes, leaving an all-American roster of mostly tech billionaires to dominate the rankings. Arnault’s net worth fell to $143 billion on Thursday, according to...
– AlphaTack Intel Articles –
S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic
SpaceX has requested unusually swift entry into several leading stock market indexes as a condition of its historic stock market debut. But the S&P 500 stock market index representing many of the largest profitable US companies has surprised market analysts by...
Switzerland Speeds Anti-Drone Procurement as Incursions Rise
Switzerland’s army chief said the country is fast-tracking the purchase of anti-drone systems as incursions mount over civilian and military infrastructure. Rising intrusions means the Swiss have been buying “systems as quickly as possible to protect the army against...
SpaceX IPO Brings ‘Prime Time’ for Advisers Ahead of Wealth Surge
If SpaceX’s IPO goes off as planned, it’ll be a pivotal moment for many of the company’s thousands of employees, who’ll finally be able to sell shares into the public market. That prospect has created a groundswell of business for wealth advisers who specialize in...
Broadcom’s sell-off just entered megacap history
Broadcom (AVGO) closed down 12.6% Thursday, erasing $280 billion in market value, putting it among the biggest single-stock wipeouts of the megacap era. The trigger was Broadcom's AI outlook. The company beat quarterly earnings expectations, but its AI chip sales...
Saylor’s Bitcoin Machine Is Misfiring on Every Cylinder
Michael Saylor built Strategy Inc. around a straightforward idea: raise money to buy Bitcoin, then never sell it. Over time, that simple bet has turned far more complicated. After years of raising money to buy more Bitcoin, Strategy now has three investor groups to...
Broadcasters Enter the Market for GPS Backup Services
The race is underway to back up a crucial and increasingly vulnerable linchpin of American infrastructure. On Tuesday, a trade group representing local broadcast stations across the US announced a new venture that will aim to provide an alternative to the country’s...