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Featured AlphaTack Intel Article
Stocks and Bonds Fall as No End to War in Sight: Markets Wrap
Turmoil in the Middle East sparked fresh losses in stocks and bonds, with fears about an escalation of the war in Iran boosting oil prices as anxiety builds around the potential economic fallout of the conflict. The drop in equities deepened, with the S&P...
– AlphaTack Intel Articles –
US Near-Term Inflation Views Jump to 4.2%, Highest Since May
Longer-term inflation expectations also rose in October News of war weighed on University of Michigan sentiment gauge US near-term inflation expectations rose in October to a five-month high as consumers feared higher prices at the gas pump, reinforcing downbeat views...
Big Tech Sheds $386 Billion in Value as Earnings Disappoint
Meta falls Thursday, in the wake of Alphabet and Tesla Selloff could push S&P 500 down 10% from its recent high The so-called Magnificent Seven technology companies that have powered this year’s US stock rally are posting disappointing earnings, wiping about $386...
Big Tech earnings drove a stock market rally. They won’t be enough this time.
Big Tech earnings aren't providing a clear story at a time when the stock market needs one. A look at Microsoft's results tells investors that business-to-business spending might be picking back up and declines in cloud spending have bottomed. A peek at Google's...
Food Insecurity in the US Jumps for the First Time in 11 Years
More Americans faced food insecurity in 2022 than in the previous year, marking first annual increase of struggling households in more than a decade. About 17 million US households, or 12.8% of the total, experienced difficulty at some time during the year in...
Wall Street Sours on EVs as Demand Falters, Funding Costs Soar
(Bloomberg) -- Electric vehicles may be seen as crucial to the future of transportation, but it’s been a rough stretch for investors in stocks tied to the sector. First, industry giant Tesla Inc. warned of growth troubles last week, then General Motors Co. said it was...
Stellantis Nears Deal to Buy 20% of China EV Maker Leapmotor
Companies could set up JV for car sales outside of China Leapmotor stake could be valued at more than $1 billion Stellantis NV is nearing a deal to acquire a roughly 20% stake in Chinese electric vehicle company Zhejiang Leapmotor Technologies Ltd., people with...