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Featured AlphaTack Intel Article
Jamie Dimon warns markets resemble pre-financial crisis era: ‘I see a couple of people doing some dumb things’
JPMorgan Chase (JPM) CEO Jamie Dimon said Monday that the financial world looks a lot like the heyday in the years ahead of the global financial crisis. “Unfortunately, we did see this in '05, '06, '07, almost the same thing," Dimon said at the firm's annual investor...
– AlphaTack Intel Articles –
Rampant AI Demand for Memory Is Fueling a Growing Chip Crisis
A growing procession of tech industry leaders including Elon Musk and Tim Cook are warning about a global crisis in the making: A shortage of memory chips is beginning to hammer profits, derail corporate plans and inflate price tags on everything from laptops and...
MLB Pitcher Used ‘Rooster’ Texts to Tip Off Bettors, US Says
Cleveland Guardians pitcher Emmanuel Clase tipped bettors to his rigged pitches in text messages with coded language like “rooster” and “chicken,” prosecutors said in a revised indictment. Newly retrieved messages show Clase used the coded language and even gave...
Ad Platform Moloco Said to Pick Goldman Sachs, JPMorgan for IPO
Advertising technology company Moloco has selected banks to arrange an initial public offering of the company, according to people familiar with the matter. The California-based firm is working with Goldman Sachs Group Inc. and JPMorgan Chase & Co. on the...
Amazon Mired in Longest Losing Streak Since 2006 on Capex Angst
Amazon.com Inc. shares posted their longest streak of daily losses in almost 20 years, as investors continue to question how much the e-commerce and cloud-computing company spends on capital expenditures. Shares fell 0.4% on Friday, their ninth straight negative...
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...
Bitcoin to $50,000? Standard Chartered predicts ‘more pain’ for price
Bitcoin investors better brace for “more pain” as the price of the top cryptocurrency is set to plunge to $50,000 or even lower over the next few months, according to Standard Chartered. The British bank’s global head of digital assets research, Geoffrey Kendrick,...