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Featured AlphaTack Intel Article
Legal AI Startup Legora Raises $550 Million for US Expansion
Swedish legal artificial intelligence startup Legora has raised $550 million in a Series D funding round led by Accel, tripling its valuation from an October round to $5.55 billion as it seeks to expand in the US. Existing investors Benchmark, Bessemer Venture...
– AlphaTack Intel Articles –
US Consumer Delinquencies Climb as Student Debt Goes Unpaid
The share of US consumer debt in delinquency rose in the third quarter to the highest level in more than five years as unpaid student-loan balances continued to surge. Around 4.5% of debt was at least 30 days delinquent in the July-to-September period, the most since...
Dollar Faces Risk of 2000s’ Boom-and-Bust 40% Decline, RBC Warns
Traders should take cover from a protracted selloff in the dollar that could mirror the boom-and-bust cycle of the Internet bubble once the drivers that are supporting the currency turn into headwinds, according to RBC Capital Markets. The greenback has already been...
South Korean Stock Selloff Eases as Retail Traders Buy the Dip
South Korea’s stock benchmark pared losses after a sharp afternoon rebound as retail investors bought on the dip, offsetting some of the earlier selling driven by valuation concerns. The Kospi Index fell 2.9% on Wednesday, its steepest drop since August, after...
Retail Traders Post Worst Day Since April as Tech Rally Stumbles
For the day traders who pile into the hottest stocks, Tuesday was the worst session since the April chaos caused by Donald Trump’s trade war. The Retail Favorites Index — a Goldman Sachs Group Inc. basket of stocks heavily owned by non-professional traders — was hit...
Treasury Secretary’s Warning of a ‘Housing Recession’
The U.S. housing market may be experiencing a recession due to the Federal Reserve's monetary policies, according to Treasury Secretary Scott Bessent. He blames high mortgage rates on the central bank, affecting sectors like housing, particularly impacting low-income...
Electric aircraft maker Beta Technologies raises over $1 billion in US IPO
Electric aircraft maker Beta Technologies has raised $1.01 billion in its U.S. initial public offering on Monday, pricing its shares above its indicated range and underscoring the strong pipeline of new listings in the resurgent IPO market. The Vermont-based company...