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Featured AlphaTack Intel Article
Stocks Roar Back as Beaten-Down Tech Sector Rebounds
The S&P 500 Index ($SPX) (SPY) on Friday closed up +1.97%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +2.47%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.15%. March E-mini S&P futures (ESH26) rose +1.92%, and March E-mini Nasdaq futures...
– AlphaTack Intel Articles –
Dollar General’s Small Outlook Bump Underwhelms Investors
Dollar General Corp. gave investors a mixed bag on Thursday as it barely increased its sales forecast while also pointing to looming pressure on costs and margin. The discounter has benefited from shoppers looking for more deals. The chain has also been less impacted...
Nvidia Analysts Look Past Tepid Outlook, Lift Price Targets
Analysts are staying bullish on Nvidia Corp., boosting price targets even as the world’s most valuable company offered a forecast that underwhelmed investors. Citing the chip giant’s longer-term prospects, at least 10 firms hiked their 12-month price targets after its...
US Treasuries Soar as Powell Says Risks May Warrant Rate Cut
Treasuries jumped and traders added to bets on a September interest-rate cut after Federal Reserve Chair Jerome Powell indicated a reduction may be warranted to support the labor market. Yields tumbled as much as 11 basis points across tenors with the two-year notes’...
Default Warnings Start to Pile Up in Private Credit Market
Warnings on defaults are starting to pile up in the $1.7 trillion private credit market, prompting at least some analysts to raise concern about underappreciated risks in one of Wall Street’s favorite money spinners. For years, losses have been contained by the fact...
Stocks Fall a Fifth Straight Day on Walmart Miss, Jobless Claims
US stocks closed out their fifth straight day of losses, the longest slide since the turn of the year, after retail bellwether Walmart Inc. posted a rare profit miss, jobless claims ticked higher and a Federal Reserve official downplayed the need for a near-term...
Neuberger Berman Nears First Close for $5 Billion Secondary Fund
Neuberger Berman is closing in on a $5 billion goal for its flagship fund to buy secondary private equity stakes as investors flock to the strategy. The New York-based manager is expected raise at least half of its target in its initial phase of fundraising, also...