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Featured AlphaTack Intel Article
Surging Gasoline Prices Create New Political Woes for Trump
Gasoline and diesel futures surged on the first day of trading after the US and Israel launched attacks on Iran, threating to blot out one of the biggest bright spots of President Donald Trump’s energy agenda. Gasoline futures jumped as much as 9% Monday as the flow...
– AlphaTack Intel Articles –
Private Funds for Retail Investors Jump to $350 Billion, Morningstar Says
Wealthy retail investors in the US piling into private credit are pushing the market for semi-liquid funds to about $350 billion and exposing themselves to new risks, according to a Morningstar Inc. report. The total market for semi-liquid funds has surged 60% since...
Investors Are Most Positive on EM in Two Years, HSBC Survey Says
Investors’ bullishness on emerging markets is at its highest in over two years, according to HSBC’s quarterly survey of 100 money managers. About 44% of respondents now have a bullish outlook on EM for the coming three months, according to the survey, which canvassed...
Uber and Waymo Begin Driverless Ride-Hailing Service in Atlanta
Uber Technologies Inc. on Tuesday will begin offering its customers driverless Waymo rides in Atlanta, making it the second market, after Austin, where the two companies are teaming up instead of competing against each other. Dozens of Waymo’s robotaxis will service...
Stock Surge Saw US Add More Than 379,000 Millionaires Last Year
The US added more than 1,000 new millionaires per day last year, with surging stocks driving the wealth increase, according to a new report from UBS. There were more than 684,000 millionaires created worldwide in 2024, including over 379,000 in the US. Overall, wealth...
Microsoft Planning Thousands More Job Cuts Aimed at Salespeople
Microsoft Corp. is planning to ax thousands of jobs, particularly in sales, as part of the company’s latest move to trim its workforce amid heavy spending on artificial intelligence. The cuts are expected to be announced early next month, following the end of...
German defence start-up Helsing raises 600 million euros in latest investment round
German defence start-up Helsing has raised 600 million euros ($693.30 million) in its latest investment round, lead by Spotify founder Daniel Ek, the firm said on Tuesday. The latest investment round has raised Helsing's value to $12 billion, the Financial Times...