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Featured AlphaTack Intel Article
Bitcoin Heads for Worst Month Since Crypto Collapse of June 2022
Bitcoin remained tethered near the the lower end of its recent trading range even as global financial markets showed signs of a renewal of risk appetite, keeping the token on course for its steepest monthly decline since 2022. The original cryptocurrency fell as much...
– AlphaTack Intel Articles –
For Wall Street, Worsening Economy Is a Problem for Later
Bank executives’ commentary over the past week made clear they’re worried about where the economy is headed, but their first-quarter results showed little concern. The six biggest US banks bought back roughly $22 billion of stock in the quarter, a jump of more than...
Retail Investors Who’ve Only Known Bull Markets Are Buying the Dip
Tariff turmoil has shredded investing play books up and down Wall Street. But far from Manhattan, in the Nevada desert, Brandon Arnett is sticking to the retail trading mantra that’s worked for all his life: Buy the dip. “I have been buying into the S&P 500,...
Bessent Says ‘Everything’s On the Table’ for Taxes on Wealthiest
Treasury Secretary Scott Bessent said Republicans are looking at all options to help pay for President Donald Trump’s campaign promises on tax cuts, including increasing levies on the wealthiest Americans. “We’re going to see where the president is” on the issue,...
Dollar’s Losing Run Shows Wall Street Angst Over Tariff U-Turns
Worries over global trade dragged the dollar to a six-month low on Monday, leaving investors bracing for more weakness ahead. The Bloomberg Dollar Spot Index extended declines for a fifth day, falling a total of 3.3% during that stretch. While Treasuries and stocks...
Agility Robotics was raising $400 million at a $1.7 billion valuation
Agility Robotics was raising $400 million at a $1.7 billion valuation. Klarna and StubHub delay their IPOs due to Trumps tariff regulations. Plaid raised $575 million at a $6.1 billion valuation. Ripple acquired Hidden Road, a prime brokerage firm, for $1.25 billion....
‘So Wrong’ Stock Forecasters Struggle to See Through Trade Chaos
Wall Street’s leading prognosticators have been humbled this year, with so many proven wrong about the damage President Donald Trump’s combative trade policies would do to the stock market. But despite all the convulsions and uncertainty, most equities strategists...