In a positive development for investors, two real estate investment trusts (REITs) recently announced dividend increases. This signals potential opportunities in the real estate market, as these companies strive to deliver enhanced returns to their shareholders. Let’s check out each dividend raiser to see if there’s a spot for one or both in your portfolio. […]
By Anirban Sen (Reuters) – Digital World Acquisition Corp, the blank-check acquisition company that has agreed to take former U.S. President Donald Trump’s social media platform public, is nearing a $50 million financing deal, people familiar with the matter said on Thursday. The deal, which could be announced in the next few days, is based […]
Homeowners in Hong Kong are grappling with substantial losses at the beginning of the year as the city’s property prices have experienced a decline for eight consecutive months. The real estate market has been smothered under a softening economy and high interest rates. The recent stock market slump has further dampened market sentiment, leading flat […]
With 2024 upon us, telecom stalwart AT&T (NYSE: T) looks like it’s turned a corner on a multi-year transformation. After John Stankey took over as CEO in July 2020, he refocused the company on its telecommunications business, divesting the entertainment assets acquired under previous management. Because of this transition, the last few years weren’t kind […]
WASHINGTON (AP) — From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers. The Fed is widely expected to do so this year — probably several times. Inflation, as measured by its preferred gauge, rose in […]
(Bloomberg) — Treasury Secretary Janet Yellen said US regulators are monitoring risks stemming from nonbank mortgage lenders, and cautioned that a failure of one of them is possible in the case of market strains. Most Read from Bloomberg “FSOC is very focused on that because nonbank mortgage companies lack access to deposits, which banks have,” […]
“We want to build these boats that do this dirty, dirty job that is happening with [manned, diesel] boats around the world and automate them and make them more sustainable,” said Goel in an interview. Established in 2019, Clearbot started off as a student project to help Indonesian surfers clean up waterways efficiently, as locals […]
Microsoft Corp. Co-Founder Bill Gates shared his skeptical views on Bitcoin, distinguishing himself from other tech and celebrity figures who have embraced the cryptocurrency. Gates expressed concern over the volatile nature of Bitcoin, especially how its value could be significantly influenced by social media activity, notably mentioning Tesla Inc. CEO Elon Musk’s posts on X […]
The drama of earnings season continued on Thursday as investors digested the latest financial reports and what they mean in terms of the ongoing economic recovery. Investors have been sitting on the edge of their seats waiting to learn if the accelerating adoption of artificial intelligence (AI), which began in earnest last year, will help […]
The new spot bitcoin ETFs, excluding Grayscale’s GBTC, now hold more bitcoin than MicroStrategy. “Concentration of coins held by these entities is not a risk to the Bitcoin Network,” said one analyst. This excludes GBTC, which had been an operating fund long before it converted into an ETF. The recently launched spot bitcoin ETFs, excluding […]
Warren Buffett’s portfolio holdings are closely tracked by investors around the world. Often hailed as the Oracle of Omaha, Buffett’s strategic investment bets allowed him to add approximately $13 billion to his net worth between Jan. 2, 2023, and Jan. 2, 2024. Buffett has long preached the importance of long-term investing, stating, “Our favorite holding […]
Expedia (EXPE) announced a CEO change late Thursday while beating earnings estimates for the fourth quarter. Expedia stock tanked in extended trading Thursday after hitting a 52-week high. Ariane Gorin, the president of Expedia for business, will succeed Peter Kern as chief executive officer starting May 13, the company said in a news release. X […]
