Tesla stock: How much does an improved auto business matter?
Tesla stock: How much does an improved auto business matter?
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Investors resist SEC move to halve reporting frequency
The California Public Employees’ Retirement System and the American Accounting Association also opposed the change, according to Reuters. The accounting group warned that semiannual reporting could let accounting problems go undetected for longer, “potentially increasing the costs to remediate when eventually discovered.” Separately, the CFA Institute reported that its own survey of 2,500 analysts and portfolio managers,…
Baker Hughes total rig count +1 at 580
The Baker Hughes Rig count for the current week showed: Total U.S. rigs: 580 up +1 Oil rigs: 445 Unchanged Gas rigs: 126 up +1 The price of crude oil is currently trading at $71.20 down $0.88 or -1.21% on the day. The low price for the day reach $70.77. The high price was at…
M&G European Property Fund makes serviced apartment debut with German deals
M&G said the fund has completed or agreed more than €1.6 billion of acquisitions over the past nine months across core European cities. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an…
June home sales jump as US housing finds its footing
“June’s housing data points to a market with stronger momentum but not a broad supply reset,” said Chris Lim, RE/MAX President and Chief Growth Officer. “Sales picked up, inventory continued to expand and prices remained steady year over year. For consumers, that means local conditions still matter. In a market like this, timing, pricing and…
Carrington’s $200B in servicing goes AI-native with Kastle deal
Carrington Mortgage Services and artificial intelligence fintech Kastle struck an agreement to deploy the latter’s AI agents for servicing operations, including in customer-facing roles at its contact centers. Processing Content The AI agents, which have the ability to handle collections and provide real-time responses to clients based on analysis of data and past interactions, will…
Top 5 Canadian Mining Stocks This Week: Century Global Commodities Soars 229 Percent
Welcome to the Investing News Network’s weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector. On Tuesday (June 7), the Government of Canada announced its first agreement under the Critical Minerals Accelerator, which will provide up to C$400 million…
