Google’s bigger-than-expected spike in spending on data centers and other AI infrastructure is rattling Wall Street. While it was the first of the Big Tech giants to report second-quarter earnings, and its competitors’ stock prices also dropped Thursday, analysts say the market plunge may not be a reflection of the larger sector’s data center spending spree. It may […]
The biggest World Cup in history packed stadiums across North America and shattered attendance records. It just wasn’t the hotel bonanza many in the hospitality industry had expected. Hotels pushed room rates sharply higher around marquee matches, fueling strong gains in revenue per available room. Yet, many fans booked at the last minute, stayed only […]
Semiconductor exchange-traded funds have gained more than 25% this year. Intel Corporation’s (INTC) second-quarter earnings report after today’s close could test whether that rally continues. Key Takeaways: Semiconductor ETFs have surged this year ahead of Intel’s earnings report today. Intel’s stock has soared but slid about 28% this month on valuation worries. Fund exposure to […]
Those who are familiar with Vanguard’s ETF lineup are likely well-acquainted with the Vanguard S&P 500 ETF (VOO). After all, this fund — which provides low-cost exposure to the S&P 500 — is currently the largest fund in terms of AUM. Key Takeaways: The Vanguard S&P 500 ETF (VOO) has attracted compelling inflows for a […]
SL Green is reaping the rewards of a resurgent New York City office market. “It might be the dead of summer, but our team is, of course, hard at work — this is truly when we shine the brightest, are completely dialed in on our business plan, and outwork the marketing,” said CEO Marc Holliday, […]
Commercial real estate company Avison Young says the sector is showing signs of stability across Canada at the midway point of the year as enthusiasm tempers, but new tariffs announced by the U.S. this week could be factor to watch.
Amazon parcels are prepared for delivery at Amazon’s Robotic Fulfillment Centre. Nathan Stirk | Getty Images Amazon is requiring that third-party sellers label any product images or videos that contain “AI-generated people” after New York recently passed a law mandating greater transparency around “synthetic performers” in ads. The company informed sellers Wednesday of the policy […]
Munis sold off Thursday as the weakness over the past several days culminated in the largest cuts in months amid ongoing tensions in the Middle East and rising oil prices. Processing Content Muni yields were cut eight to 13 basis points, depending on the curve, while UST yields rose two to six basis points, pushing […]
Jeff Blau’s recruitment pitch for office tenants at 625 Madison Avenue could include proximity to one of the most exclusive eateries in New York City. Related Companies is in discussions to bring Ralph Lauren’s Polo Bar to the Midtown Manhattan development, the Wall Street Journal reported. Details about the lease and the potential relocation from […]
Legora, a company that developed a collaborative artificial intelligence-driven workspace for the legal profession, has signed a new 10-year lease for 98,420 square feet — the entire 11th floor — at SL Green Realty’s 11 Madison Avenue. This brings the building to 100 percent occupancy. SEE ALSO: Durst Secures Three Leases at 1133 Avenue of […]