An Atlanta-based real estate investment firm is adding $1B in warehouses and distribution centers to its portfolio from Blackstone’s Link Logistics. Stonemont, in a joint venture with Los Angeles-based PCCP, bought a 38-building portfolio totaling 5.9M SF in markets including Austin, central Florida, Charlotte, Dallas and Phoenix, the company announced in a Wednesday press release. The projects add to […]
A gauge of the risk in holding these firms’ debt has climbed to record highs, the Financial Times reported, citing LSEG data, with credit default swaps tied to Oracle, Alphabet, Amazon, Meta, Broadcom, Nvidia and SpaceX all touching records in recent days. Oracle’s five-year swaps traded at 215 basis points on Monday, up from 144 […]
Broadly speaking, burgers are cheaper in Asia, where the U.S. president has accused several countries of currency manipulation.
Vessels transiting through the Gulf of Oman are pictured off the coast of Muscat on July 25, 2026. – | Afp | Getty Images ExxonMobil and Chevron on Friday reported second-quarter profits that surged on rising oil prices due to the Iran war. Chevron’s net income soared to $12 billion, a nearly 400% increase compared […]
Burman Real Estate, AJM Real Estate, Caiola Real Estate Group and Park It Management broke ground on The Bridge, a $130- million, nine-story condominium development that will bring 101 for-sale, luxury residences and a 10,000-square-foot event venue to downtown Mineola, NY. The project is located at 212-214 Third St., directly across from the Mineola Long Island Rail Road […]
Carey R. Troell has rejoined Greenberg Traurig.Greenberg Traurig Carey R. Troell has rejoined Greenberg Traurig as a shareholder in its Houston office, the law firm announced this week. Processing Content Troell, who previously worked at Cantu Harden Montoya, had been part of Greenberg Traurig’s Texas Public Finance & Infrastructure Practice nearly 20 years ago. “He […]
Last week, the Mamdani administration made good on its promise to enact a tax on New York City’s wealthiest homeowners. The city’s Department of Finance published an online database of more than 31,000 properties and property owners who might be subject to a new pied-a-terre tax. When the surcharge passed in May, city and state […]
Amazon shares surged on Friday while Apple dropped as investors reacted starkly differently to their June quarter earnings reports. Shares of Amazon were 12% higher in premarket trading, while Apple fell 7%. Amazon was nearly 4% higher at Thursday’s close while Apple was down by more than 1%. Both companies reported their June quarter earnings […]
IG Group (LON: IGG) has entered the prediction markets. The Underdog deal did not come out of the blue. The broker’s CEO, Breon Corcoran, already revealed on the last earnings call that it was actively looking into prediction markets. But apart from the $1.3 billion headline of the Underdog buyout, IG mentioned the real purpose […]
On this episode of the “ETF of the Week” podcast, VettaFi’s Head of Research, Todd Rosenbluth, discussed the Thornburg Premium Income Builder ETF (THOR) with Chuck Jaffe of Money Life. For more news, information, and strategy, visit our Portfolio Strategies Content Hub. RELATED TOPICS chuck jaffeetf of the weekexpert insightsPodcastsPortfolio Strategies Content HubthorthornburgThornburg Asset Managementtodd […]