Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm’s initial public offering last month, as its stock slipped below the IPO price, according to data and analytics firm Ortex Technologies. Short sellers, who borrow shares to sell them and later buy them back at a…
Tishman Speyer has hired former Prologis executive Joseph Ghazal as its new senior managing director and global head of growth, the firm announced Thursday. Ghazal, formerly global chief investment officer at Prologis, will lead Tishman’s international growth strategy and expand the firm’s presence into the Middle East and India by identifying acquisition and development opportunities…
Hedging, Data Mapping, BER Letter, PPE Tools; AI Ramifications; Atty. Mitch Kider Joins Big Picture Nearly every lender is at least learning about AI, but on the flip side there are things like New York’s ban on data centers. Lenders and vendors are not the only ones riding the tech wave, and no…
Construction output in the UK continued to recover over the three months to May, despite activity falling during the latest month, according to new figures from the Office for National Statistics (ONS). The ONS estimates that total construction output increased by 1.6% in the three months to May 2026, marking the third consecutive rise in…
The lender intends to add more than 600 relationship managers, frontline advisers and platform engineers by the end of 2028. Credit: Piotr Swat/ Shutterstock.com. DBS Group plans to lift assets under management in its wealth business to more than S$1tn ($774bn) by 2030, reported Reuters citing the head of the bank’s unit. The objective covers the bank’s retail and wealth businesses. …
London: The first zero-duty consignments of Indian jewellery and coffee have landed in the UK following the implementation of the landmark India-UK Comprehensive Economic and Trade Agreement (CETA). The pact came into force on July 15.The India-UK CETA was celebrated at the High Commission of India in London with a display of some of the…
Weaker population growth is easing rental demand, weighing on condo activity and slowing housing inflation, BMO economists say.
The Invesco QQQ Trust (QQQ 1.55%) is one of the most popular exchange-traded funds (ETFs). It’s currently the fifth-largest ETF by assets under management at $476 billion and the second-most traded ETF by volume. The driving factor of the fund’s popularity is its returns. It ranks in the top 1% of large-cap growth funds over…
“Not all revisions are created equal,” he said. “If you’re sending an ROV, that’s almost equivalent to a new assignment where you’ve got to research data that you maybe weren’t aware of or just needs to be analyzed and see how it fits in with the data that you did use. Whether it’s to be…
Homebuilder sentiment swooned this month despite the passage of a major federal housing law designed to boost construction, as high costs and economic uncertainty continued to weigh on the industry. Builder confidence in the market for newly built single-family homes dropped to 34 this month, down from a revised 36 in June, according to the National…