ARLINGTON, Texas (Reuters) -Jake Paul beat boxing legend Mike Tyson by unanimous decision to win an intergenerational heavyweight battle in Texas on Friday that failed to live up to its enormous hype. The bout between the 27-year-old social media influencer-turned-prizefighter Paul and the 58-year-old former heavyweight champion Tyson was streamed live on Netflix (NASDAQ:) and played out in front of a sold-out crowd at AT&T (NYSE:) Stadium in Arlington. Those fans were left largely disappointed as Tyson showed his age and was never able to generate any offense against his younger opponent, landing just 18 punches to Paul’s 78. “First…
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Now that individual investors can access direct real estate investments, what should they keep in mind regarding the main US commercial real estate (CRE) sectors and their respective outlooks? To conclude our series, we analyze the prevailing perspectives on the US CRE market and four of its key segments, specifically residential — multifamily, industrial, retail, and office.* Residential — Multifamily The United States faces a significant housing unit shortfall. Pre-COVID-19, Fannie Mae data estimated a shortage of 3.8 million homes. New estimates range from 2 to 3 million. While construction starts rose through most of 2021, according to Green Street…
A hot fire test of an Archimedes engine, which powers the company’s Neutron rocket.Rocket LabThis past week saw several pure-play space stocks rally, with leaders up as much as 20% or more, in part driven by what sector analysts said is a “Trump-Elon trade,” a nod to the relationship between President-elect Donald Trump and SpaceX CEO Elon Musk.”I don’t think anyone can underplay the potential catalyst that I don’t think many people were talking about before: the most important human in the history of the space industry having the ear of the president-elect, who in his past term found space…
Brandon Bell/Getty Images; iStock; Rebecca Zisser/BI More than half of the stock market’s post-Trump-election rally has been erased. The turning point came Thursday, when Fed Chair Powell said the central bank will take its time cutting rates. That, plus a streak of strong economic data, has investors questioning whether a December cut is necessary. And just like that, half of the stock market’s euphoric post-Trump-election gain is gone. Major US indexes sold off sharply on Friday, with the tech-heavy Nasdaq leading the way, as investors came to terms with the fact that they may not get a December rate cut…
Image source: Getty Images The Rolls-Royce Holdings (LSE: RR.) share price has climbed more than 1,300% since its lowest point of 2020. And I see reasons to think it could head even higher. Or lower. At the most pessimistic point, many investors feared the worst. With debt looking like it might be too much to recover from, the company was almost priced to go bust. But the doom-mongers had reckoned without the heroics of the Rolls-Royce management team, and new CEO Tufan Erginbilgiç. When the new boss took control in 2023, he famously told employees that they were standing on…
(Reuters) – A Southwest Airlines (NYSE:) plane preparing for departure at Dallas Love Field airport was struck by a bullet late on late Friday, prompting the aircraft to return to the gate, the airline said in a statement. “Southwest Airlines Flight 2494 was set to depart for Indianapolis when a bullet apparently struck the right side of the plane, just below the flight deck, as the crew was preparing for takeoff,” a Southwest spokesperson said. “No injuries were reported. Law enforcement authorities have been notified and the plane has been removed from service.” The plane was preparing for departure from…
New investors just starting out have many choices available to them, and deciding where to begin can be a challenge. Rather than choosing one stock or sector to invest in, investors can instead gain broad exposure to hundreds of the U.S. market’s best stocks through a broad-market S&P 500 ETF like the SPDR Portfolio S&P 500 ETF (SPLG). I’m bullish on SPLG due to its strong history of returns and its easy access to the earnings power of over 500 of the U.S.’s best companies in one simple and efficient vehicle. Not only that, it does so for a very low…
Image source: Getty Images I think these FTSE 100 stocks could sink like a stone next year. Here’s why. Barclays Banks with significant US exposure have a good chance to grow profits, and especially if President-elect Donald Trump’s planned reforms jump-start the economy. Wide-scale deregulation could also benefit operators on the other side of the Atlantic. But this isn’t enough to tempt me to buy Barclays (LSE:BARC) shares. The bank still sources the lion’s share of its profits — around 60% — from the UK. This creates large risks to investors, in my opinion, given the prospect of continued weak…
Bitwise Seeks to Convert $1.3B Crypto Index to ETP Bitwise Asset Management has announced that NYSE Arca has filed a Form 19b-4 to uplist the $1.3 billion Bitwise 10 Crypto Index Fund (BITW) as an ETP, joining a growing trend of crypto asset managers seeking to convert investment vehicles into exchange-traded structures. “Bitwise believes that ETPs are among the most efficient, convenient, and useful vehicles for providing crypto exposure,” Bitwise CEO Hunter Horsley said in the announcement. “We remain committed to converting BITW to an ETP.” BITW, which launched in November 2017 as the world’s first crypto index fund, provides…
Investing.com – EOS was trading at $0.6171 by 00:06 (05:06 GMT) on the Investing.com Index on Saturday, up 10.28% on the day. It was the largest one-day percentage gain since November 10. The move upwards pushed EOS’s market cap up to $918.3833M, or 0.03% of the total cryptocurrency market cap. At its highest, EOS’s market cap was $17.5290B. EOS had traded in a range of $0.5853 to $0.6171 in the previous twenty-four hours. Over the past seven days, EOS has seen a rise in value, as it gained 28.27%. The volume of EOS traded in the twenty-four hours to time…