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The Amazon logo on a locker in Annapolis, Maryland, on February 2, 2023, ahead of earnings report. Jim Watson | AFP | Getty Images Check out the companies making headlines in premarket trading. Capital One — Shares were down 3.3% after disappointing quarterly earnings. The company earned an adjusted $2.31 per share, well below a
Jenni Kayne sold her Santa Ynez Ranch this week for $6 million. The Los Angeles-based designer bought the 20-acre property in September 2020 and spent two years infusing the home with the signature style, neutral color palettes and natural materials that has made her skincare, clothing and home-offering lines famous. Kayne said the renovations were
A beachfront residence is seen in East Hampton, New York. Jeffrey Basinger | Reuters The average price for a house in the Hamptons hit a record $3 million in the first quarter, highlighting a shortage of trophy beach homes for sale and the resilience of wealthy buyers. The average sales price in the New York
Chicago Mayor-elect Brandon Johnson named a transition committee and subcommittee leadership Thursday that draws from members of the city’s business, activist, and governmental communities to help shape his administration’s strategies and priorities. Johnson charged the group with crafting a written report in the coming week to guide the administration that takes office May 15th. “We
Deutsche Bank has agreed to buy UK broker Numis for £410mn as Germany’s biggest bank bets on a rebound in a London market that has struggled in recent years. In a surprise deal announced on Friday, Deutsche said it would pay 350p a share for Numis, which advises almost a fifth of companies in the
Wisconsin’s latest tender invitation to $1.8 billion of tax-exempt and taxable general obligation bond holders drew enough interest that the state dropped a planned forward refunding from its $500 million refunding transaction that priced Thursday. The state launched the tender offer to various tax-exempt series from 2015 through 2021 and taxables from some 2019 to
Bitcoin (BTC) stuck to $29,000 at the April 27 Wall Street open as United States GDP growth missed expectations. U.S. GDP figures reveal surprise slowdown Data from Cointelegraph Markets Pro and TradingView showed BTC/USD once again stagnant after flash volatility the day prior. The largest cryptocurrency had liquidated over $300 million in long and short
In this video, you’re going to learn are you going to end up with the same result when it comes to doing puts or calls on the calendar. We’ll go through the whole process. You’ll see what is the case when things are in the money or out of money. Also, we’ll go through profit
Metaverse ETFs have outperformed in 2023; here’s why. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
katleho Seisa | Getty High fees can take a bite out of your portfolio returns, but the good news is that it’s becoming cheaper to invest. Financial services firms charge clients a fee to invest their funds, typically withdrawn from their investment assets. When costs are high, they eat into returns over time. Consider that
Visitors take photos in front of the Meta (Facebook) sign at its headquarters in Menlo Park, California, on December 29, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making headlines in extended trading. Meta Platforms — The Facebook parent popped 9% after announcing better-than-expected top-line results. Meta posted $28.65 billion
The team behind Lens, a Web3 social media protocol, has announced the launch of a new “layer 3” network to scale blockchain social media apps. Called “Bonzai,” the new network processes and stores posts, comments and shares, taking this data off the Polygon network and thereby increasing scalability for Lens, according to an April 26
The confluence of rising rents, historic inflation rates and the availability of remote work has opened new opportunity in so-called “Third City Markets” (TCMs) in the U.S. These tertiary markets provide robust potential for workers seeking lower costs of living and better quality of life. By extension, they offer opportunity as well to real estate
Singapore-based online property portal PropertyGuru maintains a “conservative outlook in 2023” amid challenges, and expects full year 2023 revenue of between 160 million Singapore dollars and SG$170 million and adjusted EBITDA of between SG$11 million and SG$15 million. Wei Leng Tay | Bloomberg | Getty Images SINGAPORE — Singapore is raising taxes for property purchases
Municipals were steady in secondary trading Wednesday as the competitive market saw the states of Washington and Delaware price large general obligation bond deals. U.S. Treasuries were weaker in most spots and equities ended mixed. The two-year muni-Treasury ratio Monday was at 66%, the three-year at 68%, the five-year at 68%, the 10-year at 68%
The crisis-stricken CBI will be renamed as part of efforts to demonstrate that it has reformed its toxic workplace culture after weeks of allegations of rape, sexual harassment and bullying, the new boss of the business lobby group has said. Rain Newton-Smith said the rebranding would be necessary as part of a promised “root and
The Securities and Exchange Commission (SEC), led by Chairman Gary Gensler, has been at the forefront of the United States’ cryptocurrency crackdown. In the last few months, the agency has filed several enforcement actions against major crypto companies that allegedly violated security laws. Critics say the agency has adopted a regulation-by-enforcement approach without providing a
In the midst of a tumultuous week, First Republic Bank is struggling to regain its footing in the financial world. Reports have surfaced that the bank is poised to enter government receivership due to a massive outflow of $100 billion in customer withdrawals last month. This has prompted investors to flee the bank, causing its
Puerto Rico Electric Power Authority bondholders argued for certification of their appeal of a ruling against their lien on revenues, saying it would advance the bankruptcy case and allow an appeals court to address issues of public importance and novel legal questions. The Official Committee of Unsecured Creditors filed a separate reply in the United