The rental segment has been marked by strong demand and looks to continue on this trajectory given mortgage rates that continue to hover around 7% and record property prices across many U.S. regions. In spite of some slowdown, rents have continued to appreciate, being nearly 30% higher than prior to the pandemic, with February levels
INVL Technology Enlight Research published an analysis of the 2023 financial results of INVL Technology, a company that invests in IT businesses. The report by Enlight Research states that, due to the growth of its portfolio companies’ sales and EBIT (earnings before interest and taxes) in 2023, INVL Technology’s net asset value (NAV) per share
After a brief bounceback in 2023, Cathie Wood’s exchange-traded funds continued to suffer this year. Investors are losing their patience. So far this year, investors have pulled $2.2 billion out of the six actively managed ARK ETFs, more than the asset outflows the funds have seen for the entire 2022 and 2023 combined. That’s left
Bitcoin was modestly lower early Saturday following the so-called halving, an event that sharply cut the issuance of the world’s largest cryptocurrency. The price of Bitcoin has fallen 1.3% to $63,676 over the past 24 hours, holding above $60,000 that it traded at earlier this week amid worries over inflation and the outlook for interest
The S&P 500 is often the benchmark for investors to try and beat. And it’s a good one to strive for, as in the long run the broad index has generated returns of 10%. If you could average a 10% return over a period of 25 years, your investment would be worth nearly 11 times
Norway’s giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($109.9 billion), supported by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global, the world’s largest sovereign wealth fund, said it had a value of 17.7 trillion kroner at the end of March. It described the
Alarm is growing over proposed Cook Islands legislation, drafted by a US-based company, which could validate hacking into any account or system in the world. In an investigation, 1News has learned that Drumcliffe, a high-value debt collector specialising in international asset seizure, hired at least two Cook Islands-based lawyers to draft the Tainted Cryptocurrency Recovery
The initial public offering market is showing signs of life again. And the optimism following the strong debuts for Reddit and AI cloud infrastructure company Astera Labs appears to be spreading. Case in point: A closed-end fund that invests in Elon Musk’s SpaceX, Fortnite maker Epic Games, OpenAI, fintech giants Stripe and Chime and other
Rocket Mortgage is flexing its tech muscle with the launch of a platform that uses machine learning to pull important information from borrower documents during the underwriting process. According to Rocket, the new technology dubbed Rocket Logic will be used to scan and identify files uploaded by the borrower to “ensure clients are providing the
Stocks struggled to regain momentum Tuesday afternoon following a morning dip, as economists predicted that Wednesday’s Consumer Price Index report would show a 3.4% annual inflation rate, up from 3.2% in February. Investors have been hoping for the Federal Reserve to cut interest rates as joblessness remains low and inflation wanes. But a potential inflation