US Home Prices Hit All-Time Highs, Fastest Growth Rate In A Year: ‘We’ve Witnessed Records Repeatedly Break’
US home prices reached a new peak in March 2024, with a 7.4% annual growth rate - the highest since October 2022.
JPMorgan Bullish On China Stocks, Property Sector Despite Recent Struggles
JPMorgan has expressed optimism about the future of China's stock market and real estate sector, despite recent challenges.
Inflation Stresses Retail Traders As Fed Cuts Look Unlikely, Crypto Doubts Increase: Survey
Inflation remains a top concern, according to the Trader Sentiment Survey from Charles Schwab. Is crypto worth the risk?
Sustainable Cannabis In Coachella Valley: Green Horizons’ 1M Sq Ft Facility, Tommy Hilfiger CPG Expansion
In an exclusive interview with Benzinga Cannabis, Carlos "Los" Arias, co-founder of California marijuana company Green Horizons, discussed the company's innovative approach to cultivation and margins, emphasizing sustainability and cost efficiencies at the company's new facility in Coachella Valley.
Mortgage Applications Climb For Third Week As 30-Year Interest Rates Drop
Mortgage applications in the US saw a 1.9% increase for the week ending May 17, continuing an upward trend. Refinancing applications surged by 7% and stocks of mortgage-sensitive firms are on the rise.
China Goes All In As Beijing Vows To Buy Unsold Properties: Chinese Stocks Rally, Copper Hits All-Time Highs
China announces aggressive measures to boost property market, including easing mortgage rules and urging local governments to purchase unsold homes. Stocks and commodities tied to China rally in response to the news.
S&P 500, Nasdaq 100, Dow Jones Shatter Record Highs In Unstoppable Bull Market Rally
The S&P 500, Nasdaq 100 and Dow Jones Industrial Average indices all shattered fresh all-time highs Wednesday, driven by a benign inflation report that boosted risk sentiment among bullish investors.
Safe Harbor Financial’s 245% YoY Q1 Net Income Boost, Anticipates Capital Increase With Possible Rescheduling
Safe Harbor Financial Services, Inc. (NASDAQ: SHFS) reported a 245% year-over-year increase in net income to approximately $2.0 million for the first quarter of 2024.
What’s Going On With Data Center REIT Equinix Stock Today?
Equinix, Inc. reported Q1 FY24 results with revenues up 6%, adjusted EBITDA up to $992M, and a quarterly dividend of $4.26. President and CEO sees potential in digital initiatives driving growth. Gain exposure with Pacer Data & Infrastructure Real Estate ETF.
US Healthcare Landlord Medical Properties Trust’s Largest Tenant Steward Health Goes Bankrupt, Sparks Regulatory Concerns
Amid Chapter 11 bankruptcy, Steward Health Care, Medical Properties Trust's tenant, faces financial turmoil. State regulators scrutinize its 30 hospitals, grappling with incidents like bat evacuations, unpaid nurses, and equipment shortages. Steward's reliance on MPW for a $300 million loan raises eyebrows, as stakeholders navigate complex ties amid regulatory interventions.