Salesforce’s stock surges as AI momentum fuels revenue growth
Salesforce cleared Wall Street’s second-quarter expectations and deepened its ties with AI lab Anthropic.
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T. Rowe Research Charts a Disciplined Path for Crypto
Crypto has spent more than a decade on the edge of mainstream investing, cast either as a technological revolution or a speculative distraction. According to a new T. Rowe Price research report titled “Crypto edges into the mainstream,” that debate has shifted. Key Takeaways: T. Rowe Price research favors sizing diverse crypto exposure deliberately over…
Review: We Tried the Same McDonald’s Meal in the US and UK
McDonald’s may be a globally recognized brand, but ordering the same meal on opposite sides of the Atlantic can feel like a completely different experience. We tried similar McDonald’s meals in New York City and London — including spicy chicken sandwiches, fries, an apple pie, and a fruity drink — to see whether there were…
Developer Wolfe Landau Buys FiDi Redevelopment Site for $35M – Commercial Observer
An entity tied to Brooklyn-based developer Wolfe Landau has snapped up two adjacent Financial District lots poised for redevelopment. The buyer, Landau’s Peninim Water, paid $35 million across two deals for 78 Pearl Street and 46-48 Water Street, according to property records made public Tuesday. The New York Business Journal first reported the deal. SEE…
AutoNation CEO Bets Resilient Buyers Will Fuel Rebound
Automotive retailer AutoNation has found that the industry and consumers are “in good shape,” despite declines in sales volume and profit that the company saw in the second quarter, AutoNation CEO Michael Manley said during a Friday (July 31) earnings call. “Consumer sentiment is improving every month,” Manley said. “Our banking partners are reporting 20%…
Brooklyn Developer Ezra Unger Banned From Selling Condos: AG
Brooklyn developer and aspiring airline mogul Ezra Unger has been banned from selling condos in New York state for six years. An investigation by the New York Attorney General’s office found that Unger sold units and collected payments from buyers for a condo project at 427 Marcy Avenue in Williamsburg before the AG approved a…
Aldermore hires Porter as BDM in commercial real estate team – Mortgage Strategy
Aldermore has appointed Andy Porter as business development manager within its commercial real estate (CRE) team. Porter brings more than 20 years of experience across property finance, commercial banking and credit risk. He joins Aldermore from United Trust Bank, where he was senior director of property development. Prior to that, Porter spent more than 12…
