Polestar stock hits 52-week low at 6.12 USD

Latitude Group has landed a $27.9 million loan to refinance a newly completed condominium project in Fort Lauderdale, Fla., Commercial Observer has learned. Edgewood Capital supplied the loan for the Terraces condo tower set to debut this fall, sources familiar with the deal told CO. Latitude Group previously secured a $24.5 million construction loan from…

Investors looking to boost their exposure to artificial intelligence should target China, according to Matthews Asia portfolio manager Andrew Mattock. He said investors will need a more deliberate approach because broad emerging market strategies won’t be that effective. “Investors need to be aware when they buy an emerging market fund or when they buy a…

MAI Capital Management, a Cleveland-based registered investment advisor with $80.4 billion in client assets, has hired former KeyBank and Bank of America information and technology executive Amy Brady as a managing partner to oversee strategic initiatives, including AI optimization, workflow efficiencies and the firm’s women and wealth strategy, the company announced Tuesday. Brady, who brings…

Barclays is cutting rates by up to 50 basis points tomorrow, while Landbay has made reductions of up to 35bps. When Nationwide Building Society dropped prices earlier this week on the back of lower swaps, brokers were hoping other major lenders would follow suit, however there have been moves in both directions. Halifax was among…

Key Points Obesity drugs like Mounjaro and Zepbound could help the drugmaker power ahead for years. Its Alzheimer’s drug Kisunla and broad pipeline add another layer of long-term potential. My take: Lilly looks like a compelling long-term company, but its premium valuation merits consideration. 10 stocks we like better than Eli Lilly › In the…

S&P 500 Rises As Investors Adapt To Having Less Information To Absorb