SITE Centers: Prudence Dictates Exiting Shares
SITE Centers: Prudence Dictates Exiting Shares
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Reddit’s CEO has begun airing his concerns about Google’s AI Overviews search feature. That’s according to a report Saturday (Aug. 1) from Ars Technica, which said Steve Huffman addressed this issue in his latest letter to investors, arguing for Reddit’s function as “the antidote to an automated web” as artificial intelligence tools proliferate. “AI compresses…
Mamdani Admin Defends Pied-à-terre Tax Rollout In Court
Mayor Zohran Mamdani’s tax on second homes in New York City received a Staten Island welcome on Monday, when lawyers representing the administration squared off with homeowners’ attorneys in court over the messy rollout of the surcharge. Judge Wayne Ozzi signaled openness to arguments that underpinned his prior temporary restraining order that briefly halted the…
Wall Street Punishes Sandisk’s Outlook: What Investors Are Missing
Sandisk (SNDK -3.68%) has been one of the hottest stocks in the market over the past year, up over 2,820%, but the stock continued its recent retreat following its fiscal Q4 earnings report and is now off around 47% from its June highs. The memory chip maker continued to see surging revenue and substantial gross…
From Jane Street’s $40 Billion to the $193 Futures Evaluation: Prop Trading’s Two Ends
There is no denying that the institutional prop trading model has become much more powerful this year. The established firms have continued to eat the banks’ lunch, particularly in electronic market-making. Non-bank trading firms generated an estimated $114 billion of revenue in 2025 (an increase of 45% over the previous year), with proprietary trading revenue…
Park Slope Townhouse Tops Brooklyn’s Luxury Contracts
A Park Slope townhouse with a private driveway and a two-car garage topped Brooklyn’s luxury market last week. The home was one of 18 — nine condos, one co-op and eight single-family homes — asking at least $2 million to find a buyer, according to Compass’ weekly contracts report from July 13 to July 19….
Diamond Hill Intermediate Bond Strategy Q2 2026 Commentary
Diamond Hill Capital Management, Inc. is a wholly owned subsidiary of Diamond Hill Investment Group, Inc. Diamond Hill Investment Group is a publicly traded company, and its shares trade on the NASDAQ (Ticker: DHIL). Note: This account is not managed or monitored by Diamond Hill Capital Management, and any messages sent via Seeking Alpha will…
