Seagate’s earnings are welcome news for the battered AI trade
The storage maker’s June-quarter results come in ahead of Wall Street’s expectations, and the stock rallies after hours
The storage maker’s June-quarter results come in ahead of Wall Street’s expectations, and the stock rallies after hours
Anthropic, the artificial intelligence firm that created Claude and is widely anticipated to pursue an IPO later this year. Is already generating significant revenue. According to CNBC, Anthropic is currently generating annualized revenue of over $65 billion. Reportedly, Anthropic earned over $11.5 billion in the most recent quarter, a dramatic jump from $787 million in…
Peel says its offer provides certainty of value and full liquidity, but Harworth’s board remains “unanimous and unequivocal” in rejecting the bid. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Login To Unlock The Content! …
Bonds were actually a hair stronger at the open, but quickly tanked just after 8am. The nature of said tankage is strongly suggestive of month-end positioning. While it’s true oil prices are higher than Friday, the spike in bond yields didn’t correlate in a manner typically consistent with oil being the driver. Also, there is…
Bill Pulte is banning people from doing business with the government-sponsored enterprises at a faster rate than his predecessors. Processing Content The Federal Housing Finance Agency has added 51 names to its Suspended Counterparty Program this year, surpassing the pace of all previous years. The suspensions show the extent of the FHFA director’s anti-fraud campaign,…
Barclays is launching a fast-track remortgage service to give borrowers an offer within 24 hours and the ability to complete in as little as five days. The new scheme will launch on Monday (7 September) and is aimed at homeowners who stick with existing lenders out of convenience and certainty. Renewing a mortgage is…
HH Fund, a student housing-focused investor and operator based in Silver Spring, has purchased a 197-unit residential building in the George Washington University area. Photo credit: Google Maps Varsity on K at 950 24th St. NW in Washington, D.C. The private equity firm, which launched in 2015, acquired Varsity on K at 950 24th St….