S&P 500 Earnings: FOMC Announcement, September PCE, And 3 Hyperscalers Report This Coming Week

New Jersey developer Yisroel Berger has sealed a $70 million loan to refinance a newly redeveloped multifamily tower in Newark, N.J., Commercial Observer has learned. A fund managed by Dwight Investment Management, a registered investment adviser affiliated with Dwight Capital, provided the nonrecourse, interest-only loan for the 216-unit Cosmo 440 project in Newark’s South Ward…

Bosnian Serb general Ratko Mladic, convicted for genocide, has died, UN official says

The data center boom faces a financing challenge: Developers must fund not only the buildings themselves, but also the power, cooling and other infrastructure required to support increasingly energy-intensive computing.  The International Energy Agency estimates that data centers consumed approximately 415 terawatt hours of electricity globally in 2024, and it projects that consumption will more…

Treasury yields steadied early on Wednesday as investors awaited fresh data for insights into the U.S. economic picture ahead of next week’s Federal Reserve interest rate decision. Yields on 10-year U.S. Treasurys — the main benchmark for mortgages, auto loans and credit card debt — were unchanged at 5.1211%. The yield on the 2-year Treasury note,…

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…