Mumbai: Money managers have slashed cash holdings in equity mutual fund portfolios to the lowest in five years, using recent declines in large private bank and IT stocks as an opportunity to put the money to work. Cash holdings as a percentage of total equity assets under management (AUM) fell to ₹1.33 lakh crore, or…
Instacart has acquired computer vision company Arpalus and will use that firm’s shelf intelligence technology to improve the inventory accuracy of its own grocery platforms. Arpalus’ technology is purpose-built for grocery retail and will improve the inventory data needed for both eCommerce fulfillment and in-store operations, Instacart said in a Thursday (July 16) press release. When installed on a smartphone or other camera-equipped…
National net absorption reached +2.6 million square feet (msf) in Q1 2026 alone, building on the positive absorption recorded nationally in 2025. That’s a notable turnaround after -17 msf of negative net absorption between 2020 and 2024, according to Avison Young’s data. Trophy and class A assets are leading that recovery: since 2025, Trophy sales have…
If you’re one of those people who asks, “How’s the weather?,” you might be among the one in five Americans who told Redfin that better weather was the motivating factor for their relocation elsewhere. That’s 22% of U.S. residents, making weather the most commonly cited reason among 29 options included in a recent survey from…
The world’s biggest warehouse landlord is still full steam ahead on data centers. “After several quarters of sustained demand, we believe the market is entering its next phase,” Prologis CEO Dan Letter said in a second-quarter earnings call Thursday afternoon. SEE ALSO: PGIM Hires David Blum as Managing Director of Commercial Real Estate Credit The…
ET Intelligence Group: The logistics sector is expected to post a healthy revenue growth in the June quarter, driven by sustained demand from e-commerce and quick-commerce channels, rising supply-chain outsourcing, and improving freight activity across segments. Volume growth, network expansion and customer additions are likely to support top line performance for most companies. However, elevated…
Chinese startup Moonshot AI has released the latest version of its Kimi AI model, further shrinking the performance gap between Chinese and U.S. models just as global businesses are increasingly questioning the cost of deploying models from Anthropic and OpenAI. On July 16, Moonshot AI unveiled Kimi K3, the latest version of its Kimi model….
In a positive sign for sales of newly constructed homes, mortgage applications for these properties were up in June versus one year prior, although normal seasonality kicked in compared with May’s activity. Processing Content Furthermore, sales trends for these properties are on the upswing, another reason lenders need to keep an eye on this segment,…
Former Los Angeles Dodgers owner Frank McCourt has listed the opulent New York City apartment he bought the same year he sold his stake in the legendary sports team—offering up the “distinguished” abode for $2.5 million less than what he purchased it for 14 years ago. The four-bedroom, 3.5-bathroom dwelling is located inside what the…
Oil Rises Amid US-Iran Tensions and Threats to Red Sea Oil Passage Market Response to Escalating US-Iran Conflict By Helen Clark Oil Prices React to Gulf Attacks PERTH, July 17 (Reuters) – Oil prices inched higher on Friday after the U.S. and Iran stepped up attacks across the Gulf, with their broken truce limiting oil…