US existing home sales rise to 10-month high in December
By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales increased to a 10-month high in December, but further gains…
Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
(Reuters) -Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO…
AT&T secures $850 million from sale-leaseback of real estate to Reign Capital
(Reuters) -AT&T said on Friday it has secured $850 million through the sale-leaseback of its underused central office facilities that…
More rate hikes likely coming in Brazil as inflation overshoots forecasts
SAO PAULO (Reuters) – Brazil’s annual inflation rate slowed less than expected in early January, official data showed on Friday,…
Diageo exploring potential spin-off or sale of Guinness, Bloomberg News reports
(Reuters) -Diageo, the world’s top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is…
Hedge fund industry reaches $4.5 trillion in 2024
By Carolina Mandl NEW YORK (Reuters) – The hedge fund industry ended 2024 with $4.51 trillion in assets under management,…
Appetite for IPOs is strong, but watch those valuations, analysts say
By Niket Nishant and Manya Saini (Reuters) – The tepid reception to Venture Global’s ambitious valuation target shows companies need…
Half of investors want to spend more on hedge funds, says BofA survey
By Nell Mackenzie LONDON (Reuters) – Half of the global investors surveyed by Bank of America’s prime brokerage department plan…
2025 is a crucial year for the ‘roaring ’20s’, UBS says
Investing.com — As the U.S. economy and equity markets thrive halfway through the decade, UBS analysts suggest 2025 will be pivotal…
Laser Photonics shares rise following new orders
Investing.com — Shares of Laser Photonics Corporation (NASDAQ: LASE) climbed 3% after the company’s subsidiary, Control Micro Systems (CMS), announced…