Blackstone Mortgage Trust (BXMT) looks like a good dividend company to invest in. It has an exciting dividend yield of almost 10%, trades below book value, and is part of Blackstone, the biggest private equity company in the world. The BXMT stock price was trading at $18.55 on Friday, the…
Starwood Property Trust (STWD) stock price has moved sideways in the past few months as investors focused on interest rates and the Commercial Real Estate (CRE) industry. It was trading at $20 on Friday, a few points below the all-time high of $20.64. STWD has risen by 26% in the…
Vantard, a new player in the meme coin space, made a notable debut on 22 October 2024, with its first presale round raising $500,000 in minutes. This launch has quickly positioned Vantard as a contender among other blockchain platforms, including Ethereum and Sui. Unlike traditional cryptocurrencies, Vantard offers a unique…
The US Federal Trade Commission (FTC) has recently blocked Tapestry’s $8.5 billion acquisition of Capri Holdings, bringing Chair Lina Khan’s strict antitrust measures back into the spotlight. Khan, with her uncompromising stance on monopolistic takeovers is often raising concerns within business circles and is also a frequent target of congressional…
After a remarkable 42% rise in share price since the beginning of the year, T-Mobile US Inc. (NASDAQ: TMUS) has seen its stock reach all-time highs. On October 25, analysts at Raymond James downgraded the company’s rating from “Outperform” to “Market Perform.” Despite T-Mobile’s strong execution following its merger with…
European small cap stocks have “bottomed out (or at the very least stabilised) relative to large caps,” says Aleksander Peterc – a Bernstein analyst. Small caps have underperformed over the past two years but Peterc is convinced that they’ll recover sharply in 2025. The Bernstein analyst is particularly bullish on…
Carvana (CVNA) stock price has gone parabolic in the past two years, making it one of the best-performing companies in the United States. It soared to a high of $201.40, its highest level since January 2022, and 5,200% higher than its lowest point in December 2022. Carvana’s turnaround has worked…
US benchmark equity averages were mixed on Thursday, but S&P 500 index rose slightly led by gains in Tesla and others. At the time of writing, the S&P 500 index was slightly higher by 0.1%, while the Nasdaq Composite was up 0.6%. However, the Dow Jones Industrial Average fell 0.6%…
In an unexpected move, the Bank of Russia has announced a significant hike in its key interest rate, indicating a proactive approach to tackling economic challenges. This decision has major implications for both local and international markets. Let’s take a closer look at the details surrounding this important development. During…
Gold prices fell on Friday as a stronger dollar and rise in Treasury yields weighed on investors’ sentiment. Though gold traded in the red on Friday, prices were still on track to notch up some mild weekly gains. This will mark the third consecutive week of gains for gold. Other…