Cohen & Steers Real Estate Opportunities Fund has acquired Royal Plaza, a grocery-anchored shopping center in Front Royal, Virginia, through a joint venture with DLC. The center is 92% occupied and anchored by Martin's, the second highest-performing store in its chain, and shadow-anchored by Rural King, the retailer's top-performing location nationwide. This acquisition fits Cohen & Steers' strategy of investing in highly occupied, income-generating centers in growing markets. The location benefits from strong regional traffic and a growing population, offering potential for attracting more national retailers and enhancing shopper cross-traffic.
Shopify reported strong Q2 2026 earnings, surpassing analyst expectations thanks to significant growth in AI-driven commerce. AI-driven traffic and orders to Shopify stores tripled year-over-year, boosting confidence in the company's AI innovation. S...
Freightos Limited reported Q2 results surpassing expectations with an EPS of -$0.03 versus -$0.05 expected and record revenue of $7.7 million, driven by a 19% increase in core platform revenue. The company narrowed its adjusted EBITDA loss to $2 mill...
Evercore ISI raised Ross Stores' price target to $276, suggesting a 12.5% upside from its current $245.36 price. The boost reflects strong expectations for Q2, with projected revenues of $6.10 billion (up 10.7%) and earnings per share of $1.92 (up 23...
SpaceX achieved a new launch cadence record with two Falcon 9 launches in 38 minutes and reported $7.814 billion in Q2 2026 revenue, beating estimates by 14.59% and growing 92% year-over-year. Key growth drivers include Starlink connectivity, AI segm...
Amazon is purchasing rare books, cutting off their spines, and scanning them at a Las Vegas facility to train its AI models. This method provides unique training data from texts that are out of print or not available online, which helps improve AI qu...
