Cohen & Steers Real Estate Opportunities Fund has acquired Oak Hill Plaza, a 92.5% occupied shopping center in Austin, Texas, through a joint venture with Trademark Property Company. The property is located in a rapidly growing, affluent area with strong population and income metrics, benefiting from recent infrastructure improvements that enhance visibility and access. This acquisition aligns with Cohen & Steers' strategy to invest in income-generating retail centers anchored by essential retailers in supply-constrained markets. The firm plans to elevate the tenant mix and increase the property's long-term value as the area continues to develop.
Sandisk and Kioxia announced plans to invest over $31 billion in their memory manufacturing facilities in Japan. This investment represents about 60% of what they have spent there over the past 25 years, signaling a major expansion in their productio...
Upstart Holdings, Inc. reported a 50% year-over-year increase in loan originations in Q2, reaching 558,014 loans, fueled by its AI-powered platform and strong demand for personal loans. The company is also improving channel conversion rates and expan...
IREN Limited has contracted over $4 billion in AI Cloud annual recurring revenue, with its 2026 capacity nearly fully booked and 2027 discussions progressing. The company’s three-year pricing exceeds $20 million per megawatt, and customer prepayments...
Meta Platforms is rapidly closing the gap with Google Search in digital advertising revenue, driven by its $60 billion annualized Advantage+ AI-powered ad platform. In Q2 2026, Meta's ad revenue rose 27% to $59.4 billion, capturing nearly half of all...
Constellium SE receives a Strong Buy rating with a $55 price target due to growth in aerospace driven by recovering aircraft production and improved margins. Additional earnings growth is expected from packaging, automotive rolled products, and AS&I ...
