Cohen & Steers, Inc. is rated a BUY due to strong fund inflows, accelerating performance in REITs, and a 37% forward price-to-earnings discount compared to historical highs. The firm's assets under management (AUM) reached $93 billion in Q1 2026, with 86% of AUM outperforming benchmarks over one year and 98% over three years. Nearly half of the AUM is in REITs, which have benefited from sector rotation and improved property fundamentals, delivering double-digit returns year-to-date. The company’s low leverage, strong cash flow, and 3.5% yield support ongoing shareholder returns amid growth in ETFs and product expansion.
Meta, led by Mark Zuckerberg, plans to begin production of its in-house Iris AI chip in September. This move is part of Meta's strategy to double its computing capacity to 14 gigawatts, enhancing its AI and data processing capabilities. The new chip ...
Bitcoin ETFs, launched in January 2024, have rapidly attracted over $38 billion in net inflows, nearing $120 billion in assets under management (AUM). Bloomberg Intelligence analyst Eric Balchunas compares their growth trajectory to gold ETFs, which ...
Bitmine Immersion Technologies, a former Bitcoin miner now focused on Ethereum, is close to owning 5% of all circulating Ethereum with about 5.5 million ETH, just 507,000 ETH short of its 6.035 million ETH target. The company shifted strategy from mi...
Stacks protocol has reached 1.6 million total wallets, marking significant user adoption beyond niche use. Recent developments include the launch of stBTC, a liquid staking token allowing Bitcoin holders to earn yield while using tokens in DeFi. The ...
The Invesco S&P 500 Equal Weight ETF (RSP) has gained about 12% year-to-date, outperforming the cap-weighted SPDR S&P 500 ETF's 10% rise. This performance reverses recent mega-cap dominance, with RSP's portfolio heavily tilted towards semiconductor s...
