Author: josh
In This Article The real estate market is hot! No, it’s cold! Interest rates are too high! Rates are the lowest in three years! Sometimes, it’s hard to know what to believe when it comes to the ever-volatile U.S. real estate market. With a seeming myriad of conflicting reports released one after the other, you could be forgiven for ignoring them all and going with your gut and basic math, calculating cash flow versus expenses and making a move. However, there does appear to be one stat that various real estate economists can agree on: Fall 2025 could be the…
Meta’s $30 billion debt-financed deal for a gigantic AI data center in Louisiana is an example of how “the landscape has suddenly gotten a lot, lot, lot more complicated” for tech stocks going forward, Morgan Stanley Chief Investment Officer, Wealth Management, Lisa Shalett told Fortune. The Meta agreement is the largest private debt deal ever, according to The Wall Street Journal. Eighty percent of the Hyperion data center in Richland Parish, Louisiana, will be owned by Blue Owl Capital, with Meta retaining only a 20% stake. The site will technically be owned by a special-purpose vehicle, and thus will not…
As Securities and Exchange Commission defense counsel, we can attest first-hand to the dread our clients experience when we inform them that we have received a “Wells Notice” from the Division of Enforcement at the SEC. The Wells Notice, which serves as the civil equivalent of a criminal grand jury target letter, informs the recipients that the Division is prepared to recommend to the Commissioners that they be sued. The putative defendants then learn that they have only two weeks to submit a written defense or “Wells Submission,” that may or may not be read by commissioners, and that the price of…
Good morning. Intel, once the world’s leading chipmaker, has struggled in recent years to keep pace with the rise of artificial intelligence computing. Under new CEO Lip‑Bu Tan, and bolstered by government and private investment, the tech company is pursuing an ambitious turnaround. “We took meaningful steps this quarter to strengthen our balance sheet, including accelerated funding from the U.S. government and investments by Nvidia and SoftBank Group that increase our operational flexibility and demonstrate the critical role we play in the ecosystem,” Intel CFO David Zinsner said Thursday in a statement accompanying the company’s Q3 2025 earnings report. Intel reported Q3 2025 revenue of $13.7 billion, up about 3% year-over-year, and non-GAAP earnings per…
President Trump has terminated trade talks with Canada over an anti-tariffs ad featuring Ronald Reagan. If Canada’s Prime Minister Mark Carney has any frustrations he wants to share about his southern neighbor, he may be able to do so with China’s President Xi as soon as next week. Hours ago, Trump wrote on Truth Social, the social media site he owns, that “all trade negotiations with Canada are hereby terminated.” His fury was prompted by a Canadian TV commercial featuring President Reagan—a legend among conservatives—saying tariffs and trade barriers “hurt every American worker and consumer.” While President Trump claimed the…
While it may feel as if successful people are leaps and bounds ahead of the rest of us, people who have made major career or business accomplishments have also been in the trenches. In fact, management guru Simon Sinek said all successful people have hit rock bottom before reaching their pinnacle. “I have never met a successful person in my life who learned anything when things went well,” Sinek told Chris Williamson in his podcast Modern Wisdom. “They learned every lesson they needed to learn that helped them achieve when things went horribly wrong.” Sinek is most recognized for his…
Fall brings fresh energy—and so does our team! We’re thrilled to welcome more than 50 new agents this month, each bringing unique expertise to help homebuyers and sellers nationwide. Join me in welcoming these talented new agents as they begin this exciting journey with Redfin! We’re excited to welcome Anthony Sumbry to our Los Angeles office. With 24 years of experience in Southern California real estate, Anthony has worked with some of the industry’s largest brokerages, including Century 21, RE/MAX, Keller Williams, and eXp. He’s eager to join Redfin and be at the forefront of real estate technology. Redfin agent…
Over the past year, on the day after Tesla unveils its latest quarterly report, this writer has calculated a metric I call the “Musk Magic” Premium. Put simply, the figure demonstrates how much of the EV pioneer’s valuation is explained by its current performance, and what portion rests on investors’ bet that Musk will deliver super-big on sundry promised innovations, from robotaxis to humanoid robots— areas where money-making versions haven’t materialized, and keep getting delayed.I calculated the metric once again following Tesla’s report for Q3, issued after the market close on Wednesday October 22. The company reported record sales for…
The Federal Reserve faces an unprecedented challenge as it prepares to set interest rates next week—making its decision with almost no economic data available. The government shutdown has halted the release of most U.S. economic statistics, including the monthly jobs report. However, the Fed recently also lost access to one of its main private sources of backup data. Payroll-processing giant ADP quietly stopped sharing its internal data with the central bank in late August, leaving Fed economists without a real-time measure that had covered about one-fifth of the nation’s private workforce. For years, the feed had served as a real-time check…
Elon Musk stole the show in the final minutes of Tesla’s Wednesday earnings call to label the advisory firms pushing shareholders to reject his $1 trillion pay package “corporate terrorists.” After months of being relatively quiet following his resignation from the Department of Government Efficiency and subsequent fallout with President Donald Trump, Musk slammed proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis. “I just don’t feel comfortable building a robot army here and then being ousted because of some asinine recommendations from ISS and Glass Lewis, who have no freaking clue,” Musk said. “I mean, those guys are…