Author: Admin

Only six years ago, the boss of Ocado Group was writing the obituary for supermarkets as he predicted that a surge in online grocery shopping during the pandemic had brought forward the hi-tech future.“Not every store will disappear, but there will be a dramatic shift,” Tim Steiner said at the height of the Covid pandemic, when shopping from the sofa became the only option for many.Fast-forward to today and the prospect seems distant as the UK grocery technology group again slashes jobs as it battles heavy losses.Shares in the group slumped more than 6% to 220p on Thursday, as it…

Real estate mogul Grant Cardone is preparing to tokenize his firm’s $5 billion real estate portfolio, the latest property heavyweight to explore blockchain-based ownership.In a Thursday X post, the investor said that Cardone Capital plans to tokenize its holdings to give investors “collateral and liquidity in the secondary markets.” He added that the firm aims to become a market leader in tokenizing assets at scale.Cardone Capital manages multi-family and commercial properties across the U.S. In January, CoinDesk reported that Cardone was planning to use real estate cash flow to buy bitcoin BTC$67,401.36 as part of a long-term crypto strategy. The…

Although got hit with profit taking after its earnings announcement, as I have repeatedly warned, all the covered call option writing on the stock sometimes makes “the tail wag the dog.” The stock should hit $300 per share by the end of 2026 and $500 per share by the end of the decade, so back up the truck and keep buying Nvidia on any dips. Our data center-related stocks also all beat and guided higher due to rising order backlogs. I should also add that recently hit it out of the park with its earnings announcement, and of course, our gold…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxSyfe has partnered with J.P. Morgan Asset Management to launch a new actively managed ETF portfolio for investors in Singapore.The portfolio, named Equity Alpha, will be available on Syfe’s platform from this week.Syfe said this marks the first time a digital wealth platform in Singapore is offering J.P. Morgan Asset Management’s institutional active ETF strategy in a managed format.Active ETFs accounted for about 25 percent of global ETF inflows in 2025, up from 16 percent in 2023.Equity Alpha targets annual excess returns of 0.5 percent to 1.0 percent…

US weekly jobless claims rise slightly; unemployment rate likely unchanged in February

Concerns about AI’s potential as a destructive force on U.S. jobs have contributed to a rally in the 10-year Treasury note, sending its yield toward a 2026 low.

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. At Tyler Technologies, a filing with the SEC revealed that on Monday, Director Andrew D. Teed purchased 1,600 shares of TYL, for a cost of $309.91 each, for a total investment of $495,856. Teed was up about 14.1% on the purchase at the high point…

A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. NBA Commissioner Adam Silver has a new pet project with grand ambitions — to reorganize European professional basketball with an NBA league at the top of the funnel. The NBA is full steam ahead with plans to create NBA Europe, a league with 10 to 12 permanent teams and four to six open spots, available to any FIBA-affiliated…

Mexico’s central bank missed the mark with its easing cycle, which led to this month’s higher-than-expected levels of inflation, an economist tells Central Banking.The Bank of Mexico (Banxico) said in late January that it expected to slow its easing cycle in 2026, as it waited to see the full effects of tax reforms and new trade policies. It then held rates on February 5. In the minutes from that meeting, Banxico said it might be able to resume easing if recent tax and tariff increases were Only users who have a paid subscription or are part of a corporate subscription…

For the past several months, many institutional investors have cited the U.S. stock market capitalization-to-GDP ratio, also known as the “Buffett Indicator,” a metric he first described 25 years ago in an interview with Fortune, as an indication that equities may potentially be overvalued. According to Bloomberg Research, as of Friday U.S. equities are currently at a market-cap-to-GDP ratio of approximately 2.3x. The ratio was ~1:1 at the time of the Fortune article in 2001, having descended from just under 1.5x at the tech bubble peak in March 2000. In the 2008/2009 GFC trough, the U.S. publicly traded equity market…