Trust
Independence Realty Trust (NYSE:) demonstrated resilience in its Third Quarter 2024 Earnings Conference Call, reporting notable growth in net income and steady occupancy rates. The company’s same-store Net Operating Income (NOI) grew by 2.2%, and core Funds From Operations (FFO) reached $0.29 per share. With an average occupancy of 95.4%…
By Mei Mei Chu BEIJING (Reuters) – China’s truck manufacturers released safety standards for vehicles carrying edible oil on Monday, as firms attempt to regain consumer trust after a report about fuel tankers transporting cooking oil rekindled fears about food contamination. Despite Beijing’s best efforts to step up food safety…
The massive IT outage that rocked companies around the world highlights just how deeply intertwined society and the systems powering it are with Big Tech — and how a single misstep can trigger widespread chaos.It also exposes the fragility of those systems and raises the question: Does Big Tech deserve…
There are creepy undercover security guards outside its office. It just appointed a former NSA director to its board. And its internal working group meant to promote the safe use of artificial intelligence has effectively disbanded.OpenAI is feeling a little less open every day.In its latest eyebrow-raising move, the company…
Claros Mortgage Trust (CMTG) has disclosed a GAAP net loss of $0.39 per share and a distributable loss of $0.12 per share for the first quarter of 2024. The real estate investment trust is navigating a difficult commercial real estate market, marked by higher interest rates and uncertain Federal Reserve…
Elon Musk and David Sacks hosted an elite dinner for billionaires that got political, Puck reported.Musk has been flexing his political influence but has yet to endorse a presidential candidate.In recent years, Musk has lambasted policies by Democratic politicians and endorsed Republicans. Elon Musk, at an exclusive April dinner, commiserated…
NexPoint Residential Trust, Inc. (NYSE:) reported a significant turnaround in its first-quarter results for 2024, with a net income of $26.3 million compared to a net loss in the previous year. The company also announced the completion of property upgrades and a share buyback program, along with maintaining its 2024…
Christopher D. Clark, the President and CEO of Royce Value Trust, Inc. (NYSE:RVT), has recently increased his stake in the company by purchasing shares valued at a total of $48,706. This transaction, which took place on March 21, 2024, involved buying 3,300 shares of common stock at a price of…
