da-kuk The artificial intelligence sector encompassed almost a third of all global venture capital funding, representing five out of six rounds in the second quarter, according to a DataTrek Morning Briefing. Overall global venture capital funding picked up in the second quarter, after the lowest two quarters since 2021. VentureContinue Reading
JamesBrey/E+ via Getty Images UMH Properties (NYSE:UMH) on Wednesday said it sold 105 homes, of which 35 were new home sales, during the second quarter. During Q2, it converted 144 new homes from inventory to revenue generating rental homes. UMH now owns about 10,100 rental homes with an occupancy rateContinue Reading
Manchester, United Kingdom, July 8th, 2024, Chainwire Rootstock sees record-breaking usage and an influx of new partners integrated into its network Rootstock, the first and longest-lasting sidechain, established itself as a leading blockchain these three months, with record-breaking transactions and the integration of several new dApps, bridges, and wallets. ThisContinue Reading
SusanWoodImages Restaurants stocks began the third quarter with another swing lower as investors stayed cautious ahead of the Q2 earnings reporting season. The AdvisorShares Restaurant ETF (NYSEARCA:EATZ) and the Dow Jones US Restaurants & Bars Index (DJUUSRU) were both down 1.6% in late afternoon trading. Analysts have warned that someContinue Reading
JHVEPhoto/iStock Editorial via Getty Images Wells Fargo added Kroger (NYSE:KR) to its Q3 Tactical Idea List. The firm said it likes the near-term setup for the grocery store stock. Analyst Edward Kelly and his team see strong potential for a beat-and-raise quarter for the grocery giant against what is saidContinue Reading
DNY59 Industrial Select Sector SPDR Fund ETF (NYSEARCA:XLI), which tracks the S&P Industrial sector, fell about 2.64% in the second quarter of 2024, compared to an 11.63% rise in the first quarter of the year. The industrial sector (SP500-20), which has an 8.5% weightage on the S&P 500, fell anotherContinue Reading
SlavkoSereda/iStock via Getty Images Crude oil futures closed the week and the month with gains as expectations rose for summer demand to continue the rally. Oil had tumbled to multi-month lows early in June when OPEC+ said it would start unwinding production cuts after September, then rallied on forecasts ofContinue Reading
Aajan/iStock via Getty Images UBS analysts highlighted the top contributors to EPS growth for the S&P 500 (SP500) during the second quarter. S&P 500 EPS is forecasted to grow 7.8% in the second quarter, assuming a typical pace of revisions and surprises, with growth finishing at 10.5-11%, analysts, headed byContinue Reading
