Today, we revisit one of the most specialized REITs. Rexford Industrial Realty, Inc. (NYSE: REXR ) is an industrial REIT with a portfolio of assets located exclusively in Southern California. The past several years haveAnalyst’s Disclosure:I/we have a beneficial long position in the shares of REXR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no busin ...

In this articleDISWMTCMSFTPGAMZNLayoffs are illustrated by an oversized pair of scissors, that looms over seven workers sitting in office chairs suspended by strings.Mathisworks | Digitalvision Vectors | Getty ImagesWhile Elon Musk has ended his government cost-cutting initiative that resulted in thousands of federal job cuts, mass layoffs are still roiling corporate America.Companies are under increasing pressure to trim costs against the backdrop of global economic uncertainty brought on by President Dona ...

Key Takeaways PGR's Personal Lines PIF rose 18% in Q1, fueling a 20% jump in net premiums written. Growth was driven by new applications, higher ad spend, and enhanced agent partnerships. April PIF rose 17%, with 35.5M in Personal Lines and 1.1M in Commercial Lines.Progressive Corporation’s (PGR) policies-in-force (“PIF”) is an important growth indicator, reflecting the total number of active insurance policies across its various business segments.  PIF has been exhibiting steady growth over the years, pa ...

Nebius Group (NASDAQ: NBIS ) just announced that it is raising $1.0B in convertible notes to support its growth strategy in the AI market. Nebius also reported strong first-quarter results last month that showed growing momentum in its core business ofAnalyst’s Disclosure:I/we have a beneficial long position in the shares of NVDA, NBIS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other th ...

Few investors have even heard of Serve Robotics Inc. ((SERV), yet the coming weeks could push this micro-cap onto every AI and robotics watch-list. Spun out of Uber Technologies ((UBER) in 2021, the company’s bright-blue sidewalk robots have already logged tens of thousands of autonomous deliveries, but the real inflection point is just ahead. Management has begun a nationwide roll-out with Uber Eats, most recently adding the Dallas–Fort Worth metroplex, and is racing toward a contractual goal of deploying ...

NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of West Pharmaceutical Services, Inc. (NYSE: WST) between February 16, 2023 and February 12, 2025, both dates inclusive (the “Class Period”), of the important July 7, 2025 lead plaintiff deadline. SO WHAT: If you purchased West common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fe ...

Group 1 - Costco's shares fell by 3.9% after reporting May comparable sales that were slightly below estimates [1][4] - In May, Costco's comparable sales increased by 4.3%, or 6% when adjusted for fuel prices and foreign exchange, which was lower than the growth rate of 5.8% for the first 39 weeks of the fiscal year [4] - Overall revenue for the four-week period ending June 1 rose by 6.8%, but this was just below the expected adjusted comparable-sales growth of 6.2% [4][5] Group 2 - Wells Fargo noted that despite the slight miss in sales, Costco continues to perform well but has a high valuation, maintaining an equal weight rating with a price target of $1,000 [5] - Costco's current price-to-earnings ratio is 57, indicating high expectations are already factored into the stock price [7] - The market's reaction to a moderation in growth rates suggests that any further disappointing numbers could lead to additional declines in the stock price [6][7]

M&T Bank, Galesi Group forge expanded partnership to fuel Mohawk Harbor's emergence as an entertainment destination SCHENECTADY, N.Y., June 5, 2025 /PRNewswire/ -- M&T Bank (NYSE:MTB) and the Galesi Group have launched a major partnership that will expand their collaborative efforts to accelerate and sustain the revitalization of Schenectady's Mohawk Harbor. Under their agreement, M&T Bank has secured the exclusive naming rights to the new state-of the-art events venue that Galesi Group is building in the h ...

Shares of CoreWeave (CRWV -16.97%) are falling on Thursday, down 16.2% as of 2:13 p.m. ET. The large drop comes as the S&P 500 (^GSPC -0.15%) and the Nasdaq Composite (^IXIC -0.47%) fell by 0.3% and 0.1%, respectively.CoreWeave stock's sharp drop isn't really being driven by specific news from today; rather, it's a retreat from the stock's recent massive run-up. The stock was up nearly 50% this week before today's fall after the company announced several catalysts.CoreWeave inks a key dealCoreWeave, which p ...

Key Takeaways UiPath leads in RPA with strengths in task mining, workflow orchestration, and process optimization. PATH gains momentum from alliances with Microsoft, Amazon, and Salesforce across enterprise ecosystems. UiPath boasts 110-115% net retention and rising earnings estimates amid a growing automation market.UiPath, Inc. (PATH) continues to be a dominant force in the rapidly growing Robotic Process Automation (RPA) market, which QKS Group projects will reach a valuation of $7.9 billion by 2030, w ...