Author: Charlotte

Rexford Industrial Realty (NYSE:REXR) presented its first-quarter 2026 results on April 24, raising full-year guidance despite facing market headwinds, with strategic share repurchases and record leasing activity offsetting operational pressures in Southern California’s industrial real estate market. The company reported quarterly Core FFO per share of $0.61, representing a 1.6% decline year-over-year but beating internal forecasts by $0.01. More significantly, Rexford exceeded analyst expectations with earnings per share of $0.38—a 40.74% surprise over the $0.27 forecast—while revenue reached $245.08 million versus the anticipated $242.45 million. The stock responded positively, rising 3.88% in premarket trading to $37.74.Financial Performance HighlightsThe company’s Q1…

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

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Altcoins to watch this weekend are setting up for a concentrated volatility window. A major gala, a privacy coin consolidation, and a recent breakout showing distribution signals are converging across 48-72 hours.On-chain positioning, derivatives flow, and chart structure create specific decision points over the weekend. BeInCrypto analysts have identified 3 altcoins to watch this weekend, led by interesting reasons and chart setups.MemeCore (M)The first of this weekend’s altcoins to watch is MemeCore (M). On-chain investigator ZachXBT flagged roughly 90% insider supply concentration a few days back. Yet, the token has kept running despite the call-out. M printed a fresh all-time…

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Instacart cofounder Apoorva Mehta launched a hedge fund that relies on an army of artificial intelligence agents, one of the few using that technology to essentially replace fundamental portfolio managers.Thousands of bots scour the internet for trade ideas, conduct in-depth research, pick stocks to wager on and against, size bets and even execute trades. The 39-year-old entrepreneur started the firm, Abundance, last year with a small crew of quantitative researchers, engineers and AI experts who build and sustain AI models.While many hedge funds incorporate AI to support human traders, Palo Alto, California-based Abundance ultimately aims to have artificial intelligence run…

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2026-04-24 05:31:26 pm | Source: Accord Fintech HSBC Mutual Fund files offer document for RedHex Hybrid Long-Short Fund HSBC Mutual Fund has filed offer document with SEBI to launch an interval investment strategy named ‘RedHex Hybrid Long-Short Fund’ .The New Fund Offer price for units would be Rs 10 each during the NFO. Entry load will be nil. Exit load – If the Units are redeemed / switched-out on or before1 year from the date of allotment will be 2.00%;  If the Units are redeemed / switched-out after 1 year from the date of allotment it will be Nil. The…

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As a result of not just capitalist propaganda but the real failures of both forms of twentieth-century “real socialism,” a skepticism has grown about socialism’s future. Wouldn’t taking democratic control over a complex economy eventually boomerang into crisis, collapse into inefficiency, or harden into authoritarianism? To shake the grip of capitalist realism, what we need is to recover an alternative.Karl Marx spent enough of his life clashing with fanciful utopian socialists that he warned against “writing recipes for the cookshops of the future.” But today it is no longer enough to argue that an alternative to capitalism is politically desirable.…

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Major altcoins traded sideways on Friday after Trump ordered the Navy to fire on Iranian mine-laying boats.Crypto markets were relatively calm on Friday as the largest Deribit options settlement of the month cleared roughly $9.87 billion in notional exposure, with traders now turning their attention to next week’s Federal Reserve meeting and a renewed escalation in the Strait of Hormuz.BTC is changing hands at $78,088, up 0.8% on the day, 2.5% on the week, and 9% on the month. Ether trades at $2,316, flat on the day and down 2.3% over the week. Total crypto market capitalization stands at $2.68…

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“With the RM100, my daughter used it as capital to start a small dessert business during her semester break.” That was the heartfelt account of a mother on social media, detailing how her daughter turned the Sumbangan Asas Rahmah (SARA) RM100 cash aid into a modest but meaningful venture. The mother herself only paid for the packaging – the rest of the ingredients, from biscuits and condensed milk to cocoa powder, were bought using the government assistance. The story went viral, drawing praise and even offers of additional capital from fellow citizens who had received the aid but felt others…

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Washington state officials are concerned after a cryptocurrency scam cheated investors out of nearly $10 million. Regulators say a network of fake “investment foundations” used social media and messaging apps to trick people into high-stakes fraud between 2024 and 2025. The Washington State Department of Financial Institutions (DFI) says these groups, including one called Zenith Asset Tech Foundation, acted like legitimate schools. They ran ads on Facebook, Instagram, and LinkedIn promising free training and “AI signals” that could supposedly predict the best times to trade crypto, according to KOMO News. A $16 billion crisis as online fraud hits record highs…

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