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Nvidia reclaims crown as world’s most valuable company as $1 trillion rally continues
Nvidia (NVDA) on Tuesday overtook Microsoft (MSFT) as the world’s most valuable company, with the AI chipmaker’s market capitalization of $3.444 trillion eclipsing the software giant’s $3.441 trillion. Nvidia stock has gained roughly 50% since hitting a 12-month low of just over $94 in early April, adding more than $1 trillion to the company’s…
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CrowdStrike Reports First Quarter Fiscal Year 2026 Financial Results
Net Income/Loss Attributable to CrowdStrike: GAAP net loss attributable to CrowdStrike was $110.2 million, compared to GAAP net income attributable to CrowdStrike of $42.8 million in the first quarter of fiscal 2025. GAAP net loss per share attributable to CrowdStrike, diluted, was $0.44, compared to GAAP net income per share attributable to CrowdStrike, diluted,…
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HealthEquity Reports First Quarter Ended April 30, 2025 Financial Results
HealthEquity, Inc. Highlights of the first quarter include: Revenue of $330.8 million, an increase of 15% compared to $287.6 million in Q1 FY25. Net income of $53.9 million, an increase of 87% compared to $28.8 million in Q1 FY25, with non-GAAP net income of $85.8 million, an increase of 22% compared to $70.3 million in Q1 FY25. Net income per…
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Colliers Structured Finance Group Provides $71M Fannie Mae Loan
Roundhouse, a Boise-based developer, and its partner Kennedy Wilson have secured a $71.42 million Fannie Mae loan to refinance the Oxbrow, a 268-unit luxury, garden-style apartment complex in Bozeman, Mont. Colliers’ Los Angeles-based Structured Finance Group (SFG) was the delegated underwriting and servicing (DUS) lender for the full-term, interest-only Fannie Mae loan, which carries a…
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Ohio Senate budget includes flat income tax rate
Ohio Senate lawmakers unveiled hundreds of amendments Tuesday afternoon to House Bill 96, the biennial state budget, which is due June 30.Among them, the GOP-majority Senate Finance Committee added a measure that would flatten the state income tax, transitioning down from the current two-bracket system to a flat rate for everybody at 2.75% by tax…
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Wall Street strategists see another 10% rally for the S&P 500 in 2025
After the S&P 500’s (^GSPC) feverish return to near-all-time highs, a growing crowd of Wall Street strategists argues that the benchmark index has more room to run higher. On Monday, Deutsche Bank chief global strategist Bankim Chadha boosted his year-end S&P 500 target to 6,550 from 6,150. Chadha had previously downgraded his target to…
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We’re Hearing Financial Crisis Talk Again
Many of us tune out such talk; after all, there have been many such forecasts in the past. Yet the long bond-dollar anomaly suggests this time really may be different. It’s certainly an issue worth another look. There’s a fair consensus that the reason for the foreign investors’ reassessment is U.S. policy changes. Start with…
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Audit & adjust your spending to reach your 2025 savings goals
00:00 Brad All week long on wealth, we’re conducting your mid-year financial checkup. If you’re one of the Americans who wanted to save more or spend less in 2025, you set this at the outset of the year as one of your goals. Well, guess what? This is your opportunity for a progress report. I’m…
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Mass. Rep. Ann-Margaret Ferrante, a Gloucester Democrat, dinged by campaign finance regulators
Campaign finance regulators dinged a top Beacon Hill budget writer for taking in excess donations from lobbyists and filing late expense reports with the state, according to a filing from last week.Rep. Ann-Margaret Ferrante, a Gloucester Democrat who serves as the vice chair of the House Ways and Means Committee, took in $1,025 in excess…
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Saluda Grade Expands Real Estate Investment Platform with Acquisition of Hillcrest Finance – Boston Real Estate Times
Kathleen “Kathy” Corton NEW YORK— Saluda Grade, a New York-based alternative investment firm specializing in asset-based finance with a focus on residential real estate, announced the acquisition of Hillcrest Finance (“Hillcrest”), a minority- and women-owned investment firm known for its expertise in commercial real estate (CRE). This acquisition marks a strategic expansion for Saluda…
