Ernest S. Rady, Executive Chairman of American Assets Trust (NYSE:AAT), has bought another batch of shares of the company as the business is in the midst of a 27% one-year price gain. On June 15, 2026, executed an open-market purchase of 10,000 shares at around $24.21 per share, as disclosed in the SEC Form 4…
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. For generations, being middle class meant believing that hard work would eventually pay off with financial security. Today, many Americans feel they’ve held up their end of the bargain, but this promised security never arrived. Researchers call these people…
What happened: Allbirds (BIRD) stock is up more than 30% on Wednesday as it continues its pivot from a sustainable sneaker business to an artificial intelligence company. What’s behind the move: The company announced a name change to Smartbird on Wednesday and tapped former Amazon Web Services executive Nadia Carlsten as CEO, who also joined…
Amend-and-extend loan volume jumped to $25.4 billion in May, a high for any month since June 2024, according to LCD. May’s amend-and-extend activity came via 19 transactions, up from 18 transactions (for $13.6 billion) in April. Nearly $79 billion of volume this year is up from roughly $68 billion through the first five months of…
For SpaceX IPO investors, the thrill ride has been IMAX-worthy. On IPO day, SpaceX stock (SPCX) opened at $150 and climbed past $160. Another near-20% gain the following Monday saw Elon Musk’s spaceflight, satellite communications, and AI company achieve a high orbit of $192.50. By its third trading day, SpaceX surpassed Amazon to become the…
Summary The major indices took a break on Tuesday, following three days of strong returns. Perhaps more accurately, the semiconductor stocks took a break. So even with some rotation into Financials (XLF, +1.5%) and Utilities (XLU) and Industrials (XLI), which both rose +0.7%, it wasn’t enough for a fourth day of overall gains. Technology (XLK)…
Santos has appointed Kate Vidgen as an independent non-executive director, effective June 17, 2026, as the Australian energy producer continues to strengthen its board with executives experienced in energy, finance, and infrastructure. Vidgen succeeds Yasmin Allen, who retired from the board in February, and brings more than three decades of experience spanning energy, resources, infrastructure,…
Coinbase Global Inc. (NASDAQ: $COIN) is preparing to bring tokenized U.S. stocks onto its platform, expanding beyond crypto trading as exchanges race to move traditional equities onto blockchain rails. The company said the product will offer one-for-one backed tokenized stocks tied to underlying U.S. equities, allowing eligible users to own, trade, hold and redeem shares…
Bitcoin ETF – Coins In this episode of Behind the Ticker, Brad Roth, CIO of Thor Financial Technologies, talks with Mike Willis, Co-Founder and CEO of Cyber Hornet ETFs about how he became a Bitcoiner, crypto and bitcoin investing, proxy voting, the Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF (BBB), and more. Prefer…
Private equity dealmakers chasing software deals have found themselves running into a wall: Industry linchpins that had long been their go-to lenders for financing have gone quiet. The pullback from software lending, triggered by the threat of AI’s ability to upend businesses, spans across the private credit market, but some big managers have been particularly…
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