Tech Earnings Begin Quickly. Anticipate A lot of Scarcity Discuss.

Tech Earnings Start Soon. Expect Lots of Shortage Talk.

Text size Wall Street estimates for Apple could come down by the time the company reports earnings on Oct. 28. But any selloff in the stock is likely to be a buying opportunity. Jeenah Moon/Bloomberg The fall tech earnings season is upon us, and this time, the story is all about the sum of the … Read more

Tech Moguls Again GoodLeap’s Inexperienced Housing Push With $12 Billion Valuation

Tech Moguls Back GoodLeap’s Green Housing Push With $12 Billion Valuation

Americans are going to need at least $450 billion to turn their homes green in coming years, says entrepreneur Hayes Barnard, and he wants to get it to them. Mr. Barnard, a former top executive at SolarCity Corp., raised more than $1 billion in the past 10 months from tech investing luminaries like Michael Dell … Read more

The Day – One Avalonia Land Conservancy land deal in Preston canceled; company explores different properties

The Day - Offshore wind partners ink deal for use of turbine installation vessel in New London

Preston — A proposal by Avalonia Land Conservancy to purchase and preserve land off Lewis and Rude roads has fallen through, but the land group continues to explore other possible land preservation efforts in the town. Avalonia officials said this week that the agency could not finalize an agreement with two property owners on boundaries and … Read more

Inventory Market At present: Tech Shares Tumble as U.S. Political Pressures Weigh

Stock Market Today: Tech Stocks Tumble as U.S. Political Pressures Weigh

Text size Investors were given another update in the China Evergrande saga Monday. Getty Images The stock market was falling on Monday, as U.S. political friction damped investor sentiment. Several risks remain in October, which can be a historically rough month for stocks. In morning trading, the Dow Jones Industrial Average was down 203 points, … Read more

Amazon buys huge Milpitas campus as tech titan widens buying spree

Amazon buys big Milpitas campus as tech titan widens shopping spree

MILPITAS — Amazon has widened its shopping spree for Bay Area properties with the purchase of a big office and research campus in Milpitas that could provide fresh expansion space for the tech titan. The e-commerce behemoth has bought a 29-acre with several office and research buildings near the corner of South Milpitas Boulevard and … Read more

Blackstone Promoting Vegas On line casino, Agency’s Most Worthwhile Property Deal

Blackstone Selling Vegas Casino, Firm’s Most Profitable Property Deal

Blackstone Inc. has reached an agreement to sell the Cosmopolitan casino and hotel on the Las Vegas Strip for $5.65 billion, the company said on Monday, and told investors in a private letter that the sale is the company’s most profitable of a single asset ever. Blackstone acquired the two-tower property for about $1.8 billion … Read more

Large Tech Firms Amass Property Holdings Throughout Covid-19 Pandemic

Big Tech Companies Amass Property Holdings During Covid-19 Pandemic

The biggest U.S. companies are sitting on record piles of cash. They are getting paid next to nothing for holding it, and they are running out of ways to spend it. So they are buying a lot of commercial real estate. Google’s announcement last week that it would purchase a Manhattan office building for $2.1 … Read more

How the dean of valuation costs loss-making tech shares — and his views on Amazon, Netflix and Airbnb

How the dean of valuation prices loss-making tech stocks — and his views on Amazon, Netflix and Airbnb

It feels like almost every new company, particularly in the technology space, that is coming to market is loss making. “Most of the old-time metrics we use, price-to-earnings, price to book, EV to EBITDA, were designed for mature companies,” says Aswath Damodaran, the professor of finance at New York University’s Stern School of Business who’s … Read more

Des Plaines council backs tax deal for Higgins Street complicated

Des Plaines council backs tax deal for Higgins Road complex

The company that owns land being eyed for a five-story hotel on Des Plaines’ southeast side is slated to receive a significant property-tax discount as an incentive to build. The city council on Monday formally supported reducing the assessment rate for the 5.75-acre site at 1700 W. Higgins Road, which includes the 1700 Higgins Centre … Read more

Des Plaines council approves tax deal for Higgins Street complicated

Des Plaines council approves tax deal for Higgins Road complex

The company that owns land being eyed for a five-story hotel on Des Plaines’ southeast side is slated to receive a significant property-tax discount as an incentive to build. The city council on Monday recommended a reduction in the assessment rate for the 5.75-acre site at 1700 W. Higgins Road, which includes the 1700 Higgins … Read more