RioCan Real Estate Investment Trust Announces May 2025 Distribution
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TORONTO — RioCan Real Estate Investment Trust ('RioCan') (TSX: REI.UN) today announced a distribution of 9.65 cents per unit for the month of May. The distribution will be payable on June 6, 2025, to unitholders of record as at May 30, 2025.
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About RioCan
RioCan is one of Canada's largest real estate investment trusts. RioCan owns, manages and develops retail-focused, mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at March 31, 2025, our portfolio is comprised of 177 properties with an aggregate net leasable area of approximately 32 million square feet (at RioCan's interest). To learn more about us, please visit www.riocan.com.
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Canada Standard
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PM Modi, PM Carney hold meeting, countries to see early return of High Commissioners to capitals: MEA
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Globe and Mail
an hour ago
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This AI Stock Is Up 268% This Year and Crushing Nvidia's Returns (Hint: It's Not Palantir)
Artificial intelligence (AI) investors love Nvidia. One stock has crushed its returns in the last few months: CoreWeave (NASDAQ: CRWV). The stock in the AI-focused cloud computing provider (and large Nvidia customer) is up 268% since its initial public offering (IPO) in late March, while Nvidia stock is flat year to date as of June 15. Investors are falling in love with the rapid growth at CoreWeave and its huge growth projections when it comes to AI and the cloud. Are you missing out by not owning CoreWeave stock to play the AI boom? Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Rapid stock appreciation after IPO CoreWeave stock has gone up and to the right since its initial public offering (IPO). This is common among popular IPO stocks, as they generally have a low publicly traded float -- meaning the amount of shares you can buy and sell each day -- before its lock-up period ends for insiders. 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Strong guidance, but heavy cash burn Guidance calls for major growth in the future. In 2025 alone, CoreWeave is expecting to spend at least $20 billion on capital expenditures, or around 4 times its revenue estimates for the year. This means the company is laying out a huge amount of capital ahead of expected future demand as it hopes to capture more and more cloud spending related to AI. Being a global cloud provider is expensive. You have to spend billions of dollars ahead of time to build data centers, getting returns steadily in the future as your customers pay for computing capacity. All this aggressive spending will lead to huge cash burn. CoreWeave had negative free cash flow of $1.35 billion in the first quarter of 2025. This burn is expected to accelerate in the upcoming quarters given management's guidance for capital expenditures. For 2025, $5 billion in revenue vs. $20 billion in capital expenditures means at least a $15 billion free cash burn, and that is before considering any overhead costs. This will require a lot of capital raising, as the company has well under $5 billion in cash on the balance sheet. Management will likely need to take out more debt and sell more shares of its common stock in order to get the cash needed for these capital expenditures. It will not be cheap. Should you buy CoreWeave stock? Bulls may argue that CoreWeave is the future of cloud computing, one of the largest industries in the world that has brought riches to Amazon, Microsoft, and Alphabet shareholders. It has fast-growing revenue, a large backlog, and is one of the hottest stocks out there. However, at a market cap of $70 billion, I think CoreWeave stock is too richly valued for investors at the moment, and would lean to side with any bears who are hesitant to buy the stock today. 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Globe and Mail
an hour ago
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The Best Trillion-Dollar Stock to Buy Right Now? Wall Street Has a Clear Answer for Investors.
Ten public companies have achieved a market value exceeding $1 trillion as of June 16. They are listed below in descending order based on upside implied by the median target price set by Wall Street analysts. Nvidia (NASDAQ: NVDA) has a median target price of $175 per share. That implies 21% upside from its current share price of $145. Apple has median target price of $235 per share. That implies 18% upside from its current share price of $198. Broadcom has a median target price of $290 per share. That implies 15% upside from its current share price of $252. Alphabet has a median target price of $200 per share. That implies 13% upside from its current share price of $177. Amazon has a median target price of $240 per share. That implies 11% upside from its current share price of $216. Microsoft has a median target price of $510 per share. That implies 6% upside from its current share price of $479. Taiwan Semiconductor Manufacturing has a median target price of $225 per share. That implies 4% upside from its current share price of $216. Berkshire Hathaway has a median target price of $490 per share. That implies 0% upside from its current share price of $490. Meta Platforms has a median target price of $700 per share. That implies less than 1% downside from its current share price of $702. Tesla has a median target price of $306 per share. That implies 7% downside from its current share price of $329. Wall Street clearly sees Nvidia as the best trillion-dollar stock to buy right now. Here's what investors should know about the chipmaker. Nvidia is a market leader in AI chips and networking gear Nvidia is the market leader in data center graphics processing units (GPUs), chips used to accelerate artificial intelligence (AI) training and inference tasks. The company is also the market leader in InfiniBand networking equipment, the leading connectivity technology for back-end AI networks. Importantly, Nvidia has struggled with two headwinds throughout the year. First, Chinese start-up DeepSeek developed sophisticated large language models using fewer GPUs than U.S. competitors, causing investors to worry demand would decline. Second, the Trump administration restricted the export of H20 GPUs built for the Chinese market, effectively preventing Nvidia from operating in the country. Nvidia more or less put the first concern to rest with impressive first-quarter financial results that exceeded expectations on the top and bottom lines. Revenue increased 69% to $44 billion due to what CEO Jensen Huang characterized as "incredibly strong" demand for Nvidia AI infrastructure. And non-GAAP (adjusted) net income jumped 33% to $0.81 per diluted share. However, while first-quarter results show robust demand, export controls still hurt Nvidia. The company took a $4.5 billion charge due to excess H20 inventory, and adjusted earnings would have increased 57% to $0.96 per diluted share had the Trump administration not imposed new restrictions. Huang also said the company will miss out on $8 billion in sales in the July-ending quarter. Nevertheless, Morgan Stanley believes the downside related to export restrictions is fully priced into the stock and that Nvidia will eventually be able to participate in the Chinese market to some degree. "China is entirely derisked, at least for direct shipments, and we are optimistic that there will be some path to monetize at least a portion of that demand," analysts wrote in a recent note. Grand View Research estimates the data center GPU market will expand at 28.5% annually through 2030, while spending across AI hardware, software, and services increases at 35.9% annually during the same period. Nvidia is exceptionally well positioned to benefit from that explosive growth. Nvidia stock trades at a reasonable price Wall Street expects Nvidia's adjusted earnings to increase at 40% annually through the fiscal year ending January 2027. That makes the current valuation of 45 times adjusted earnings look reasonable, especially when Nvidia beat the consensus estimate by an average of 4% in the last six quarters. As a caveat, the semiconductor industry is cyclical, meaning Nvidia's sales tend to ebb and flow as companies intermittently invest in chips and other data center infrastructure. For instance, revenue growth could slow toward the beginning of fiscal 2027 as the company ramps up production of its next-generation Rubin GPU (slated to launch in the second half of next year). However, investors should also bear in mind that Nvidia has a substantial opportunity in its often overlooked automotive and robotics segment, which currently accounts for less than 2% of total sales. Generative AI has been in the spotlight since ChatGPT launched in late 2022, but Huang says the "ChatGPT moment" for autonomous cars and robots is right around the corner. Importantly, Nvidia has three computing platforms that address those markets: data center infrastructure to train models, a simulation engine to test those models, and embedded systems that handle on-board computing. Also, the company provides software tools that help developers build the necessary applications. Here's the bottom line: Nvidia enjoys a leadership position in a quickly growing market, and shares trade at a reasonable valuation. The stock price may be volatile over relatively short periods (i.e., months) due to the cyclical nature of the industry, but Nvidia still has a long runway for growth as the physical AI (autonomous cars and robots) market takes shape. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,821!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $886,880!* Now, it's worth noting Stock Advisor 's total average return is791% — a market-crushing outperformance compared to174%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Trevor Jennewine has positions in Amazon, Nvidia, and Tesla. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Berkshire Hathaway, Meta Platforms, Microsoft, Nvidia, Taiwan Semiconductor Manufacturing, and Tesla. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
