Latest news with #financialdistrict
Yahoo
4 hours ago
- Business
- Yahoo
Two Prime Announces $20 Million Equity Investment Led by Marathon Digital Holdings (MARA)
Marathon Digital Holdings, Inc. (NASDAQ:MARA) is one of the top bitcoin mining stocks to buy amid bitcoin hike. On July 15, Two Prime announced a $20 million equity investment led by Marathon Digital Holdings, Inc. (NASDAQ:MARA), bolstering the existing relationship between the two companies. MARA Holdings (MARA) Soars 13.4% on Higher Bitcoin Mining Target An aerial view of a bustling financial district, with skyscrapers and a large financial institution in the city center. Two Prime is an SEC-registered investment advisor and institutional lender and has total assets under management worth around $1.75 billion. The investment round also includes additional participation from Susquehanna Crypto. In addition, it builds on Marathon Digital Holdings, Inc.'s (NASDAQ:MARA) previously announced allocation, increasing it from 500 BTC to 2,000 BTC, into Two Prime's institutional yield strategies. The transaction also formalizes Marathon Digital Holdings, Inc.'s (NASDAQ:MARA) equity stake in Two Prime. It marks a notable growth-stage investment with Two Prime scaling its institutional offerings. Alexander Blume, CEO of Two Prime, stated that with bitcoin becoming a significant part of corporate and sovereign balance sheets, institutions are reassessing ways of deploying it strategically. In this backdrop, Marathon Digital Holdings, Inc.'s (NASDAQ:MARA) investment highlights 'a broader shift toward active, yield-focused bitcoin strategies that meet institutional standards,' making it a 'long-term alignment around vision, risk management, and innovation.' Marathon Digital Holdings, Inc. (NASDAQ:MARA) is a digital asset technology company that mines cryptocurrencies with a focus on the Bitcoin ecosystem. The company also operates bitcoin mining facilities or data centers, offers advisory and consulting services to support bitcoin mining ventures in international and domestic jurisdictions, generates electricity from renewable energy sources to power bitcoin mining, and sells proprietary software or technology to third parties in the bitcoin ecosystem. While we acknowledge the potential of MARA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Bloomberg
7 days ago
- Business
- Bloomberg
Secretive Family Behind Tetra Pak Bets $9 Billion on Stocks
By Updated on Save A mysterious entity based in the heart of Singapore's financial district emerged as the biggest shareholder in International Flavors & Fragrances Inc. nine years ago. It turned out that the owner was the Rausing family, which hails from Sweden and made a fortune from Tetra Pak cartons. It's now also clear that the stake was one of the first public disclosures about how the media-shy clan deploys its billions.
Bloomberg
7 days ago
- Business
- Bloomberg
Secretive Tetra Pak Family Quietly Pours $9 Billion Into Stocks
A mysterious entity based in the heart of Singapore's financial district emerged as the biggest shareholder in International Flavors & Fragrances Inc. nine years ago. It turned out that the owner was the Rausing family, which hails from Sweden and made a fortune from Tetra Pak cartons. It's now also clear that the stake was one of the first public disclosures about how the media-shy clan deploys its billions.
Yahoo
13-07-2025
- Business
- Yahoo
Can Realty Income Corporation (O) Deliver Consistent Passive Income in 2025?
Realty Income Corporation (NYSE:O) is included among the 10 Best Passive Income Stocks to Buy Now. An aerial view of a bustling financial district, showing the strength of financial institutions. Realty Income Corporation (NYSE:O) is an American real estate investment trust company. It is among the best dividend stocks for passive income as the company distributes its payouts monthly. On July 8, the company declared a monthly dividend of $0.269 per share, which fell in line with its previous dividend. Overall, it has raised its payouts 131 times since its inception three decades ago. Moreover, the company has paid 661 consecutive monthly dividends to shareholders. The stock has a dividend yield of 5.67%, as of July 10. Realty Income Corporation (NYSE:O) generates stable and reliable rental income from a diverse portfolio that includes retail, industrial, gaming, and data center properties. Over 90% of its rental revenue comes from sectors that tend to be resilient during economic downturns or less impacted by the rise of e-commerce. The company typically leases its properties to financially sound tenants on a net lease basis through long-term contracts that often include annual rent escalations, helping to drive steady income growth. As of mid-2025, Realty Income Corporation (NYSE:O) maintains a prudent dividend payout ratio below 75% and has one of the strongest balance sheets in the REIT sector, with a leverage ratio of 5.4x. This solid financial footing enables the company to continue expanding its portfolio with income-producing assets. While we acknowledge the potential of O as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
CTV News
11-07-2025
- Business
- CTV News
Here's a quick glance at unemployment rates for June, by province
The CN Tower and Union Station are pictured in the financial district in Toronto, Friday, Sept. 8, 2023. THE CANADIAN PRESS/Andrew Lahodynskyj OTTAWA — Canada's national unemployment rate was 6.9 per cent in June. Here are the jobless rates last month by province (numbers from the previous month in brackets): Newfoundland and Labrador 9.9 per cent (9.7) Prince Edward Island 8.6 per cent (8.2) Nova Scotia 6.7 per cent (6.5) New Brunswick 7.3 per cent (6.3) Quebec 6.3 per cent (5.8) Ontario 7.8 per cent (7.9) Manitoba 5.5 per cent (5.9) Saskatchewan 4.9 per cent (4.2) Alberta 6.8 per cent (7.4) British Columbia 5.6 per cent (6.4) --- This report by The Canadian Press was first published July 11, 2025.
