(Reuters) - Blackstone (NYSE:BX) has raised $8 billion in its most recent real estate debt fund, the world’s largest alternative asset manager said on Friday, a sign that the property sector is seeing a recovery after a couple of tumultuous years.The fund - Blackstone Real Estate Debt Strategies V - will be active in North America, Europe and Australia and make loans and buy existing loans, acco ...
By Kanchana Chakravarty and Arsheeya Bajwa(Reuters) -Broadcom’s shares rose 6% on Friday as the semiconductor maker’s strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector-wide selloff following rival Marvell (NASDAQ:MRVL) Technology’s bleak outlook.The rosy forecast from Broadcom (NASDAQ:AVGO) - the biggest supplier of custom AI chips to Big Tech - ...
Investing.com -- Deutsche Bank initiated coverage of the U.S. transportation sector with a selective approach, highlighting heightened risks from trade policies and tariffs. The bank’s analysts assigned a Buy rating to FedEx (NYSE:FDX) and a Hold rating to UPS in a note Friday, citing diverging near-term financial trajectories for the two parcel delivery giants.Deutsche Bank is bullish ...
Investing.com -- The Canadian stock market was volatile on Friday, as investors gauged President Donald Trump’s tariff policies and February’s U.S. and Canada jobs reports came in.By 12:50 ET, S&P/TSX 60 index was up by 3 points, or 0.2%. The S&P/TSX Composite was up 56 points, or 0.23%. Throughout the day, the indexes have fluctuated between -0.5% and +0.5%.On Friday, U.S. president D ...