Truist’s REITS outlook for 2025, upgrades several stocks

Investing.com — Truist Securities maintained a neutral outlook on real estate investment trusts for 2025, factoring improving fundamentals but impact of long-term interest rates and tight yield spreads. It forecasts a 10% total return for the sector, with 4.5% and 6.3% average funds from operations growth in 2025 and 2026, respectively. Truist upgraded CubeSmart (NYSE:CUBE), Elme…

Read More

Oil output, exports drove Guyana economy’s growth of 43.6% in 2024

By Kemol King and Marianna Parraga GEORGETOWN (Reuters) – Guyana’s economy achieved its fifth-consecutive year of double-digit growth in 2024, expanding 43.6% as oil production and exports showed solid increases, Finance Minister Ashni Singh told the parliament on Friday. Latin America’s newest oil producer last year became the region’s fifth-largest crude exporter after Brazil, Mexico,…

Read More

FTC flags potential antitrust risks in big tech, AI partnerships

“Investing.com — Partnerships between major cloud service providers like Microsoft Corporation (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), and Amazon.com Inc (NASDAQ:AMZN) and AI developers such as OpenAI and Anthropic could potentially impact market competition and access to key resources, the Federal Trade Commission’s Office of Technology staff said in a report released Friday. “The partnerships provide CSP partners certain…

Read More

Democratic senator urges Delta Air, DraftKings to halt in-flight gaming partnership

WASHINGTON (Reuters) – Democratic Senator Richard Blumenthal on Friday urged Delta Air Lines (NYSE:DAL) and DraftKings (NASDAQ:DKNG) to halt a partnership to offer in-flight gaming to passengers. Blumenthal sent letters to the companies noting a 1962 law outlaws gambling on commercial aircraft. “This partnership seems to be aimed at enticing the flying public … to…

Read More

Lawsuit challenges Biden-backed mental health benefits rule

By Jonathan Stempel (Reuters) – A new lawsuit by a trade group for employers seeks to void a Biden administration-backed federal rule intended to help ensure that the estimated 175 million Americans with private health insurance have access to affordable mental health services. The “parity” rule, which became final in September, was aimed at ensuring…

Read More