Expedia stock soars on recent quarter
CNBC’s Contessa Brewer breaks down the latest earnings from Expedia.
Sri Lanka’s Vegas moment? Melco’s casino targets Indian tourists
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Melco’s City of Dreams Sri Lanka, South Asia’s first integrated casino resort, is targeting Indian tourists with luxury experiences beyond Colombo’s beaches. Gihan Cooray, Deputy Chairman of John Keells Holdings, says that the potential from Indian travelers is vast and waiting to … Read more
How to know if a travel credit card with an annual fee is worth it
Oleksandra Yagello | Moment | Getty Images As some popular travel credit cards boost annual fees and amend benefits, experts say it’s time to reassess which cards — if any — merit a spot in your wallet. “Annual fees are not inherently bad; you just need to make sure that you’re getting value from [the … Read more
A vast bubble around a dying star is too big to comprehend
The bubble of gas around the red supergiant DFK 52 ALMA/Mark Siebert et al. 2025 A dying star is expelling a vast sphere of dust and gas around it that is about half as wide as our solar system. Astronomers are at a loss to explain it, as there is no known mechanism that could … Read more
Opendoor Q2 earnings report, CEO thanks new investors in meme craze
With Opendoor shares up almost fivefold since the beginning of July and trading volumes hitting record levels, CEO Carrie Wheeler thanked investors for their “enthusiasm” on Tuesday’s earnings call. “I want to acknowledge the great deal of interest in Opendoor lately and that we’re grateful for it,” Wheeler said, even as the stock sank more … Read more
Real estate Cohen & Steers increases exposure to China, Hong Kong
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jon Cheigh of Cohen & Steers has increased exposure to China as they see fundamentals bottoming. He also says most developed markets have gone through yield curve repricing and that valuations have reset. 02:13 Wed, Aug 6 20253:10 AM EDT
Hong Kong retail tenants adapting to changing spending patterns: Fortune REIT
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Justina Chiu, CEO of Fortune REIT discusses the factors impacting recent rental reversions for the neighborhood mall owner, saying that she is seeing an improvement in the macro economic environment. 05:52 Wed, Aug 6 20254:09 AM EDT
What the end of Energy Star could mean for commercial real estate
An Energy Star sign on a building. Lynne Gilbert | Moment Mobile | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors … Read more
More companies are monitoring, enforcing office attendance
Maskot | Digitalvision | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight … Read more
Indian real estate developer Sri Lotus goes for luxury over volume
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Anand Pandit, Chairman of Sri Lotus Developers and Realty, says they don’t intend to enter the mass market as luxury housing is their niche. He adds there is growing demand at the high-end. 04:37 Fri, Aug 8 20253:19 AM EDT