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Take a look at some of the biggest movers in the premarket: Adobe (ADBE) – Adobe reported quarterly profit of $3.03 per share, 21 cents a share above estimates. The software company’s revenue also topped Wall Street forecasts and Adobe gave stronger-than-expected current-quarter guidance. Its shares rose 3.1% in premarket trading. Smith & Wesson (SWBI)
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In terms of price potential, Bitcoin (BTC) is staring at the possibility of outperforming Ether (ETH) in the short term. So believes David Lifshitz, the chief investment officer at ExoAlpha, a Paris-based investment management service, who noted that Bitcoin’s upside potential in the near-term is higher than that of Ethereum. He said so after spotting a
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Train stations make great hotels, as it turns out. The latest case in point, Central Station Hotel in Memphis, Tennessee, opened as a hotel in October 2019, after a 22-month renovation. With 123 rooms and an appropriately music-oriented décor, it is located in the thriving South Main District, near the National Civil Rights Museum, Beale
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Founder and CEO, Visual Lease. Real estate leases can serve as key strategic assets for companies, presenting opportunities to improve the execution of a business strategy while also creating operational efficiencies. But leases also present risks. Without close attention to them, you can lose the situs of your business, cause disruptions in operations and lose money
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Foreign purchasers have long comprised a large share of home buyers in South Florida. But this year, they are being outnumbered by California and Northeast U.S. transplants, who viewed the pandemic as a catalyst to relocate from their dense urban areas and high-tax states. The result? Record-low inventory levels of single-family homes in South Florida,
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Legacy At Vail Square in Lionshead Village is much more than a premier luxury condominium development on prime Vail real estate. The late Bob Lazier, one of Vail Valley’s pioneer developers and a much-loved community and business leader, began the project in 2006. Lazier was a prolific developer. His Vail projects included The Cornice, Wedel
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CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, Diana Olick breaks down how lumber costs are weighing on homebuilders’ confidence levels. Plus, CNBC.com’s Natalie Zhang explains why teens are benefiting from widespread job openings and higher wages. Also on today’s show. Homebuilder sentiment drops to 10-month low, as construction
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