(Reuters) -Equity Residential has agreed to acquire 11 apartment properties located in its expansion markets such as Atlanta and Denver from Blackstone for about $964 million, the companies said on Wednesday. The company will purchase the portfolio comprising of 3,572 apartment units in separate deals with Blackstone Real Estate strategies. The properties cater to a…
By Max A. Cherney SAN FRANCISCO (Reuters) – For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research…
By Ananya Mariam Rajesh (Reuters) – The summer Olympics is turning out to be a rare win for Nike as the global sporting event has helped boost demand for the sportswear giant’s new launches and edge out competition, website searches from research firm Similarweb showed. In the opening week of the Olympics, from July 26…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors avoided trendy short-dated equity options and looked to longer-tenor contracts for protection during a meltdown in U.S. stock earlier this week, exposing the limitations of so-called 0DTE options in guarding against sustained market gyrations, data showed. Traders have flocked to S&P 500 contracts with zero days…
