Venture capital firm Westcap has taken a stake in Fit Foods, a major Canadian producer of sports supplements, signaling strong investor confidence in the growing health and performance nutrition sector.
Despite a recent stock pullback, Elastic N.V. (ESTC) is showcasing robust financial performance and strategic momentum in the AI-search era, driven by cloud expansion and enterprise adoption.
Rosenblatt Securities reaffirms a Buy rating on Elastic N.V. (ESTC), citing the company's strategic positioning to capitalize on enterprise AI adoption and platform consolidation, even as it trims its price target to $110 ahead of quarterly results.
Average pump prices in New York state climbed slightly to $2.88 per gallon, continuing a recent upward trend while staying marginally above the national figure, according to federal energy data.
Elastic NV reports robust quarterly results and unveils new AI-powered search tools, yet its stock performance lags. Analysts see a significant gap between its current price and estimated fair value, raising questions about market sentiment versus fundamentals.
In New York, the definition of 'middle class' is stretched thin by soaring costs. We break down the income numbers and the harsh financial realities behind them.
As Whole Foods opens its 13th Connecticut store in Cheshire, parent company Amazon is scaling back its other grocery formats, highlighting a strategic shift in its brick-and-mortar food retail ambitions.
Year-end real estate data confirms a historic shift: Miami has overtaken New York City for the highest number of luxury property listings, signaling a broader migration of wealth and redefining the American luxury market landscape.
Saks Off 5th is closing the majority of its stores, including two in New York's Lower Hudson Valley, as parent company Saks Global Enterprises pivots to focus on its core luxury retail business. The move follows recent leadership changes and a major financial restructuring.
Despite fluctuating oil revenues, Abu Dhabi's BlueFive Capital has closed a massive $3 billion fund targeting AI and biotech in Western markets, signaling the Gulf's sustained financial clout and strategic pivot towards high-growth technology sectors.
A sweeping analysis of 364 U.S. counties reveals renters are dedicating a staggering portion of their income to housing, with coastal regions facing the sharpest pinch. The data underscores a widening affordability gap even as home price growth outpaces rents in most markets.
While unprofitable companies carry significant risks of cash burn and dilution, discerning investors can find potential amid the peril. We analyze one firm with a path to leadership and two others where the road to profitability looks increasingly rocky.
A new analysis from the New York Independent System Operator (NYISO) links volatile natural gas markets directly to rising consumer electricity costs. With gas fueling half of New York's power generation, increased demand and export levels are set to keep pressure on household budgets.
