Blackstone Inc. bought a luxury resort in California’s Napa Valley, extending a bet that booming demand for artificial intelligence will translate into real estate profits in San Francisco and the surrounding region. Blackstone acquired Stanly Ranch , a luxury resort that is part of the Auberge Collection, at auction on March 27, after the previous owners defaulted on a $220 million loan. Blacksto...
Blackstone Inc. bought a luxury resort in California’s Napa Valley, extending a bet that booming demand for artificial intelligence will translate into real estate profits in San Francisco and the surrounding region. Blackstone acquired Stanly Ranch , a luxury resort that is part of the Auberge Collection, at auction on March 27, after the previous owners defaulted on a $220 million loan. Blackstone had previously acquired a loan on the property and proceeded with a planned foreclosure, according to a person with knowledge of the matter. The acquisition is Blackstone’s latest effort to purchase commercial property poised to benefit from the rapid growth of AI firms in the San Francisco Bay area. Last year, it acquired the Four Seasons Hotel San Francisco as well as a 25-story office building that it subsequently leased in its entirety to Anthropic. Read More: Blackstone Bets on San Francisco Comeback With Luxury Hotel Deal The Napa resort “is well-positioned to benefit from rising group and leisure demand for wellness and experiential travel, alongside the continued growth in corporate travel to the region as AI adoption accelerates,” Scott Trebilco, senior managing director at Blackstone Real Estate, said in a statement. Stanly Ranch, which was developed by Nichols Partnership and Selby Development Group, opened in 2022 on more than 700 acres (280 hectares) in California wine country with 135 guest rooms as well as villas and vineyard homes for sale. The property, which includes three outdoor pools and 19,000 square feet (1,800 square meters) of meeting space, will continue to be managed by Auberge. Blackstone has recently been a prolific purchaser of hotels, including the EAST Miami Hotel , the Sunseeker Resort in Port Charlotte, Florida, and the Kimpton Hotel Eventi in New York.
Mohamad Faizal Bin Ramli/iStock via Getty Images Despite elevated political and economic uncertainty, returns were meaningfully positive across most asset classes during the quarter. Fund performance Institutional Class shares of Columbia Short Duration Municipal Bond Fund returned 0.63% for the three months ending December 31, 2025. For monthly performance information, please check online at colu...
Mohamad Faizal Bin Ramli/iStock via Getty Images Despite elevated political and economic uncertainty, returns were meaningfully positive across most asset classes during the quarter. Fund performance Institutional Class shares of Columbia Short Duration Municipal Bond Fund returned 0.63% for the three months ending December 31, 2025. For monthly performance information, please check online at columbiathreadneedleus.com . The fund's benchmark, the Bloomberg 1-5 Year Municipal Bond Index, returned 0.47% for the same period. The fund outperformed its benchmark, with exposure to bonds longer than its benchmark and positive yield carry the primary drivers. Market overview Elevated political uncertainty was front and center during the quarter, with the end of the longest-ever federal government shutdown. The shutdown disrupted economic data flow and added uncertainty to interest-rate expectations and risk markets. In addition, concerns about U.S. Federal Reserve independence escalated, due to political criticism of Chair Powell and speculation about his successor, and contributed to long-end interest-rate instability. Elevated tariffs and a weakening employment picture continued to pressure inflation and complicate the Fed's policy path. The Fed continued its rate-cutting cycle with two reductions of 25 basis points (BPs) in the federal funds rate during the quarter. (A basis point is 1/100 of one percent.) The 175 bps in cuts since September 2024 left the rate in the 3.50%–3.75% range at year-end. Returns were meaningfully positive across all asset classes during the quarter, with the S&P 500 Index returning 2.66%, the Russell 2000 Index rising 2.19%, the MSCI ACWI (ex US) Index up 5.05%, the Bloomberg US Treasury Index returning 0.90% and the Bloomberg Municipal Bond Index up 1.56%. Treasury yields were mixed during the quarter: lower by 14 bps in the 2-year space, flat in 5- and 10-year bonds and higher by 11 bps in 30-year issues, with the 10-year yield ending the qua...
Over the last five weeks, Wall Street has reminded investors that stocks can move in both directions. Although record-closing highs for Wall Street's major stock indexes -- the Dow Jones Industrial Average (DJINDICES: ^DJI) , S&P 500 (SNPINDEX: ^GSPC) , and Nasdaq Composite (NASDAQINDEX: ^IXIC) -- have become commonplace since the 2022 bear market ended, pullbacks, corrections, and even bear marke...
Over the last five weeks, Wall Street has reminded investors that stocks can move in both directions. Although record-closing highs for Wall Street's major stock indexes -- the Dow Jones Industrial Average (DJINDICES: ^DJI) , S&P 500 (SNPINDEX: ^GSPC) , and Nasdaq Composite (NASDAQINDEX: ^IXIC) -- have become commonplace since the 2022 bear market ended, pullbacks, corrections, and even bear markets are normal, healthy, and inevitable aspects of the investing cycle. Uncertainty surrounding the Iran war, which began on Feb. 28, has weighed down the S&P 500 and officially sent the Dow Jones Industrial Average and Nasdaq Composite into full-blown corrections . As of the closing bell on March 27, the Dow was down 10% from its record-closing high, while the Nasdaq was off 12.6%. Image source: Getty Images. Continue reading
It was January 2008, and Steve Jobs had just pulled the MacBook Air out of a manila envelope onstage at Macworld. Within minutes, Windows PC executives everywhere lost their minds. They grabbed the nearest office envelope, tried to shove in their plastic laptops, and tore straight through the paper. Engineers were summoned. Assistants were dispatched for larger envelopes. Okay, I have no proof tha...
It was January 2008, and Steve Jobs had just pulled the MacBook Air out of a manila envelope onstage at Macworld. Within minutes, Windows PC executives everywhere lost their minds. They grabbed the nearest office envelope, tried to shove in their plastic laptops, and tore straight through the paper. Engineers were summoned. Assistants were dispatched for larger envelopes. Okay, I have no proof that happened. But we all know what did happen next: imitation. Years of it. Apple's history books all hail the iPod. The iPhone. The iPad. And then, somewhere between a sidebar and a footnote, the MacBook Air. But without the Air, the modern lapt … Read the full story at The Verge.
It's 1989. To play a video, listen to a song, or show photos on a desktop computer requires bolting on expensive hardware, built by a different company, using different software. There are no standards, no portability, no sharing. Tyler Peppel, Apple product marketer : It should have been a natural area for Apple to be in, but we had nothing. Apple's CEO John Sculley told me, "We need to get into ...
It's 1989. To play a video, listen to a song, or show photos on a desktop computer requires bolting on expensive hardware, built by a different company, using different software. There are no standards, no portability, no sharing. Tyler Peppel, Apple product marketer : It should have been a natural area for Apple to be in, but we had nothing. Apple's CEO John Sculley told me, "We need to get into this," but of course, it wasn't that easy. John Worthington, audio engineer : There were people inside the company who said, "No one's ever going to listen to music or watch videos on a computer. Ever." A dozen people at Apple changed that. They h … Read the full story at The Verge.
Fifty years ago, on April 1st, 1976, Apple Computer Company was founded. Today it’s one of the most valuable companies in the world, celebrated for producing ubiquitous products like the iPad and iPhone to now- nostalgia bait like the iPod Mini and PowerBook. Over the last five decades, the company has seen ups and downs but ultimately has left its mark on almost every part of our relationship wit...
Fifty years ago, on April 1st, 1976, Apple Computer Company was founded. Today it’s one of the most valuable companies in the world, celebrated for producing ubiquitous products like the iPad and iPhone to now- nostalgia bait like the iPod Mini and PowerBook. Over the last five decades, the company has seen ups and downs but ultimately has left its mark on almost every part of our relationship with tech and culture, from entertainment to fitness to accessibility . In this package, The Verge looks back at the impact of the tech giant over the last five decades — from the triumphs and failures of the Jobs eras to its current incarnation as an antitrust juggernaut. We reminisce about some of our favorite products and take a walk down memory lane to look back at some of The Verge ’s earliest Apple coverage. (Plus, we’re community ranking our 50 favorite Apple products — join in !) Apple @ 50 Steve Jobs and the greatest run of products in tech history For $200 more, you can get a MacBook Air Rank the 50 best Apple products Here’s how to rank the 50 best Apple products ever Apple II Forever! The mad dash to build the future of multimedia The origin story of Apple’s long-running relationship with FoxConn The Macintosh changed computers forever Apple’s long, bitter App Store antitrust war Verge retrospective A photo history of Frog, the company that designed the original Mac Apple Watch: the definitive review Lisa’s Final Act: how Apple invented its future by burying its past 40 years of Apple history with Walt Mossberg How the iPhone won over Japan and gave the world emoji iPhone 4S review The walls of Apple’s garden are tumbling down iPad Pro review The Mac turns 40 — and keeps on moving Apple iPad (2017) review: the best feature is the price Apple AirPods review: wireless that wows, earbuds that don’t How Apple changed the world again: the App Store turns five Apple Vision Pro review: magic, until it’s not Apple Intelligence is here, but it still has a lot to learn The i...
Jeffs’ Brands Ltd (Nasdaq: JFBR, JFBRW) on Monday said it has changed its corporate name to Nexera Technologies Ltd , reflecting a shift toward advanced technologies and homeland security solutions. The company said its shares are expected to begin trading on the Nasdaq Capital Market under the ticker “NEXR” from March 31, replacing “JFBR,” while its warrants will trade under “NEXRW”. The name cha...
Jeffs’ Brands Ltd (Nasdaq: JFBR, JFBRW) on Monday said it has changed its corporate name to Nexera Technologies Ltd , reflecting a shift toward advanced technologies and homeland security solutions. The company said its shares are expected to begin trading on the Nasdaq Capital Market under the ticker “NEXR” from March 31, replacing “JFBR,” while its warrants will trade under “NEXRW”. The name change took effect on March 26 and does not affect shareholder rights or existing shares, the company said. JFBR +24.54% premarket to $2.74. Source: Press Release More on Jeffs’ Brands Jeffs’ Brands says KeepZone AI strikes distribution deal with Assac Networks Jeffs’ Brands unit signs reseller deal for AI threat detection solution in Mexico Financial information for Jeffs’ Brands
A 47% Gap Just Opened Between Price and Target Micron Technology (NASDAQ: MU) is trading at $357.22, while the Wall Street consensus price target sits at $527.60. That gap of roughly 47% demands a clear-eyed look at what created it and whether it represents real opportunity or a warning sign dressed up as a bargain. ... Wall Street Sees Plenty of Upside in Micron Despite the Recent Dip
A 47% Gap Just Opened Between Price and Target Micron Technology (NASDAQ: MU) is trading at $357.22, while the Wall Street consensus price target sits at $527.60. That gap of roughly 47% demands a clear-eyed look at what created it and whether it represents real opportunity or a warning sign dressed up as a bargain. ... Wall Street Sees Plenty of Upside in Micron Despite the Recent Dip
Richard Drury/DigitalVision via Getty Images The S&P 500 ( SPX ) is down roughly 7% from its January 27 all-time high. Unsurprisingly, the media is full of “red” headlines discussing the seemingly “endless” correction we are in. Unsurprisingly, previously complacent investors are now anxious, as nothing seems to be working. But that index-level headline conceals something far more alarming: stock ...
Richard Drury/DigitalVision via Getty Images The S&P 500 ( SPX ) is down roughly 7% from its January 27 all-time high. Unsurprisingly, the media is full of “red” headlines discussing the seemingly “endless” correction we are in. Unsurprisingly, previously complacent investors are now anxious, as nothing seems to be working. But that index-level headline conceals something far more alarming: stock market breadth has collapsed. According to Morgan Stanley, approximately 42% of S&P 500 members are already down 20% or more from their 52-week highs. More than 200 companies are in their own private bear markets, even as the index itself is not. This was a point we noted in this past weekend’s Bull Bear Report: “J.P. Morgan captured the paradox: the S&P 500 is down only ~9% despite oil rising 70% and the Fed shifting from pricing two cuts to a 50% probability of a hike, and software falling 20%. As we noted recently , a much larger correction is underway in the market.” While “times have been tough lately,” this is not a new phenomenon. Stock market breadth deterioration almost always precedes index-level damage, not the other way around. On March 9th, we noted in Technical Deterioration: Risk Management Is Key : “More importantly, the RSI exhibited a textbook bearish divergence at the all-time high: price made a new peak, but momentum did not confirm. We repeatedly discussed that divergence was the earliest signal of the distribution phase now unfolding. With the RSI not in oversold territory below 30, there is room for more pressure before a technical bounce becomes probable.” Here is an updated chart showing that previous divergence. Along with waning stock market breadth, relative strength is now in oversold territory. What’s unusual today is the degree of divergence between individual stocks and the cap-weighted index. When a handful of stocks carry enough weight to paper over widespread internal damage, investors holding diversified portfolios feel the pain long befo...
Alexey_Arz/iStock via Getty Images The Middle East war rages on. The Houthis have entered the fray, and there is risk that they shut the Bab El-Mandeb Strait. Aluminum and steel facilities have been reportedly attacked. The US continues to amass forces, including troops, ostensibly for a potential landing operation. There seem to be two "logics" playing out. One is that the US is keeping its milit...
Alexey_Arz/iStock via Getty Images The Middle East war rages on. The Houthis have entered the fray, and there is risk that they shut the Bab El-Mandeb Strait. Aluminum and steel facilities have been reportedly attacked. The US continues to amass forces, including troops, ostensibly for a potential landing operation. There seem to be two "logics" playing out. One is that the US is keeping its military options open to pressure negotiations. Second, if there is a reasonable chance for regime chance, infrastructure can be preserved, but in lieu of regime chance, Iran’s capability will be downgraded. The risk-off mood is evident in the foreign exchange market, where the dollar ( DXY ) is bid. The notable exception is the Japanese yen. The market had pushed the greenback above the JPY160 psychological level ahead of the weekend. It opened firmer, but Japanese officials ratcheted up their verbal warnings and the market took heed. The dollar pulled back to around JPY159.50 in European dealing. North American participants may see this as a new dollar buying opportunity. Prices G10 • The euro fell for the fourth consecutive session before the weekend. It slipped a little through $1.15. Today, it probed last Monday’s low near $1.1485. Resistance is now seen around $1.1520. The low since the Middle East war began was around $1.1410 on March 13. • The yen fell to its lowest level in almost two years before the weekend. After several attempts, the dollar rose above JPY160 for the first time since July 2024 and reached JPY160.40. It edged slightly higher earlier today. It has been knocked back to almost JPY159.50 by heightened intervention threats by the Vice Minister for International Affairs Mimura, and the record from the BOJ’s recent meeting in which a greater usual rate hike was discussed. In comments to the Diet, Governor Ueda also showed concern about the recent developments. The pre-weekend low was near JPY159.45. A break of the JPY159.30 area could see JPY159, but we susp...
Border Czar: ICE To Assist At Airports Until They Are 100%, TSA Pay Coming This Week Authored by Tom Gantert via The Epoch Times (emphasis ours), White House border czar Tom Homan said on March 29 that ICE agents will be used to help out at airports as long as necessary and noted that Transportation Security Administration (TSA) agents should receive a paycheck by March 30 or March 31. Jason Henry...
Border Czar: ICE To Assist At Airports Until They Are 100%, TSA Pay Coming This Week Authored by Tom Gantert via The Epoch Times (emphasis ours), White House border czar Tom Homan said on March 29 that ICE agents will be used to help out at airports as long as necessary and noted that Transportation Security Administration (TSA) agents should receive a paycheck by March 30 or March 31. Jason Henry for The New York Times Homan said U.S. Immigration and Customs Enforcement agents would help with security until airports feel they are back at 100 percent. “ We’ll be there as long as they need us, until they get back to normal operations and feel like those airports are secure ,” Homan said in a CBS interview. He confirmed an earlier statement by the Department of Homeland Security (DHS) that TSA agents would be paid, possibly as soon as March 30. “ It’s good news because these TSA officers are struggling; they can’t feed their families or pay their rent ,” Homan told CNN. “We’re talking about the Department of Homeland Security in a time we have a heightened threat posture in this country because of what is going on in the world. This should be the last thing they are fighting over funding for.” CNN’s Jake Tapper tried to force Tom Homan into committing whether ICE agents would leave airports now that TSA has been ordered to be paid. Homan refused to take the bait — instead, he laid out exactly how ICE is keeping airports secure. TAPPER: “Once TSA agents start getting… pic.twitter.com/IZIful2SZa — Overton (@overton_news) March 29, 2026 The partial shutdown of the DHS began Feb. 14, which is when funding stopped. The White House rapid response account on X stated on March 18 that some small airports could close due to the shutdown . The White House stated that more than 30 percent of the TSA workers in New Orleans, Atlanta, Houston, and New York City had called in sick. Media reports have shown long lines at airports across the country. CNN reported mid-afternoon on Marc...