Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Fathom"


25 mentions found


More analysts are recommending "defensive" shares over AI plays as macro conditions change. With some questioning the AI rally, investors could benefit from non-tech growth companies, an analyst said. Similar to BofA's call, Morgan Stanley's Mike Wilson last week called the AI theme "overcooked" and said investors should shift to defensive shares. But in tune with what others had said, Diton also touted that utilities stocks as one meaningful investment to make right now. As bullish on AI as he may be, he warned that the market has become extremely concentrated in tech's leading names, and investors need to diversify.
Persons: , Morgan Stanley's Mike Wilson, Brad Conger, Hirtle Callaghan, Conger, Morgan Stanley's Wilson, Eric Diton, Diton Organizations: Service, Nvidia, P Global Semiconductor, Bank of America, Vanguard, JPMorgan, Wealth Alliance, Federal Reserve Locations: BlackRock
The medication, it took over, and we need to find Daddy right now.”Later, Perez asked for medical attention. She knows, because she was walking through all the blood.”Time and again they asked Perez to imagine what could have happened. “They picked me up, they read me my rights and my mind’s going, ‘What’s going on?’,” the elder Perez told CNN. The elder Perez told CNN the samples had been identified as coming from a male, but that was all. Harrell, whose office is counsel to the city of Fontana, asked CNN to return any video it had, unaired.
Persons: California CNN — Tom Perez, Perez, ” Perez, , Tom Perez, , “ Papa Tom ” —, Margo —, Margo, , That’s, , Joanna Piña, Cpl, Sheila Foley, Piña, ” Foley, Robert Miller, Miller, PEREZ, Fontana, David Janusz, Kyle Guthrie, Guthrie, Thomas —, Perez —, Janusz, berate Perez, Dolly Gee, ” Guthrie, “ Thomas, that’s, ” Janusz, Jeff Noble, . Miller, ” Noble, They’re, Mr, where’s, Perez’s, Carl Peraza, Peraza, Tom, ” Peraza, Police badgered Perez, , ’ Janusz, … You’re, Thomas, Thomas ’, you’re, Judge Gee, “ She’s, ” Tom Perez, Noble, — Perez, Father, Thomas Perez, Miranda, ‘ What’s, Papa Tom, Jerry Steering, he’d, they’ve, it’s, Shel Harrell, Harrell, ” Judge Gee, Ruben Duran, ” Duran, he’s, Fontana Guthrie, Michael Dorsey, Perez Jr, Dorsey, there’s, CNN it’s Organizations: Fontana, California CNN, CNN, Fontana Police Department, THE, US, ” Police, Police, that’s, Los Angeles International Airport, City of, City Locations: California, Fontana , California, Fontana, Los Angeles, Oakland , California, Northern California, City of Fontana, , United States
Thanks to some anthropomorphic emotions and a bad-mouthed, fourth-wall breaking antihero, the domestic summer box office scraped together $3.6 billion in ticket sales. Box office analysts and cinema owners braced themselves a few months ago for the possibility that the summer movie season could be the worst showing in a decade. But it wasn't until mid-June that the box office got a proper surge of moviegoers. Through Labor Day, the film was the highest-grossing summer movie with $650 million in box office receipts. Box office analysts foresee the summer's momentum carrying over into the fall, ultimately bolstering the overall third-quarter box office results.
Persons: Paul Dergarabedian, it's, Guy, George Miller's, Max, Disney's, Dergarabedian, Romulus, Eric Handler, Roth MKM, Shawn Robbins Organizations: Comscore, Labor, Marvel, Disney, Marvel Studios, Warner Bros, Deadpool, Universal, Fathom, Comcast, CNBC Locations: Kingdom, NBCUniversal
Courtesy Marian IppelHer lawsuit names as defendants the Grace Christian Reformed Church of Grand Rapids and affiliates, including the Christian Reformed Church in North America, a Protestant Calvinist Christian denomination also based in Grand Rapids. The Grace Christian Reformed Church did not immediately respond to requests for comment. “Recovered memory cases are difficult because you may need corroborating evidence, particularly when a child is very young,” Cadigan, who is not associated with Ippel’s case, said. The Christian Reformed Church in North America said it was unaware of any other complaints against the deacon, but said it investigates claims when people come forward. Abuse awarenessThe Christian Reformed Church, which counts about 230,000 followers in North America, has known of a history of abuse within its member churches, according to the suit.
Persons: Marian Ippel, ” Ippel, ” Marian Ippel, Ippel, Lynne Cadigan, ” Cadigan, , Marian, Ippel’s, Marian’s, , wasn’t, Megan Bonanni, Larry Nassar, ” Bonanni, John Wixted, Wixted, James Hopper, Cadigan, they’re Organizations: Kent County Circuit, NBC News, Grace Christian Reformed Church, Christian Reformed Church, Catholic, , Abuse Prevention, Catholic Church, University of California Locations: Grand Rapids , Michigan, Kent County, Grand Rapids, North America, Arizona, Guinea, Michigan, Manhattan Beach , California, San Diego
Courtesy Ken BakerDisplaced in the Camp Fire, Ken Baker plans to return to Paradise after his second home burned, too. The Camp Fire burned for weeks in November 2018, killing 85 people and destroying more than 13,500 homes. Daneau, Baker and Pero were part of the settlement with Pacific Gas & Electric Co., whose utility lines started the Camp Fire. Sylvia Baker Courtesy Ken BakerBaker, 59, is an Iraq War veteran who works for the Department of Veterans Affairs in Chico. When the quote jumped to $12,000, “it became unobtainable.”Kristy and Michael Daneau’s home in Cohasset, which burned down in the Park fire.
Persons: Ken Baker, ” Baker, Ken Baker Baker, Sylvia, , Sisyphus, Baker, Ken Baker's, Ken Baker “, Michael Daneau, Kristy, “ It’s, Rick Pero, Lisa Stone, ” Pero, CatMandu, Rick Pero “, Pero, Stone, Rick Pero manicured, Michael, Michael frantically, Daneau, ” Daneau, , we’re, ” Kristy, Kristy Daneau, Michael Daneau’s Cohasset, Kristy Daneau “, Sylvia Baker, Ken Baker “ You’ve, You’ve, Alex Wood, Wood, Michael Daneau’s, Daneau’s, don’t, can’t, he’s, humbling Organizations: NBC, Pacific Gas & Electric Co, Department of Veterans Affairs, GMC Sonoma Locations: Paradise , California, Cohasset, Paradise, California, Mexico, Chico , California, Chico, Daneau, Iraq, we’ll
Debris in the wake of Debby in Canisteo, N.Y.. Ann Farkas walks through her damaged home in Canisteo, New York, after Tropical Storm Debby swept through the area. Debby was downgraded to a tropical depression late Thursday afternoon and was a post-tropical cyclone on Friday, the National Hurricane Center said. There have been at least nine deaths related to Debby, most in vehicle accidents or from fallen trees. Jaqi Kincaid, hit by flooding last month in Lyndon, Vermont, said the previous storm knocked out her garage and well, so they have no water.
Persons: Debby, Woodhull, Craig Ruttle, Stephanie Waters, Timothy Martin, ” John Anderson, “ It’s, , Anderson, Cliff Moss, Stacey Urban, Urban, ” Urban, Ann Farkas, what’s, ” Farkas, Jack Wheeler, Fred, Kathy Hochul, Josh Shapiro, Randy Padfield, Bob Rossman, ” Rossman, , Rossman, Phil Scott, Hurricane Beryl, Joe Biden, Rick Dente, Jaqi Kincaid, ” Kincaid Organizations: Fire, Wellsville Sun, Tropical, New York Gov, Pennsylvania, Pennsylvania Emergency Management, National Guard, National Hurricane Center, Gov Locations: East, Florida, Canada, New York, Pennsylvania, New England, Quebec, Steuben County, Jasper, Addison, Canisteo, N.Y, Woodhull, Andover, Allegany County, Wellsville, Canisteo , New York, Tioga County, Padfield, Potter County, , In Ohio, Gulf Coast of Florida, South Carolina, Vermont, Lyndon, Hurricane, Dente’s, Barre , Vermont, Lyndon , Vermont
Despite a late push, she could not help her side finally overcome a USWNT in a gold medal match. After a cagey first half of today’s final, Swanson finally found space beyond the back line to break open a deadlocked match. It was a sequence worth of winning a gold medal and a fine way to mark a player’s 100th cap. But now, with a gold medal tucked under her arm, she definitely has the cachet to make whatever changes she wants. Hayes led the U.S. to its fifth Olympic gold medal.
Persons: Mallory Swanson, Korbin Albert, Swanson, Lorena, Marta, Ludmila, Seleção, Lindsey Horan, Alyssa Naeher, Jeff Rueter, Steph Yang, Sophia Smith, Trinity Rodman, Smith, Rodman, Carl Recine, Albert, IT'S MALLORY SWANSON, ike, oster, oots,, ince, ade, aris G ames., alf, hroughout, razil, inger, ong, unger, hape, hird, ames, ike H, J ane C ampbell, Organizations: U.S, women’s, Brazil, Triple, Getty, Portland Thorns, TEAM USA, FIRST, ust, aris G, eff Locations: U.S, Brazil, Brazilian, , jubilation, arta
CNN —Every day for two months, Michael Ofer Ziv spent hours watching grainy, black-and-white footage of the Gaza Strip from a tiny room across the border. CNN has reached out to the Israeli military for comment on his claims. Green said he felt his role was to protect the civilians who had been attacked on October 7 and thought the Israeli military would go in and target Hamas. Yuval Green‘Losing so much’Reservists who refuse to serve again, like Ofer Ziv and Green, could face serious consequences. Yuval GreenDespite the risks, both Green and Ofer Ziv are committed to their decision.
Persons: Michael Ofer Ziv, , Ofer Ziv’s, ” Michael Ofer Ziv, Ofer Ziv, ” Ofer Ziv, , Hatem Khaled, , Yuval Green, Green, … we’ve, Khan Younis, Yuval Green ‘, Michael Sfard, Sfard, ” Sfard, refuser, ” Yuval Green, he’s, , … we’re Organizations: CNN, Israel Defense Forces, IDF, Reuters, West Bank Locations: Gaza, Tel Aviv, Israel, Rafah, Khan,
Don’t Tell My Friends, But… is a seriesin which we asked Times columnistswhateveryone else is wrong about. The two concepts are so distinct within Christianity that they have different names — orthodoxy (right belief) and orthopraxy (right conduct). Right conduct should flow from right belief. The person who prioritizes orthodoxy says, “Hear my voice.” The person who prioritizes orthopraxy says, “Watch my life,” and the competing emphases can play out in concrete political ways. By contrast, the person who prioritizes orthopraxy has the opposite inclination.
Persons: Let’s, sears, , Donald Trump, They’re, orthopraxy, Robert Morris, United States —, Morris, Sybil Jordan Hampton, wouldn’t, Russell Moore’s, Moore, It’s, Paul Organizations: Southern Baptist Convention, Gateway, Evangelical America Locations: Southern, orthopraxy, Christianity, United States, Louisiana, Kentucky, Little Rock, Ireland
At a cryptocurrency convention in Austin in May, Blake Emerson Benthall hustled for investor money alongside scores of other entrepreneurs. But none of them, it is safe to say, could pitch their experience as the leader of a multimillion-dollar criminal drug enterprise. In the convention’s “Deal Flow Zone,” Mr. Benthall, 5-foot-4, cleanshaven and wearing a gray tee with his start-up’s logo, turned his laptop around at a lunch table and began giving his spiel to a bespectacled potential investor. “I’m a lifelong entrepreneur,” Mr. Benthall said as he clicked through a presentation that detailed how he had run Silk Road 2.0, the second iteration of the infamous online bazaar where 1.7 million anonymous customers signed up and used Bitcoin to buy methamphetamine, heroin and other illegal substances. and the years he spent in the punitive employ of the federal government.
Persons: Blake Emerson Benthall hustled, Mr, Benthall, “ I’m, ” Mr Locations: Austin
CNN —Paul Whelan, an American detained in Russia, told CNN he has “sympathy and empathy” for Evan Gershkovich following the conviction and sentencing of the Wall Street Journal reporter, but expressed hope that the development could open the door for a deal to secure both of their release. Whelan, who called CNN from his remote prison camp in Mordovia Friday, said he was able to watch a news broadcast about the sentencing. Secretary of State Antony Blinken said earlier Friday that the US government is working “quite literally every day” to bring Gershkovich and Whelan home. “Look, any effort to bring any American home is going to be part of a process of back-and-forth discussion, potentially negotiation. And I don’t think that’s dependent on an election in the United States or anywhere else,” he said.
Persons: CNN — Paul Whelan, , Evan Gershkovich, Whelan, , Evan, Trevor Reed, Brittney Griner, Gershkovich, ” Whelan, Antony Blinken, we’re, Paul Whelan, ” Blinken, Blinken Organizations: CNN, Wall Street Journal, US State Department, US, Aspen Security, they’ll Locations: Russia, Mordovia, Moscow, United States
Listening to the album's lead single, "Woman's World," I have to assume it's a portal to the past. In the music video for "Woman's World," Perry's visuals are clearly meant to be tongue-in-cheek. Five people are credited as songwriters for "What Makes a Woman," but none overlap with the six writers credited for "Woman's World." She wanted Dr. Luke and all the baggage he brings; all four other songwriters on "Woman's World" are Dr. Luke collaborators or signees. Perry's 'Woman's World' proves she's stuck in a sound of the pastSurely Perry knew she'd face backlash — and for what?
Persons: , Katy Perry, Rosie the, she's, indiscreet, It's, Perry, Dr, Luke, Perry's, Perry hadn't, Kesha, James Devaney, Luke countersued Kesha, he's, who's, Loctor Duke, Doja, Nicki Minaj's, Kim Petras, Perry isn't, Katy Perry's, Jack Antonoff, SG Lewis, Zedd, Katy, she'd, Hillary Clinton Organizations: Service, Business, New York, Court, Tyson Trax, Loctor, Capitol Records, Stone Locations: traipsing, Perry's, California
Meinert started going to food therapists at five years old, but it wasn't until she tried psilocybin — the psychedelic property in "magic" mushrooms — that she felt her symptoms fade. A lifelong struggle with foodDanielle Meinert eating Mexican food with ingredients that she used to find scary. Still, Meinert felt progress was agonizingly slow and involved "force-feeding" herself foods that scared her. An eating disorder treatment in 'magic' mushrooms? Unlocking motivation to do hard thingsDanielle Meinert happily eating a range of foods after her psilocybin session.
Persons: , Danielle Meinert, Meinert, ARFID, Michael Pollan's, Johns Hopkins, Natalie Gukasyan, Gukasyan, nervosa, I'd, you've Organizations: Service, Business, Columbia University Irving Medical Center
When the gymnastics superstar Simone Biles tumbles and dances her way through her third Olympics this month, the choreography she performs in her floor routine will be seen on hundreds of millions of screens around the world. The Biles effect has brought with it something unexpected for Milan at 51: success. When he turned to gymnastics choreography full-time, in 2017, he was in debt, having started a dance company that never took off, and still reeling from the psychological scars left by a tumultuous career in ballet. “I was furious with what I’d experienced in the dance world,” he said. “I loved the art form so much, but the behavior of the people I’d encountered in it disgusted me.”
Persons: Simone Biles tumbles, Grégory Milan, , Organizations: National Institute of Sport, French national, Milan Locations: Vincennes, Paris, Milan
At a time when the box office is starved for content and audiences seem pickier than ever, Fathom Events is posting record revenue gains. In 2023, Fathom generated $100 million at the box office, a 116% increase over 2019 levels and its highest-grossing year ever. "These audiences are getting to enjoy classic films, either for the first time or for the first time, in a new way. Last year, the film extended its release to five days and snared $7.1 million, making it the highest-grossing classic film release in Fathom history. "They worked out the licensing and they created the marketing behind re-releasing these classic films that, you know, we just can't do ourselves.
Persons: Cinemark, Andrea Bocelli, Paul Dergarabedian, Jesus, Brock Bagby, Jordan Hohman, Oz, Alfred Hitchcock's, Bagby, Fathom, Ray Nutt, Hohman Organizations: AMC, Hollywood's, Fathom, B, Phoenix Theatres, Ghibli, Dallas Locations: Comscore
Atlanta CNN —Larry Malinconico went to bed worried about President Joe Biden’s debate performance. “I’m extremely concerned,” Malinconico said just after the CNN debate Thursday night. She is still planning to vote Biden, but her reaction was also quite telling. “Why not allow Kennedy on stage,” he said of independent candidate Robert F. Kennedy Jr., who failed to meet the CNN debate criteria. — Trump supporters approved of his debate performance but there was no evidence in our group that he gained support.
Persons: Larry Malinconico, Joe Biden’s, “ I’m, ” Malinconico, , Biden, , Malinconico, , Pat Levin, Levin, Kamala Harris, Gavin Newsom, Biden –, “ Biden, ” Levin, ” Michael Pesce, Trump, ” Pesce, , Pesce, I’m, Davette Baker, Donald, Matt Vrahiotes, Vrahiotes, Kennedy, Robert F, Kennedy Jr, ’ ”, Antonio Munoz, – –, Christine Ngyuen, Anushka Jalistagi, — Trump, Kim Cavaliere, ” Ibrahim Ghazal, “ Trump, ” Ghazal, ” Linda Rooney, Rooney Organizations: Atlanta CNN, CNN, Trump, California Gov, Reagan Republican, Biden, Republicans, Democratic, Wayne State University, , of Michigan, College Democrats, , Hamas, Republican Locations: Northampton County , Pennsylvania, Northampton County, California, Bucks County, Philadelphia, Northampton, African American, Milwaukee, Hall County , Georgia, America, Vegas, Atlanta, Decatur, , Detroit, Palestinian, Israel
Tracking a Single Day at the National Domestic Violence Hotline
  + stars: | 2024-06-21 | by ( ) www.nytimes.com   time to read: +15 min
Tracking a Single Day at the National Domestic Violence Hotline They call from work, to avoid being overheard, or from home before someone returns. The legal battles have underscored the pervasiveness of domestic violence and the strains on existing support for survivors. To capture a snapshot of the experiences of domestic violence survivors, The New York Times observed some of the calls and messages the hotline received in one day. Congress approved creation of a national hotline dedicated to domestic violence in 1994, including it in the landmark Violence Against Women Act. Josie Slawik, who began working to support domestic violence survivors after she arrived at an El Paso shelter, was there when the hotline took its first call in 1996.
Persons: I’m, Spikes, , Isadora Kosofsky, , Katie Ray, Jones, , it’s, Jose Tobias, “ It’s, Mr, Tobias, Hannah Tucker, Josie Slawik, Slawik, ” Ms Organizations: National, Staff, The New York Times, New York Times, The Times, Young, Seattle, The New York, Research, Fifth Circuit, Appeals Locations: New Orleans, California, New York, New England, Texas, Latina, Austin , Texas, Michigan, Alabama, Mississippi, Louisiana, North Carolina, You’re, El Paso
Read previewThere are signs that Nvidia is adopting a defensive posture as competitors try to carve out a piece of the AI computing market it has dominated thus far. What does going on the defensive look like for a company with between 70% and 90% market share? Advertisement"Our sense is that investor expectations still haven't adjusted enough to the impacts the Blackwell launch will have on Nvidia competitors," the analysts wrote. The fast pace of new launches makes meaningful competition even harder to fathom according to Morgan Stanley. Morgan Stanley assessed that Broadcom is poised to gain market share while AMD's fate is less certain.
Persons: , Morgan Stanley, Jensen, Lisa Su, Blackwell, Huang, Emma Cosgrove Organizations: Service, Nvidia, Microsoft, Meta, Google, Business, Devices, AMD, Taiwan Semiconductor Manufacturing Corp, Broadcom Locations: Santa Clara , California, ecosgrove@businessinsider.com
Healthcare AI companies raised $2.8 billion in the first quarter of this year, according to the SVB report titled "The AI-powered Healthcare Experience." SVB projects funding to AI healthcare companies to total $11.1 billion in 2024. While healthcare AI startups might have it better, they're not out of the woods. Healthcare startups using AI for administrative tasks have grabbed $6.6 billion since 2021 and made up 42% of healthcare AI deals in the first quarter of this year, according to SVB. AdvertisementIn some cases, Big Tech companies are pushing healthcare startups forward.
Persons: , Raysa Bousleiman, they're, Siva Namasivayam, Galym, Bousleiman, Shiv Rao Abridge, Lynne Chou O'Keefe, Lightspeed's Imanbayev Organizations: Service, Silicon Valley Bank, Business, Big Tech, Abridge, Health, Lightspeed Venture Partners, Google, Fathom, Nvidia, Ventures, Technologies Locations: Cohere, Abridge, SVB .
Hogue was a senior web developer at a nonprofit called CharityEngine and an adjunct web developer professor at George Mason University in northern Virginia. In 2018, those businesses out-earned his full-time income: He made nearly $135,600. In retrospect, he could've done both sooner, he adds: The more time you dedicate to building passive income streams, the more money you can make. Now, Hogue makes $11,400 per week in mostly passive income, according to documents reviewed by Make It. Here's his advice on when to leave your full-time job in favor of a side hustle, and when it's smarter to stay.
Persons: Ryan Hogue's, hustles, Hogue, , CharityEngine Organizations: George Mason University, CNBC Locations: Virginia
Across the world, there are naturally occurring optical illusions that captivate spectators. Cloud formations can sometimes make it seem like there's an ocean or a UFO in the sky. Whether it is salt flats in Bolivia or rock formations in Arizona, nature never ceases to amaze. AdvertisementEveryone loves an optical illusion — even if they leave us completely stumped — and they're all around us in the natural world. From an underwater waterfall in the Indian Ocean to a surrealist scene in Namibia, we rounded up 18 naturally occurring illusions and optical phenomena that will make you double-take.
Persons: Organizations: Service, Business Locations: Bolivia, Arizona, Namibia
Before I lost 120 pounds, I could barely run a mile, let alone the length of a proper race. I'd always been heavy-set, but by the time I reached my early 30s in 2010, my weight was a big issue. My heaviest weight was 350 poundsHe told me that he'd had gastric sleeve surgery and never looked back. AdvertisementQuintano had gastric sleeve surgery in April 2023 Courtesy of Anthony QuintanoMeanwhile, I'd developed a blood clot in my leg. I started walking laps around my hospital room.
Persons: , Anthony Quintano, I'd, munch, Quintano, he'd, Anthony, you've, I've Organizations: Service, Business, KFC, Brooklyn, New York City Marathon Locations: Brooklyn, Maine, New Jersey, Central, New York
The American press, he writes in clear-eyed terms, “shouldn’t be neutral about upholding democracy” and must not “dispassionately observe our way to authoritarianism.”We spoke with Kristof over email for a Q&A about this and more. This is strange for a pundit to admit, but I think there’s too much punditry in journalism today and not enough reporting. … We journalists shouldn’t dispassionately observe our way to authoritarianism; we shouldn’t be neutral about upholding democracy.” Do you believe your colleagues in the press are as clear-eyed about this as you are? I believe that journalism — along with law and the civil service — restrained the Trump presidency and is a force for civilization and democracy. He believed it and I believe it, and that is why I say that journalism is an act of hope.
Persons: Nicholas Kristof, , Kristof, Gray Lady, Donald Trump, , James Bond, scoff, I’ve, That’s, It’s, I’m, we’re, aren’t, it’s, William Safire, shouldn’t, Joe McCarthy, Edward R, Murrow, McCarthy, Martin Luther King Jr, George Wallace, Jim Crow, Trump, Joe Kahn, — that’s, Will, Let’s, Organizations: New York CNN, New York Times, The New York Times, Times, Trump, Endowment, Arts, CNN, State Security, State, Locations: New York, Congo, Iraq, Syria, Aleppo, America, Washington, China, , Oregon, U.S, Gaza, Russia
Opinion: Why Apple’s iPad ad hit such a nerve
  + stars: | 2024-05-10 | by ( Opinion Bill Carter | ) edition.cnn.com   time to read: +4 min
Actors, directors, writers and academics expressed outrage at the Apple ad. I liked the sarcasm of screenwriter Ed Solomon’s post on X: “Who needs human life and everything in life that makes it worth living? Sincerely, Apple.”That was not the message Apple intended to convey, was it? Join us on Twitter and FacebookGiven that ongoing uncertainty and trepidation, the Apple ad is not merely tone deaf, it’s stone deaf. 1 hit (perhaps not the greatest example of human creativity, but still) that plays over images of paint cans exploding and musical instruments splintering to dust.
Persons: Bill Carter, Apple, Sonny, Cher, Bill Carter Bill Carter, Tor, , “ We’ve, Tim Cook, Pete Townsend, Ed Solomon’s, creatives, Organizations: The New York Times, CNN, HBO, Apple, Tech, Twitter, Facebook
Investors in Blackstone's real-estate fund asked for their money back in droves — more than $15 billion to date. Unless the real-estate market comes roaring back, analysts warn, BREIT could end up shrinking to a fraction of its current size, leaving the fund's investors holding the bag. Only 3% of BREIT's holdings are in office buildings, which have been ground zero for commercial real estate pain. Advertisement"Not all real estate is created equal," BREIT boasted in a recent letter to stockholders, "and where you invest matters." "Commercial real estate is a slow burn," Brian Moynihan, the CEO of Bank of America, recently observed.
Persons: Blackstone, , BREIT, REITs, Steve Schwarzman, Jeenah, Nate Koppikar, Craig McCann, BREIT's, Chilton, ​ ​ McCann, McCann, Horacio Villalobos, That's, Donald Trump, Robert Chang, Schwarzman, Michael Blackshire, Phil Bak, Stephen Schwarzman, Shannon Stapleton, Brian Moynihan, it's, It's Organizations: BREIT, Orso Partners, Securities Exchange Commission, Blackstone, SEC, Chilton Capital Management, SLCG Economics Consulting, Publicly, University of California, Regents, Armada Investors, Reuters, Bank of America Locations: BREIT, Lisbon, Fideres
Total: 25