Money

The Adidas office club transforning Manhattan buildings

Published

3 years ago

July 24, 2023

Adidas is spending big to transform unused office space in iconic areas into top-tier training clubs.

The sprawling Starrett-Lehigh Building on the West Side is embracing the fitness trend with the upcoming launch of the Adidas-branded 601 Athletic Club, spanning an impressive 15,000 square feet.

The new facility will be added to the existing 100,000 square feet of tenant and public amenities, which already include Marcus Samuelson’s renowned restaurant, Hav + Mar, the recently opened Olly Olly Food Hall, and a public art and event space that recently hosted a Basquiat exhibition.

The 601 Athletic Club will be equipped with top-of-the-line Peloton equipment and will offer exclusive programming, including yoga and pilates classes, a walking club, and “no-cooking” cooking classes.

As part of the Starrett-Lehigh Building, a 1931 landmark featuring a stunning industrial-modernist design, the addition of the 601 Athletic Club enhances its allure as one of the city’s largest commercial buildings, encompassing an impressive 2.3 million square feet.

Among its prominent office tenants are Ralph Lauren, McGarry Bowen, Fashionphile, and Wheels Up. Currently 73% leased with additional deals in the pipeline, the building’s success under RXR’s ownership since 2011 has seen asking rents rise significantly from $30 to $70 per square foot.

Money

RBA rate shock: ASX200, Gold and Crypto market

RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.

Published

10 hours ago

February 10, 2026

Harvey Vargas

RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.

The RBA’s latest interest rate decision has sent ripples through the ASX200 and AUD, leaving investors weighing what comes next. We break down how these changes could affect global equities ahead of this week’s crucial non-farm payroll and consumer price index releases.

Zoran Kresovic from Blueberry Markets shares his analysis on the rebound in gold and silver after recent market turbulence, and what factors could drive further gains or sell-offs in the commodities market.

We also dive into the current state of cryptocurrencies, exploring how investors can navigate volatility and what to watch as economic data continues to shape market sentiment.

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#RBA #ASX200 #GoldMarket #SilverRebound #CryptoUpdate #InvestingTips #MarketVolatility #EconomicOutlook

Money

Dow hits record while tech stocks drive market gains

S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.

Published

11 hours ago

February 10, 2026

Harvey Vargas

S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.

The S&P 500 rose 0.7% on Monday, powered by gains in technology stocks, while the Dow Jones Industrial Average hit new heights. Investors are eagerly awaiting crucial economic reports this week.

Nvidia and Broadcom were among the standout performers, climbing 3% and 4% respectively, continuing the momentum from the previous session. The market rebound comes after significant losses earlier last week, with the Dow exceeding 50,000 for the first time ever on Friday.

Investors now turn their attention to the delayed January jobs report from the Bureau of Labor Statistics, due Wednesday, and the consumer price index for January, expected Friday with a 2.5% annual rise.

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Money

Tech stocks slide as investors rotate into small-cap and value plays

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

Published

1 day ago

February 9, 2026

Harvey Vargas

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

U.S. equity markets wrapped up a turbulent week with mixed results. The Nasdaq Composite fell 1.84%, marking its worst week for large-cap technology stocks since November, while the S&P 500 remained largely unchanged. Investors are weighing concerns about artificial intelligence and potential overinvestment in high-growth areas.

Meanwhile, smaller-cap and value-oriented stocks continued to add to their year-to-date gains. Market participants rotated into cyclical sectors that had lagged, reflecting a shift in investor sentiment and appetite for risk outside the traditional tech heavyweights.

Analysts say this rotation highlights the broader market’s evolving dynamics, as growth concerns collide with opportunities in underappreciated areas. Stay tuned for further developments as the market digests these trends.

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