

It's even better when these generous REITs boast exceptional dividend growth. Remember, REITs are an especially attractive option for income-seeking investors because they are legally required to distribute at least 90% of their taxable earnings back to shareholders. And one of the best places to find healthy yields is in real estate investment trusts (REITs). Given that backdrop, investors should know that dividend stocks offer a powerful way to mitigate the effects of red-hot inflation. "But continuing large wage increases at many businesses are likely to keep upward pressure on most prices for some time to come." And even if inflation continues to trend lower, it will take awhile to bring prices back down to a sustainable level. "There is some evidence that food prices may be moderating after a year's worth of large monthly increases," says Kiplinger economist David Payne. Prices eased back slightly in July, but it's likely that inflation is not done yet. Next week, Wall Street will get the latest reading on inflation data, with the consumer price index (CPI) for August set for release ahead of the Sept. Financial terms were not disclosed, though we are skeptical that the partnership will drive meaningful revenue or profit contribution." "The two companies will collaborate on new ecommerce and online marketing initiatives, with GameStop beginning to carry FTX gift cards in select stores as its preferred retail partner in the U.S. "At a high level, the partnership will introduce more GameStop customers to FTX's community and its marketplaces for digital assets," says Wedbush analyst Michael Pachter, who has an Underperform (Sell) rating on GME.

While GME reported lower year-over-year sales and a wider per-share loss in its second quarter, it unveiled a partnership with crypto exchange FTX. GameStop ( GME) rose 7.5% after the video game retailer reported earnings.As such, we give management the benefit of the doubt here." "Nonetheless, we think the company has done a good job executing, showing daily active user growth of 85% since 2018 to date and growing revenue 3x from 2018 through 2022 estimates. "We recognize this could be an internal stretch goal and the company is in a show-me mode given macro uncertainty," Walmsley writes in a note to clients. JeopardyLabs has over 10000 games on roblox. UBS Global Research analyst Lloyd Walmsley (Buy) said he is "encouraged" by the targets. Roblox is an online multiplayer video game co-founded by David Baszucki and Erik Cassel. According to the article, the internal memo to employees detailed SNAP's plans to grow Snapchat's user base by 30% to 450 million and increase revenue to $6 billion by the end of 2023. Snap ( SNAP) stock jumped 9.4%, building on Wednesday's 6.4% gain, after a report in The Verge detailed a leaked memo from the social media company's CEO Evan Spiegel.(Bitcoin trades 24 hours a day prices reported here are as of 4 p.m.)

Gold futures fell 0.4% to finish at $1,720.20 an ounce.crude futures gained nearly 2% to end at $83.54 per barrel.
