Part of the explanation for why so few users will need to verify their age is that Discord already uses an internal “age determination” system that looks at “how long your account has existed, whether you have a payment method on file, what types of servers you’re in, and general patterns of account activity.”

The companies that sell groceries, cigarettes and household products were mostly unscathed by Monday’s selloff. Stocks like Mondelez International, the company behind Oreos and Ritz crackers, and Procter & Gamble were among the top performers in the S&P 500.

Market expert, Jonathan Schiessl from Westminster Asset Management shared insights on the ongoing rotation in global markets and how it is shaping investment strategies in India. He highlighted that while headline indices in the US remain near all-time highs, there is significant underlying rotation. Investors are moving away from mega-cap technology stocks into real assets, cyclical sectors, and industrials. This shift has created divergence in the market, with some areas experiencing cautious sentiment while others, such as Asian hardware tech, continue to reach new highs.

In India, the IT sector has faced substantial pressure amid fears of disruption from AI. While valuations may appear attractive, Schiessl explained that reducing exposure and waiting for more clarity makes sense in the short term. The banking sector, by contrast, continues to trade near its highs, supported by a healthy macroeconomic backdrop. More cyclical and defensive sectors are attracting attention as investors adjust their positions, and the rotation toward these areas is expected to continue for some time.

On the IT services front, Schiessl emphasized the uncertainty surrounding AI’s impact. Large-cap IT stocks may face short-term risk, while smaller, specialized players could be better positioned to navigate disruption. He stressed the importance of management guidance and visibility on new order wins before investors commit fresh capital or take positions against traditional IT businesses.

The pharmaceutical sector, particularly the GLP-1 generics space, presents a significant opportunity. Schiessl described it as “massive,” citing the available market share and the growing range of applications for the compound. Meanwhile, the metals sector has performed strongly over the past year and continues to look attractive. From steel producers to miners, valuations are generally favorable, and earnings prospects remain robust. Schiessl said that commodities and related sectors globally continue to offer appealing opportunities.

Overall, Schiessl’s analysis highlights a market in transition. With rotation from technology into cyclicals, defensive, and commodity-linked sectors, investors are advised to monitor sector fundamentals, management guidance, and order pipelines closely. While uncertainty remains, selective positioning in sectors with strong underlying fundamentals could provide strategic opportunities in the months ahead.

PGIM Investments, a subsidiary of PFI, is an investment adviser and the investment manager to all PGIM US open-end investment companies and manager or administrator to closed-end investment companies. Note: This account is not managed or monitored by PGIM Investments, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use PGIM Investments’ official channels.

As real estate markets across the United States adjust to higher interest rates and slower growth, South Florida continues to stand out as an exception, particularly in the luxury segment.

For investors from cities like Seattle, San Francisco, and other high-cost coastal markets, the region has become a strategic destination offering long-term appreciation, tax efficiency, and lifestyle-driven demand.

Rather than cooling off, South Florida’s luxury housing market is entering 2026 with steady momentum and strong investor confidence.

Sunbelt Migration Fuels Investor Interest

South Florida’s rise mirrors a broader shift toward the Sunbelt, where population growth, job creation, and favorable tax structures have reshaped investment flows. Out-of-state buyers, including technology entrepreneurs and finance professionals from the West Coast, are increasingly acquiring second homes or relocating entirely to Miami, Fort Lauderdale, and Palm Beach.

For many, the appeal goes beyond climate. Florida’s business-friendly environment and absence of state income tax make it particularly attractive for high-net-worth individuals seeking to preserve capital while maintaining access to major financial and tech ecosystems. Miami’s growing reputation as a finance and innovation hub has further reduced the perceived trade-off of leaving traditional centers like Seattle or Silicon Valley.

Consistent Growth and Long-Term ROI Potential

While several U.S. housing markets experienced price corrections in recent years, South Florida’s luxury sector has demonstrated notable resilience. Market forecasts project price growth of approximately 2.8% in 2026 and 3.5% in 2027, signaling stability rather than volatility.

Investors are drawn to this predictability. Luxury properties in the region offer a dual return profile: long-term appreciation combined with rental income potential. Seasonal demand from snowbirds, corporate relocations, and international visitors continues to support high-end rental rates, particularly in waterfront and amenity-rich developments.

Data tracked by MILLION Luxury shows that investor interest in South Florida luxury homes remains concentrated in high-amenity developments and prime waterfront locations.

For buyers evaluating South Florida luxury homes for sale, this balance between income generation and capital growth has become a key differentiator compared to more saturated coastal markets.

Tax and Financial Advantages Strengthen Returns

Tax efficiency remains one of Florida’s most compelling advantages. With no state income tax and comparatively moderate property taxes, investors can often achieve stronger net returns than in states like California, New York, or Washington.

For high-income earners, these savings compound over time. Owning a luxury residence in Miami or Palm Beach can be significantly more cost-effective than maintaining comparable property in West Coast or Northeast cities, even before factoring in appreciation potential.

This financial logic has driven a wave of portfolio diversification, with South Florida real estate increasingly viewed as a core holding rather than a speculative allocation.

Miami’s Evolution Into a Finance and Tech Hub

Economic diversification has further strengthened the region’s outlook. Miami’s emergence as “Wall Street South” reflects a broader transformation that includes fintech startups, venture capital firms, and established financial institutions expanding their presence.

This influx of firms has brought a growing affluent workforce, increasing demand for upscale condominiums and single-family homes near business districts. Brickell, in particular, has become a focal point for luxury high-rise living, attracting younger professionals seeking walkable neighborhoods and premium amenities.

The expansion of this professional base provides structural support for luxury housing demand, reducing reliance on purely seasonal or international buyers.

Neighborhoods and Property Types in Demand

Different segments of South Florida appeal to different investor profiles. Brickell and Downtown Miami continue to attract buyers focused on modern high-rise living, concierge services, and proximity to business hubs. Palm Beach remains a stronghold for ultra-wealthy estate buyers seeking privacy, legacy properties, and exclusivity.

Fort Lauderdale has gained attention for its waterfront homes and yachting lifestyle, offering slightly more approachable price points while still delivering luxury credentials. Across the region, new construction condominiums with five-star amenities remain particularly attractive, especially when secured during pre-construction phases.

Given limited supply in prime locations, competition for top-tier properties remains high, reinforcing the importance of timing and local expertise.

Practical Investment Considerations

For out-of-state investors, working with experienced local luxury brokers is essential. Market dynamics can vary significantly between Miami-Dade, Broward, and Palm Beach counties, and access to off-market listings often determines the best opportunities.

Investors are also advised to monitor upcoming developments, many of which offer early pricing incentives and flexible payment structures. Evaluating rental regulations and seasonal demand patterns can further enhance returns, particularly for those considering short-term or executive rentals.

A Market Positioned for 2026 and Beyond

As 2026 approaches, South Florida’s luxury real estate market shows little sign of losing momentum. Continued migration, a diversifying economy, and favorable financial conditions have created a foundation for sustainable growth.

For investors from Seattle and beyond, South Florida is no longer just a lifestyle purchase. It represents a strategic investment market, one where luxury homes combine financial performance with long-term desirability in a globally connected region.

An American Airlines jet was found Monday with possible bullet holes on its exterior after completing a flight from Medellin, Colombia, to Miami.

The damage was discovered during a routine post‑flight inspection of the Boeing 737 MAX 8 at Miami International Airport.

According to Airlive.net, the puncture marks resembled bullet holes and were found on the plane’s right wing assembly.

American Airlines confirmed to FOX Business that the plane was impacted and is currently undergoing inspection. 

AMERICA’S AIRPORT AFFORDABILITY GAP: CITIES WHERE TRAVEL COSTS ARE CRUSHING FAMILIES

“Following a routine inspection, our teams identified a puncture to the exterior of one of our aircraft in Medellín, Colombia,” the airline said.

“The aircraft was immediately removed from service for further inspection and repair. We will work closely with all relevant authorities to investigate this incident.”

‘SECURITY-RELATED SITUATION’ GROUNDS FIGHT TO VACATION HOT SPOT, PASSENGERS CONFINED FOR HOURS

The plane, registered as N342SX, first departed Miami Sunday as Flight AA923 for Medellín’s José María Córdova International Airport, where it stayed overnight in Colombia, according to AirNavRadar.

The next morning, it completed its return leg as Flight AA924, landing in Miami at approximately 10:33 a.m.

The flight cruised without any issues during its three-hour journey over the Caribbean, and no one was reported injured, the airline told FOX Business.

During the inspection, maintenance crews noticed puncture marks on the right aileron, the part of the wing that controls roll and allows the airplane to turn, Airlive.net reported.

Ticker	Security	Last	Change	Change %
AAL	AMERICAN AIRLINES GROUP INC.	13.15	+0.22	+1.70%

While the cause of the possible gunfire remains under investigation, the incident has raised concerns about safety in Medellín. The city, now a popular and vibrant destination for tourists, was once notorious in the 1990s for high levels of violence and drug-related crime.

Following the discovery, flight technicians at the Miami airport conducted temporary structural patching to stabilize the wing, Airlive.net said.

CLICK HERE FOR MORE LIFESTYLE STORIES

At 8 p.m., roughly 10 hours after landing in Miami, the plane departed again as a non-commercial flight to American Airlines’ primary maintenance hub at Dallas Fort Worth International Airport (DFW). 

The aircraft currently remains grounded at DFW, where specialized engineers are able to assess the jet and determine whether any additional mechanisms were impacted.

Gold and silver prices surged at the opening on the MCX on Wednesday as investors flocked to safe haven assets amid rising geopolitical tensions and uncertainty over U.S. tariffs after the Supreme Court of the United States struck down a range of measures introduced by US President Donald Trump.

MCX Gold futures due April 2026 were up Rs 1,103 or 0.7% at Rs 1,61,072 per 10 grams. Meanwhile, silver futures for March 5, 2026 delivery jumped by Rs 7,246 or 2.7% to Rs 2,67,990 per kg.

In the international market, gold prices climbed 0.5% to $5,174.76 per ounce as of 0159 GMT. Bullion had ended the previous session down more than 1% as investors booked profits after prices touched a three week high earlier in the day. Meanwhile, spot silver gained 1% to $88.23 per ounce, after hitting a more than two week high on Monday.

Also read: Fading vibes: Internet stocks slump up to 28% in 2026 but Paytm, Groww, 5 more earn brokerages’ backing post Q3

How should you trade gold?

Manoj Kumar Jain of Prithvi Finmart said the global tariff of 10% imposed by Donald Trump came into effect on Monday, once again increasing uncertainty in global trade. Markets are also cautious ahead of the scheduled US Iran talks on February 26 in Geneva regarding the nuclear deal. The dollar index is holding steady above the 97 mark, limiting gains in both precious metals.

However, tariff related uncertainty and geopolitical tensions could continue to support prices of precious metals. According to Jain, price volatility remains very high in both gold and silver. Silver may hold support at $68.00 per troy ounce, while gold could hold support at $4,880 per troy ounce on a closing basis this week.
He added that gold and silver prices are likely to remain volatile this week amid fluctuations in the dollar index, tensions between the United States and Iran, and ahead of Trump’s speech. Gold has support at $5,122 to $5,084 and resistance at $5,220 to $5,264 per troy ounce, while silver has support at $84.80 to $82 and resistance at $90 to $92.40 per troy ounce in today’s session.On the Multi Commodity Exchange of India, gold has support at Rs 1,58,800 to Rs 1,56,300 and resistance at Rs 1,61,400 to Rs 1,63,000, while silver has support at Rs 2,54,400 to Rs 2,48,800 and resistance at Rs 2,66,000 to Rs 2,71,000. Jain recommends buying gold on dips around the Rs 1,59,000 to Rs 1,57,000 range, with a stop loss below Rs 1,55,500 for targets of Rs 1,61,000 to Rs 1,62,500.

Gold rates in physical markets

Gold price today in Delhi

Standard gold (22 carat) prices in Delhi stand at Rs 1,18,768 per 8 grams while pure gold (24 carat) prices stand at Rs 1,29,552 per 8 grams.

Gold price today in Mumbai

Standard gold (22 carat) prices in Mumbai stand at Rs 1,18,648 per 8 grams while pure gold (24 carat) prices stand at Rs 1,29,432 per 8 grams.

Gold price today in Chennai

Standard gold (22 carat) prices in Chennai stand at Rs 1,19,128 per 8 grams while pure gold (24 carat) prices standat Rs 1,29,960 per 8 grams.

Gold price today in Hyderabad

Standard gold (22 carat) prices in Hyderabad stand at Rs 1,18,648 per 8 grams while pure gold (24 carat) prices stand at Rs 1,29,432 per 8 grams.

(Disclaimer: Recommendations, suggestions, views and opinions given by experts are their own. These do not represent the views of The Economic Times.)