Herzfeld Credit Income Fund, Inc. (HERZ) declares $0.17/share monthly dividend, in line with previous. - Forward yield 11.49% - Payable July 31; for shareholders of record July 17; ex-div July 17. - Payable Aug 31; for shareholders of record Aug 17; ex-div Aug 17. - Payable Sept...</stron
Anchorpoint Financial completes testing of HKD-pegged stablecoin HKDAP ahead of Q2 issuance, marking Hong Kong’s first licensed stablecoin. Hong Kong’s first officially approved stablecoin, HKDAP, has completed a transfer test on the Ethereum mainnet. The stablecoin, pegge
YieldMax’s NFLX-linked ETF reduces its weekly distribution by 15% as annualized yield holds at 33.33%. YieldMax NFLX Option Income Strategy ETF (NFLY) declared a weekly distribution of $0.0626, down 15.06% from last week’s $0.0737. The move trims the payout while maintaini
HSBC maintains an optimistic but selective stance on Asia, favouring markets with strong growth, innovation and improving shareholder returns. The bank highlights AI and cloud-driven data centre expansion, China’s AI leadership, South Korea’s semiconductor strength and mul
Five-year inflation expectations rise to a 19-year peak, matching pre-2008 crisis levels amid persistent price pressures. The Cleveland Fed’s five-year inflation expectation surged to its highest level in 19 years, reaching 3.8% on headline CPI and 3.2% core PCE. This mark
The fund's distribution falls 11.22% from last week's $0.1319, with an annualized yield of 98.48%. YieldMax MARA Option Income Strategy ETF (MARO) reduced its weekly distribution to $0.1171, an 11.22% decline from the prior week's $0.1319 payout. The move reflects adjustme
Nvidia’s $200 gain in stock value driven by hyperscalers may face limits as CEO signals broader demand beyond big tech. Nvidia shares retreated following its latest earnings report, despite CEO Jensen Huang describing demand as "parabolic" and "skyrocketing." The stock’s m
Minutes from the April FOMC meeting reveal unease over stock valuations, rising bond yields, and AI-driven debt risks. Federal Reserve officials and staff expressed heightened concerns about financial market stability during the late-April FOMC meeting. Anxiety centered on
Google Cloud's 60% year-over-year revenue growth highlights Alphabet's expanding role in AI infrastructure and compute demand. Alphabet's Tensor Processing Units (TPUs) and Google Cloud are fueling AI-driven growth, with Google Cloud revenue surging 60% year-over-year. The
1789 Capital's assets surge to $3.5 billion 1789 Capital has seen its assets grow from $200 million to $3.5 billion by investing in private AI and defense firms. The firm's investments have been driven by the rise of 'patriotic capitalism', which has proven profitable
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