The closed-end fund disclosed net assets of $1.12 billion and a $56.00 net asset value per share as of May 31, 2026. ClearBridge Energy Midstream Opportunity Fund (EMO) reported net assets totaling $1.12 billion and a net asset value (NAV) per share of $56.00 as of May 31,
CooperCompanies reports $1.1B in Q2 revenue CooperCompanies traded higher in extended trading after reporting better-than-expected financials for Q2 fiscal 2026. The company reported $1.1B in revenue despite a loss for the quarter driven by a litigation charge. Th
Underwriters for SpaceX’s $75 billion IPO are blocking subscriptions from mainland China and Hong Kong due to U.S. export restrictions. SpaceX’s $75 billion initial public offering will exclude investors from mainland China and Hong Kong, including private banking clients.
The GraniteShares YieldBOOST NVDA ETF increases its weekly distribution by 1.57% to $0.1296, reflecting a 49.06% annualized rate. GraniteShares YieldBOOST NVDA ETF (NVYY) announced a weekly distribution of $0.1296, up 1.57% from last week’s $0.1276. The move lifts the annu
The professional services firm expands its repurchase authorization as it nears $2.1B spent on buybacks since 2016. FTI Consulting has approved an additional $370M for share repurchases under its existing program. The move increases the total authorization available for bu
The AZYY ETF reduces its weekly distribution by 2.06% from the prior week, reflecting a lower yield for shareholders. GraniteShares YieldBoost AMZN ETF (AZYY) declared a weekly distribution of $0.1091, down 2.06% from last week’s $0.1114 payout. The move marks a slight red
Bitcoin (BTC-USD) has significantly underperformed both stocks and gold over the past year, highlighting a sharp divergence in returns across major asset classes. Over the last 12 months, Bitcoin has declined -38.5%, while the S&P 500 (SP500) has gained +27.0% and Newslett
Broadcom’s $16 billion AI chip revenue forecast falls short of $17 billion estimates, triggering a sector-wide decline. Semiconductor stocks extended losses ahead of the Wall Street open, led by Broadcom’s disappointing AI revenue guidance. The company projected $16 billio
BNY’s Bob Savage notes that both retail and institutional investors bought the April weakness in US equities, but momentum has faded and exposure to energy and technology is elevated. He highlights June quarter-end and half-year-end rebalancing as a key driver, with liquid
SpaceX’s anticipated S&P 500 inclusion stalls, deferring an estimated $14 billion in passive fund investments. SpaceX’s expected addition to the S&P 500 index has been delayed, disrupting plans for an estimated $14 billion influx from passive investors. The decision follow
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