The small-cap focused closed-end fund hits its highest price level in a year amid investor demand. Royce Value Trust (RVT) shares climbed to a 52-week high of $18.73, reflecting renewed investor interest in small-cap equities. The closed-end fund, which targets undervalued
Strong quarterly results from AMD drive gains in AI-related equities, pushing major U.S. indexes to record closes. The S&P 500 and Nasdaq reached all-time highs, driven by a rally in AI-linked stocks following better-than-expected earnings from AMD. The chipmaker’s results
Anthropic signs Elon Musk's SpaceX for Colossus 1 compute ahead of June IPO The Claude maker said Tuesday it would use all the compute capacity at SpaceX's Colossus 1 data center, the latest partnership stitched onto its AI infrastructure buildout.
Investors react to the sudden departure of FanDuel CEO Matt King, raising concerns over Flutter Entertainment's U.S. growth strategy. Flutter Entertainment (FLTR) shares fell 6% in early trading following the announcement that FanDuel CEO Matt King will step down after thr
A Kimberly-Clark vice president divested stock amid routine insider trading activity, filings show. Kimberly-Clark Vice President Andrew Scribner sold $401,310 worth of company shares, according to recent regulatory filings. The transaction reflects routine insider stock s
Investors await a court decision on Nexstar's $5.4B TEGNA acquisition, which could reshape U.S. local broadcasting. Nexstar Media Group's stock faces scrutiny as a federal judge prepares to rule on its $5.4 billion acquisition of TEGNA. The deal, announced in 2022, would c
Utility firm NiSource reports stronger-than-expected earnings for Q1 2026, driven by rising data center power needs. NiSource posted Q1 2026 earnings per share above analyst forecasts, fueled by increased electricity demand from data centers. The company cited robust growt
Traders are divided on change by Jan 1 Traders are evenly divided on whether a significant change to quarterly earnings will occur by January 1. This timeline would be unusually fast for the commission. The potential change has sparked debate among traders,
Strong user growth at Tinder drove Match Group’s quarterly earnings above Wall Street estimates, though analysts warn of lingering risks. Match Group reported second-quarter earnings that surpassed analyst expectations, driven by a recovery in Tinder’s user engagement and
Aurora Innovation stock jumped after a Berkshire Hathaway subsidiary announced a strategic collaboration with the autonomous trucking firm. Aurora Innovation Inc (AUR) shares climbed nearly 12% after Berkshire Hathaway’s transportation unit, BNSF Railway, disclosed a partn
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