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OpenAI merges ChatGPT and Codex, appoints Greg Brockman to lead product strategy ahead of IPO.
OpenAI is consolidating its core AI products—ChatGPT, Codex, and its developer API—into a single product team to sharpen focus ahead of a potential IPO later this year. Greg Brockman, previously interim product lead, is now permanently in charge of p...
TCW Strategic Income Fund offers high yield but faces inflation risks due to bond-heavy allocation and reliance on unrealized gains.
The TCW Strategic Income Fund (TSI) primarily invests in bonds despite its hybrid strategy claim, which limits its ability to protect against inflation. It offers a competitive 7.45% yield compared to indices but underperforms peer multi-sector funds...
Advent Convertible and Income Fund offers 10.9% dividend yield with 8.32% NAV discount, ideal for income investors.
The Advent Convertible and Income Fund (AVK) maintains a buy rating due to its attractive 8.32% discount to net asset value (NAV) and a strong 10.9% dividend yield. The fund's strategy combines convertible securities, high-yield debt, and equities, f...
Wheat fund outperforms broad agriculture fund in 2026 due to supply shocks, but long-term returns favor broad exposure.
In 2026, the Teucrium Wheat Fund (WEAT) surged 24.29% driven by wheat-specific supply disruptions, outperforming the Invesco DB Agriculture Fund (DBA), which returned 10.7% by diversifying across multiple commodities. WEAT's gains reflect geopolitica...
COWZ and GRNY ETFs offer contrasting large-cap strategies with differing returns and sector focuses.
The Pacer US Cash Cows 100 ETF (COWZ) and Fundstrat Granny Shots US Large Cap ETF (GRNY) represent two distinct approaches to large-cap investing. COWZ uses a rules-based screen focusing on companies with high free cash flow yield, favoring mature, c...
Empire Metals expands Pitfield titanium project with record drilling, boosting resource estimates and nearing processing plans.
Empire Metals Ltd has completed its largest-ever 35,000m drilling campaign at the Pitfield titanium project in Western Australia, extending the high-grade zone at the Thomas target to over five kilometers and expecting a significant resource increase...
Trump team ordered to discard all items from China on Air Force One amid spy fears
During President Trump's summit with Chinese President Xi Jinping, U.S. officials aboard Air Force One were instructed to discard all items received in China, including burner phones, badges, and lapel pins. This precaution addresses concerns over Ch...
90% of active fund managers underperform the S&P 500 over 15 years; simple index investing wins.
S&P Dow Jones Indices revealed that 90% of active fund managers failed to beat the S&P 500 over the last 15 years, highlighting the difficulty of outperforming the market. Behavioral biases like herding and overconfidence contribute to this underperf...
Nvidia boosts its investment portfolio to $18.37B, focusing on AI, semiconductors, and cloud firms.
Nvidia reported a significant increase in its investment portfolio to $18.37 billion as of March 31, 2026, up from $13.1 billion at the end of 2025. The portfolio is heavily concentrated in companies related to AI infrastructure, semiconductor manufa...
Emerging Market debt falls 1.53% in Q1 2026 amid Middle East conflict and rising U.S. yields
Emerging Market debt, tracked by the JPMorgan EMBI Global Core Index, declined by 1.53% in the first quarter of 2026. This drop occurred amid volatile market conditions driven by an oil-related geopolitical shock that pushed up U.S. Treasury yields a...