ASA Gold & Precious Metals Limited is transitioning from a gold and mining closed-end fund (CEF) to a credit-focused business development company (BDC) managed by Saba, which now owns about 32% of ASA. This shift aims to generate management fees and pursue illiquid credit opportunities from stressed BDCs. ASA shares currently trade at a 20% discount to net asset value (NAV), with a potential 10% arbitrage return if the conversion is approved. Investors should watch for shareholder approval and remain aware of gold market risks until the transition is finalized.
SpaceX is set to report its Q3 2026 earnings with analysts expecting adjusted EPS of $0.13-$0.14 and revenue around $12.8 billion, a 64% increase year-over-year. Investors will closely watch Starlink's cash flow and the expanding AI infrastructure se...
RoyaLand Company Ltd. announced Palazzo Chronicles, a free-to-play mobile match-3 puzzle game set in 19th-century Piedmont during Italy's reunification. Players help Adelaide restore her inherited family castle by solving puzzles and rebuilding rooms...
Route 92 Medical has secured a $100 million senior secured debt facility from Trinity Capital to strengthen its balance sheet and support ongoing product innovation and commercial growth. The funding will help the company expand its neurovascular int...
American Electric Power (AEP) has a $147 price target from BTIG, implying a 17.9% upside from its current $124.72 price. The company is advancing a 960-megawatt nuclear project in Indiana with funding and power purchase support from Amazon, and a $4 ...
RBB Bancorp reported Q3 2026 earnings of $0.74 per share, surpassing the $0.58 estimate, and revenue of $36.87 million, a 13.2% increase year-over-year that beat forecasts. The bank improved key metrics including net interest margin rising to 3.16% a...
