Athene Holding's Series A preferred shares will start offering a floating-rate coupon from June 2029, which reduces sensitivity to interest rate changes. Currently trading at about a 5% discount to par, these shares provide a yield-to-call of approximately 9.3%, addressing concerns about call risk. Although the current yield of around 6.7% is lower than peers, the future floating-rate coupon could significantly increase if interest rates remain high. This preferred share is rated a buy due to its interest-rate protection, the company's stable credit profile supported by common equity, and its potential for enhanced total returns in a cautious rate environment.
Revolut mistakenly shared customer identities, verification documents, and full transaction histories, including Bitcoin wallet references, after responding to a fraudulent request sent from an unauthorized email using a real government agency's doma...
Ether's price surged 7.46% to $2619 following US inflation data showing 3.4% annual growth, in line with expectations. This triggered a relief rally as investors reacted positively to the absence of worse inflation news, with short sellers buying bac...
Viavi Solutions has reported robust revenue and profit growth driven by strong demand in AI data centers, optical testing, and aerospace & defense sectors. The company’s data center operations, particularly in 1.6T and CPO technologies, are key growt...
Revolut disclosed personal and financial data of some customers, including Bitcoin transaction histories, following a request that appeared to be from a legitimate government agency but was sent from an unauthorized email account. The exposed informa...
Fetch.ai has introduced the A2A Outbound Adapter, enabling its autonomous AI agents to communicate easily with external agents using the Google-linked A2A Protocol. This tool supports single or multiple server connections and includes features like a...
