The BlackRock Floating Rate Income Trust (BGT) offers a high yield of 13.36% but is not generating enough income to fully cover its distributions. Its portfolio is heavily invested in speculative-grade senior loans, which increases its exposure to default risk and potential volatility. Although rising interest rates have helped BGT, recent rate cuts have reduced its income, and future rate hikes may not restore previous income levels. BGT currently trades near its five-year average discount to net asset value, but ongoing over-distribution could threaten long-term capital preservation and total returns for investors.
AMD CEO Lisa Su announced that the company's server revenue is projected to grow by more than 80% in the current half-year period. This growth estimate specifically excludes revenue from AMD's AI accelerator business, highlighting strong demand in ot...
Uniswap's total value locked (TVL) on the Robinhood Chain recently surged to $100 million, doubling over the past month. This growth reflects increasing liquidity and capital inflows, strengthening Uniswap's fundamentals despite a weaker market price...
BlackRock's iShares Bitcoin Trust (IBIT) attracted $143.57 million in net inflows in one day, reinforcing its dominance in the US spot Bitcoin ETF market. Since its launch in early 2024, IBIT has captured about 81% of all spot Bitcoin ETF inflows, wi...
BlackRock reported that despite Bitcoin's drop of over 50% from its October 2025 record high to below $60,000 in June 2026, the asset manager's long-term investment thesis remains intact. The decline was attributed to excessive leverage, weaker insti...
The Consumer Staples sector fell 1.46% on Monday, experiencing its worst day of the month. This drop followed a shift from an overbought close to below the 50-day moving average (50-DMA), a pattern not seen since June 2020. The percentage of stocks i...
