Easterly Government Properties was downgraded from 'strong buy' to 'buy' as its share price had outpaced the company's fundamentals, though its valuation remains attractive. The company reported strong Q1 2026 results, with revenue up 16% and core FFO per share increasing by $0.04 year-over-year despite a 5% share dilution. Management aims to reduce net debt/EBITDA to below 7x by focusing on operational growth, controlled equity issuance, and disciplined capital allocation, targeting an investment-grade rating by 2027. With an 8x price to FFO ratio and a 7.3% covered dividend yield, Easterly Government Properties still offers potential upside as operational improvements drive a re-rating.
On July 10, US spot Bitcoin ETFs attracted $90.4 million in net inflows, while Ethereum ETFs gained $18.4 million, indicating a cautious return of institutional capital after a massive $4 billion outflow in June. This inflow follows a break in a 10-d...
Meta has discontinued its new AI feature, Muse Image, which allowed users to generate images using photos from public Instagram accounts. The tool faced immediate criticism for privacy concerns, as it was automatically enabled without explicit user c...
The RiverNorth Opportunities Fund (RIV) provides a high yield of 13.48% by investing tactically in closed-end funds, SPACs, BDCs, and ETFs. Its largest allocation to special purpose acquisition companies (SPACs) adds diversification but also increase...
Pendle has upgraded Bungee Exchange to version 3, enabling users to swap tokens across different blockchains into Pendle's principal tokens (PT) and yield tokens (YT) with a single click and no need to hold native gas tokens on the destination chain....
Sodexo reported a 2% increase in organic revenue for Q3, surpassing expectations with strong growth in the Rest of World segment at 10.6% and stable commercial trends. The company raised its full-year sales growth forecast to between 1.2% and 1.5%, a...
