Golub Capital BDC remains a Hold as its portfolio quality shows signs of deterioration, with nonaccrual loans rising to 1.4% and payment-in-kind (PIK) income increasing to 9%, indicating some credit stress. The fund’s software sector exposure is mostly secured with limited risk from AI disruption. Dividend coverage has improved to 1.1 times net investment income after a dividend cut, supported by wider credit spreads and opportunistic share buybacks that add value to net asset value. Despite sector headwinds, Golub Capital BDC has performed better than many peers, maintaining cautious optimism for investors.
The United States, United Kingdom, and Australia have announced a joint initiative under the AUKUS alliance to develop advanced underwater drone technology by 2027. This program aims to protect critical subsea internet cables, which have been increas...
Novartis announced that Pluvicto combined with standard care significantly improves radiographic progression-free survival (rPFS) in metastatic hormone-sensitive prostate cancer (mHSPC) patients, regardless of disease volume or presentation. The PSMA...
Palantir reported an impressive 85% revenue growth and maintained strong 60% adjusted operating margins, resulting in a Rule of 40 score of 145%. US commercial revenue surged 133%, and net dollar retention hit 150%, indicating robust customer demand ...
A large deposit of 6 million ONDO tokens, worth about $2.13 million, was made to Bybit from wallets linked to Wintermute, sparking concerns about token distribution amid market weakness. ONDO's price fell over 7% to $0.346, testing a critical support...
The US Central Command disabled a fifth commercial vessel, the M/V Lian Star, by firing a Hellfire missile into its engine room after it ignored warnings while heading to an Iranian port. This action is part of the ongoing US naval blockade of the St...
