Pearl Diver Credit Company reported a net income of $8.5 million for Q2 2026, reversing a prior quarter loss of $22.5 million, driven by improved CLO equity market conditions and tighter spreads. The company's net asset value per share increased to $11.15 from $10.48 in Q1. Despite a slight decrease in investment income and recurring cash flows, Pearl Diver executed a larger refinancing program to reduce debt costs and remains optimistic about future CLO equity opportunities. They declared monthly dividends for the next three months and will discuss results in a conference call on August 27, 2026.
The U.S. SEC declared Evernorth Holdings' Form S-4 registration effective, allowing Armada Acquisition Corp. II shareholders to vote on the proposed merger on September 30, 2026. This merger would create a Nasdaq-listed company under the ticker XRPN,...
VictoryShares US Value Momentum ETF (ULVM) received a Hold rating because, despite its strong year-to-date performance, it faces long-term vulnerabilities. The ETF combines value and momentum investment strategies but leans towards low volatility, wh...
Bitcoin DeFi lending involves depositing BTC-related assets as collateral to borrow or supply liquidity, with returns from borrower interest or fees. Different lending models—pooled, isolated, stablecoin-backed, native BTC, and custodial—vary in risk...
The memecoin sector led gains last week with a 16% average return, second only to Layer 2 tokens. Bitcoin's 10% rise helped boost altcoin sentiment. SPX6900, a memecoin parody of the S&P500, soared 60% over the week, with Open Interest jumping nearly...
Solana's co-founder Anatoly Yakovenko supports changing the network's fixed transaction fee to a usage-based fee that reflects computing resources used, addressing fairness issues for smaller transactions. However, he suggests splitting the current p...
