The Gabelli High Income ETF reported a 0.2% net asset value total return for Q1 2026, slightly beating its ICE BofA high yield benchmark. This performance came amid geopolitical tensions following the U.S.-led Operation Epic Fury, which caused Brent crude oil prices to surge from $61 to $127 per barrel due to halted oil and gas transport through the Strait of Hormuz. High yield bond issuance rose to $79.8 billion in Q1, up from $68.3 billion the previous year, while bond spreads widened slightly as U.S. Treasury yields increased. These factors highlight a volatile but opportunistic environment for high yield debt investors going forward.
Plum Acquisition Corp. IV has postponed its extraordinary general meeting of shareholders from July 2 to July 10, 2026, to allow more time for shareholder engagement. Consequently, the deadline for shareholders to submit redemption requests has been ...
ETHGas (GWEI) surged 66.67% to $0.2166, breaking key resistance at $0.1839 amid strong buying and increased market participation. Trading volume rose 76.52% to $73.76 million, while Open Interest climbed 69.32%, indicating fresh capital inflows and g...
ADI token surged 10.43% to $5.55 following protocol updates that improved user experience and security, making it the top gainer today. Other notable rises include Kaspa, Stable, Morpho, and Hyperliquid, driven by unique tech and market rotations. Co...
Silvercorp Metals is temporarily slowing operations at its Ying and GC mines in China due to new nationwide safety regulations following a fatal coal mine accident. The company identified non-compliance with the new safety standards and is investing ...
Australia's competition watchdog ACCC has taken Amazon's Australian unit to court, alleging unfair contract terms that forced over a million annual Prime subscribers to accept ads on Prime Video or pay extra for an ad-free option. The ACCC claims Ama...
