Royce Micro-Cap Trust, a closed-end fund investing in companies with market caps under $1 billion, reported a 70.39% total return over the past year as of June 30, 2026. The fund, managed by an adviser with over 50 years of experience in small- and micro-cap stocks, aims for long-term capital growth through a diversified portfolio primarily in industrials, technology, healthcare, financials, and consumer sectors. Despite market price fluctuations and risks associated with micro-cap investments, the fund's average market cap is about $1.13 billion with a net asset value of $16.75 per share. Investors should consider the fund's risks and fees before investing, as past performance does not guarantee future results.
Quest Diagnostics reported a 10.2% revenue increase to $3.04 billion in Q2 2026, driven by a 10% rise in organic revenue and a 13.1% volume increase. Adjusted EPS rose to $3.12, beating analyst expectations of $2.83. Due to strong demand and successf...
HSBC initiated a 'Hold' rating on SpaceX (NASDAQ:SPCX) with the stock at $118.24 amid market volatility following its June IPO. The upcoming lock-up expiry on August 4 will increase the public float from 4.9% to about 12%, potentially pressuring the ...
Intel reported strong Q1 results with earnings per share of $0.42, doubling analyst estimates of $0.21, and revenue of $16.13 billion, a 25% increase year-over-year. This marks Intel's fastest revenue growth since 2011, fueled by rising demand in dat...
Charter Communications anticipates a 1.77% decline in Q2 2026 revenue to $13.52 billion, reflecting challenges in broadband, mobile growth, and video customer losses. Despite this, earnings per share (EPS) are projected to increase by 10.78% to $10.1...
Univest Securities, a New York-based investment bank, ranked 5th in the Q2 2026 U.S. PIPE and Private Placement markets by number of transactions, completing 23 deals and raising about $198.1 million. This marks their second consecutive quarter in th...
