The NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) provides broad global infrastructure exposure with a 9.87% yield and trades at a discount of over 10%. Its term structure, with liquidation expected by December 2033, could help close this discount. However, MEGI's total returns have lagged behind key peers. The analyst favors the Duff & Phelps Utility and Infrastructure Fund (DPG) for its better track record, a more sustainable 5.75% yield, and a similar discount, suggesting DPG may be a better long-term investment due to its potential for distribution growth and lower risk of net asset value erosion.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
