BlackRock Science and Technology Term Trust (BSTZ) has surged nearly 58% over the past year, driven by a mix of covered call income on public stocks and private AI investments like Databricks. However, the fund's yield sustainability is uncertain due to its reliance on volatile option premiums and a significant 30% allocation to private, illiquid tech companies that do not generate income. The fund cut its monthly distribution by about 27% from its peak in 2025, and part of the payout may include a return of capital rather than earnings. With shares trading at a 9% discount to NAV and activist investor interest, the fund’s 2031 liquidation date offers a potential NAV recovery point, but risks remain around private valuations and income stability.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Solana (SOL) is currently consolidating above the 0.618 Fibonacci support near $69.86. To confirm a stronger bullish reversal, SOL must break through the $84-$86 resistance zone. A successful breakout could lead to targets of $126 and $180, with anal...
