John Hancock Financial Opportunities Fund announced a quarterly distribution of $0.65 per share payable on June 30, 2026, primarily sourced from net realized long-term capital gains (74%). The distribution reflects the Fund's managed distribution plan and includes net investment income and short-term capital gains, with no return of capital this period. The Fund's average annual total return over five years is 7.26%, and the annualized distribution rate is 6.80% of NAV. Investors are reminded that part of the distribution may be a return of capital and should consult tax documents for reporting purposes.
Luke Dashjr, co-founder of Bitcoin mining pool OCEAN, resigned as chairman, CTO, and director after a mutual agreement with parent company Mummolin Inc., which repurchased all his equity. The split was due to differing visions for Bitcoin mining foll...
Dell Technologies is set to report its fiscal Q2 2027 earnings on September 1, with analysts forecasting earnings per share around $4.88 to $4.95, more than double last year's $2.32, and revenue between $44.2 billion and $45.3 billion, up about 50%. ...
Chicago Atlantic BDC maintained strong credit quality in Q2 with no non-accrual loans and a fully senior-secured portfolio yielding 16% on average. Despite weaker originations in Q2, a $1.1 billion pipeline and $25 million in post-quarter deployments...
Solana announced key upgrades including Transaction V1 activation on September 9, which increases transaction size to 4,096 bytes, enabling more complex operations. Starting the week of August 31, the network begins a five-step rent reduction aiming ...
Astera Labs reported a 104% year-over-year revenue increase in Q2, driven by strong demand for its Scorpio product family, which is expected to become the company's largest product line a quarter earlier than anticipated. The company projects about 4...
