XAI Floating Rate & Alternative Income Trust (XFLT) is urging shareholders to vote "FOR" the King Street Sub-Advisory Agreement ahead of the August 6, 2026, special meeting. King Street Capital Management, a global alternative investment firm, recently took over as interim sub-adviser and is now seeking permanent approval. The Board highlights benefits such as potential increased distributions, improved performance, and expanded investment opportunities. Shareholders are encouraged to vote early to support the transition and the Board's liquidity plan, which includes tender offers to unlock shareholder value.
Trust Carbon Infrastructure unveiled its HXS compute-efficiency layer, which reduces energy consumption by up to 50.5% and increases server throughput by 167% on NVIDIA H100 GPUs without changing AI model outputs. Tested on models from Alibaba, Meta,...
The Vanguard Extended Duration Treasury ETF (EDV) currently offers a 5.38% SEC yield with a low expense ratio of 0.05%. However, it carries significant duration risk, meaning a small increase in long-term Treasury yields can wipe out a year's income....
Fox Tungsten Ltd has begun a fully funded 20,000-metre drill program at its Fox Project in British Columbia, targeting the world's highest grade tungsten asset. Early visual observations show consistent presence of scheelite, the tungsten-bearing min...
BlockDAG has launched its staking program, quickly locking up over 10 billion coins, positioning itself as a major new player in the crypto market cycle with a low presale price and high transaction speed. Meanwhile, Cardano's price remains low due t...
On July 31, US spot bitcoin ETFs experienced $265.4 million in net outflows, mainly driven by Blackrock's IBIT and Fidelity's FBTC funds, reversing the previous day's strong inflows. Meanwhile, spot ether ETFs attracted about $9 million in inflows, l...
