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Breadth Breakout Drives Market Higher As Investors Remain Skeptical
Forbes· 2025-09-13 19:45
Market Performance - The SPDR S&P 500 (SPY) is up 2.1% and the Invesco QQQ Trust (QQQ) is up 2.9% in September, despite it being statistically a poor month for stock market averages [1] - The NYSE Composite has been trading above its yearly R1 at 20,903, reaching a high of 21,056 last week, with a yearly R2 at 22,252, which is 4.1% above the close [2] Advance/Decline Lines - The NYSE All Advance/Decline (A/D) line completed its correction in May and has made new highs in September, indicating strong market performance [3] - Despite strong A/D lines, a survey indicated that 49.5% of respondents were bearish on stocks for the next six months, suggesting a divergence between market performance and investor sentiment [4] Trading Activity - The Invesco QQQ Trust (QQQ) closed above its August high at $583.32, projecting a move to the $615 area, with key support at $536.20 [6] - The NDX100 A/D line has shown lower highs since July and closed below its WMA, indicating potential for a deeper correction if it drops below key support [8] Cash Levels and Market Sentiment - The BofA Global Research fund manager's survey reported cash levels at 3.9%, often seen before market declines, with a historical low of 3.5% in February preceding a significant decline [9]
When Is ‘Demon Slayer: Infinity Castle’ Coming To Streaming?
Forbes· 2025-09-13 17:36
Scene from "Demon Slayer Kimetsu no Yaiba Infinity Castle."Sony Pictures Entertainment/Crunchyroll/©Koyoharu Gotoge _ SHUEISHA, Aniplex, ufotableThe anime feature Demon Slayer Kimetsu no Yaiba Infinity Castle — also known as Demon Slayer: Infinity Castle — is new in theaters. When and where will it arrive on streaming?Rated R, Demon Slayer: Infinity Castle opened Friday in theaters nationwide. The official logline for the movie reads, “The Demon Slayer Corps are drawn into the Infinity Castle, where Tanjiro ...
Stocks Reach Highs On Oracle And Fed Expectations
Forbes· 2025-09-13 15:38
Oracle's announcement of the massive increase in AI-related contracts last week holds important implications for artificial intelligence spending and the tech sector.gettyThe S&P 500 reached an all-time high last Thursday but declined fractionally on Friday. The Magnificent 7, comprising Microsoft (MSFT), Meta Platforms (META), Amazon.com (AMZN), Apple (AAPL), NVIDIA (NVDA), Alphabet (GOOGL), and Tesla (TSLA), outperformed with Oracle’s (ORCL) earnings further reinforcing the artificial intelligence (AI) gr ...
United Airlines Steps A Bit Closer To Aircraft Maker Boom Supersonic
Forbes· 2025-09-13 15:10
Core Insights - United Airlines expresses strong support for Boom Supersonic, indicating a positive outlook on the supersonic aircraft market and potential customer demand [1][2] - Boom Supersonic's Overture aircraft is set to be manufactured in North Carolina, with plans for its first flight potentially occurring within this decade [2][3] - United Airlines has placed a preliminary order for 15 Overture aircraft, contingent on meeting safety and sustainability requirements, with an option for an additional 35 aircraft [3] Investment and Economic Considerations - The demand for supersonic travel is particularly noted across the North Atlantic, although the economic feasibility remains challenging [2] - Boom has secured significant financial support from North Carolina, including a grant of up to $87 million over 20 years, alongside $107 million appropriated for site improvements [4] - United Airlines' investment in Boom is described as relatively small compared to its broader investment strategy, which includes a focus on AI and innovative travel solutions [6][7] Industry Context - The aerospace industry has shown skepticism towards Boom's plans, yet the company has made strides in gaining governmental support and demonstrating technological advancements [4] - The repeal of the ban on supersonic flights in the US is seen as a pivotal moment for the industry, energizing partnerships and development efforts [4]
Corporate ‘Loans’: The Debt v. Equity IRS Challenge And Tax Nightmares
Forbes· 2025-09-13 14:35
U.S. taxpayers face major risks if a loan to a corporation (especially a foreign corporation) is reclassified as equity. Learn about IRS rules, CFC and PFIC traps, FBAR and reporting penalties.getty Lenders who advance cash to corporations often do so with a clear expectation: the company will repay the principal and will pay interest, and the borrower will report interest income. Yet for U.S. taxpayers the moment of truth comes much later, sometimes years after the money has left the bank—when the IRS, or ...
Ralph Macchio And Jackie Chan’s ‘Karate Kid: Legends’ Gets Netflix Date
Forbes· 2025-09-13 14:02
"Karate Kid: Legends" poster image featuring Jackie Chan, Ben Wang and Ralph Macchio.Sony Pictures EntertainmentKarate Kid: Legends, starring Ralph Macchio, Jackie Chan, Ben Wang and Ming-Na Wen, is coming soon to streaming on Netflix.Directed by Jonathan Entwistle, Karate Kid: Legends opened in theaters on May 30 and debuted on digital streaming via premium video on demand on July 8.ForbesWhen Is Stephen King’s ‘The Long Walk’ Coming To Streaming?The official summary for Karate Kid: Legends reads, “When ku ...
5 BDCs That Deliver Double-Digit Yields (Up To 12.6%)
Forbes· 2025-09-13 14:00
Core Viewpoint - Business Development Companies (BDCs) are undervalued by Wall Street, presenting significant dividend opportunities for income-seeking investors, with yields ranging from 10.6% to 12.6% due to their requirement to distribute at least 90% of taxable income [2][3]. Group 1: BDC Overview - BDCs function as banks for small and mid-sized companies that lack access to traditional bond markets, allowing them to charge a premium for capital, which is then returned to investors as dividends [3]. - Most BDC loans are floating-rate, which may seem risky with potential rate cuts, but this can lower borrowing costs for BDCs and their borrowers, leading to healthier dividends [4]. Group 2: Specific BDCs - Morgan Stanley Direct Lending Fund (MSDL) has an 11.1% yield and focuses on floating-rate loans, which may decline with Fed rate cuts, but increased loan demand could offset this [5][6]. - Trinity Capital (TRIN) offers a 12.6% yield and has achieved a 20% total return in 2025, focusing on growth-stage companies in sectors like space and healthcare technology [8][10]. - Oaktree Specialty Lending Corp. (OCSL) yields 12.0% and trades at a 16% discount to NAV, primarily investing in senior secured debt across various industries [12][14]. - Blackstone Secured Lending Fund (BXSL) has a 10.6% yield and focuses on first-lien senior secured debt, but its dividend coverage has diminished, warranting close monitoring [16][18]. - Blue Owl Capital Corp. (OBDC) yields 11.3% and invests in middle-market companies, with a defensive portfolio emphasizing stability, though it has not significantly outperformed the BDC industry [19][21].
Jimi Hendrix’s Estate Keeps His Musical Legacy Alive
Forbes· 2025-09-13 13:31
Core Insights - Experience Hendrix has released a box set featuring recordings for Jimi Hendrix's second album, Axis: Bold as Love, marking the fifty-fifth anniversary of his death [1][5] - The company has been instrumental in revitalizing Hendrix's catalog and image since its establishment in 1995, led by his sister Janie Hendrix [3][10] Company Background - Experience Hendrix L.L.C. was formed in 1995 to manage and curate Jimi Hendrix's music and legacy [3] - The organization has released over forty albums of Hendrix's studio and live recordings, collaborating with his main engineer, Eddie Kramer [10] Legacy Management - After Hendrix's death, his music was initially managed by his manager Michael Jeffery, whose actions led to a series of substandard releases [6][9] - Al Hendrix gained control of the estate in 1970, and a legal agreement in 1995 allowed him to manage Jimi's songs effectively [7] Recent Developments - The upcoming deluxe edition of Axis: Bold as Love will include 28 previously unreleased recordings, emphasizing the estate's focus on high-quality audio and historical context [11] - Experience Hendrix aims to continue sharing Hendrix's music while maintaining the integrity of his artistic legacy [11] Market Performance - The mainstream market for Hendrix's archival releases has stabilized, with no new album spending more than four weeks on the Billboard Top 200 in the past decade [13] - Notable successful releases include Live At Woodstock, BBC Sessions, and Valleys Of Neptune, with some albums achieving significant chart positions [12][13] Future Prospects - The Hendrix archives remain extensive, suggesting that more curated recordings will be released in the future to satisfy fans and collectors [14]
‘Demon Slayer: Infinity Castle’ Rotten Tomatoes Reviews: Are Critics Wowed By Anime Feature?
Forbes· 2025-09-13 03:39
Scene from "Demon Slayer Kimetsu no Yaiba Infinity Castle."Sony Pictures Entertainment/Crunchyroll/©Copyright_ ©Koyoharu Gotoge _ SHUEISHA, Aniplex, ufotableThe anime feature Demon Slayer Kimetsu no Yaiba Infinity Castle — also known as Demon Slayer: Infinity Castle — is new in North American theaters this weekend. How is the film being received by Rotten Tomatoes critics?Rated R, Demon Slayer: Infinity Castle opened Friday in theaters nationwide. The official logline for the movie reads, “The Demon Slayer ...
Best Bose Headphones 2025
Forbes· 2025-09-12 20:29
As an audio expert and classically trained musician, my standards for headphones are exceptionally high. They need to offer crisp audio, stellar battery life and ideal noise cancellation for travel and focus sessions. As a leading brand in the space, Bose offers a robust lineup of headphones, many with these must-have features. After testing most of the currently available suite of Bose headphones, I found the wireless Bose QuietComfort Ultra Headphones to be the best Bose headphones overall. This pair alre ...