Prospect Capital (NASDAQ: PSEC ) announced a major change in its portfolio strategy at the end of 2024 and guided for a reduction of its second lien senior secured middle market loans and equity-linked investments, such asAnalyst’s Disclosure:I/we have a beneficial long position in the shares of PSEC, ARCC, BXSL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). ...

PresentationOkay. Let's go ahead and get started. Good morning, and welcome. I'm very pleased to be joined by Octavio Marquez, CEO of Diebold Nixdorf and Thomas Timko, CFO. Thank you both for being here with us today.Unknown Analyst All right. A couple of quick disclaimers before we begin. You'll be hearing forward-looking statements during today's presentation. These statements reflect the expectations and beliefs of management as of today and are subject to risks that could cause actual results to differ ...

Group 1: WEBs Investments and Defined Volatility ETFs - WEBs Investments has launched a suite of 13 defined volatility ETFs designed to dynamically adjust market exposure based on real-time volatility [2] - The ETFs utilize sector SPDR ETFs and apply a mechanical, rules-based process to adjust exposure daily based on realized market volatility [2][3] - The strategy is tax-efficient and aims to assist investors with a multi-year horizon, complementing traditional equity allocations with a volatility-aware approach [3] Group 2: Alger's Investment Philosophy and Market Insights - Alger's investment philosophy focuses on "positive dynamic change," leveraging innovation driven by AI, robotics, and digital disruption [4] - Elevated market valuations are viewed as potential long-term opportunities, particularly with an active management approach that considers intangible assets and future earnings potential [5] - Due diligence is emphasized in the active ETF space, with a recommendation for investors to evaluate ETFs with the same rigor as mutual funds, focusing on team, process, philosophy, and performance [5]

Company Overview - Diebold Nixdorf is led by CEO Octavio Marquez and CFO Thomas Timko, who are discussing the company's strategic direction and opportunities [1] - The company is focusing on its core markets and identifying areas with the most potential for growth in the coming years [4] Financial Measures - The presentation will include forward-looking statements that reflect management's expectations and beliefs, which are subject to risks that could lead to actual results differing from these statements [2] - Non-GAAP financial measures will be discussed, with reconciliations available in the company's most recent earnings presentation [3]

Core Insights - The American Water Charitable Foundation, established by American Water, is funding the installation of water bottle refill stations in New Jersey [1] - Ten organizations will receive grants to help reduce single-use plastic waste through this initiative [1] Company Overview - American Water is the largest regulated water and wastewater utility company in the U.S. [1] - The initiative aligns with the company's commitment to sustainability and environmental responsibility [1] Program Details - The Hydration Station Grant Program aims to promote access to clean drinking water in public spaces [1] - The funding will support the installation of refill stations, contributing to the reduction of plastic waste [1]

Oracle ORCL shares jumped after the company reported first-quarter results, driven by stronger-than-expected growth in its cloud and AI infrastructure business and a record backlog of multi-billion-dollar contracts, highlighting its expanding role in the rapidly growing AI market.Benzinga contacted Ivan Feinseth, CIO and Director of Research at Tigress Financial Partners, about the correlation of Oracle and Amazon.com AMZN.Feinseth attributed Oracle’s surge to a surprise gain in its cloud platform, noting t ...

Brasstown, NC, Sept. 10, 2025 (GLOBE NEWSWIRE) -- The John C. Campbell Folk School will officially launch its yearlong 100th anniversary campaign and celebrations at its beloved Fall Festival, taking place October 4-5, 2025, on the school’s Brasstown, N.C., campus. The milestone event will kick off a year of activities honoring a century of creativity, community and the preservation of Appalachian traditions. Fall Festival, a regional favorite for 49 years, will launch the centennial year, welcoming thousan ...

AngloGold received a price target increase as gold hovers near all-time highs.Shares of gold miner AngloGold Ashanti (AU 4.62%) rallied 4.4% on Wednesday as of 2:06 p.m. ET. The gold mining stock got a lift as gold prices increased slightly toward the record highs reached briefly yesterday, while a Wall Street sell-side analyst increased his price target by a hefty amount.Gold rises, and Wall Street boosts Ashanti's price targetOne can think of AngloGold and its mining peers as leveraged plays on the price ...

Core Insights - IREN Limited's shares have surged 207.5% year to date, significantly outperforming the Zacks Finance sector's return of 12% and the Zacks Financial Miscellaneous Services industry's return of 3.3% [1][8] - The company has shown strong revenue growth, particularly in bitcoin mining and AI Cloud services, indicating robust operational performance [2][3] Financial Performance - IREN's revenues increased by 29.4% sequentially to $187.3 million in the fourth quarter of fiscal 2025, with bitcoin revenues rising 27.7% sequentially to $180.3 million [2][8] - The company mined 1,825 bitcoins in the fourth quarter, achieving an average revenue of $98.8 per bitcoin mined [2] - AI Cloud services revenues nearly doubled to $7 million in the fourth quarter, up from $3.6 million in the previous quarter [3][8] Growth Prospects - IREN is on track to achieve $1.25 billion in annualized revenues by December 2025, with approximately $1 billion from bitcoin mining and $200-$250 million from AI Cloud [12] - The company plans to scale its GPU capacity from 1.9k to 10.9k in the coming months, including various models from NVIDIA [12][13] - IREN has secured financing for GPU purchases and is expanding its data center capabilities, including a new liquid-cooled data center [15][14] Market Position - IREN Limited is recognized as one of the world's largest and lowest-cost bitcoin miners, achieving a 50 EH/s installed hashrate target [11] - The company operates 810 MW of data centers and has contracted grid-connected power of 2,910 MW, reflecting over 35% growth [14] Valuation and Earnings Estimates - The Zacks Consensus Estimate for first-quarter fiscal 2026 earnings is 18 cents, down 28% over the past 30 days, with revenues expected at $236.7 million [16] - For fiscal 2026, the earnings estimate is $1.08 per share, down 6.1% over the past 30 days, with revenues projected to increase by 120.9% from fiscal 2024 [17] - IREN's valuation appears stretched, trading at a forward price/book ratio of 4.29X compared to the industry's 3.59X [18]

Industry Overview - Cryptocurrencies such as Bitcoin, Ethereum, and others are built on blockchain technology, which enhances security and transparency, driving adoption [1] - Recent regulatory changes in the U.S., including the SEC's repeal of an accounting rule and the passing of the GENIUS Act, indicate a more supportive environment for cryptocurrencies [2] - The liberal policies under President Trump, including an executive order to study cryptocurrency regulations, have positively impacted the industry [3] Cryptocurrency Performance - Bitcoin has seen significant price fluctuations, trading between $57,359.74 and $123,313.78 over the past year, with a recent increase of 0.8% [4] Investment Opportunities - Companies like Amazon and NVIDIA are positioned well within the cryptocurrency and blockchain space, with NVIDIA providing dedicated GPUs for mining and Amazon offering managed blockchain services [5] - Robinhood is benefiting from increased retail market participation and diversifying its product offerings, including the acquisition of Bitstamp and expansion into the Canadian market [7][8] Company Developments - Robinhood has launched various initiatives, including tokenized stocks in the EU and a credit card for its Gold customers, enhancing its crypto business [8] - NVIDIA is capitalizing on the growth of AI and high-performance computing, with significant revenue opportunities in autonomous vehicles and AI systems [10][11] - Cipher Mining is expanding its operations with the Black Pearl data center, aiming to increase its bitcoin mining capacity significantly [13][14]