Tri-Continental Corporation Announcements Regarding 96th Annual Meeting of Stockholders Mar 19, 2026 11:45 AM Eastern Daylight Time Tri-Continental Corporation Announcements Regarding 96th Annual Meeting of Stockholders Share BOSTON--(BUSINESS WIRE)--The Board of Directors (the Board) of Tri-Continental Corporation (the Corporation) (NYSE: TY) today announced that the Corporation's 96th Annual Meeting of Stockholders will be held on June 16, 2026 (the Meeting) in Minneapolis, MN. The close of business on Ap ...

Core Insights - The S&P 500 is a highly regarded stock-market index in the U.S., consisting of 500 companies across 11 sectors, with a minimum market capitalization requirement of $22.7 billion and a profitability criterion [1][2] - The index has historically provided an average annual return of 10.6% since 1957, but it has experienced a volatile start in 2026, losing approximately 5% of its peak value due to geopolitical tensions [2][3] Sector Analysis - The S&P 500 is weighted by market capitalization, meaning larger companies have a greater impact on the index's performance. The five largest sectors and their weightings are as follows: - Information Technology: 32.4% (Key companies: Nvidia, Apple, Microsoft) - Financials: 12.5% (Key companies: Berkshire Hathaway, JPMorgan Chase, Visa) - Communication Services: 10.5% (Key companies: Alphabet, Meta Platforms, Netflix) - Consumer Discretionary: 10% (Key companies: Amazon, Tesla, Home Depot) - Healthcare: 9.8% (Key companies: Eli Lilly, Johnson & Johnson, AbbVie) [4][5] - The Information Technology sector is notable for housing the most trillion-dollar companies, including Nvidia, Apple, and Microsoft, which together have a market capitalization of $10.9 trillion. Other significant players include Broadcom ($1.5 trillion) and Taiwan Semiconductor Manufacturing ($1.7 trillion) [6]

Ripple surveyed 1,000+ global finance leaders in 2026. A few things stood out: https://t.co/K4iSBWxMcL→ 72% say digital assets are now table stakes to stay competitive→ 74% see stablecoins as a cash-flow tool, not just a payment rail→ 89% of those surveyed say digital asset custody is a top priorityMost finance leaders aren’t debating digital assets anymore.They’re figuring out how to build with them and who to build with. ...

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JPMorgan Chase & Co. formed a council of some of the biggest sports names in the US as part of an effort to manage money for more than half a million college, working and retired athletes across the country. https://t.co/WmnH05DtkS ...

Dow Jones rises as oil above $103, Fed meeting in focus Dow Jones rises as oil above $103, Fed meeting in focus Stock market Author Ananthu C U Mar 17, 2026, 20:54 PM US stocks ended higher on Tuesday, extending gains from the previous session as investors weighed rising oil prices, geopolitical tensions in the Middle East, and the start of the Federal Reserve's two-day policy meeting. The S&P 500 rose 0.25% to close at 6,716.09, while the Nasdaq Composite gained 0.47% to 22,479.53. The Dow Jones Industrial ...

Honored to see our Global CEO, Nenter Chow @50Nent, share his perspective on the industry’s evolution toward real-world utility and infrastructure.At BitMart, we remain committed to building compliant, intelligent, and inclusive financial access for users worldwide.Thanks to @WuBlockchain for the insightful interview and coverage.Read more: https://t.co/IMRiuYkdlFWu Blockchain (@WuBlockchain):BitMart Global CEO Nenter Chow recently shared his views in an interview:Having transitioned from 17+ years in tradi ...

NEW: Elon Musk's @xai is hiring Wall Street bankers and credit experts to train @grok on finance, from leveraged loans to distressed debt. https://t.co/o6vNdJ9xAz ...

Core Viewpoint - BTIG has lowered its price target for American Express to $285 from $328 while maintaining a Sell rating due to valuation concerns in the declining consumer finance sector [1] Valuation Adjustments - The target reduction is primarily driven by valuation adjustments rather than changes to the underlying thesis, with the new target implying approximately 16x BTIG's 2026 EPS estimate and 14x its 2027 estimate, slightly above the historical forward P/E average of around 15x [1] Competitive Landscape - Concerns have been reiterated regarding American Express' premium customer base facing increasing competition and potential weakness among super-prime consumers, particularly younger white-collar professionals [2] - Commercial spending volumes are lagging behind competitors, especially fintech companies that have gained traction in commercial lending and enterprise expense management, indicating that American Express' commercial offerings appear less competitive [3] Management Response - There has been a noted lack of urgency from management in addressing the shortcomings in commercial offerings, which could hinder the company's competitive position [3] Economic Risks - Potential economic risks tied to the adoption of artificial intelligence could disproportionately affect American Express' younger white-collar customer base, which increasingly relies on its lending platform [4] - Declines in capital markets valuations, including write-downs in private credit investments, could negatively impact the company's client base [4] Growth Prospects - While these factors do not pose an existential threat to American Express, they could limit growth prospects, with the current valuation remaining above historical levels despite trends not appearing stronger than past performance [5]

🤖TECH: @XAI HIRING WALL ST BANKERS TO TEACH GROK FINANCExAI is seeking to hire bankers and private credit experts to improve its Grok chatbot's finance strategy according to job listings posted on its website.They are seeking finance professionals to tutor Grok on a wide range of financial markets and investing strategies, including structured finance and credit products, private credit, portfolio management, equity, M&A, and quantitative analysis. ...