Company will shift focus to hybrids, citing drop-off in EV demand among sports car lovers who ‘miss the noise’ The Italian supercar manufacturer Lamborghini has abandoned plans to make all-electric vehicles, and will instead focus on making plug-in hybrid cars, after a drop-off in demand for EVs among its wealthy clientele. Lamborghini unveiled its first all-electric concept car, the Lanzador, in 2023, but it is no longer planning to put it into production. Continue reading...

Gordon Brown has reportedly demanded a police investigation into the use of RAF bases.

Key PointsHealthcare is an evergreen industry ripe for finding fantastic dividend-growth stocks.

Emma Webber, mother of Barnaby Webber, expects ‘shocking’ failures into care of triple killer Valdo Calacone to emerge at inquiry starting on Monday The mother of a student who was killed in the 2023 Nottingham attacks has said she will “fight to the bitter end” to get to the truth of how Valdo Calocane was free to attack, before the beginning of a public inquiry into the incident. Barnaby Webber and Grace O’Malley-Kumar, 19-year-old students, and 65-year-old caretaker Ian Coates were fatally stabbed by Calocane on 13 June 2023 in a frenzied attack. Early the next day, Calocane drove a van into pedestrians Wayne Birkett, Sharon Miller and Marcin Gawronski, leaving all three with severe and life-changing injuries. Continue reading...

特朗普宣布，把全球進口關稅稅率，由一成調高至一成半，以回應最高法院裁定，其所謂「對等關稅」違法。央視旗下《玉淵譚天》指，若美方繼續加徵關稅，中方不排除採取相應措施。日本自民黨則批評美方「亂來一通」。 美國總統特朗普周六在社交平台發文，宣布把全球進口關稅稅率，由他早一天所說的一成，調高至一成半，並表示在未來幾個月，政府會發布全新且符合法律規範的關稅。 美國最高法院當地周五裁定，特朗普去年四月，向全球多地徵收對等關稅，超出其總統權限。 特朗普批評裁決是荒謬和極端反美。他隨後宣布引用另一條貿易法，對全球商品加徵關稅，以取代被法院認定違法的關稅。自關稅政策實施以來，截至去年十二月，財政部已收取稅款超過1,330億美元，折合逾一萬億港元。目前已經有數百家公司向特朗普政府提起訴訟，要求退回之前因越權的關稅政策，而支付的款項。 央視旗下《玉淵譚天》周日發表評論文章，指美國越加徵關稅，代價就越由美國自己人承擔；又引述學者稱，若果美方以其他法律工具繼續加徵新的關稅，中方亦會研判是否採取相應措施。 日本自民黨稅制調查會長小野寺五典表示，美方的做法是「亂來一通」，擔心可能加速各國「遠離美國」的趨勢，並指鑒於美國高院裁定違法，美國政府退回多徵的關稅是理所當然。 歐盟成員國正進行內部磋商，必要時歐盟可動用出口管制、服務關稅等反制措施。有歐盟議員提議，推遲原定於本周舉行的歐盟-美國貿易協議投票，指協議條款及法律基礎發生了變化。 路透社報道，印度方面亦推遲貿易代表團，前往華盛頓進行貿易談判的計劃，理由是判決出爐後，關稅政策的不確定性。

特朗普宣布，把全球進口關稅稅率，由一成調高至一成半，以回應最高法院裁定，其所謂「對等關稅」違法。央視旗下《玉淵譚天》指，若美方繼續加徵關稅，中方不排除採取相應措施。日本自民黨則批評美方「亂來一通」。 美國總統特朗普周六在社交平台發文，宣布把全球進口關稅稅率，由他早一天所說的一成，調高至一成半，並表示在未來幾個月，政府會發布全新且符合法律規範的關稅。 美國最高法院當地周五裁定，特朗普去年四月，向全球多地徵收對等關稅，超出其總統權限。 特朗普批評裁決是荒謬和極端反美。他隨後宣布引用另一條貿易法，對全球商品加徵關稅，以取代被法院認定違法的關稅。自關稅政策實施以來，截至去年十二月，財政部已收取稅款超過1,330億美元，折合逾一萬億港元。目前已經有數百家公司向特朗普政府提起訴訟，要求退回之前因越權的關稅政策，而支付的款項。 央視旗下《玉淵譚天》周日發表評論文章，指美國越加徵關稅，代價就越由美國自己人承擔；又引述學者稱，若果美方以其他法律工具繼續加徵新的關稅，中方亦會研判是否採取相應措施。 日本自民黨稅制調查會長小野寺五典表示，美方的做法是「亂來一通」，擔心可能加速各國「遠離美國」的趨勢，並指鑒於美國高院裁定違法，美國政府退回多徵的關稅是理所當然。 歐盟成員國正進行內部磋商，必要時歐盟可動用出口管制、服務關稅等反制措施。有歐盟議員提議，推遲原定於本周舉行的歐盟-美國貿易協議投票，指協議條款及法律基礎發生了變化。 路透社報道，印度方面亦推遲貿易代表團，前往華盛頓進行貿易談判的計劃，理由是判決出爐後，關稅政策的不確定性。

Super Early Bird pricing for TechCrunch Disrupt 2026 ends February 27 at 11:59 p.m. PT. That means you have just 6 days left to secure up to $680 of ticket savings.

The Supreme Court struck down most of the Trump administration’s tariffs, but uncertainty remains for store chains.

busra İspir/iStock via Getty Images Best Practices for Titles: Avoid the Opaque, Focus on Specifics Titles are the key element to attract reader attention. Titles also are a key component for optimizing content for wide reach. What’s in a title matters when it comes to how content surfaces in online searches. We want to remind analysts what we look for in titles. This includes best practices for titles and our optimization efforts: use clear, concise, literal language. Avoid using puns, figurative language, or any vague phrases. The title should present the article's premise without any ambiguity. Place keywords close to the start of the title. We strongly recommend putting the name of the company at the start of the title so that the name isn’t cut off on Web pages, in searches, or in email subject lines. We allow for the use of tickers for ETFs and closed-end funds, but not companies. The exceptions are well-known large caps such as GM or IBM. And titles should be concise: eight to 12 words in length. Essentially, titles should clearly capture the article’s premise and proposition for readers. Actionable language. No opaque phrases. And a concise, direct message. We also ask that titles avoid more “news-like” phrasing, investment-specific jargon, and backward-looking messaging. And do not use AI to create titles. Editors have discretion to send feedback on titles that appear as clickbait, are sensational and over-the-top, and include claims on past performance (no victory laps) or proclamations on future performance. Avoid name-dropping without any context. Refrain from accusatory statements. We also avoid titles that present a “bait and switch” scenario in which a well-known investment is presented at the start but the focus is on a different name. An example: “Forget Apple, Buy This Tech Giant Instead.” We encourage the use of the second “alternative” title that gives editors options before posting. More ideas on titles can be found here . Reminders on CEO/Execu...

JMIZIPhotography/iStock via Getty Images Blue Owl Capital Inc. ( OWL ) just can't catch a break the last few months. The alternative asset manager slumped last November due to misplaced credit concerns after a couple of high-profile bankruptcies, and now the stock is falling again on additional credit fears due to exposure to the software space and feared AI disruption. My investment thesis remains ultra bullish as the market becomes further disconnected with reality. Source: Finviz Strong Q4 Blue Owl Capital just reported solid Q4 '25 results to wrap up a solid year as follows: Source: Seeking Alpha The company reported fee-related earnings of $0.27 per share and distributable earnings of $0.24. Blue Owl Capital declared a $0.225 dividend for Q4 and announced plans for a $0.23 quarterly dividend in 2026. The asset manager reported fee-related earnings and distributable income up over 20% from Q4'24 levels. The business ended 2025 with no visible financial stress, with AUM up 22% YoY to reach $307 billion. Source: Blue Owl Capital Q4'25 presentation With the stock slump, the current dividend yield has jumped to 8.3% with the projected yield jumping to 8.5% this year. The stock spent several years trading around $10 when the quarterly dividend payout was closer to $0.10 and the payout has now more than doubled over the course of the last few years. Data by YCharts The financial metrics don't support the recent stock dip. The market tends to sell first and ask questions later, which appears to be the case here despite all logical research. Unfortunate Fear Mongering The biggest issue pressuring the asset manager space is fears AI is going to eat software businesses. Claude Code from Anthropic is a possible legitimate threat to software companies, and alternative asset managers spent the last decade lending money in private equity deals. While software businesses definitely face a more competitive market due to AI threats, the equity valuation is far different from the...

DUBAI, United Arab Emirates, Feb. 22, 2026 (GLOBE NEWSWIRE) -- Mutuum Finance (MUTM) has taken a significant step toward its anticipated mainnet deployment with the introduction of its V1 lending and borrowing protocol. The milestone represents a transition from structured presale progression to active infrastructure validation, allowing users to interact with the platform’s core mechanics ahead of its full public release. As development accelerates, the project is positioning itself for the next stage of execution.

Equity-options investors are looking to relative value trades between markets as opportunities to profit from dispersion strategies become scare. After technology stocks — and in particular those associated with artificial intelligence — led the broader market higher, displacement fears have rippled across industries early in 2026, pushing investors to rotate in and out of sectors at a dizzying speed. The scramble to pick winners and losers of the AI trade has driven one-year implied dispersion to the highest level since around the great financial crisis. While the strategies have made money this year, with dispersion levels the highest in years “current entry levels are likely to cause investors to be very picky in their dispersion baskets,” Societe Generale SA derivatives strategists including Jitesh Kumar wrote in a client note. That’s encouraging market players to look more closely at trades to bet on the relative volatility between markets. Interest is bubbling up in the bank Quantitative Investment Strategies space, where investors are increasingly looking toward relative value plays and tactical use of QIS indexes. Read more: Investors Look Past Risk-On in Quant Strategies: Equity Insight “We’ve seen clear growth in systematic relative-value volatility strategies in recent years,” said Adrien Geliot , chief executive officer of Premialab, a QIS data provider. “Index–index volatility spreads are increasingly used as standalone relative-value building blocks.” Volatility spreads between the S&P 500 Index and gold, as well as the US gauge and software stocks have already blown out this year. Massive rallies and selloffs in both have sent implied volatility levels to extremes. JPMorgan Chase & Co. strategists including Bram Kaplan have recommended to capitalize on this latest dislocation by selling volatility on software stocks to buy it on the S&P 500. Another angle is to play the US — especially the S&P 500 — versus Europe or Asia indexes. Many investors have b...

Jean Felix Tematio, Vice President, Chief Accounting Officer, and Corporate Controller at UGI Corporation (NYSE:UGI) , reported a sale of 12,840 shares of UGI Common Stock for a transaction value of approximately $489,000 on Feb. 11, 2026, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($38.07); post-transaction value based on holdings value, using trade-date closing price. Continue reading

Astrid Stawiarz Famed investor Michael Burry on Saturday ignited a fresh debate over the sustainability of the artificial-intelligence boom, questioning whether tech giants’ massive data center spending can continue without damaging balance sheets and earnings. Burry, known for his prescient bets ahead of the subprime mortgage crisis depicted in “ The Big Short, ” directed pointed criticism at major technology and industrial names. “A question I have for ( ORCL ), ( GOOG ), ( META ), ( MSFT ), ( AMZN ), ( NVDA ), ( CAT ), and all the rest, ‘When does the spending for AI data center buildout actually end?’” Burry wrote on X. “It is consuming all your cash flow, you are borrowing, you are financing in ways you never have, apparently because it is so urgent, because it scales? But if it scales, when does it end?” He added: “Now you are engaging in accounting tricks to hide expense, to protect earnings, as the impact is so severe. You will be tortuously adjusting your earnings in a new and sinister ways. When does it end?” Arguing over depreciation accounting The comments drew a detailed rebuttal from Aakash Gupta, a technology newsletter writer with more than 200,000 subscribers, who suggested Burry’s argument centers on depreciation accounting and the pace of capital expenditures. “Burry is mass-publishing the accounting case for his put options on Nvidia and Palantir while the rest of the market is still debating whether the capex cycle has legs,” Gupta wrote. Gupta laid out what he described as the financial backdrop: “The Big Four hyperscalers just guided $650-700 billion in combined 2026 capex, a 60%+ increase from the $381 billion they spent in 2025.” He noted that “Amazon alone committed $200 billion, so far above the $146 billion consensus that the stock lost $450 billion in market cap over nine straight sessions.” According to Gupta, Burry’s focus is what he calls a “depreciation trick.” He wrote that Nvidia’s ( NVDA ) current GPUs could become economically ou...

A Secret Service agent guards the Mar-a-Lago home of former President Donald Trump on March 21, 2023 in Palm Beach, Florida. Joe Raedle | Getty Images Authorities fatally shot an armed man as he tried to enter President Donald Trump 's Mar-a-Lago club in Florida on Sunday morning, the Secret Service said. Trump was not at the Palm Beach club, where he maintains a residence, during the shooting. The president was at the White House. The man shot was carrying a weapon and a gas canister, according to the press release from the Secret Service. He had entered the secure perimeter around Mar-a-Lago. Officials from the Secret Service and the Palm Beach County Sheriff's Office said during a press conference Sunday morning that the man raised a shotgun at an officer before being shot. The man has not yet been identified by law enforcement, but the press release announcing the shooting said he was in his early 20's. "A deputy and two Secret Service agents on the detail went to that area to investigate. They confronted a white male that was carrying a gas can and a shotgun," said Palm Beach County Sheriff Rick Bradshaw. "He was ordered to drop those two pieces of equipment that he had with him, at which time he put down the gas can, raised the shotgun to a shooting position. At that point in time, the deputy and the two Secret Service agents fired their weapons and neutralized the threat." This is breaking news. Please refresh for updates.

Chip Somodevilla/Getty Images News NVIDIA ( NVDA ) is due to report results after the close of trading on February 25. Analysts expect the company to report fiscal fourth-quarter 2026 earnings grew by 71.4% to $1.53 per share, on revenue growth of 67.5% to $65.9 billion. Analysts forecast revenue guidance of $71.7 billion for the fiscal first quarter of 2027, pushing earnings to 1.67 per share. None of that will probably matter... Too Bullish To Be Good Most investors will worry about whether the company's results were good enough. What will really matter is how the market is positioned ahead of the result. As of the close on February 20, the positioning is very bullish, which will work against the stock once results are released and implied volatility falls. 1-week at-the-money implied volatility is around 55% and should continue to rise into earnings on February 25; based on history, it is likely to be closer to 60%, if not higher. Then, after earnings are released, implied volatility will fall sharply, perhaps by as much as half, which means that, after results, it could be back in the 30% region. That is a big problem for the stock. LSEG Once implied volatility declines, both calls and puts will see their premiums decline dramatically. A $190 call expiring on February 27 will see its premium, which is about $6 per contract, fall to around $3 per contract. That means a buyer of the $190 calls needs the stock to rise above $196 to start earning a profit. Once the company reports, and IV falls, even if the stock rises, it may not be enough to cover the cost of the call option. LSEG So the calls at $190 become potential candidates to sell after the company reports results, even if the company beats and raises, as it typically does, if the shares cannot get over $196 per share. It also means that all options trading over the $195 strike price become candidates for sale because they will be near worthless. As the data shows, most of the open interest in the calls resi...

Chip Somodevilla/Getty Images News NVIDIA ( NVDA ) is due to report results after the close of trading on February 25. Analysts expect the company to report fiscal fourth-quarter 2026 earnings grew by 71.4% to $1.53 per share, on revenue growth of 67.5% to $65.9 billion. Analysts forecast revenue guidance of $71.7 billion for the fiscal first quarter of 2027, pushing earnings to 1.67 per share. None of that will probably matter... Too Bullish To Be Good Most investors will worry about whether the company's results were good enough. What will really matter is how the market is positioned ahead of the result. As of the close on February 20, the positioning is very bullish, which will work against the stock once results are released and implied volatility falls. 1-week at-the-money implied volatility is around 55% and should continue to rise into earnings on February 25; based on history, it is likely to be closer to 60%, if not higher. Then, after earnings are released, implied volatility will fall sharply, perhaps by as much as half, which means that, after results, it could be back in the 30% region. That is a big problem for the stock. LSEG Once implied volatility declines, both calls and puts will see their premiums decline dramatically. A $190 call expiring on February 27 will see its premium, which is about $6 per contract, fall to around $3 per contract. That means a buyer of the $190 calls needs the stock to rise above $196 to start earning a profit. Once the company reports, and IV falls, even if the stock rises, it may not be enough to cover the cost of the call option. LSEG So the calls at $190 become potential candidates to sell after the company reports results, even if the company beats and raises, as it typically does, if the shares cannot get over $196 per share. It also means that all options trading over the $195 strike price become candidates for sale because they will be near worthless. As the data shows, most of the open interest in the calls resi...

Non-Woke Game Of Thrones Spinoff Explodes In Popularity It is true that woke content in entertainment media has been in steady decline. Some production studios continue to fight against reality in a vain effort to force their insane ideology on the public, but compared to five or ten years ago, far left-activism in film and TV is crumbling. The number of film productions are plummeting. New movies and shows are becoming thinner in budget and frequency. Hollywood is gasping for oxygen. Many people consider this a good thing, and it is. Hollywood deserves to die. That said, there's almost nothing available to replace it, and this is becoming a problem. Storytelling is integral to the human condition; it's how we pass on ideas, principles and history. Hollywood has devolved to the point that they no longer know how to do this. Wokeness is all they understand and without it they are lost. Only a few years ago it would have been a miracle to find a streaming series with a nearly all white cast set in a European-style environment featuring a straight white male hero with a heart of gold and a dream of serving as a protector of the innocent. It would have been even more of a miracle to find a show in which good people with pure intentions are exemplified as the ideal. And, for that show to also be a Game of Thrones spinoff would require divine intervention. Today, it would seem that miracles are now possible. The recent release of HBO's "A Knight Of The Seven Kingdoms" set in the world of Game Of Thrones has caused a stir - The good kind of stir . Audiences initially approached the series with extreme caution, given the incredible woke failure the original GOT series turned out to be, not to mention the insipid gayness of House Of The Dragon. However, the complete absence of woke propaganda in the series has come as a pleasant shock to audiences and the show is exploding in popularity. The first season is not officially ended and there is, of course, always the chance that...

Apple (NASDAQ:AAPL) has trailed in the artificial intelligence (AI) race since its early stages. From the start, the company lagged behind rivals in developing large language models and AI infrastructure. Its current initiatives, such as Apple Intelligence and updates to Siri, have progressed slowly, with key features delayed until 2026. This pace raises concerns that ... How Apple’s Lazy AI Strategy Could Crush the Competition

Key PointsEnergy Transfer plans to grow its high-yielding payout by 3% to 5% each year.

President Donald Trump ’s tariff-policy defeat in the US Supreme Court won’t unravel individual deals the administration has sealed with its trading partners, US Trade Representative Jamieson Greer said. Those deals, which the administration made with China, the European Union, South Korea and others, remain in place, Greer said Sunday on CBS’s Face the Nation . He sought to separate those arrangements from the planned 15% global tariff Trump announced Saturday. “We want them to understand these deals are going to be good deals,” Greer said. “We’re going to stand by them. We expect our partners to stand by them.” The high court ruling that struck down Trump’s use of emergency authority to wield tariffs preceded the president’s planned trip next month to China. Greer suggested that alternative US trade tools, including those involving investigations of other countries’ trade practices, would give the US leverage. “We have tariffs like this already in place on China, we have open investigations already,” he said. Trump is expected to meet Chinese President Xi Jinping during his visit starting March 31. “The president and Xi have a strong relationship,” Greer told Fox News Sunday, noting the US maintains an average tariff of 40% on China without using the emergency law struck down by the court. Trump Boosts New Tariff Rate to 15% a Day After Announcing 10% Xi Gains Leverage Before Trump Summit After Tariff Reversal Trump’s approach to trade, largely nullified by the Supreme Court, nevertheless has riled US trading partners worldwide, including the European Union. The European Parliament’s trade chief said Sunday he’ll propose freezing the EU’s ratification process of the trade deal with the US until they’ve received details from the Trump administration on its trade policy. Greer said he “spoke with my counterpart from the EU this weekend” and would be talking with officials of other key US trading partners to reassure them. “Rest assured, I’ve been speaking to these f...

The iShares MSCI Global Silver and Metals Miners ETF (NYSEMKT:SLVP) and VanEck Gold Miners ETF (NYSEMKT:GDX) both provide access to global mining stocks, but SLVP focuses on silver and diversified metals, while GDX zeroes in on gold miners. The two ETFs are great options for investors seeking exposure to metals and mining, but they differ on several factors, including cost, yield, liquidity, risk, sector emphasis, and portfolio makeup. The comparison below looks at these differences to help investors decide which ETF may appeal more to them. Continue reading

格隆汇2月22日丨全球投资者以十年来最快的速度涌入拉丁美洲股市，推动该地区市场创下多年高点。巴西、哥伦比亚和墨西哥股市的外资流入激增，推动MSCI新兴市场拉丁美洲指数达到11年来的最高点，并在2026年涨超过20%。这是自1991年以来最强劲的开局。这凸显了投资者在巴西和哥伦比亚总统选举前重新调整对这一长期被忽视地区的押注，交易员们预计当地政策可能调整、利率将下降。

2025年8月，佛罗里达法院陪审团认定特斯拉对一起事故负有部分责任，应向事故死者家属和伤者支付补偿性赔偿4257万美元，以及惩罚性赔偿2亿美元 【财新网】 2月20日，距离特斯拉首辆无人驾驶出租车Cybercab在美国得克萨斯州工厂下线刚刚过去三天，美国佛罗里达州南区联邦地区法院（下称“佛罗里达法院”）披露一项裁定，法官仍然支持陪审团的裁决，驳回特斯拉的请求，要求特斯拉为一起与辅助驾驶关联的交通事故承担合计2.43亿美元的赔偿责任。 汽车行业正在向智能电动化转型，辅助驾驶以及终极目标自动驾驶是方向之一，特斯拉又是其中的典型代表。这一结果反映出美国法院对辅助驾驶功能的审慎态度。

Getty Images A guest post by D C The OPEC Monthly Oil Market Report (MOMR) for December 2025 was published recently. The last month reported in most of the OPEC charts that follow is January 2026 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In the OPEC charts below, the blue line with markers is monthly output, and the thin red line is the centered twelve-month average (CTMA) output. OPEC 12 output decreased by 135 kb/d with the largest increases from Iraq (38 kb/d), UAE (14 kb/d), and Saudi Arabia (13 kb/d). Venezuela (-87 kb/d), Iran (-81 kb/d), and Nigeria (-19 kb/d) saw decreased crude output. All other OPEC members had small increases or decreases of 9 kb/d or less. The chart above shows output from the Big 4 OPEC producers that are subject to output quotas and where most of OPEC spare capacity currently exists (Saudi Arabia, UAE, Iraq, and Kuwait.) After the pandemic, Big 4 average output peaked in 2022 at a centered 12-month average (CTMA) of 20,849 kb/d, crude output has been cut by 636 kb/d relative to the 2022 CTMA peak to 202,213 kb/d in January 2026. The Big 4 may have about 636 kb/d of spare capacity when world demand calls for an increase in output. Since April 2025, the OPEC Big 4 have increased output from 18,346 kb/d to 20213 kb/d, an increase of 1,867 kb/d in 9 months. The rate of increase in Big 4 output seems to be slowing lately. Note that there may be some added spare capacity from the UAE, but there may have been reduced spare capacity in Kuwait and Iraq. My definition of spare capacity is the recent (past 48 months) 12-month peak of OPEC Big 4 output, claims of higher capacity remain unproven until we see sustained (12 month average) output at capacity. The chart above shows output from the Other 8 OPEC producers, excluding the Big 4. Clearly, gains in output from these nations have been stagnant since early 2025. This is the reason I focus on the Big 4 OPEC producers. Refinery crude through...

Microsoft (NASDAQ: MSFT) has had a rough 2026. Its stock is down over 25% from its October highs, with the majority of that decline occurring in 2026. It's not often you see a well-established tech player like Microsoft decline so much, and it's even more rare to see it occur for no obvious reason. This opens up a great buying opportunity for one of the most dominant tech companies out there. I think an investment now could help set you up for life, as it could provide market-beating returns over the next few years. Image source: Getty Images. Continue reading

Could Buying Microsoft Stock Today Set You Up for Life? The Motley Fool

halbergman/E+ via Getty Images Rithm Property Trust's ( RPT ) one-for-six reverse stock split came on the back of a stock price that has dipped so much that it now trades at a 54% discount to its book value of $31.80 per share as of the end of its fiscal 2025 fourth quarter. This discount either represents a risk or an opportunity for the long side, with RPT also last declaring a quarterly cash dividend of $0.36 per share , kept unchanged from its prior distribution, and $1.44 per share annualized for a 9.80% dividend yield. The mREIT, managed by an affiliate of Rithm Capital ( RITM ), has two reportable operating segments: Residential and Commercial. The commercial segment is focused on originating and acquiring commercial real property, managing portfolios of commercial mortgage loans, and commercial mortgage-backed securities ("CMBS"). The residential segment is focused on the mREIT's historical portfolio of residential mortgage-backed securities ("RMBS") and whole mortgage loans. RPT was previously called Great Ajax Corp. before it entered into an agreement with RITM in 2024 to serve as its external manager. Data by YCharts RPT's dividend history has been poor, with the last dividend cut at 40% in May 2024, and with distributions down from a quarterly distribution peak of $1.62 per share in 2022. The mREIT generated fourth-quarter GAAP comprehensive income of $2.5 million , around $0.33 per share. Earnings available for distribution ("EAD") came in negative at $0.5 million, around $0.06 per share, which places the current dividend distribution in a negative light. It's not currently covered, and RPT could be gearing up for another dividend cut. Critically, the mREIT has flagged a possibility of liquidating its residential assets to close what's been a persistent discount to book value per share. RPT, at its post-reverse stock split price of $14.71, is currently trading at a roughly 54% discount to a book value of $31.80 per share as of the end of its fiscal 2025...