Bogdan Nicolaescu/iStock via Getty Images Overview Market indices continue to trade sideways as capital shifts out of the technology sector. The rapid expansion of AI has created a lot of uncertainty in the market, and it can be stressful holding equities. PGIM Global High Yield Fund, Inc ( GHY ), offers investors a way to preserve capital in these uncertain times. When I previously covered GHY, I issued a hold rating due to the questionable dividend coverage at the time. Since my last coverage, GHY has released an updated annual report, which prompted me to revisit the fund's performance and outlook for the remainder of the year. Looking at the performance over the last twelve months, we can see that GHY's share price has declined by about 4.3%. The fund has struggled to fully recover from the sharp decline in share price experienced a year ago. When including all distributions that were paid, the total return jumps up to 5.6% over the same time frame. Following the decline in share price, GHY now offers investors a starting dividend yield of 10% while issuing payouts on a monthly basis. The fund has a solid history of dividend consistency, but the inconsistent earnings make the coverage a bit variable over time. Data by YCharts The fund now trades at a larger discount to NAV from the time of my last coverage. However, I still don't believe this is the right time to accumulate shares, as the price-to-NAV level still remains at the higher end of its historical range. The NAV growth has been a bit inconsistent due to the fund's reliance on net realized gains to support distributions. So let's start by reviewing the strategy that GHY implements to generate its earnings. Fund Strategy According to the latest fact sheet , GHY has total investable assets of $637.1M that are spread across a diverse range of income-producing securities. The fund's primary objective is to provide a high level of current income by investing in fixed-income instruments around the world. Altho...

Jefferies Financial Group Inc. was sued by investors in one of its funds over losses related to its holdings in First Brands Group , a now-bankrupt auto parts supplier at the heart of an alleged multibillion-dollar fraud scheme. In a suit filed Tuesday in New York, two British Virgin Islands investment companies accused Jefferies’ Leucadia Asset Management arm and its Point Bonita Capital trade-finance fund of defrauding them by misrepresenting the terms of their purchase of First Brands receivables. First Brands founder Patrick James and his brother Edward were indicted last month by federal prosecutors, who claim the two stole hundreds of millions of dollars by faking and inflating invoices for accounts receivable, double- and triple-pledging loan collateral, falsifying financial statements and hiding liabilities from lenders. Point Bonita purchased about $715 million in First Brands receivables, Jefferies said in October, adding in subsequent court filings that they and other factoring firms were the victims of fraud. First Brands had its financial statements audited by top accounting firms and attracted support from top banks, Jefferies said at the time. The investors who sued, Eugenia II Investment Holdings Ltd. and Eugenia III Investment Holdings Ltd., said they invested $25 million in Point Bonita. They claim they were told Point Bonita had “cash dominion” over receivables it purchased from First Brands, meaning the fund would be paid directly by the invoice obligors. Instead, Point Bonita allowed First Brands to collect and hold onto the cash it got from large retailers like AutoZone Inc. and Walmart Inc. for windshield wiper blades, brake pads and other auto supplies on store shelves, according to the lawsuit. “Jefferies unequivocally did not engage in fraud,” a spokesman for the firm said Wednesday. “We will vigorously defend against these specious claims and expect to prevail on the merits.” In an October statement, Jefferies said that, as servicer, First...

Source: Bloomberg, 33:10

Samsung unveiled its Galaxy S26 lineup at its recent Unpacked event in San Francisco. As expected, the new series consists of the baseline S26, which starts at $899.99, and the bigger S26 Plus, which starts at $1,099.99. At the high end, there's also the $1,299.99 S26 Ultra, which is the largest in the lineup and comes with a bigger battery, better cameras, S Pen support, and expanded options for both storage and RAM. The price difference between Samsung's cheapest and most expensive S26 phones is $400 (last year, it was $500). While some of its updated Galaxy AI software features are new, it's another year of minor hardware updates for Sam … Read the full story at The Verge.

Earnings Call Insights: Acadia Healthcare (ACHC) Q4 2025 Management View Debra Osteen, CEO & Director, highlighted her return to the company and emphasized a renewed focus on stability, execution, and clear communication, stating, "My intention is to bring steady leadership, reinforce operational discipline and help position the company for success in both the near term and the long term." She underscored a review of management depth, operational supervision, and a shift back to business fundamentals, with particular attention to supporting field teams and ensuring facility-level performance. Osteen acknowledged slower-than-expected ramp-up at some newer facilities and announced a standardized approach for new hospital openings, focusing on the 2026 pipeline. She highlighted joint venture expansions, noting, "In 2025, we opened new joint venture facilities with Henry Ford in Michigan, Geisinger in Pennsylvania, Ascension in Texas, ECU Health in North Carolina, and Fairview in Minnesota." The CEO stressed capital discipline, stating, "Each project must stand on its own merits, supported by clear market fundamentals and patient needs." Todd Young, Chief Financial Officer, reported, "We reported revenue of $821.5 million, representing a 6.1% increase over the fourth quarter of last year. Adjusted EBITDA for the quarter was $99.8 million." He highlighted a $52.7 million adjustment to the company's reserve for professional and general liability, start-up losses of $12.8 million, and net operating costs of $3.6 million for closed facilities. Young also mentioned, "We invested $93 million in CapEx in Q4 and a total of $572 million for the full year of 2025, nearly $50 million favorable to our prior guidance." Outlook Young outlined 2026 guidance of full-year revenue between $3.37 billion and $3.45 billion and adjusted EBITDA of $575 million to $610 million. Adjusted EPS is expected to be between $1.30 and $1.55. The outlook incorporates 0% to 1% same-facility volume growth...

Cuba’s coastguard shot dead four people and injured six others travelling in a US-registered speedboat in an exchange of fire off the Cuban coast on Wednesday, the interior ministry in Havana said. The “illegal” Florida-registered boat was detected one nautical mile from Falcones Cay in Villa Clara province, the ministry said in a brief statement. As a coastguard vessel approached to identify the boat “shots were fired from the boat”, injuring the commander of the Cuban vessel, the ministry...

Source: Bloomberg, 5:33

Broadcom Set to Release Earnings Report with Positive Outlook Intellectia AI

Meta-AMD AI deal boosts scale but extends high capex cycle, analysts say Yahoo Finance UK

Meta-AMD AI deal boosts scale but extends high capex cycle, analysts say Proactive Investors

Bank of America reiterated its ‘Buy’ ratings on both Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) and Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) following their newly announced multi-year AI infrastructure agreement, arguing the deal strengthens long-term positioning for both...

Meta-AMD AI deal boosts scale but extends high capex cycle, analysts say Proactive financial news

Newark Liberty International Airport will start testing self-driving shuttle buses that could haul passengers between the airport’s long-awaited new train system and terminals in the spring. Three companies are expected to compete for a contract with the Port Authority of New York and New Jersey to operate the shuttle network, according to a Wednesday announcement from the agency. If approved, the self-driving shuttles would provide an automated connection between the airport’s existing facilities and Newark’s new $3.5 billion AirTrain project, that is slated to open in 2030. Oceaneering , Ohmio and Glydways Inc. were selected by the Port Authority to test their zero-emission vehicles during two-week periods from March to May. The tests, funded by the Port Authority, are meant to simulate “a high-capacity shuttle network with multiple vehicles operating simultaneously in a complex airport environment,” the release said. When the tests are complete, the Port Authority could issue a request for proposals in 2027. “We are looking for opportunities to improve our passengers’ time at our airport through unique customer-first experiences as soon as you step onto airport property,” said Port Authority Chairman Kevin O’Toole , in the press statement, adding that “autonomous shuttles offer a safe, efficient solution for moving passengers.” The Port Authority has tested self-driving vehicles at other New York and New Jersey airports that it operates. In 2024, members of the public rode autonomous shuttles in a parking lot at John F. Kennedy International Airport . Waymo has been working with the Port Authority for manually driven tests at Newark, it said last October. But the Alphabet Inc. unit still faces regulatory hurdles in launching fully driverless passenger service in New York, after Governor Kathy Hochul recently pulled a proposal that would have allowed for such operations in the state outside New York City. Newark airport is getting a major facelift as part of the P...

On February 17, 2026, Great Point Partners disclosed a buy of 70,000 Apogee Therapeutics (NASDAQ:APGE) shares, an estimated $4.41 million trade based on quarterly average pricing. According to an SEC filing dated February 17, 2026, Great Point Partners bought 70,000 additional shares of Apogee Therapeutics (NASDAQ:APGE) , with an estimated transaction value of $4.41 million based on the average closing price for the quarter. The fund’s quarter-end position value increased by $16.15 million, a figure that includes both the impact of new shares acquired and stock price appreciation. Apogee Therapeutics, Inc. is a clinical-stage biotechnology company specializing in the development of extended half-life monoclonal antibody therapeutics for inflammatory and immunological conditions. The company leverages proprietary biologic platforms to advance novel therapies for atopic dermatitis and COPD, positioning itself to address significant unmet medical needs. With a focused pipeline and expertise in antibody engineering, Apogee aims to establish a competitive edge in immunology-driven specialty markets. Continue reading

AMD Stock Today: Meta $60B AI Chip Pact Lifts Outlook – February 25 Meyka

Ford Motor Company (NYSE: F) investors looking to start the year off with a bang got what they asked for, although likely not the results they wanted. Ford's $11.1 billion net loss during the fourth quarter was its worst financial performance since 2008. For the full year it was Ford's third-worst performance ever, and if you're keeping track, it's the Detroit icon's third full-year loss in the past six years. Was this just a complete disaster fourth quarter from Ford , or was there more to it? Ford's fourth-quarter automotive revenue came in at $42.4 billion, topping analysts' estimates calling for $41.83 billion. The strong top line didn't filter to the bottom line, however, with Ford's adjusted earnings per share checking in at $0.13 compared to analysts' estimates of $0.19 per share. Image source: Ford Motor Company. Continue reading

LLVM Clang 22 Compiler Performance Largely Unchanged Over Clang 21 On AMD Zen 5 Review Phoronix

Hezbollah Will Stay Out Of US-Iran Fight, But Only If Strikes 'Limited' As the Trump White House weighs its options against Tehran, Hezbollah is signaling it may not be eager to open another front - at least not immediately, issuing a rare message which seeks to calm the mood in the region. A senior Hezbollah official told AFP that the Iran-backed group would stay out of the fight if the United States conducts only "limited" strikes against Iran - a notable caveat, but which leaves the door open if escalation goes further. The past several years of the Gaza war saw Hezbollah enter direct, sustained conflict with Israel - after which the Shia paramilitary group saw it's leadership decimated after a series of targeted IDF strikes on Beirut, as well as the pager blast operation. And so at this moment, Hezbollah is very much on a back foot, and likely doesn't have the resources to enter into a new round of fighting with Israel along the country's northern border. However, it's believed that Hezbollah - which has throughout it's history stretching back into the 1980s closely coordinated with Iran - still has tens of thousands of rockets it could unleash. The Israeli government has meanwhile conveyed its own indirect warning, saying if Hezbollah joins any US-Iran war, Lebanon will pay a steep price. Potential Israeli retaliation would once again target civilian infrastructure, including Beirut’s airport - as has happened several times in the past. "Over the past several months, IDF troops have been operating in southern Lebanon to dismantle terrorist infrastructure and prevent attempts by the Hezbollah terrorist organization to rearm," the Israeli military (IDF) said in a fresh statement this week. Israeli forces targeted "weapons and terrorist infrastructure, including observation and firing positions in which anti-tank launchers were located," the IDF said. A key part of Israel's strategy has long been to pressure the entire country of Lebanon and make life miserable fo...

Serie A side win 4-3 on aggregate after 4-1 victory Atalanta face Arsenal or Bayern Munich in last 16 A stoppage-time penalty from Lazar Samardzic sent Atalanta into the Champions League last 16 on Wednesday evening, with a thrilling 4-1 win over Borussia Dortmund earning the Italian side a 4-3 win on aggregate. Dortmund’s Ramy Bensebaini was sent off after his studs caught the head of an Atalanta player in the penalty area and Samardzic converted the spot kick to send the Italians through. Atalanta will now face either Arsenal or Bayern Munich in the round of 16 with the draw on Friday. Continue reading...

Citrini Research所提出的人工智能将引发大范围失业的观点，正在招致全球各地投资者与经济学家的质疑。 过去几天里，城堡证券、德意志银行、富达国际、Liontrust Asset Management Plc等机构的专家相继表示，这一论点最多只能说是牵强附会，白宫一名高级经济学家甚至将其称为“科幻小说”。 Citrini自身也提醒外界不要过度照字面解读这份报告。该机构在刊发于Substack长达7，000字的文章第二句话就写道：“下文是一种情景假定，而非预测。” 尽管如此，哪怕仅作为思想实验，这套“末日叙事”本周仍然席卷了华尔街，拖累软件与金融股进一步下跌。在投资者本已对AI工具的能力感到不安之际，这份报告火上浇油，描绘了一个AI引发白领大规模裁员、股市崩盘，并将失业率推高至10%以上的世界。 批评者尤其关注的是Citrini提出的AI将会引发“负面反馈回路”的假说，他们将其称为“人类智能被取代的螺旋”：企业加大AI投入、减少雇员，被裁员工的消费下降，导致企业利润率受到挤压，于是进一步采用AI，如此循环往复。 Citrini Research报告发布后，LionTrust基金经理Clare Pleydell-Bouverie介绍她对市场担忧的看法。 由Citrini引发的一部分市场焦虑已开始缓和。全球股市回升也受到Anthropic PBC表态的帮助：该公司称计划建立合作伙伴关系，暗示其Claude聊天 机器人 将更多与现有企业“融合”，而非取而代之。 城堡证券引用了圣路易斯联储的调查，以及所跟踪的劳动力市场指标称，现有数据几乎看不到AI驱动的广泛劳动力冲击迹象。其宏观策略师Frank Flight表示，软件工程师这一被视为易受自动化影响的岗位，最近数月招聘信息反而跃升；在AI相关数据中心项目建设热潮带动下，建筑业招聘也似乎正在回升。 他表示，与其替代人类劳动者，“AI更可能在许多领域成为劳动力的补充”，类似以往的技术革命。Flight称，要把这场辩论放在正确的框架下，不妨问一句：微软Office的出现，对办公室职员而言是“补充”还是“替代”？ Liontrust Global Innovation团队联席主管、基金经理Clare Pleydell-Bouverie也呼应了这一观点。她表示，新技术会淘汰一些工作，但也会创造新的岗位。她说，在硅谷，当下已经出...

根据圣埃斯皮里图州政府消息，去年8月在巴西启用首家工厂的 长城汽车 将在该州建立第二家工厂。 该工厂将位于Aracruz工业园区，年产能为20万辆汽车，并配备完整的生产流程。 根据圣埃斯皮里图州政府的声明，长城汽车巴西公司负责机构事务的主管Ricardo Bastos说：“我们在圣埃斯皮里图州发现了实现竞争力的理想条件，而竞争力正是该品牌DNA的一部分。” 责任编辑：丁文武

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在因技术问题短暂停盘后，芝商所的主要天然气期货和期权合约已恢复交易。这是其约一个月内的第二次交易中断。 芝商所称此次停盘持续约35分钟。当日正值3月美国天然气期货合约到期。该交易所Globex平台上的金属交易亦受到影响。芝商所表示，上述金属合约于美国中部时间下午1：45重开。 芝商所未就此次技术故障的具体原因置评。 1月27日，天然气期货创纪录飙升，芝商所旗下的纽约商业交易所在收盘时实施了非同寻常的2分钟交易暂停，导致结算价格出现偏差，令交易员感到困惑。 竞争对手洲际交易所的天然气期货交易未受影响。 MKS PAMP SA金属策略主管Nicky Shiels表示，在市场临近收盘时“突然冻结是个糟糕的时机。所有利用期货进行定价和对冲的人都会受到影响。” 责任编辑：丁文武

Apple Inc.: A Deep Dive into the World’s Most Influential Stock vocal.media