TORONTO, March 28, 2026 (GLOBE NEWSWIRE) -- (TSX: CBNK) Mulvihill Canadian Bank Enhanced Yield ETF (the “Fund”) announces results of operations for the year ended December 31, 2025. Increase in net assets attributable to holders of units amounted to $47.04 million or $3.75 per unit. As at December 31, 2025, net assets attributable to holders of units were $130.48 million or $11.86 per unit. Cash d...
TORONTO, March 28, 2026 (GLOBE NEWSWIRE) -- (TSX: CBNK) Mulvihill Canadian Bank Enhanced Yield ETF (the “Fund”) announces results of operations for the year ended December 31, 2025. Increase in net assets attributable to holders of units amounted to $47.04 million or $3.75 per unit. As at December 31, 2025, net assets attributable to holders of units were $130.48 million or $11.86 per unit. Cash distributions to unitholders totaling $8.67 million or $0.70 per unit were paid during the year.
mesh cube/iStock via Getty Images Micron Technology ( MU ) has bucked the trend gaining 4.9% since my last report while the S&P 500 lost 8.3%. The company is seeing strong growth in sales driven by robust pricing in DRAM as well as NAND driven by robust AI demand. The stock, however, retreated 24% from its highs amid broader concerns on AI investments. From fundamental perspective, I believe that ...
mesh cube/iStock via Getty Images Micron Technology ( MU ) has bucked the trend gaining 4.9% since my last report while the S&P 500 lost 8.3%. The company is seeing strong growth in sales driven by robust pricing in DRAM as well as NAND driven by robust AI demand. The stock, however, retreated 24% from its highs amid broader concerns on AI investments. From fundamental perspective, I believe that there was 13% upside to $382.41 bases on earnings expectations for FY27 and 25% to $420.34 bases on earnings expectations for FY28. So, the stock ran substantially ahead of itself in my view. In this report, I discuss the company’s Q2 2026 earnings and update my price target. Sales And Margins Surge On Broad-Based Pricing Strength The second quarter results surpassed analyst revenues by a staggering $4.1 billion putting on display AI driven volume and pricing strength for memory in NAND and DRAM technology with a substantial increase in gross, profit and net income margins. Micron Technology Second quarter revenues rose 75% sequentially and 196% year-over-year to $23.9 billion. Nearly 80% of the revenues or $18.8 billion came from DRAM including high bandwidth memory with $5 billion coming from NAND revenues as SSD demand has substantially increased. The sequential volume uplift was not spectacular with bit shipments up mid-single digits for DRAM and low-single digits for NAND. It shows that sequentially pricing power substantially increased. DRAM pricing was up mid-60% while NAND was up high-70%. That tells us the story of supply chain constraints boosting pricing power for Micron. Cloud Memory revenues grew 46.7% sequentially and 163% year-on-year to $7.75 billion with gross margins rising 8 points sequentially and 19 points year-on-year to 74% with an 11 points sequential and 21 points year-on-year lift in operating margins to 66%. Core Data Center as the pure AI/data center segment saw 139% growth sequentially and 210% growth year-on-year to $5.7 billion with gross marg...
mesh cube/iStock via Getty Images Micron Technology ( MU ) has bucked the trend gaining 4.9% since my last report while the S&P 500 lost 8.3%. The company is seeing strong growth in sales driven by robust pricing in DRAM as well as NAND driven by robust AI demand. The stock, however, retreated 24% from its highs amid broader concerns on AI investments. From fundamental perspective, I believe that ...
mesh cube/iStock via Getty Images Micron Technology ( MU ) has bucked the trend gaining 4.9% since my last report while the S&P 500 lost 8.3%. The company is seeing strong growth in sales driven by robust pricing in DRAM as well as NAND driven by robust AI demand. The stock, however, retreated 24% from its highs amid broader concerns on AI investments. From fundamental perspective, I believe that there was 13% upside to $382.41 bases on earnings expectations for FY27 and 25% to $420.34 bases on earnings expectations for FY28. So, the stock ran substantially ahead of itself in my view. In this report, I discuss the company’s Q2 2026 earnings and update my price target. Sales And Margins Surge On Broad-Based Pricing Strength The second quarter results surpassed analyst revenues by a staggering $4.1 billion putting on display AI driven volume and pricing strength for memory in NAND and DRAM technology with a substantial increase in gross, profit and net income margins. Micron Technology Second quarter revenues rose 75% sequentially and 196% year-over-year to $23.9 billion. Nearly 80% of the revenues or $18.8 billion came from DRAM including high bandwidth memory with $5 billion coming from NAND revenues as SSD demand has substantially increased. The sequential volume uplift was not spectacular with bit shipments up mid-single digits for DRAM and low-single digits for NAND. It shows that sequentially pricing power substantially increased. DRAM pricing was up mid-60% while NAND was up high-70%. That tells us the story of supply chain constraints boosting pricing power for Micron. Cloud Memory revenues grew 46.7% sequentially and 163% year-on-year to $7.75 billion with gross margins rising 8 points sequentially and 19 points year-on-year to 74% with an 11 points sequential and 21 points year-on-year lift in operating margins to 66%. Core Data Center as the pure AI/data center segment saw 139% growth sequentially and 210% growth year-on-year to $5.7 billion with gross marg...
The latest leg of Manchester City’s victory lap took them to Old Trafford and they did not simply show Manchester United why they are going to become the Women’s Super League champions. They tore them apart in the process. The away side’s symbolic 3-0 win at the home of their embarrassed neighbours demonstrated their vast superiority, and perhaps the only surprising thing was that they did not sco...
The latest leg of Manchester City’s victory lap took them to Old Trafford and they did not simply show Manchester United why they are going to become the Women’s Super League champions. They tore them apart in the process. The away side’s symbolic 3-0 win at the home of their embarrassed neighbours demonstrated their vast superiority, and perhaps the only surprising thing was that they did not score more than Vivianne Miedema’s two headers and Kerstin Casparij’s far-post finish from a Lauren Hemp cross. It could easily have been five or six, with Hemp hitting the bar before a disallowed Rebecca Knaak goal, which left everybody in the stadium confused, in a first half when the visitors carved open the home defence with ease. Continue reading...
Aggrieved side make stand before Peru match in Paris ‘We know we’re African champions,’ says head coach Senegal, who won the Africa Cup of Nations title in a controversial final against hosts Morocco in January, only to be stripped of their victory earlier this month, paraded the trophy before a friendly on Saturday against Peru at the Stade de France in Paris. Kalidou Coulibaly, the Senegal capta...
Aggrieved side make stand before Peru match in Paris ‘We know we’re African champions,’ says head coach Senegal, who won the Africa Cup of Nations title in a controversial final against hosts Morocco in January, only to be stripped of their victory earlier this month, paraded the trophy before a friendly on Saturday against Peru at the Stade de France in Paris. Kalidou Coulibaly, the Senegal captain, and his teammates came out on to the pitch with the Afcon trophy for a lap of honour after a pre-match concert by the Senegalese singer Youssou N’Dour. Continue reading...