Bulls Roll On; Netflix Dives Late Investor's Business Daily

Herrington, Amazon CEO, sells $5.02m in AMZN stock Investing.com

Ample supply buffers US cargoes from price shock as Europe, Asia prices surge Reuters

jpa1999/E+ via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist The Gabelli Dividend & Income Trust ( GDV ) closed-end fund has been one of my longer-term holdings. It is a relatively plain vanilla equity-focused fund that primarily invests with a tilt toward more value-oriented holdings. In our previous update , we touched on the potential for the Gabelli Preferred Securities Trust (GPS) spin-off, a preferred-focused CEF. There is only some news on that front, but nothing too definitive yet. Instead, more interesting recent events are a contested proxy. We had also noted that Saba Capital Management held a position in this fund, and it made this a prime candidate as an activist target given its rather persistent discount to net asset value. GDV Basics 1-Year Z-score: 0.68 Discount/Premium: -10.61% Distribution Yield: 6.58% Expense Ratio: 1.54% Leverage: 15.21% Managed Assets: $3.184 billion Structure: Perpetual GDV is described as "a diversified, closed-end management investment company whose objective is to provide a high level of total return." Their investment policy is: under normal market conditions, the Fund invests at least 80% of its assets in dividend-paying or other income-producing securities. In addition, under normal market conditions, at least 50% of the Fund's assets will consist of dividend-paying equity securities." Given the fund is leveraged, that increases the overall volatility of the fund and therefore risks to the downside—though the positive is also further potential upside. At the same time, it also means greater expenses. When including the leverage expenses, the total expense ratio comes in at 1.84%. The fund's leverage is in the form of fixed-rate preferred offerings. Two of these are publicly traded as ( GDV.PR.H ) and ( GDV.PR.K ). GDV Capital Structure (Gabelli) Discount Remains Appealing With Some Further Activist Pressure Along with the broader market, GDV has sold off quite heavily recently but is still up tre...

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.26%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.49%. June E-mini S&P futures (ESM26 ) rose +0.23%, and June E-mini Nasdaq futures...

① 时间待定 2026中国人形机器人生态大会开幕； ② 09:30 群核科技、长光辰芯港股挂牌交易； ③ 17:00 欧元区2月贸易帐，英国央行副行长Sarah Breeden在美国华盛顿特区讲话； ④ 20:00 英国央行首席首席经济学家Huw Pill在华盛顿特区讲话； ⑤ 23:30 美国旧金山联储主席戴利（2027年FOMC票委）讲话； ⑥ 次日00:15 美国里士满联储主席巴尔金谈论经济前景； ⑦ 次日01:00 加拿大央行行长Macklem讲话； ⑧ 次日02:00 美联储理事沃勒谈论经济前景； ⑨ 周六开始 美联储进入与4月FOMC货币政策会议相关的噤声期； 微信小程序搜索“见闻历”，了解更多。

CNBC's Jim Cramer said Wednesday that signs of excessive speculation are creeping back into the market, echoing patterns that previously led to painful losses for investors . "Remember what happened last year when speculative stocks took over the market," the "Mad Money" host said, pointing to a wave of speculative companies that surged on hype before they ultimately capsized, taking their investors down with them. After a powerful broader market rally in recent weeks, Cramer said he believes enthusiasm may be starting to outpace discipline. "They think that anything they buy goes higher … They have lost all discipline and they are cocky," Cramer said. That do-no-wrong mindset, he cautioned, is pushing money back into the same high-risk corners of the market that caused trouble before, specifically unprofitable nuclear power startups, quantum computing plays, and space-related stocks. Those themes have long-term potential, Cramer acknowledged. However, he said he's concerned that many of the smaller, pure-play names lack viable business models today. For investors who nevertheless crave exposure to those industries, Cramer recommended owning shares in established companies that have complementary business lines and real earnings, rendering them less speculative. Nuclear energy is "not a great business," Cramer contended, because building nuclear plants from scratch is costly and takes too long. He highlighted companies like Constellation Energy and GE Vernova as more credible ways to gain exposure, citing their experience and scale. Constellation Energy is a diversified energy provider with a strong nuclear fleet alongside hydro, wind and solar assets. GE Vernova builds gas turbines and grid infrastructure and has a nuclear joint venture with Japan's Hitachi. For quantum computing, Cramer said the only "viable" businesses currently belong to larger firms such as software and computing giant IBM and industrial conglomerate Honeywell , rather than smaller companies th...

Broadcom (AVGO.US) has set a record for the longest consecutive gains in nearly two and a half years, with its share price approaching an all-time high. Moomoo

Broadcom (AVGO.US) has set a record for the longest consecutive gains in nearly two and a half years, with its share price approaching an all-time high. 富途牛牛

Press Release: Goldman, Wyden, and Velázquez Lead Call for Transparency Regarding ICE's Use of Palantir Technologies Quiver Quantitative

周四（4月16日）纽约尾盘，现货黄金跌0.04%，报4788.96美元/盎司，亚太早盘显著走高，北京时间08：40达到4837.68美元，日内大部分时间持稳于4820美元附近。 COMEX黄金期货跌0.26%，报4810.50美元/盎司，13：06也曾刷新日高至4861.30美元。 现货白银跌0.69%，报78.4150美元/盎司，北京时间13：30刷新日高至80.8585美元，22：00之前短线显著跳水。 COMEX白银期货跌1.49%，报78.455美元/盎司。 COMEX铜期货跌0.73%，报6.100美元/磅。 现货铂金跌1.07%，现货钯金跌0.88%。 责任编辑：丁文武

Money News Network (MNN), a leading podcast-first financial media network, today announced a partnership with Entrepreneur to collaborate on distribution, growth, and audience development for Entrepreneur's top podcasts including "Problem Solvers," and "How Success Happens."

At a congressional hearing on Capitol Hill on Thursday, lawmakers and experts accused China of buying “what they can” and stealing “what they cannot” in the global artificial intelligence (AI) race, while warning the United States’ immigration and research policies could be hindering innovation necessary to stay ahead. “The pattern is clear. China is dependent on our tech stack to continue their AI development. China is willing to buy what they can, and steal what they cannot, to advance their...

M. Suhail/iStock Editorial via Getty Images April 16th ended up being a pretty positive day for shareholders of KeyCorp ( KEY ). Before the market opened, management announced financial results covering the first quarter of the company's 2026 fiscal year. Revenue and earnings per share both came in above what analysts were anticipating, which pushed the stock price up a little bit during the trading day. Fundamentally speaking, the company is actually doing quite well. However, I wouldn't exactly call it a phenomenal prospect. Back in January of this year, I wrote my first-ever article about the institution. And what I found was that, even though it is a solid operator that has achieved attractive financial performance, it was far from a value play. The newest data provided by management shows that perhaps it is more attractive than I previously thought it would be. But that doesn't necessarily make it a compelling prospect. Right now, I would argue that the institution is more of a fair value prospect than it is something that's undervalued, but if we can see one or two additional quarters of strong performance, my assessment of the matter could change. For now, out of an abundance of caution, I believe that assigning it a Hold rating makes sense. And honestly, that has played out well so far. You see, whenever I rate a company a Hold, I am making the claim that the stock should perform more or less along the lines of the broader market for the foreseeable future. And since rating it back in January, the stock has risen 3.8%, almost perfectly matching the 3.5% rise that the S&P 500 ( SP500 ) saw. I would imagine that, for now, that relationship will remain intact. A Great Quarter On almost every metric, the first quarter of the 2026 fiscal year was a good time for KeyCorp. But there were a couple of weak spots. For starters, deposits for the institution came in at $147.82 billion. That was down from the $148.71 billion that the institution reported for the end of 2...

pixelfit/E+ via Getty Images Mount Logan Capital ( MLCI ) is a US-listed alternative asset manager and insurance solutions platform trading at ~$4.00/share, or roughly 0.6x post-tender book value. The asset management segment generates $8.5m in annual Fee-Related Earnings (“FRE”) on $2.1B AUM. Two recently announced growth initiatives create a path toward a $12m run-rate FRE in 2026, yet the entire company trades near a $45m market cap. Today I’m going to examine why the stock trades at the current price and how the setup looks moving forward. The Setup I focus on unloved micro-caps where the story is messy enough to repel generalist capital but progressing towards simplification. After a noisy debut, I think MLCI fits the bill. MLCI is an alternative asset management and insurance solutions company. It operates through two wholly owned subsidiaries : Mount Logan Management LLC, which manages ~$2B in private credit strategies, and Ability Insurance Company, which reinsures Multi-Year Guaranteed Annuities (“MYGA”) along with a legacy block of long-term care policies. The company became a US-listed entity on Nasdaq on Sep-25 following its merger with 180 Degree Capital (fka TURN) and trades under the MLCI ticker. In the short window since September, the stock has been obliterated, and perhaps for good reason. First, the proration avalanche. Mount Logan ran a $15m self-tender at $9.43/share in early 2026, which was a precondition to the closing of their merger with TURN. The offer was oversubscribed by more than 3.5x, with a final proration factor of just 28%. Roughly 72% of tendered shares were therefore returned to holders, some of whom then sold into the open market on a stock trading less than 100k shares/day. Forced selling is not fundamental selling and is usually a good opportunity for discerning stock pickers. Second, sector contagion. The tender rejection wave coincided with horrid private credit sentiment: Blue Owl ( OWL ) gating, FS KKR ( FSK ) cutting its d...

A股民营上市公司正展现出强劲的增长韧性与发展活力。数据显示，截至4月16日19时，A股已有1520家民营企业披露2025年年报，其中1203家实现盈利，占比接近八成。机械设备、电子、电力设备、医药生物、基础化工等领域盈利公司数均破百家，多家龙头公司业绩再创新高。从增长态势看，上述1520家上市民企中，663家实现净利润同比正增长，99家净利润增长幅度超过100%，另有106家实现扭亏。机械设备、电子、电力设备行业公司成为增长主力。（上证报）

What to Expect From Nvidia in the Coming Months? Taiwan Semiconductor Just Offered Investors a Clue. AOL.com

What to Expect From Nvidia in the Coming Months? Taiwan Semiconductor Just Offered Investors a Clue. Yahoo Finance

Key PointsTSMC reported record profit for the first quarter of this year.

California Offering Taxpayer-Funded Gender Surgeries To Homeless, Illegal Immigrants: Report Authored by Luis Cornelio via Headline USA , The California government may struggle to provide basic housing for the homeless, but it appears willing to fund gender-transition procedures with taxpayer dollars, including illegal aliens, according to a new report. A Wednesday report from City Journal found that San Francisco homeless shelters, with the assistance of state and local governments, are facilitating transgender surgeries for males who identify as female. One such shelter, St. Vincent de Paul’s MSC-South , entered into a $66 million contract with the city to house homeless individuals, including illegal aliens . A pair of Honduran nationals living at the shelter, Lyca and Alondra, reportedly identify as transgender, and both said they receive Medi-Cal, California’s taxpayer-funded Medicaid program. According to City Journal, the taxpayer-funded program covers transgender procedures, or “gender-affirming care,” and provides “full-scope” coverage to illegal aliens. Lyca, who reportedly showed signs of a sex change, said he is receiving cross-sex hormone therapy. Meanwhile, Alondra, who appeared more masculine in physique, said he entered the U.S. illegally after claiming asylum. A translator told City Journal that Alondra declined a housing offer due to affordability concerns, though the government offered to pay one month’s rent. Another shelter, the Embarcadero SAFE Navigation Center, reportedly houses a transgender-identifying individual named Jacqueline. Originally from Mexico, Jacqueline told City Journal that illegal aliens reside at the shelter and said he received breast implants through Medi-Cal. Jacqueline claimed to be a permanent resident but acknowledged that the program also covers procedures for illegal aliens. “Even though you’re undocumented, you can get them,” he stated, as quoted by City Journal. “You have to have a process, the hormones … go throug...