(RTTNews) - Cogent Communications Holdings, Inc. (CCOI), a facilities-based provider, announced on Tuesday that its subsidiary, Cogent Fiber, LLC, has agreed to sell 10 data center facilities in the United States to a newly formed entity sponsored by I Squared Capital for $225 million in cash. The deal covers facilities owned by Cogent's indirect wholly owned subsidiary, Cogent Fiber LLC located in Phoenix, AZ, Anaheim, CA, Burbank, CA, Stockton, CA, Atlanta, GA, Chicago, IL, Elkridge, MD, Kansas City, MO, Nashville, TN and Houston, TX. Cogent, a Nasdaq-listed internet service provider, said the transaction is expected to close on the later of June 12, and the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. The company did not disclose how it would use proceeds from the sale or provide details on the new I Squared Capital-backed entity acquiring the assets. In pre-market activity on NYSE, shares of Cogent were up 7.98 percent, changing hands at $19.61, after closing Monday's regular session 1.14 percent lower. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Intel has been making a lot of noise about its upcoming 14A process, and for good reason. It is expected to be one of the biggest tests of whether the company can turn its future chip roadmap into the advantage it needs to regain momentum against AMD. Now, new information from Commercial Times suggests AMD may already be preparing its answer. The company’s future Zen 7 processors are said to be planned around TSMC’s A14 node, which could let it meet Intel’s 14A push head-on. What is AMD planning for Zen 7? This is not about the current Ryzen lineup. AMD’s present Zen 5 CPUs are built on TSMC’s 4nm process, while the next major jump is expected with Zen 6 on TSMC’s N2 node. Zen 7 would come after that, so this is still a few years away, not a near-term upgrade path for anyone shopping for a CPU right now. Even so, these early details help show what future Ryzen upgrades could eventually look like. TSMC has said its A14-class process is aimed at 2028 volume production, and the report links AMD’s Zen 7 plans to that window. It also claims AMD is evaluating Powertech’s fan-out panel-level packaging (FOPLP). FOPLP is an advanced packaging method that can help fit more complex chiplet designs into a smaller and potentially more cost-efficient package. Recommended Videos On top of that, the rumored Zen 7 CCD could scale to 16 cores for the flagship model, with future 3D V-Cache variants potentially reaching up to 224 MB of L3 cache per CCD. That would make Zen 7 a major chiplet and cache upgrade, assuming these early claims hold. Why does Intel’s roadmap make this more interesting? Intel’s future roadmap is the reason AMD’s A14 move becomes more interesting. The current Core Ultra Series 3 mobile CPUs use Intel 18A, and the upcoming Core Ultra 400 series is expected to remain on the same process. Intel’s next major step is 14A. Previous reports say that Intel has already begun development on 10A and 7A process technologies. CEO Lip-Bu Tan said the 14A process design kit 0....

wavemovies/iStock Editorial via Getty Images Wix ( WIX ) just went through a weird patch. Shares are down about 63% since my last Hold call. The company has been rolling out a bunch of new platform features, a lot of them AI-driven and they’re finally seeing some of that pay off. Still, that didn’t stop investors from reacting badly to their latest numbers and the company’s cost base still appears to be in shifting after reported job cuts, while its 2026 outlook still calls for mid-teens growth and high-teens free cash flow margin excluding acquisition costs. Revenue for the latest quarter came in at $541.2 million, up 14% from last year. ARR hit $1.903 billion, up 15%. Creative Subscriptions brought in $382.4 million (13% higher), Business Solutions pulled $158.8 million (up 17%), transaction revenue hit $70.0 million (up 19%) and Partners revenue hit $203.4 million (up 19%). Operating cash flow was $78.5 million. Free cash flow landed at $75 million; if you back out the costs from acquisitions, adjusted FCF would have been $112.3 million, about 21% of sales for the quarter. So, the business is still generating cash, even though Wall Street was let down on both revenue and earnings . That disappointment tanked the stock by about 30% and was followed by reported job cuts affecting about 20% of the staff. WIX Valuation Reset Wix used to look pricey. Shares traded at more than 20x earnings, which only made sense if you thought the company could keep up strong growth, especially since investors were expecting record free cash flow in 2025 and a continued push into bigger enterprise and agency accounts. With the stock punished like this, that old view actually seems cautious. ARR is still moving up fast, cohort bookings are strong (new Q1 2026 cohort bookings were up 46% year over year), so the company’s still got momentum. But the big drop in share price says the market isn’t just worried about them hitting a short-term speed bump. Investors clearly doubt whether Wix c...

小米集團-W(01810)發佈第一季度業績，總收入991億元全球智能手機出貨量連續23個季度排名全球前三作者智通財經 Investing.com 香港 - 股市報價& 財經新聞

A portfolio of Zacks #1 Rank (Strong Buy) stocks has outperformed the S&P 500 index by almost 8 percentage points this year. Through May 5, the Zacks #1 Rank portfolio returned +13.14%, which compares to +5.19% for the S&P 500 index and +7.76% for the equal-weight version of the index. Zacks Rank, our short-term rating system, has earnings estimate revisions at its core. Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Another stock, Legacy Housing Corporation LEGH, which was upgraded to a Zacks Rank #2 on March 19, has returned 18% (versus the S&P 500’s 13% increase) since then. Shares of ORIX Corporation IX have gained 30.3% (versus the S&P 500’s 14.2% increase) since it was upgraded to a Zacks Rank #2 (Buy) on March 25. Here are some of our key achievements: As usual, Zacks Research guided investors over the past three months with its time-tested methodologies. Given the prevailing market uncertainty, you may want to look at our feats to prepare better for your next action. Regardless of market conditions, we, here at Zacks, provide investors with unbiased guidance on how to beat the market. Economic data indicated a mixed picture of the economy. Initial jobless claims fell to 209,000, signaling continued strength in the labor market, while continuing claims edged up slightly to 1.78 million. Meanwhile, U.S. crude oil inventories fell sharply by 7.9 million barrels, reflecting strong demand. The Philadelphia Fed manufacturing index declined significantly in May, slipping to -0.4 from 26.7 in April, indicating a contraction in manufacturing conditions. Overall, the economy remained resilient, but inflation concerns and geopolitical uncertainty remain key concerns for investors. Driven by hopes of a U.S.-Iran diplomatic breakthrough, Brent crude fell from above $109 to nearly $102 by Thursday. This eased supply fears and initially lifted markets. But investor sentiment remained cautious...

Umbrella shade and an evacuation zone: photos of the day – Tuesday The Guardian’s picture editors select photographs from around the world Anaheim, US A police checkpoint enforces a road closure at an evacuation zone boundary in California. Photograph: Jae C Hong/AP

tunart April Chicago Fed National Activity Index: +0.14 vs. -0.15 in March (revised from -0.20) and -0.10 consensus, the Federal Reserve Bank of Chicago said on Tuesday. CFNAI is a monthly index that tracks overall economic activity and inflationary pressures. Two of the four broad categories of indicators used to construct the index increased from March, and two categories made positive contributions in April. CFNAI three-month average: +0.03 vs. -0.02 prior (revised from -0.03). The CFNAI Diffusion Index, a three-month moving average, increased to +0.06 in April from +0.03 in March. Forty-seven of the 85 individual indicators made positive contributions to the CFNAI in April, while 38 made negative contributions. Production-related indicators contributed +0.18 to the CFNAI in April, up from -0.13 in March. The sales, orders, and inventories category's contribution was +0.02 in April, up from -0.03 in March. Employment-related indicators contributed -0.02, down from a neutral value. The personal consumption and housing category's contribution was -0.04, down from a neutral value. More on U.S. Economy Kevin Warsh is sworn in as Federal Reserve chair Leading indicator index unexpectedly rises in April Consumer sentiment revised lower in May, sliding to a record trough (updated)

据知情人士透露，以色列正敦促美方将以色列在黎巴嫩境内的行动自由纳入拟议中的伊美和平协议。此举恐让谈判再添新分歧，而伊朗方面坚持，任何停火协议都必须同步终止黎巴嫩境内的战事。 今年3月初，真主党为声援其背后的伊朗势力参战，以色列随即出兵入侵黎巴嫩，并加大对当地这支武装组织的打击力度。由于黎以冲突恐破坏美伊之间本就脆弱的停火局面，特朗普政府于4月推动黎以双方停火。 尽管以色列与黎巴嫩已达成停火共识，但以军和真主党之间的交火仍未中断。以色列军方称，其连夜打击了黎巴嫩南部超100个真主党目标。真主党愈发频繁使用第一视角自杀式无人机——这类造价低廉、杀伤力极强的装备也曾在乌克兰战场被广泛使用，不仅给以色列造成巨大防务压力，还造成以军士兵伤亡。以色列希望将清剿真主党的军事行动，与当前伊美磋商的和平协议剥离开来，以便彻底消除其口中北部地区面临的安全威胁。 来自黎巴嫩方向的无人机袭击持续袭扰以军及以色列本土，以色列国内要求总理对真主党采取更强硬手段的呼声日渐高涨。 伊美协议框架大概率会包含黎巴嫩停火条款。以色列多名政界人士以及北部地区民众对此颇为不满，他们认为，受制于美方限制，以色列无法深入黎巴嫩腹地及贝鲁特对真主党展开强力清剿。 以色列国家安全部长周一表示：“我呼吁总理立刻致电特朗普，当面强硬表态。必须明确，以色列不会妥协，也不会一味隐忍。” 责任编辑：何云

Taiwan has overtaken India to become the world’s fifth largest stock market by value, as a rally in artificial intelligence-linked chip stocks lifted the island’s equity market above Indian shares. Taiwan’s total stock market capitalization rose to about $4.95 trillion on Monday, 25 May, compared with India’s $4.92 trillion, according to Bloomberg data. The US remained the world’s largest equity market, followed by China, Japan and Hong Kong. The shift has been driven largely by Taiwan Semiconductor Manufacturing Co. (TSMC), whose shares have climbed sharply this year as demand for advanced chips used in artificial intelligence systems continues to rise. TSMC accounts for a large share of Taiwan’s benchmark equity index, giving its rally an outsized effect on the country’s total market value. Taiwan’s rise also reflects a broader investor shift toward markets with deeper exposure to the AI supply chain. India’s equity market has come under pressure this year as benchmark indices weakened and foreign investors pulled money from local shares. The Nifty 50 and BSE Sensex were down 8.5% and 10.8%, respectively, in 2026, while foreign investors had sold $24.18 billion of Indian equities so far this year. The change in rankings marks a reversal for India, which had benefited in recent years from strong domestic inflows, economic growth and foreign investor interest. But the global AI trade has favored Taiwan, South Korea and other technology-heavy markets more directly linked to chip manufacturing and AI infrastructure. Taiwan had already moved past Canada and the UK this year in global stock market rankings, helped by the strength of TSMC and other technology shares. The latest move above India places it behind only the US, China, Japan and Hong Kong by equity market value. The ranking could continue to shift with currency movements, market gains and foreign fund flows. But Taiwan’s move above India underlines how the AI boom is reshaping global equity market leadership,...

格隆汇5月26日｜1. 美国三大股指期货齐涨，纳指期货涨1.13%，标普500指数期货涨0.71%，道指期货涨0.56%。 2. 欧股主要指数涨跌不一，德国DAX指数跌0.48%，英国富时100指数涨0.48%，法国CAC指数跌0.72%，欧洲斯托克50指数跌0.61%。 3. 美军称发动“自卫性”空袭，伊朗：若战争重启将猛烈回击，并将阻止地区石油出口。 4. 贝莱德“唱反调”，预期在新任主席沃什领导下美联储或有充分理由降息而非加息。 5. 摩根大通预计标普500指数未来一年内将突破9000点，AI超级周期或比想象更牛。 6. ComputeX 2026即将开幕，黄仁勋、苏姿丰和陈立武先后抵台“密访”供应链。 7. SK海力士发布iHBM冷却方案，今日收涨5.7%创历史新高，年内累涨215%。 8. 德媒：欧盟计划对谷歌开出高达数亿欧元的巨额反垄断罚单。 9. 美国总统特朗普公开点名赞扬美光科技，期权巨鳄疑“提前布局”。 10. 美光CEO：内存短缺或持续至2026年后，新产能2028年才能大规模释放。 11. 英国石油以“严重”治理关切为由免去Albert Manifold的董事长及董事职务。 12. 礼来据报拟斥资近40亿美元收购三家疫苗研发企业。 13. 阿里云面向海外市场发布全新AI产品官网Qwen Cloud、Agent产品MuleRun等。 14. 优步考虑提高对Delivery Hero的收购报价，此前115亿欧元出价遭拒。 15. 法拉利首款电动车Luce亮相，起售价为55万欧元(约合435万元)。 16. Zoom对AI新创企业Anthropic的早期投资已带来超十亿美元回报。 17. 标普全球评级：鉴于非内地业务持续增长，预期富途未来两年的业务流仍将保持平稳。 业绩公告： 1. 名创优品Q1收入56.88亿元，同比增长28.5%；净利润12.48亿元，同比增长199.7%；门店总数达8565家，同比净增797家。 2. 小马智行Q1 Robotaxi业务创下单季收入新高达5912万元，同比增长395.4%；上调全年收入与车队规模目标。 美股时段值得关注的事件： 21:00 美国3月FHFA房价指数月率/美国3月S&P/CS20座大城市未季调房价指数年率 22:00 美国5月谘商会消费者信心指数 22:30 美国5月达拉斯联储商业活动指数 (格隆汇...

飞亚达公告，副总经理李明持有公司A股16.01万股，占公司总股本0.0395%，计划自本公告披露之日起15个交易日后的3个月内（2026年6月18日至2026年9月17日），通过集中竞价减持不超过40022股，占0.0099%。减持原因为个人资金需求，股份来源为二级市场增持股份及限制性股票已解锁股份。

Kenya plans 100 billion shillings ($772 million) of green bonds to boost agricultural production, climate resilience and competitiveness. The National Treasury will issue the agri-bonds by the end of next year for sustainable projects like solar-powered cold chains, regenerative farming, parametric insurance and climate adaptation, according to the Agriculture Ministry’s website. The East African nation will leverage carbon credit revenues to back the bonds and target institutional investors and diaspora funds. Maturities will range between five to 10 years at interest rates of 4% to 6%. Agriculture, the mainstay of Kenya’s economy, makes up more than a fifth of output and employs over 60% of the population, especially in rural areas. Despite its key role, public investment in the sector has historically been insufficient, averaging only 2.8% of the national budget, below the 10% threshold agreed by African nations, according to the ministry. Kenya is now mobilizing private capital to bridge the agricultural funding shortfall of about 300 billion shillings “stemming from conservative public budget forecasts and unconfirmed donor pledges.” “The low level of public investment in the agri-food system has kept challenges alive, including low productivity, vulnerability to climate shocks, and limited market access, especially for small-holder farmers, who make up most producers,” it said. Sign up here for the daily Next Africa newsletter and subscribe to the Next Africa podcast on Apple , Spotify or anywhere you listen .

宝鼎科技公告，公司股票于2026年5月25日、5月26日连续2个交易日内日收盘价格涨幅偏离值累计超过20%，属于股票交易异常波动情形。公司覆铜板产品主要为玻纤布基覆铜板及复合基覆铜板等常规产品，公司无AI覆铜板，未发现在AI服务器及算力领域的应用，目前未有高速覆铜板M7和M9产品销售，无相关订单和营业收入。

今日聚焦 【兆易创新：在5月11日至5月25日期间 第一大股东朱一明累计减持公司股份632.99万股】 兆易创新(603986.SH)公告称，公司于2026年5月26日收到股东朱一明发来的《关于权益变动比例触及1%刻度的告知函》，在2026年5月11日至2026年5月25日期间，朱一明通过集中竞价和大宗交易方式累计减持公司股份632.99万股，占公司总股本的0.90%。本次权益变动后，朱一明及其一致行动人香港赢富得有限公司的合计持股比例由7.90%减少至7.00%，权益变动触及1%刻度线。小财注：截至5月7日，朱一明位列兆易创新第一大股东，持股比例为6.04%。 【深科技：子公司拟扩大高端存储芯片封测产能 项目计划总投资14.7亿元】 深科技(000021.SZ)公告称，公司全资子公司深圳沛顿及控股子公司合肥沛顿存储拟实施高端存储芯片封测产能扩充项目，计划总投资14.7亿元，用于购置高端芯片测试机、高精度晶圆研磨一体机等设备、厂房装修及配套动力设施等，项目建成达产后，深圳沛顿预计每月增加封装产能500万颗晶粒及测试产能800万颗芯片；合肥沛顿存储预计每月增加封装产能2,880万颗晶粒。 【盛视科技：全资子公司签署60亿元算力产业合作协议】 盛视科技(002990.SZ)公告称，公司全资子公司深圳市盛视技术有限公司近日与某公司签署《算力产业合作协议》，双方围绕算电协同、AIDC智能算力中心运营、算力产业资源整合、算力服务采购交付四大核心维度开展深度战略合作，本次整体合作对应的业务体量折算合计约人民币60亿元。本次合作协议的签署是公司布局算力服务业务的重要里程碑，为公司算力服务业务增长提供有力支撑，推动算力服务业务成为公司业绩增长的全新引擎。 【仕佳光子：终止购买福可喜玛通讯公司事项】 仕佳光子(688313.SH)公告称，公司决定终止发行股份及支付现金购买东莞福可喜玛通讯科技有限公司股权并募集配套资金事项。因交易各方未能就交易方案、交易价格、业绩承诺等关键事项达成一致，为维护公司及投资者利益，经审慎研究后终止。公司承诺自披露之日起至少1个月内不再筹划重大资产重组。目前公司生产经营正常，本次终止不会对财务状况造成重大不利影响。 【林州重机：因涉嫌信息披露违法违规 证监会决定对公司立案调查】 林州重机(002535.SZ)公告称，公司于2026年5月26日收到中国证券监督...

Rani Therapeutics ( RANI ) announced on Tuesday it had entered into a securities purchase agreement for a registered direct offering of 12.48M Class A shares at $1.07 per share and 6.21M pre-funded warrants at $1.0699 each. Each pre-funded warrant carries an exercise price of $0.0001 per Class A share. H.C. Wainwright & Co. is acting as the lead placement agent for the offering. Closing of the deal is expected to take place on or near May 27, 2026. The company expects the financing to bring in about $20M in gross proceeds, excluding offering costs and fees. More on Rani Therapeutics Rani Therapeutics Holdings, Inc. (RANI) Q4 2025 Earnings Call Transcript Rani Therapeutics CFO Sanford to depart Rani Therapeutics GAAP EPS of -$0.04 in-line, revenue of $1.7M beats by $1.2M Seeking Alpha’s Quant Rating on Rani Therapeutics Historical earnings data for Rani Therapeutics

This article first appeared on GuruFocus. Micron Technology (MU, Financials) said it has started 1-alpha dynamic random access memory manufacturing at its Manassas, Virginia, plant, strengthening its U.S. production footprint as demand for memory chips rises across artificial intelligence, cloud computing and advanced data centers. The launch gives investors another sign that memory demand is becoming more closely tied to the AI infrastructure cycle. DRAM is a key part of modern computing systems, helping support data-heavy workloads used in AI models, servers, PCs and smartphones. Micron Chairman and CEO Sanjay Mehrotra is expected to attend a ceremony marking the start of production, along with U.S. Commerce Secretary Howard Lutnick, U.S. Trade Representative Jamieson Greer and several federal and Virginia lawmakers. Shares of Micron rose in early trading Friday after the announcement. For investors, the Virginia production start is not just a manufacturing update. It shows Micron is working to add domestic capacity at a time when chip supply chains remain strategically important. The next test will be whether rising AI-related demand leads to stronger pricing, higher utilization rates and continued earnings growth over the coming quarters.

Micron Technology (MU, Financials) said it has started 1-alpha dynamic random access memory manufacturing at its Manassas, Virginia, plant, strengthening its U.S. production footprint as demand for memory chips rises across artificial intelligence, cloud computing and advanced data centers. The launch gives investors another sign that memory demand is becoming more closely tied to the AI infrastructure cycle. DRAM is a key part of modern computing systems, helping support data-heavy workloads used in AI models, servers, PCs and smartphones. Micron Chairman and CEO Sanjay Mehrotra is expected to attend a ceremony marking the start of production, along with U.S. Commerce Secretary Howard Lutnick, U.S. Trade Representative Jamieson Greer and several federal and Virginia lawmakers. Shares of Micron rose in early trading Friday after the announcement. For investors, the Virginia production start is not just a manufacturing update. It shows Micron is working to add domestic capacity at a time when chip supply chains remain strategically important. The next test will be whether rising AI-related demand leads to stronger pricing, higher utilization rates and continued earnings growth over the coming quarters.

Yields on U.K. government bonds fell to five-week lows on Tuesday as investor concerns about political developments eased and optimism for a U.S.-Iran peace deal helped scale back expectations for interest rate hikes. The yield on the benchmark 10-year bond, or gilt, stood at 4.85% on Tuesday, having eased by around 30 basis points in a relief rally on Friday. The interest rate on the 30-year gilt also fell over 30 basis points last week and continued easing on Tuesday to 5.552%. Yields spiked to multi-decade highs in recent weeks after a set of disastrous nationwide local election results for the governing Labour Party put Prime Minister Keir Starmer's premiership under pressure. Starmer has so far resisted calls to resign from almost 100 Labour MPs, but he now faces potential leadership challenges from several colleagues, including his former Health Secretary Wes Streeting, his former deputy Angela Rayner and Greater Manchester Mayor Andy Burnham. The uncertainty in British politics has put bond markets on edge as investors consider whether a new PM will loosen self-imposed fiscal rules limiting borrowing and spending. Before potentially ousting Starmer, prediction markets' favorite Burnham must first win a by-election in Makerfield scheduled for June 18 to become a Member of Parliament. Stock Chart Icon Stock chart icon Gilt yields have come under pressure amid inflationary fears and political instability But Starmer remains in charge for the immediate future and his potential challengers have dismissed expectations that they would loosen the U.K.'s fiscal purse strings, helping to ease investor concerns. Yields have also calmed as optimism over a potential peace deal between the U.S. and Iran and a rapid reopening of the Strait of Hormuz, which, if agreed, would lessen inflationary pressures and reduce the likelihood of interest rate hikes in future. Gilts tracked euro zone bonds lower upon returning from the bank holiday, with German 2-year Bund yields having f...

BING-JHEN HONG/iStock Editorial via Getty Images Nvidia Corporation’s ( NVDA ) earnings looked almost impossible to criticize at first glance. Q1 FY’27 revenue exploded. Data Center demand stayed exceptional. Management guided for another massive sequential step-up next quarter. And yet, the real question is whether the market is underestimating how long this AI infrastructure cycle can last, or overestimating how clean the next phase will be. That’s where the report is perplexing. Blackwell is still ramping, Vera Rubin is already being positioned as the next major growth platform, and management is talking about multi-year demand visibility. But China remains a drag, customer concentration is high, and Nvidia’s largest buyers are likely building custom silicon to reduce their long-term dependence on the company’s chips. The result? A stock that’s lagging behind the more exciting names in the semiconductor peer group. And yet, my Strong Buy rating remains in place. Here’s why. Nvidia delivered another win On May 20, 2026, Nvidia released its Q1 FY 2027 results , and to no one’s surprise, it was a blowout quarter. Revenue reached record highs of $81.6 billion, up 85% year-over-year. Meanwhile, gross margins (GAAP) were 74.9%, and net income reached $58.3 billion, up 211%, though that did include a non-operating gain. Still, these numbers alone establish that demand is accelerating at a massive scale. Segment Q1 FY2027 Revenue Q1 FY2026 Revenue YoY Growth % of Total Revenue Data Center $75.2 billion ~$39.1 billion +92% 92.2% Edge Computing $6.4 billion ~$5.0 billion +29% 7.8% Total Revenue $81.6 billion ~$44.1 billion +85% 100% Click to enlarge Today, the Data Center segment remains the largest revenue driver at 92% ($75.2 billion), coincidentally also up 92%. Management attributes the growth to increased sales of Blackwell 300, InfiniBand, Spectrum-X Ethernet, and NVLink. Again, no surprise. What is surprising to me, though, is that hyperscalers only accounted for 50...

Deagreez/iStock via Getty Images May the forces of evil become confused on the way to your house. -- George Carlin Over the past ten years, my investing strategy has shifted from mostly growth stocks to managing a portfolio that now holds mainly income investments. I like investing for passive income, especially now that I am retired from a 42-year career in information technology. I call my approach my Income Compounder portfolio due to the strategy that I employ of buying stocks and funds “on sale” that offer steady, mostly monthly or even weekly distributions, and then reinvesting the majority of those distributions to grow my future income stream. Many retirees enjoy a steady income stream from their high-yield income funds but may be concerned that NAV “erosion” leads to a loss of invested capital over time. One fund that has now been around for nearly 100 years demonstrates that the concept of high-yield income without fear of NAV erosion is not a pipe dream. The Adams Diversified Equity Fund, Inc. ( ADX ) has been delivering market-beating returns for decades. Investing in funds like ADX has helped me to collect passive income from my investments to support my lifestyle in retirement, which my brother kindly refers to as “living large” whenever I tell him about my vacations to exotic beach locales, or my ski trips to the Colorado Rockies. When I first came across the outstanding long-term performance of ADX, it was when I wrote about Three Old School CEFs , the other two being Central Securities Corporation ( CET ) and General American Investors ( GAM ). I like ADX and rate it Buy despite the recent price runup. From the fund website , we can see that ADX is a diversified equity fund that invests in a blend of large cap, quality companies. The Adams Diversified Equity Fund, Inc. was formerly known as The Adams Express Company. Adams Diversified Equity Fund, the Adams Express™ closed-end fund, seeks to deliver superior returns over time by investing in a broad...