As the Strait of Hormuz closure continues, the global energy crisis deepens, while inflation continues to rise and US consumer sentiment remains low. Why then, given all of this worrying news, is the stock market breaking records as tech companies continue to expand AI? On this episode of the Everybody's Business podcast, we are joined by Kyla Scanlon, author of In This Economy? How Money & Market...
As the Strait of Hormuz closure continues, the global energy crisis deepens, while inflation continues to rise and US consumer sentiment remains low. Why then, given all of this worrying news, is the stock market breaking records as tech companies continue to expand AI? On this episode of the Everybody's Business podcast, we are joined by Kyla Scanlon, author of In This Economy? How Money & Markets Really Work. She tells Max Chafkin and Stacey Vanek Smith about the disconnect happening between Wall Street and main street and what could happen if and when there is an AI crash. (Source: Bloomberg)
Khairun Nisa/iStock via Getty Images Nuveen's closed end fund offerings When individuals retire, especially if they plan to begin frequent travel or find themselves not as attentive to the portfolio any longer, they may look for income strategies. The goal is not to touch the principal and avoid mistakes. They may have been invested in common index funds ( SPY ) ( DIA ) ( QQQ ), but have started m...
Khairun Nisa/iStock via Getty Images Nuveen's closed end fund offerings When individuals retire, especially if they plan to begin frequent travel or find themselves not as attentive to the portfolio any longer, they may look for income strategies. The goal is not to touch the principal and avoid mistakes. They may have been invested in common index funds ( SPY ) ( DIA ) ( QQQ ), but have started moving into preservation and distribution strategies after years in the accumulation phase, where growth was the top priority. Today, I'm looking at all 37 closed-end funds by Nuveen. These are mostly monthly payers and very heavily leaning toward fixed-income strategies. This will be based on a hypothetical $1,000,000 portfolio. This is a follow-up article to my previous article: How To Build A $7,000/Mo Income Using BlackRock's 8% Yielding 32 CEFs I intend to review all the major closed-end fund managers, and this is the next piece in my series. This will break down the average distribution rate one could expect to receive per annum, the volatility of such a portfolio with equal weight, and, most importantly, whether this strategy can cover the distributions without NAV erosion. Let's begin. The screen CEF Connect CEF Connect The screen resulted in 40 funds with a few municipal funds that are now closed. A few funds have been retired and those were removed I parsed out any defunct funds and ended up with a selection of 37 total closed-end active strategies managed by Nuveen. Distributions Fund name TTM Distribution rate Nuveen AMT-Free Muni Credit Inc ( NVG ) 7.50% Nuveen AMT-Free Municipal Value Fund ( NUW ) 4.07% Nuveen AMT-Free Quality Muni Inc ( NEA ) 7.10% Nuveen AZ Quality Muni Inc ( NAZ ) 6.28% Nuveen CA AMT-Free Quality Muni Inc ( NKX ) 7.48% Nuveen CA Municipal Value ( NCA ) 3.85% Nuveen CA Quality Muni Income ( NAC ) 7.47% Nuveen Core Equity Alpha ( JCE ) 8.56% Nuveen Core Plus Impact Fund ( NPCT ) 11.48% Nuveen Credit Strategies Income Fund ( JQC ) 12.38% Nuveen...
ToucanStudios Stock index futures rose Thursday as investors awaited updates on U.S.-China diplomatic talks. Here are the four stocks to watch on the day: Applied Materials ( AMAT ) was down 1.3% even as the semiconductor equipment maker reported fiscal second-quarter results and guidance that exceeded Wall Street estimates. For the period ending April 26, the company earned an adjusted $2.86 per ...
ToucanStudios Stock index futures rose Thursday as investors awaited updates on U.S.-China diplomatic talks. Here are the four stocks to watch on the day: Applied Materials ( AMAT ) was down 1.3% even as the semiconductor equipment maker reported fiscal second-quarter results and guidance that exceeded Wall Street estimates. For the period ending April 26, the company earned an adjusted $2.86 per share on revenue of $7.91 billion, up 11% year-over-year. Semiconductor systems sales climbed 14% to $5.97 billion, while applied global services rose 6.3% to $1.67 billion. Verizon ( VZ ) rose 0.6% in premarket trading after announcing it has joined Anthropic’s Project Glasswing. The cybersecurity initiative will be built using capabilities from Anthropic’s most powerful model, Claude Mythos Preview, with support from leading software and security providers. Cerebras Systems ( CBRS ) fell more than 5% in premarket trading on Friday, the second day following its initial public offering. The artificial intelligence semiconductor company priced its offering at $185 per share and opened at $350, a gain of 89%. Shares briefly climbed to $385 before a temporary trading halt and closed at $311.07, up 68% from the IPO price. Magnum Ice Cream Company ( MICC ) soared 11.4% in early trading after Reuters reported that potential bidders, including Blackstone and CD&R, are monitoring the company’s share price to determine whether to make a formal acquisition offer. Magnum launched as a premium adult-targeted ice cream bar by Unilever in Germany in 1989. More related stories Applied Materials, Inc. (AMAT) Q2 2026 Earnings Call Transcript Verizon Communications Inc. (VZ) Presents at MoffettNathanson's Media, Internet & Communications Conference Transcript Wall Street Brunch: IPOs Headline The Week's Show Verizon latest company to join Anthropic's Project Glasswing Cerebras Systems dips on second day after $5.5B IPO debut
Adam Kent suspended after Tory councillors joined forces with Greens and Lib Dems to end Reform’s minority control The Conservatives have suspended the party’s leader at Worcestershire county council after he made a deal with the Greens and Liberal Democrats to oust Reform. Reform UK gained control of the council a year ago but its tenure has been marked by a series of controversies and political ...
Adam Kent suspended after Tory councillors joined forces with Greens and Lib Dems to end Reform’s minority control The Conservatives have suspended the party’s leader at Worcestershire county council after he made a deal with the Greens and Liberal Democrats to oust Reform. Reform UK gained control of the council a year ago but its tenure has been marked by a series of controversies and political infighting. This included a bitter leadership battle in which the now former Reform councillor Jo Monk was replaced as leader of the council in April. Continue reading...
Viral recipes and fibre awareness boost demand for sweet fruit amid shift towards healthier alternatives Instead of a customary biscuit or a chocolate bar to combat the 4pm slump, people are reaching for a more natural sweet alternative: dates. The sweet fruit has been thrust into the snacking spotlight by a combination of viral recipes on social media, growing awareness about fibre intake and inc...
Viral recipes and fibre awareness boost demand for sweet fruit amid shift towards healthier alternatives Instead of a customary biscuit or a chocolate bar to combat the 4pm slump, people are reaching for a more natural sweet alternative: dates. The sweet fruit has been thrust into the snacking spotlight by a combination of viral recipes on social media, growing awareness about fibre intake and increasing demand for alternatives to ultra-processed foods. Continue reading...
Northern Stage, Newcastle This revival of the carnivorous plant caper showcases strong voices, incorporates playful designs and splits Audrey II in two Sure, it would be possible to deliver a hi-tech take on Howard Ashman and Alan Menken’s 1982 musical about a bloodthirsty plant – one that looks and feels more “2026”. But the B-movie aesthetic (carried over from Roger Corman’s 1960 film) is a core...
Northern Stage, Newcastle This revival of the carnivorous plant caper showcases strong voices, incorporates playful designs and splits Audrey II in two Sure, it would be possible to deliver a hi-tech take on Howard Ashman and Alan Menken’s 1982 musical about a bloodthirsty plant – one that looks and feels more “2026”. But the B-movie aesthetic (carried over from Roger Corman’s 1960 film) is a core part of its charm, so why lose it? Directed by Sarah Brigham for Northern Stage and Derby theatre, this is a solid production but not a sparkling one. For the most part, it revels in the low-budget, kooky absurdity of a story in which a mysterious shrub turns around the fortunes of Seymour, a flailing florist in love with his co-worker, Audrey. This version is a tad lighter on humour, and the plot’s more sensitive elements, such as Audrey’s domestic abuse, are also scaled back. Continue reading...
RoboStrategy ( BOT ) on Friday said it entered into a committed equity facility of up to $2 billion with Roth Principal Investments, an affiliate of Roth Capital Partners, to support future investments and strategic growth initiatives. The facility allows RoboStrategy, at its discretion and subject to certain conditions, to issue and sell common stock to Roth Principal Investments after the U.S. S...
RoboStrategy ( BOT ) on Friday said it entered into a committed equity facility of up to $2 billion with Roth Principal Investments, an affiliate of Roth Capital Partners, to support future investments and strategic growth initiatives. The facility allows RoboStrategy, at its discretion and subject to certain conditions, to issue and sell common stock to Roth Principal Investments after the U.S. Securities and Exchange Commission declares effective one or more resale registration statements tied to the arrangement. The company filed a resale registration statement on May 12 covering 14.1 million shares issuable under the facility. RoboStrategy said the agreement is intended to provide additional financial flexibility and that it is not obligated to use the full amount available under the facility. Source: Press Release More on Robostrategy, Inc. RoboStrategy begins trading on Nasdaq under ticker BOT Financial information for Robostrategy, Inc.
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Shoqat Bunglawala, Goldman Sachs Asset Management, EMEA Head of Multi-Asset Solutions; Tina Fordham, Fordham Global For...
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Shoqat Bunglawala, Goldman Sachs Asset Management, EMEA Head of Multi-Asset Solutions; Tina Fordham, Fordham Global Foresight, Founder and Geopolitical Strategist; Jeremy Awori, Ecobank, Group CEO. (Source: Bloomberg)
Alphabet (GOOGL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Alphabet (GOOGL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Amazon (AMZN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Amazon (AMZN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.