Families of those aboard Malaysia Airlines flight MH370 on Sunday urged the Malaysian government to extend a contract it signed with deep-sea exploration firm Ocean Infinity to continue a search for the aircraft that disappeared 12 years ago. The Boeing 777 was carrying 227 passengers and 12 crew when it vanished en route from Kuala Lumpur to Beijing on March 8, 2014, becoming one of the world...
Families of those aboard Malaysia Airlines flight MH370 on Sunday urged the Malaysian government to extend a contract it signed with deep-sea exploration firm Ocean Infinity to continue a search for the aircraft that disappeared 12 years ago. The Boeing 777 was carrying 227 passengers and 12 crew when it vanished en route from Kuala Lumpur to Beijing on March 8, 2014, becoming one of the world’s enduring aviation mysteries. Multiple search operations for the plane have been conducted in the southern Indian Ocean since then but all have proved fruitless. Advertisement Malaysia in March last year agreed to allow Ocean Infinity to resume the hunt under a “no find, no fee” principle, with the firm to be paid US$70 million only if the wreckage was successfully located. Malaysia’s Air Accident Investigation Bureau (AAIB) said on Sunday, however, that operations had not yielded any findings so far, after two search phases covering 28 days and around 7,571 sq km (2,923 square miles) of seabed. Advertisement Operations were periodically disrupted by weather and sea conditions, with the second phase ending on January 23, the AAIB said.
The S&P 500 has delivered an average annual return of more than 10% since its inception in 1957. Yet nearly 90% of all hedge funds underperformed the S&P 500 over the past ten years, according to SPIVA Scorecards, making it seem smarter to simply invest in the entire index. That's why John Bogle, the founder of the Vanguard Group, famously told investors: "Don't look for the needle in the haystack...
The S&P 500 has delivered an average annual return of more than 10% since its inception in 1957. Yet nearly 90% of all hedge funds underperformed the S&P 500 over the past ten years, according to SPIVA Scorecards, making it seem smarter to simply invest in the entire index. That's why John Bogle, the founder of the Vanguard Group, famously told investors: "Don't look for the needle in the haystack. Just buy the haystack." To accomplish that, Vanguard launched the first index fund, the Vanguard S&P 500 Index Fund (VFINX 1.31%), in 1976. In 2000, it launched the exchange-traded fund (ETF) version -- the Vanguard S&P 500 ETF (VOO 1.34%) -- which could be actively traded throughout the day. Instead of actively buying and selling stocks, those funds passively track the 500 largest U.S. companies. Since that index is rebalanced quarterly, weaker companies drop out as stronger ones are added. That's why it's difficult for actively managed funds to consistently beat the S&P 500 over the long term. So is VOO the smartest investment you can make today? Expand NYSEMKT : VOO Vanguard S&P 500 ETF Today's Change ( -1.34 %) $ -8.38 Current Price $ 618.43 Key Data Points Day's Range $ 616.00 - $ 621.82 52wk Range $ 442.80 - $ 641.81 Volume 9.7M How does the Vanguard S&P 500 ETF (VOO) work? The Vanguard S&P 500 ETF requires a minimum investment of $1 and charges a low expense ratio of 0.03%. By comparison, the typical mutual fund requires an average investment of $2,500, while hedge funds can require upfront investments of over $1 million. Actively managed mutual funds charge annual expense ratios of about 1%, while hedge funds charge 1%-2% annual expenses plus "performance fees" (a share of the fund's total profits). Since the S&P 500 beats most of those funds over the long term, it seems like a huge waste of money to pay those annual expenses and performance fees. By investing in the entire S&P 500, you get instant exposure to top stocks like Nvidia (NVDA 3.01%) (7.8% of its holdi...
Key Points Most actively managed funds struggle to consistently beat the S&P 500. Therefore, it might be smarter to simply buy the whole index through an ETF. 10 stocks we like better than Vanguard S&P 500 ETF › The S&P 500 has delivered an average annual return of more than 10% since its inception in 1957. Yet nearly 90% of all hedge funds underperformed the S&P 500 over the past ten years, accor...
Key Points Most actively managed funds struggle to consistently beat the S&P 500. Therefore, it might be smarter to simply buy the whole index through an ETF. 10 stocks we like better than Vanguard S&P 500 ETF › The S&P 500 has delivered an average annual return of more than 10% since its inception in 1957. Yet nearly 90% of all hedge funds underperformed the S&P 500 over the past ten years, according to SPIVA Scorecards, making it seem smarter to simply invest in the entire index. That's why John Bogle, the founder of the Vanguard Group, famously told investors: "Don't look for the needle in the haystack. Just buy the haystack." To accomplish that, Vanguard launched the first index fund, the Vanguard S&P 500 Index Fund (NASDAQMUTFUND: VFINX), in 1976. In 2000, it launched the exchange-traded fund (ETF) version -- the Vanguard S&P 500 ETF (NYSEMKT: VOO) -- which could be actively traded throughout the day. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Instead of actively buying and selling stocks, those funds passively track the 500 largest U.S. companies. Since that index is rebalanced quarterly, weaker companies drop out as stronger ones are added. That's why it's difficult for actively managed funds to consistently beat the S&P 500 over the long term. So is VOO the smartest investment you can make today? How does the Vanguard S&P 500 ETF (VOO) work? The Vanguard S&P 500 ETF requires a minimum investment of $1 and charges a low expense ratio of 0.03%. By comparison, the typical mutual fund requires an average investment of $2,500, while hedge funds can require upfront investments of over $1 million. Actively managed mutual funds charge annual expense ratios of about 1%, while hedge funds charge 1%-2% annual expenses plus "performance fees" (a share of the fund's total profits). Since the S&P 5...
Lim Weixiang - Zeitgeist Photos/E+ via Getty Images Orion Group Holdings ( ORN ) is participating in two high-growth-potential megatrends, data center development and shipbuilding in the US, potentially delivering growth over the coming years. With military mobilization occurring in the Middle East, the US federal government may prioritize domestic production of warships, creating an urgency for O...
Lim Weixiang - Zeitgeist Photos/E+ via Getty Images Orion Group Holdings ( ORN ) is participating in two high-growth-potential megatrends, data center development and shipbuilding in the US, potentially delivering growth over the coming years. With military mobilization occurring in the Middle East, the US federal government may prioritize domestic production of warships, creating an urgency for Orion’s construction work for facilitating this need. Following the large price pullback post-earnings, I am upgrading ORN shares to a Strong Buy rating with a price target of $17.16/share at 9.68x eFY28 EV/aEBITDA. Orion Group Holdings Operational Update Corporate Filings Despite reporting a strong close to FY25, Orion experienced modest headwinds in new billings, closing the fiscal year with $763 million in new orders for a book-to-bill ratio of 0.9x. Orders were largely pulled down by the Concrete business in q4’25 with a book-to-bill ratio of 0.55x, offset by growth in the Marine business at a 1.02x rate. Corporate Filings Headwinds in the fiscal year were largely derived from customer uncertainty regarding tariff policy as well as the government shutdown in q4’25. Accordingly, 2025 was somewhat of a challenging year for the construction industry, riddled with project delays in anticipation of easing interest rate policy, a tight labor market, and uncertainty regarding tariff policy. Though concrete is locally sourced, other materials like electrical equipment that go into an industrial site are largely imported and have faced tariff risk. On top of that, the short supply of electrical equipment may have added to the delays for new builds. Adding to the matter, 2026 may be a challenging year with the current events unfolding in the Middle East. Though this could be considered an accelerator for defense spending, particularly for warships, I suspect that the supply chain disruption can send ripples through the global economy, particularly for heavily traded materials comi...
The Bridgerton star has told of her horror at being approached by a fan who only wanted to talk about her body. Surely it’s time we focused on something else Nicola Coughlan is sick of the subject of “body positivity”, and thank God, because so am I. “The thing I say sometimes that pisses people off is I have no interest in body positivity,” she said in a recent interview. Like Coughlan and no dou...
The Bridgerton star has told of her horror at being approached by a fan who only wanted to talk about her body. Surely it’s time we focused on something else Nicola Coughlan is sick of the subject of “body positivity”, and thank God, because so am I. “The thing I say sometimes that pisses people off is I have no interest in body positivity,” she said in a recent interview. Like Coughlan and no doubt many, many other women, I’m sick of talking about it, thinking about it, reading about it, all of it (I do recognise a certain irony in my writing about it, but hear me out). In the same interview , Coughlan recounted an encounter with a fan: “I remember this really drunk girl once talking to me in a bathroom being like, ‘I loved [Bridgerton] because of your body’ and started talking about my body, and I was like, ‘I want to die. I hate this so much.’” She continued: “It’s really hard when you work on something for months and months of your life, you don’t see your family, you really dedicate yourself and then it comes down to what you look like – it’s so fucking boring.” Rhiannon Lucy Cosslett is a Guardian columnist and author of Female, Nude Continue reading...
From Gates to Musk and Altman, today’s ultra-rich steer AI and tech, raising questions about who decides the future When Bill Gates became the first modern IT mogul to reach the apex of wealth and power in 1992, the world was a very different place. Gates joined the top 10 on Forbes magazine’s billionaires list alongside Japanese, German, Canadian, South Korean and Swedish billionaires, including ...
From Gates to Musk and Altman, today’s ultra-rich steer AI and tech, raising questions about who decides the future When Bill Gates became the first modern IT mogul to reach the apex of wealth and power in 1992, the world was a very different place. Gates joined the top 10 on Forbes magazine’s billionaires list alongside Japanese, German, Canadian, South Korean and Swedish billionaires, including those with family fortunes from Britain and America. A broad mix of industries was on the list: Retail and media, property management and packaging, an investment firm and a couple of industrial conglomerates. Their fortunes almost added up to $100bn – equivalent to about 0.4% of the US’s GDP that year. The oligarchy has changed drastically since then. Bernard Arnault, of French luxury group LVMH, Amancio Ortega, the Spanish clothing mogul, and Warren Buffett, the US investor, were the only old-school billionaires among the top 10 in 2025. The rest largely made their money from high-tech: Elon Musk, Jeff Bezos, Mark Zuckerberg, Larry Ellison, Steve Ballmer and Google’s Sergey Brin and Larry Page. The top 10 amassed over $16trn, which is about 8% of US GDP. Continue reading...
There were few fireworks, but six points from six meant “job done” for England in their first two World Cup qualifiers. They might have preferred to score more goals to boost their goal difference, but these victories were essential in England’s quest to top this qualifying group before they face Spain. With a warmly anticipated meeting with the world champions in April at Wembley, what will they ...
There were few fireworks, but six points from six meant “job done” for England in their first two World Cup qualifiers. They might have preferred to score more goals to boost their goal difference, but these victories were essential in England’s quest to top this qualifying group before they face Spain. With a warmly anticipated meeting with the world champions in April at Wembley, what will they have learned from these two competitive yet ever-so-slightly experimental qualifiers, a 6-1 win against Ukraine in Turkey on Tuesday and a 2-0 victory over Iceland in Nottingham on Saturday? Stanway playing further forward – tick! Energetic, purposeful and driven, Georgia Stanway would take the player of the March camp award if any such prize existed, after two productive performances. The Bayern Munich midfielder scored three times, her volley against Iceland in particular demonstrating her ability to time a run into the box and attack the space. She was even confident enough to shout for Alessia Russo to leave the cross for her to volley it home behind her. Stanway has been positioned further forward this week and the 27-year-old said after Saturday’s game: “This camp, I’ve been a lot higher in general. I’ve been a lot more in the pocket and my responsibility is to stand still a little bit more. Whereas I know in the past I feel like I’m the energy and I feel like I get around the pitch a lot whereas I can do that defensively. I feel like it was effective in both games. It’s nice to be able to be in the pocket because I do enjoy attacking and shooting and I do enjoy trying to be creative in that final third.” Inverted wingers works for Lionesses For most of Lauren Hemp’s senior England career, as at Manchester City, she has played as a left-winger, and she did so again for the first, goalless half against Ukraine. For the second half, though, and against Iceland, she was inverted on the right flank, cutting inside on to her left foot, and the results were impressive. She ...
Hong Kong must do more to shatter the glass ceilings at its roots, moving beyond token diversity to ensure motherhood no longer derails women’s careers, advocates have said on International Women’s Day. Chief Executive John Lee Ka-chiu said on Sunday that women were “holding up more than half the sky” for Hong Kong as they accounted for 54 per cent of the population and comprised half of the gover...
Hong Kong must do more to shatter the glass ceilings at its roots, moving beyond token diversity to ensure motherhood no longer derails women’s careers, advocates have said on International Women’s Day. Chief Executive John Lee Ka-chiu said on Sunday that women were “holding up more than half the sky” for Hong Kong as they accounted for 54 per cent of the population and comprised half of the government, legal and accounting workforce, with increasing representation in corporate leadership. The saying “women hold up half the sky” is a well-known slogan from late Communist Party of China leader Mao Zedong, aimed at encouraging women to join the workforce after the country’s civil war in 1949. Advertisement “These figures are the result of the government’s years-long effort to promote equal opportunities and showcase women’s contribution to Hong Kong,” Lee said at a cocktail reception. He added the government would continue to promote women’s development by fostering an enabling environment, empowering them and educating the public. Advertisement However, Nicole Yuen Shuk-kam, founder and CEO of the Workplace Women Index, an organisation that tracks progress in the disclosure of women-related workplace policies and practices, said more needed to be done to truly achieve gender equity.
A 14-year-old boy in eastern China has trended on social media after he helped out his under-pressure parents by skillfully cooking in their small noodle restaurant. Liu Yuze, a Grade Two student at a middle school in Taihe county of Anhui province, has been helping his parents in the restaurant since childhood, the Dawan News reported. Liu Yuze cooks up a stir-fried dish in the kitchen of his par...
A 14-year-old boy in eastern China has trended on social media after he helped out his under-pressure parents by skillfully cooking in their small noodle restaurant. Liu Yuze, a Grade Two student at a middle school in Taihe county of Anhui province, has been helping his parents in the restaurant since childhood, the Dawan News reported. Liu Yuze cooks up a stir-fried dish in the kitchen of his parent’s eatery. Photo: Douyin Videos of the boy cooking like a professional chef and grasping skills like wok spinning have attracted more than 2.5 million likes online. Advertisement “Cooking is my biggest hobby. If I work more, my parents will not be so exhausted,” the boy was quoted as saying. According to his mother, surnamed Wang, Liu became interested in kitchen chores when he was a toddler. Advertisement “When he was about three or four years old and was as tall as the chopping board, he keenly offered to prepare noodles. When he was five years old, he liked to stand beside his father and observed how to cook,” said Wang.
Charles Lim Capital Ltd lowered its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 50.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 100,000 shares of the semiconductor company's stock after selling 100,000 shares during the quarter. Taiwan Semiconductor Manufacturing com...
Charles Lim Capital Ltd lowered its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 50.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 100,000 shares of the semiconductor company's stock after selling 100,000 shares during the quarter. Taiwan Semiconductor Manufacturing comprises approximately 7.1% of Charles Lim Capital Ltd's investment portfolio, making the stock its 7th largest holding. Charles Lim Capital Ltd's holdings in Taiwan Semiconductor Manufacturing were worth $27,929,000 at the end of the most recent quarter. Get TSM alerts: Sign Up Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 20.9% in the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock valued at $2,159,000 after buying an additional 1,892 shares in the last quarter. Ignite Planners LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 4.7% during the second quarter. Ignite Planners LLC now owns 2,610 shares of the semiconductor company's stock worth $627,000 after acquiring an additional 116 shares in the last quarter. Resona Asset Management Co. Ltd. bought a new stake in shares of Taiwan Semiconductor Manufacturing during the second quarter worth about $302,000. Ethos Financial Group LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter worth about $269,000. Finally, Savant Capital LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 51.8% in the 2nd quarter. Savant Capital LLC now owns 23,290 shares of the semiconductor company's stock worth $5,275,000 after acquiring an additional 7,944 shares during the last quarter. Institutional investors own 16.51% of the company's stock. Taiwan Semiconductor Manufactu...
Goodman Advisory Group LLC increased its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 8.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,102 shares of the semiconductor company's stock after purchasing an additional 2,561 shares during the quarter. Taiwan Semiconductor Manufacturin...
Goodman Advisory Group LLC increased its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 8.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,102 shares of the semiconductor company's stock after purchasing an additional 2,561 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for about 2.4% of Goodman Advisory Group LLC's holdings, making the stock its 11th largest holding. Goodman Advisory Group LLC's holdings in Taiwan Semiconductor Manufacturing were worth $9,524,000 as of its most recent SEC filing. Get TSM alerts: Sign Up A number of other institutional investors have also recently added to or reduced their stakes in the stock. Childress Capital Advisors LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 145.3% during the third quarter. Childress Capital Advisors LLC now owns 3,192 shares of the semiconductor company's stock valued at $891,000 after acquiring an additional 1,891 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 9.4% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 101,876 shares of the semiconductor company's stock worth $28,470,000 after acquiring an additional 8,738 shares during the last quarter. Hantz Financial Services Inc. increased its position in shares of Taiwan Semiconductor Manufacturing by 28.6% during the third quarter. Hantz Financial Services Inc. now owns 37,216 shares of the semiconductor company's stock worth $10,394,000 after purchasing an additional 8,284 shares in the last quarter. Hollencrest Capital Management raised its stake in Taiwan Semiconductor Manufacturing by 125.3% in the 3rd quarter. Hollencrest Capital Management now owns 5,216 shares of the semiconductor company's stock valued at $1,457,000 after purchasing an additional 2,901 share...
Key Points Some states will tax your Social Security benefits. Some places have much more accessible, affordable, and high quality healthcare than other places. There's a lot to consider when you think about relocating for retirement. The $23,760 Social Security bonus most retirees completely overlook › As you approach and enter retirement, there are gobs of issues to consider. Ideally, you will h...
Key Points Some states will tax your Social Security benefits. Some places have much more accessible, affordable, and high quality healthcare than other places. There's a lot to consider when you think about relocating for retirement. The $23,760 Social Security bonus most retirees completely overlook › As you approach and enter retirement, there are gobs of issues to consider. Ideally, you will have had a comprehensive retirement plan, having socked away enough money to support you for perhaps decades. You will have considered and planned for some big expenses, such as healthcare. You might even be thinking about relocating for retirement. If relocation to a different state is on the table, you might want to consider how a new home might affect your Social Security benefits and Medicare. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Your Social Security benefits You may or may not realize this, but Social Security benefits are often taxed -- and much depends on where you live. Fully 42 states, plus the District of Columbia, don't tax Social Security benefits at all. Here are the eight states that do tax Social Security benefits: Colorado Connecticut Minnesota Montana New Mexico Rhode Island Utah Vermont The news here is pretty good, though, because if you live in one of these states, you'll generally be taxed lightly, if at all. Some of these states phase out taxation by income, so lower earners often pay no tax. Others phase out taxation by age, so those 65 and older avoid it. But here's a bit of bad news: While most states don't tax Social Security benefits, the federal government does taxes some. It all depends on your "combined income," which is your adjusted gross income (AGI) plus non-taxable interest, plus half of your Social Security benefits. The table below spells it out: Filing As Co...
Microsoft (MSFT 0.95%) is one of a handful of hyperscalers that offer an astronomical amount of cloud computing capacity through hundreds of centralized data centers scattered all over the world. Microsoft rents this capacity to business customers via its Azure cloud platform, and many of them use it to develop and deploy artificial intelligence (AI) software. Azure is consistently the fastest-gro...
Microsoft (MSFT 0.95%) is one of a handful of hyperscalers that offer an astronomical amount of cloud computing capacity through hundreds of centralized data centers scattered all over the world. Microsoft rents this capacity to business customers via its Azure cloud platform, and many of them use it to develop and deploy artificial intelligence (AI) software. Azure is consistently the fastest-growing piece of Microsoft's entire business. However, investors are also focusing on the company's AI virtual assistant Copilot, which is now embedded into flagship software products like Windows, Bing, and 365 (which includes Word, Excel, and Outlook). It represents a massive financial opportunity for Microsoft, but adoption has been modest so far, which has contributed to the recent sell-off in its stock price. Microsoft stock is currently down 25% from its all-time high, but it's now the cheapest it has been in more than three years. Should investors buy the dip, or is there more downside ahead? Are businesses shunning Copilot? Copilot can be used as a regular chatbot, but it's also a powerful productivity tool when packaged with enterprise software. Therefore, while anybody can use it for free through the Windows operating system or Bing search engine, Microsoft charges a fee if businesses want to embed it in the 365 application suite. Companies currently pay for over 400 million 365 licenses for their employees (globally), so Microsoft has a massive addressable market for Copilot. But as of the tech giant's recent fiscal 2026 second quarter (ended Dec. 31), businesses had only bought 15 million Copilot licenses for 365, implying a very modest penetration rate of just 3.7%. On a positive note, that number grew by 160% year over year. Plus, the number of businesses with over 35,000 Copilot for 365 licenses tripled during the quarter, and daily active users soared tenfold. This suggests that once businesses adopt Copilot, they tend to introduce it to more of their employees...
Key Points Domino’s is the most dominant pizza brand, with more than 22,000 stores in 90 countries. It has a winning formula that delivers consistent market shares. There are headwinds to watch, but analysts expect more earnings growth in 2026 and 2027. 10 stocks we like better than Domino's Pizza › Shares of Domino's Pizza (NASDAQ: DPZ) traded as high as $533 in 2024, but they currently sit aroun...
Key Points Domino’s is the most dominant pizza brand, with more than 22,000 stores in 90 countries. It has a winning formula that delivers consistent market shares. There are headwinds to watch, but analysts expect more earnings growth in 2026 and 2027. 10 stocks we like better than Domino's Pizza › Shares of Domino's Pizza (NASDAQ: DPZ) traded as high as $533 in 2024, but they currently sit around $405. This stock has been a phenomenal performer over the last 15 years. A $1,000 investment at the end of 2010 would be worth more than $25,000 today. Should investors take advantage of the dip to start a position in the world's largest pizza company? Domino's business performance and valuation could make a return to $500 a real possibility in the next year or so. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Consistent winning There's no shortage of options when you want to buy pizza, but Domino's is one of the most widespread brands in the fast food market. It has more than 22,100 stores in 90 countries, with a 23% share of the U.S. quick-service market. There are many businesses where having too many stores can lead to cannibalization of sales, higher costs, and pressure on profitability. But Domino's has brilliantly used its large store footprint to put locations in proximity to as many people as possible, allowing it to dominate the market. Roughly half of Domino's U.S. market share was gained in the last 11 years, and it gained another point of market share in the U.S. last year, with same-store sales up 3%. Management expects its momentum to continue. The company continues to open more stores, but it also should benefit from growth in carryout sales, more customers signing up for the rewards program (now over 37 million active users), and menu adjustments. The simple math to $500 Analysts expe...
J Studios/DigitalVision via Getty Images Overview With the debt markets facing headwinds, high-yield assets have been under pressure over the last few months. Business Development Companies are struggling, and many closed-end funds are seeing inconsistent earnings. The Eldridge BBB-B CLO ETF ( CLOZ ) has held up better than some of these other asset classes, but the fund is also facing its own cha...
J Studios/DigitalVision via Getty Images Overview With the debt markets facing headwinds, high-yield assets have been under pressure over the last few months. Business Development Companies are struggling, and many closed-end funds are seeing inconsistent earnings. The Eldridge BBB-B CLO ETF ( CLOZ ) has held up better than some of these other asset classes, but the fund is also facing its own challenges. When I previously covered CLOZ, I issued a buy rating due to the fund's stability during market uncertainty. Now that market volatility has increased again, I wanted to revisit the fund's performance and outlook for 2026. Looking at the performance over the last twelve months, we can see that CLOZ's share price has declined by 5%. This is quite rare for the fund and may be explained by tighter credit spreads, which I will cover. When including all distributions that were paid out to shareholders, the total return jumps up to about 2.5% over the same time frame. Following the decline in share price, CLOZ now offers investors a starting dividend yield around 8% and issues payouts on a monthly basis. I believe that CLOZ can support this higher yield in the near term as long as interest rates do not substantially decline. However, the latest reporting does indicate some weakness in CLOZ's ability to support its current payouts. Data by YCharts Although CLOZ's portfolio construction doesn't expose investors to a lot of default risks, there are still some concerns. The fund's ability to generate income to support payouts is dependent on higher interest rates. If interest rates decline throughout 2026, I anticipate that earnings will fall and the distributions will have to be cut. Conversely, a scenario where interest rates remain elevated can threaten the credit spreads and negatively impact CLOZ's share price going forward. So let's start by reviewing the portfolio strategy that CLOZ implements to generate its income. Fund Strategy According to the latest fact sheet , C...
Goodman Advisory Group LLC bought a new stake in Broadcom Inc. (NASDAQ:AVGO - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 21,229 shares of the semiconductor manufacturer's stock, valued at approximately $7,004,000. Broadcom makes up approximately 1.7% of Goodman Advisory Group LLC's holdings, making t...
Goodman Advisory Group LLC bought a new stake in Broadcom Inc. (NASDAQ:AVGO - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 21,229 shares of the semiconductor manufacturer's stock, valued at approximately $7,004,000. Broadcom makes up approximately 1.7% of Goodman Advisory Group LLC's holdings, making the stock its 24th biggest holding. Other institutional investors have also made changes to their positions in the company. Longfellow Investment Management Co. LLC bought a new stake in Broadcom during the 2nd quarter worth about $27,000. Teachers Insurance & Annuity Association of America bought a new position in shares of Broadcom in the second quarter worth about $28,000. New England Capital Financial Advisors LLC bought a new position in shares of Broadcom in the second quarter worth about $31,000. JCIC Asset Management Inc. acquired a new position in shares of Broadcom during the third quarter worth approximately $31,000. Finally, Manning & Napier Advisors LLC acquired a new position in shares of Broadcom during the third quarter worth approximately $34,000. 76.43% of the stock is owned by institutional investors. Get Broadcom alerts: Sign Up Broadcom Trading Down 0.5% NASDAQ AVGO opened at $331.03 on Friday. Broadcom Inc. has a one year low of $138.10 and a one year high of $414.61. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.58. The firm has a market cap of $1.57 trillion, a P/E ratio of 64.65, a P/E/G ratio of 1.06 and a beta of 1.22. The stock's 50-day moving average is $333.75 and its 200-day moving average is $343.12. Broadcom (NASDAQ:AVGO - Get Free Report) last issued its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.02. Broadcom had a return on equity of 38.61% and a net marg...
The latest search for Malaysia Airlines flight MH370 has produced no new clues about the aircraft’s location, according to the country’s Air Accident Investigation Bureau. Ocean Infinity surveyed about 7,571 square kilometers of seabed in the southern Indian Ocean in two phases, it said in a statement on Sunday. The second phase of the search concluded on Jan. 23. “As at the date of this update, t...
The latest search for Malaysia Airlines flight MH370 has produced no new clues about the aircraft’s location, according to the country’s Air Accident Investigation Bureau. Ocean Infinity surveyed about 7,571 square kilometers of seabed in the southern Indian Ocean in two phases, it said in a statement on Sunday. The second phase of the search concluded on Jan. 23. “As at the date of this update, the search activities undertaken have not yielded any findings that confirm the location of the aircraft wreckage,” it said. The Malaysian government signed a “no find, no fee” agreement with Ocean Infinity in March 2025 to locate the wreckage of flight MH370 in a new area estimated at about 15,000 square kilometers in the southern Indian Ocean. Read More: Malaysia Greenlights New Search for Vanished Flight MH370 Flight MH370 departed from Kuala Lumpur on March 8, 2014, with an intended destination of Beijing. However, it lost contact with air traffic control less than an hour after takeoff, when the plane was over the South China Sea, and was never seen again. All 227 passengers and 12 crew members are presumed dead. The government remains committed to keeping the families affected by the tragedy informed and will continue to provide updates as appropriate, the bureau said.
Goodman Advisory Group LLC raised its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 11,555.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,963 shares of the enterprise software provider's stock after acquiring an additional 3,929 shares during the quarter. Goodman Advisory Group LLC's ho...
Goodman Advisory Group LLC raised its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 11,555.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,963 shares of the enterprise software provider's stock after acquiring an additional 3,929 shares during the quarter. Goodman Advisory Group LLC's holdings in Oracle were worth $1,115,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors and hedge funds have also recently modified their holdings of the company. Vinva Investment Management Ltd increased its stake in shares of Oracle by 30.1% during the 3rd quarter. Vinva Investment Management Ltd now owns 80,355 shares of the enterprise software provider's stock worth $22,721,000 after purchasing an additional 18,570 shares during the last quarter. Parallel Advisors LLC lifted its stake in Oracle by 1.7% in the third quarter. Parallel Advisors LLC now owns 65,245 shares of the enterprise software provider's stock valued at $18,350,000 after purchasing an additional 1,106 shares during the last quarter. Meiji Yasuda Life Insurance Co grew its holdings in Oracle by 6.2% during the third quarter. Meiji Yasuda Life Insurance Co now owns 19,308 shares of the enterprise software provider's stock valued at $5,430,000 after purchasing an additional 1,119 shares during the period. Meiji Yasuda Asset Management Co Ltd. grew its holdings in Oracle by 66.6% during the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 22,332 shares of the enterprise software provider's stock valued at $6,281,000 after purchasing an additional 8,925 shares during the period. Finally, Riggs Asset Managment Co. Inc. increased its position in Oracle by 57.1% in the third quarter. Riggs Asset Managment Co. Inc. now owns 11,092 shares of the enterprise software provider's stock worth $3,120,000 after buying an additional 4,033 shares during th...
CreativeOne Wealth LLC increased its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 15.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,649 shares of the enterprise software provider's stock after buying an additional 3,438 shares during the quarter. CreativeOne Wealth LLC's holdings in Oracle w...
CreativeOne Wealth LLC increased its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 15.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,649 shares of the enterprise software provider's stock after buying an additional 3,438 shares during the quarter. CreativeOne Wealth LLC's holdings in Oracle were worth $7,214,000 as of its most recent SEC filing. Get Oracle alerts: Sign Up Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Oracle by 2.8% in the third quarter. Vanguard Group Inc. now owns 168,960,500 shares of the enterprise software provider's stock valued at $47,518,451,000 after purchasing an additional 4,681,626 shares during the last quarter. State Street Corp boosted its holdings in Oracle by 1.7% during the second quarter. State Street Corp now owns 73,459,391 shares of the enterprise software provider's stock worth $16,060,427,000 after purchasing an additional 1,252,723 shares during the last quarter. Norges Bank bought a new position in Oracle in the second quarter valued at $4,275,378,000. Bank of New York Mellon Corp grew its position in Oracle by 0.8% in the third quarter. Bank of New York Mellon Corp now owns 11,938,457 shares of the enterprise software provider's stock valued at $3,357,572,000 after purchasing an additional 98,693 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in Oracle by 1.3% in the 2nd quarter. Legal & General Group Plc now owns 11,315,180 shares of the enterprise software provider's stock valued at $2,473,838,000 after buying an additional 147,367 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock. Analysts Set New Price Targets Several equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reissued a "b...