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Source: Seeking Alpha News Agency
1 week ago
General Medium Importance

Gabelli Utility Trust Q2 2026 Commentary

The Gabelli Utility Trust is a diversified, closed-end management investment company whose primary objectives are long-term growth of capital and income. During the first half of 2026, the S&P 500 Utilities Index gained 7.7%, compared with 10.2% for the S&P 500 and 12.8% for the NASDAQ. Despite recent volatility, the fundamental outlook for utilities remains strong.

Source: Seeking Alpha
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Source: Benzinga News Agency
1 week ago
Cryptocurrency Medium Importance AI Analyzed

Why Billionaire Tim Draper Calls Apple, Meta 'Irresponsible' for Not Holding Bitcoin

Bitcoin (CRYPTO: BTC) bull and billionaire Tim Draper urged major companies including Apple (NASDAQ:AAPL) and Meta Platforms (NASDAQ:META) to hold Bitcoin on their balance sheets. He argued that persistent government spending exposes corporate cash to inflation and higher interest rates.

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Source: Benzinga
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Source: Yahoo Finance News Agency
1 week ago
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Apollo's Torsten Sløk: There's no evidence AI is lifting margins outside tech | Sozzi Unleashed

Torsten Sløk, partner and chief economist at Apollo Global Management, tells Brian Sozzi the AI payoff has not reached the rest of the market: "We gotta see higher profit margins outside the tech sector. We gotta see higher EBITDA outside the tech sector and that's just not happening yet.

Source: Yahoo Finance
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