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Latest businesswire.com · about 8 hours ago

BRW Announces $0.085 Dividend

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on July 31, 2026, payable on August 31, 2026 to shareholders of record as of August 11, 2026. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereby the F.

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SABA businesswire.com · about 8 hours ago

SABA Announces $0.058 Dividend

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.058 per share on July 31, 2026, payable on August 31, 2026 to shareholders of record as of August 11, 2026. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereby t.

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SMTK globenewswire.com · about 8 hours ago

SRX Global Portfolio Company Smartkem, Inc. (NASDAQ: SMTK) Announces Merger

NORTH PALM BEACH, Fla., Aug. 03, 2026 (GLOBE NEWSWIRE) -- SRX Global Inc. (NYSE American: SRXH) (the “Company”, or “SRX”), an AI-enabled platform dedicated to generating long-term shareholder value through investments in high-conviction operating companies and strategic assets, today announced that its portfolio company Smartkem, Inc. (NASDAQ: SMTK), a leader in advanced materials, will merge with Ferrox Critical Minerals, strengthening its critical minerals sourcing.

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GOOG seekingalpha.com · about 8 hours ago

Alphabet's AI Spending Finally Makes Sense

Alphabet Inc.'s Google Cloud revenue surged 82% year-over-year to $24.8 billion, while operating margin expanded to 35.6% from 20.7%. Cloud backlog reached a record $514 billion, with management expecting more than half to convert into revenue within 24 months. Alphabet's AI platform continues gaining traction, with nearly 90% of Fortune 100 companies using Gemini Enterprise and token usage accelerating sharply.

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AITX globenewswire.com · about 8 hours ago

AITX Announces Cost Reduction Plan Targeting Improved Cash Flow from Operations

Company Expects Approximately $2. 4 Million in Annualized Run-Rate Reductions to Cash Selling, General and Administrative Expenditures Detroit, Michigan, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the "Company") (OTCID: AITX), a developer and operator of AI-driven security and productivity solutions for enterprise clients, today announced that on August 1, 2026 its Chief Executive Officer, acting pursuant to authority delegated by its Board of Directors, committed the Company to a company-wide cost reduction plan (the "Plan").

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MLPI seekingalpha.com · about 8 hours ago

MLPI: Covered Call Midstream Energy ETF, Sky-High Distribution Rate, Short Track-Record

MLPI sports a massive 14.9% distribution rate, on the back of its midstream energy portfolio and covered call strategy. Covered calls means reduced upside potential, but gains could be reasonably good regardless, with the fund seeing double-digit price gains these past few months. I'm concerned about the fund's performance during a downturn and its inmediate aftermath.

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MSFT fool.com · about 8 hours ago

Microsoft Pays Cash. Amazon Borrows.

The five hyperscalers spend on AI at a similar scale, but how they pay for it (cash, debt, stock, partners, or prepayments) reveals very different strategies. Microsoft is funding its AI buildout almost entirely from cash flow, with $19.6 billion in free cash flow left over.

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