Author: Multibagger News

The Ultimate Guide to Ashford Hospitality Trust Inc. (NYSE:AHT) Leadership Changes and Financial Outlook Ashford Hospitality Trust Inc. (NYSE:AHT) recently announced the resignation of J. Robison Hays III, the President and CEO, effective June 30, 2024. Following his departure, Hays has entered into a Separation/Consulting Agreement with the company. Under this agreement, Hays will provide consulting services to Ashford Inc., the advisor to Ashford Hospitality Trust, for 36 months, starting from his resignation date. In return, Hays will receive monthly payments totaling $1.9 million over the three-year period, beginning in July 2024. Additionally, Ashford Inc. will cover the costs of…

Justin Sun’s Bold Move to Save Bitcoin from German Government Sell-Off In a bold move, Justin Sun, the Founder of the Tron network, has proposed negotiations with the German government to halt the continuous sale of its massive Bitcoin stash. Sun’s primary motivation is to prevent the negative impact of this sell-off on the broader market. The German Federal Criminal Police Office has been selling some of the Bitcoin proceeds it confiscated, offloading over 9,641 BTC worth more than $550 million on cryptocurrency exchanges in small tranches. Despite the relatively small size of its Bitcoin holdings compared to the overall…

Congressman Morgan McGarvey Makes Notable Stock Purchases in Delta Air Lines, Interactive Brokers, and NVIDIA – Investing Insights Revealed! Congressman Morgan McGarvey, representing Kentucky’s 3rd congressional district, has recently made significant stock purchases, as per the latest congressional trade report. The report discloses his acquisitions in Delta Air Lines, Inc. (NYSE: DAL), Interactive Brokers (NASDAQ: IBKR) Group, Inc., and NVIDIA Corporation (NASDAQ:). These investments shed light on McGarvey’s strategy of favoring established companies in the aviation, financial services, and technology sectors. The purchases, made through his Individual Retirement Account (IRA) and a joint brokerage account, indicate a diversified approach to…

Breaking News: U.S. Jobs Report Due Friday – Will Fed Cut Interest Rates? The highly anticipated U.S. monthly jobs report is set to be released on Friday, and investors are eagerly awaiting the results to gauge when the Federal Reserve may begin cutting interest rates. Economists are predicting that the U.S. economy added 189,000 jobs in June, a decrease from the previous month’s higher-than-expected gain of 272,000. Leading up to the release of the jobs report, data has indicated a cooling in the country’s labor market. U.S. unemployment benefit claims have increased, and private employers added fewer jobs than anticipated…

Peru Passes Law Introducing Statute of Limitations for Crimes Against Humanity – Impact on Investigations and Human Rights As the world’s best investment manager and financial market journalist, I bring you the latest on Peru’s Congress passing a controversial law introducing a statute of limitations for crimes against humanity. Despite opposition from human rights organizations, the law has been approved in Congress, sparking debate and concerns about ongoing investigations into serious abuses. The law, passed with 15 votes in favor and 12 against, has raised issues about justice and accountability for past human rights violations. The right-wing dominated legislature has…

Title: Dormant Bitcoin Address Worth $6.99 Million Activated After 12.4 Years – What Does This Mean for the Crypto Market? As the world’s top investment manager and financial market journalist, I bring you the latest groundbreaking news: a dormant Bitcoin address containing 119 BTC, valued at $6.99 million, has been activated after 12.4 years. This address, which was only worth $599 in 2012, has seen an incredible gain of 1,166,666%. The activation of long-dormant addresses like this one can have bearish implications for the market. It often indicates that holders are gearing up to sell their assets, potentially causing a…

Representative Lloyd Doggett of Texas’s 37th district recently made significant stock purchases in June 2024, as per the latest congressional trade report. The transactions involved reinvesting in four renowned companies: Home Depot, Inc., International Business Machines Corporation, Johnson & Johnson, and PPG Industries, Inc. Each transaction ranged from $1,001 to $15,000, showcasing Doggett’s substantial investment. These purchases were spread out over ten days, from June 4th to June 13th, 2024. On June 4th, Doggett purchased shares in Johnson & Johnson, a company known for its diverse healthcare product portfolio. This was followed by an investment in IBM on June 10th,…

Investment Manager’s Analysis: Saudi Aid Efforts Hindered by Israeli Closure of Gaza Crossings As the world’s top investment manager and financial market journalist, I bring you an in-depth analysis of the impact of the Israeli closure of Gaza crossings on Saudi Arabia’s humanitarian aid efforts. The closure has severely hampered the delivery of lifesaving food to the people of Gaza, with hundreds of trucks stranded at the borders. Abdullah al Rabeeah, head of the King Salman Humanitarian Aid and Relief Centre, has voiced concerns about the food on these trucks nearing expiry due to the prolonged closure. This has led…

Breaking News: ARK ETFs Make Significant Trades on July 3, 2024 – Tesla Sold, Archer Aviation Bought Cathie Wood’s ARK ETFs have made major moves in their portfolio composition, with a notable shift in trading activities on Wednesday, July 3, 2024. The largest transaction of the day was ARK’s sale of 13,213 shares of Tesla Inc (NASDAQ: TSLA), totaling $3,055,638. This move is part of a continued trend of reducing its stake in the electric vehicle giant over the past week. On the buying side, ARK increased its position in Archer Aviation Inc (NYSE: ARK), purchasing 191,383 shares through its…

How Trump’s Victory Could Impact US Treasury Yields and Your Investments Donald Trump’s win in the US presidential election may lead to a surge in long-term US Treasury yields, as per Edmond de Rothschild Asset Management experts. With plans to impose tariffs on imports, particularly targeting China with tariffs of up to 60%, prices could rise, potentially sparking inflation. Additionally, Trump’s immigration policies, which involve deporting criminals and encouraging millions of immigrants to return to their home countries, could strain the US labor market and economy. This political risk premium could make the long end of the US yield curve…