Author: Multibagger News

Breaking News: France Election Results Cause Market Uncertainty In a surprising turn of events, France is facing a hung parliament after a leftist alliance unexpectedly claimed the top spot ahead of the far right in Sunday’s election. This upset is set to prevent Marine Le Pen’s National Rally (RN) from taking control of the government. The outcome of this election is leaving parliament divided into three major groups with vastly different platforms, leading to potential political gridlock. The euro slipped against the dollar and other major currencies in early Asia trade, indicating market uncertainty. Experts weigh in on the implications…

Breaking News: French Prime Minister Gabriel Attal to Resign Following Unexpected Election Results In a surprising turn of events, French Prime Minister Gabriel Attal announced his resignation on Sunday after the left-wing New Popular Front coalition secured the most seats in the parliamentary elections. This unexpected victory has put them on track to surpass the far-right National Rally party, although they fell short of an absolute majority. This political shakeup has sent shockwaves through the financial markets, with investors closely monitoring the situation for any potential impact on the economy. As the world’s best investment manager and financial market journalist,…

Kamala Harris Emerging as Strong Contender for 2024 Presidential Election Amid Biden’s Mental Fitness Concerns As concerns grow over President Joe Biden’s mental fitness, Vice President Kamala Harris is increasingly seen as a powerful contender for the 2024 presidential election. Top Democrats are considering her as a likely successor to Biden if he chooses not to run. Backed by party heavyweights and Democratic donors, Harris’s chances are being seriously evaluated in anticipation of potential matchups against Republican candidate Donald Trump. Despite facing challenges during her time as vice president, including staff turnover and mixed success with policy initiatives, Harris’s strong…

By the Legendary Investment Manager Harry Robertson and the Financial Market Guru Dhara Ranasinghe In a surprising turn of events, the euro experienced a 0.3% drop to $1.08 following the French parliamentary elections, which indicated a hung parliament with the left wing New Popular Front leading in seat wins. Market expert Simon Harvey from Monex Europe commented, “It looks like the anti-far right parties really got a lot of support, leading to a potential vacuum in France’s legislative ability.” With uncertainty looming, analysts anticipate a period of volatility as investors wait to see the final form of the parliament and…

Is Kamala Harris Poised to Be the Next President in 2024? Democratic Successor to Biden Emerges as Top Contender Vice President Kamala Harris is gaining momentum as a potential frontrunner for the 2024 presidential election, as concerns about President Joe Biden’s mental fitness continue to grow. With key figures in the Democratic party considering her as a likely successor to Biden, Harris’s chances are on the rise. Backed by party heavyweights and gaining support from Democratic donors, Harris is being seriously considered for a potential matchup against Republican candidate Donald Trump. Despite facing challenges during her time as vice president,…

France was on course for a hung parliament in Sunday’s election, with a leftist alliance unexpectedly taking the top spot ahead of the far right, in a major upset that was set to bar Marine Le Pen’s National Rally from running the government. The outcome, if confirmed, will leave parliament divided in three big groups with hugely different platforms and no tradition at all of working together. The leftist alliance, which gathers the hard left, the Socialists and Greens, who have long been at odds with each other, was forecast to win between 172 and 215 seats out of 577,…

France’s Left-Wing Coalition Emerges Victorious in Parliamentary Elections In a surprising turn of events, France’s left-wing New Popular Front coalition has secured the most seats in the second round of parliamentary elections, according to leading pollsters. While falling short of an absolute majority, the coalition is on track for an unexpected win over the far-right National Rally (RN) party. Estimates from various polls suggest that the New Popular Front could secure anywhere between 172-215 seats in parliament, with President Emmanuel Macron’s centrist bloc narrowly edging out Marine Le Pen’s RN party for second place. A total of 289 seats are…

The $8 Million Bitcoin Whale Awakens After a Decade of Dormancy In a shocking turn of events, a Bitcoin address holding 140 BTC, valued at over $8 million today, has resurfaced after ten years of inactivity. The address, known as "1BLoHu," first received 140 BTC back in 2013 when it was worth around $107,000. The transaction from a decade ago originated from another address, "1aWmn," which still had a remaining balance of 180 BTC. While 140 BTC were moved to "1BLoHu," records show that an additional 40 BTC were transferred to Okcoin. Recently, "1aWmn" transferred the dormant 140 BTC from…

As the world’s best investment manager, I bring you the latest market-moving updates from Wall Street analysts. This week saw a rare downgrade for Nvidia, but let’s focus on the top takeaways: Intercontinental Exchange (NYSE:ICE) Receives Goldman Sachs Upgrade Goldman Sachs upgraded Intercontinental Exchange to Buy with a $167 price target, citing strong growth potential in Energy markets and Fixed Income Data & Analytics. The research team believes ICE’s EPS growth will accelerate into the low teens by 2025, driving over 25% revenue growth in 2024E. This upgrade reflects Goldman’s confidence in ICE’s future performance and potential for margin expansion.…

The world is on high alert as Tropical Storm Beryl gains strength and heads towards the Texas coast. The U.S. National Hurricane Center has issued hurricane warnings, with Corpus Christi closing its port in anticipation of gale force winds. Parts of eastern Texas are on flood watch as the storm is expected to make landfall as a Category 1 hurricane. Earlier in the week, Beryl wreaked havoc across the Caribbean, leaving a trail of destruction and claiming at least 11 lives. Now, as it approaches Texas, the National Weather Service warns of storm surges causing coastal flooding and rip currents.…