Author: Multibagger News

Is This the Most Underestimated Bull Market? Alpine Macro Thinks So, and Here’s Why In a recent note, Alpine Macro strategists argue that analysts have consistently underestimated the current bull market. Despite widespread skepticism, the global investment firm believes equities are set to continue surpassing expectations, driven by broadening earnings growth and a resilient economy. Key Highlights: Analysts Miss the Mark: As we reach the midpoint of the year, stock indices have outperformed the top price targets set by Wall Street strategists for 2024. This discrepancy highlights a significant gap between market performance and analyst predictions, with targets falling far…

The Netherlands’ Support for Ukraine is “Rock Solid” – Dutch Ministers Affirm Strong Commitment In a show of unwavering support, newly appointed Dutch defence and foreign affairs ministers reassured Ukraine of the Netherlands’ steadfast commitment. Despite previous doubts stemming from a far-right election victory, the Netherlands remains a key ally to Ukraine since Russia’s invasion in February 2022. During their first visit to Kyiv, Defence Minister Ruben Brekelmans and Foreign Minister Caspar Veldkamp met with President Volodymyr Zelenskiy and other top Ukrainian officials. Veldkamp emphasized the Netherlands’ comprehensive backing for Ukraine in political, military, financial, and moral aspects, while Brekelmans…

Legendary Trader Peter Brandt Rings Alarm Bells for Bitcoin Investors – Market Analysis and Forecast Peter Brandt, a renowned figure in the financial world, has identified a concerning trend in the current market. Despite being in an overall uptrend, the price of Bitcoin, often referred to as digital gold, has been steadily declining. What’s more alarming is the severity of the correction that is currently underway. According to Brandt, who is known for his accurate predictions and deep market insights, Bitcoin has broken below the crucial 200 exponential moving average, a historically strong support level. This breach indicates the possibility…

Investors Brace for Inflation Report as Labor Market Shows Signs of Moderation After a holiday-shortened week, investors are gearing up for the upcoming inflation report, a key highlight of the week ahead. Last week, the labor market showed fresh signs of moderation, with June’s nonfarm payroll figures revealing a slight decrease in job growth and a uptick in the U.S. unemployment rate. Inflationary pressures, a concern for both markets and policymakers, may be easing as indicated by lower-than-expected figures in the ISM’s prices paid index. Annual wage gains from the nonfarm jobs report also saw a decrease, suggesting a potential…

Wall Street Recap: Key Analyst Upgrades and Downgrades You Can’t Afford to Miss Unpacking the Top Analyst Calls of the Week: Nvidia, Intercontinental Exchange, Pure Storage, and Charter Communications Intercontinental Exchange (NYSE: ICE) What Happened? Goldman Sachs upgraded Intercontinental Exchange (NYSE: ICE) to a "Buy" rating with a $167 price target on Monday. Full Analysis Goldman Sachs upgraded ICE from "Neutral" to "Buy," setting a 12-month price target at $167, suggesting a 22% upside. Despite sub-10% EPS growth over the past three years, Goldman anticipates EPS growth to accelerate into the low teens by 2025 and beyond. This optimism is…

Investors Prepare for Key Inflation Report After Labor Market Shows Signs of Moderation As the world’s best investment manager, I am here to provide you with the most up-to-date information on the upcoming week in the financial markets. After a holiday-shortened week, investors are eagerly awaiting the inflation report, which is set to be the key highlight of the week ahead. Last week, the labor market displayed fresh signs of moderation, with June’s nonfarm payroll figures showing a slight increase of 206,000 jobs, down from May’s revised count of 218,000. Additionally, the U.S. unemployment rate saw a slight uptick from…

By Moira Warburton As the 2024 election season heats up, a growing number of Democrats in the U.S. Congress are calling on Democratic President Joe Biden to end his re-election bid following his lackluster debate performance against Republican rival Donald Trump. This move has significant implications for the future of the Democratic Party and the upcoming election. List of Lawmakers Urging Biden to Step Down: Representative Lloyd Doggett: Doggett, a U.S. House of Representatives member from Texas, was the first to publicly call for Biden to step down. He cited Biden’s trailing poll numbers and lack of momentum following the…

Top AI Stocks and Analyst Moves This Week: Nvidia, Pure Storage, Dell, Amazon, and European Chipmakers As the world of artificial intelligence (AI) continues to evolve, major financial analysts have made significant moves regarding key AI stocks this week. Here’s a comprehensive breakdown of these crucial updates and what they mean for your investments. Nvidia (NASDAQ: NVDA) Downgraded by New Street Research New Street Research has downgraded Nvidia from Buy to Neutral. The analysts pointed out that while GPU revenues are expected to rise by 35% in 2025, there is limited further upside. The firm cited potential risks such as…

Title: President Biden’s Leadership Crisis: Allies and Donors Express Doubts As the world’s best investment manager, financial market’s journalist, and SEO mastermind, I bring you the latest on President Joe Biden’s mounting crisis of confidence. Recent events have left his candidacy on shaky ground, with some Democratic strategists considering support for Vice President Harris and calls for Biden to step aside growing louder. Despite efforts to project resilience and vibrancy, Biden’s acknowledgment of his physical and oratorical decline has raised questions about his fitness for office. Strategic missteps and a retreat from public view have only exacerbated the situation. His…

AI Technology Rally Faces Potential Pitfalls: Yardeni Research Highlights Critical Risks Yardeni Research analysts have cast a spotlight on the booming AI technology sector, signaling two significant risks that investors should be wary of. While the promise of AI revolutionizing industries is undeniably captivating, there are emerging signs of what can be termed "AI Inflation" that warrant a prudent approach. Unprecedented Capital Influx: A Double-Edged Sword The first red flag is the extraordinary amount of capital being funneled into AI startups. According to Yardeni Research, investors have injected a staggering $330 billion into 26,000 AI startups over the past three…