Author: Multibagger News

U.S. Retail Sales Unchanged in June, Consumer Resilience Bolsters Economic Growth By Lucia Mutikani WASHINGTON (Multibagger) – In a surprising turn of events, U.S. retail sales remained unchanged in June despite a drop in auto dealership receipts. However, the overall strength in other sectors displayed consumer resilience, which has bolstered economic growth prospects for the second quarter. The Commerce Department’s report on Tuesday showed that sales in May were higher than initially estimated, leading to optimism among economists. This positive data did not change expectations of the Federal Reserve potentially cutting interest rates in September, amidst cooling inflation. Bill Adams,…

The Ultimate Investment Manager’s Guide to Biden’s 2024 Presidential Campaign Resuming Political Advertising As the world’s best investment manager, financial market journalist, and SEO mastermind, I am here to bring you the latest news on U.S. President Joe Biden’s 2024 presidential campaign. After suspending ads in the aftermath of the attempted assassination of Republican Donald Trump, the Biden campaign is set to resume political advertising this week. According to sources familiar with the matter, the Biden campaign has made the decision to restart its advertising efforts. While the campaign itself has not commented on the matter, this move is sure…

Unleashing the Power of Artificial Intelligence in Scientific Testing: A Game Changer for the Future of Medicine In the fast-paced world of scientific testing, the use of animals has long been a necessary but controversial practice. From animal lovers to laboratory technicians, no one enjoys subjecting animals to experiments. However, thanks to the rapid advancements in artificial intelligence (AI), a new era of non-animal alternatives is on the horizon. AI systems are revolutionizing the field of scientific testing by trawling through vast amounts of existing data to prevent the need for unnecessary new tests. This not only saves time and…

Microsoft Under Investigation in the UK for Potential Merger with AI Start-Up – What Does This Mean for Investors? Microsoft is facing scrutiny in the UK over allegations that it effectively merged with an artificial intelligence (AI) start-up by hiring its key employees. The Competition and Markets Authority (CMA) is investigating whether this move could lessen competition in the market. Inflection AI, the start-up in question, specializes in generative AI, which has been a hot topic in the tech world recently. This type of AI allows computers to create media like text and images based on vast libraries of existing…

PlayFi Powers First AI-Driven Prediction Market for Esports World Cup CounterStrike New York City, New York, July 16th, 2024, Chainwire – PlayFi, the leading AI-powered data network and blockchain for the live streaming industry, is thrilled to unveil its revolutionary live content predictive market competition for the Esports World Cup in Saudi Arabia. This groundbreaking competition, powered by PlayFi AI processors and AI agents, allows users to mint NFTs, predict tournament outcomes, and earn substantial rewards. "We’ve shown you the capabilities of PlayFi. Now, witness it in action," stated Ben Beath, the founder of PlayFi. "This initiative signifies a major…

Scotiabank Raises Price Target for Gaming and Leisure Properties Inc. to $50, Analysts Remain Bullish on Stock Scotiabank has updated its outlook on Gaming and Leisure Properties Inc. (GLPI), increasing the price target to $50 from $48 while maintaining a Sector Perform rating. The adjustment takes into account recent transactions, changes in the secured overnight financing rate (SOFR), and the financing of construction for Casino Queen Baton Rouge. The bank’s analyst emphasized the impact of new transactions on financial projections and considered a downward shift in the 2025 SOFR curve. The revised AFFOPS estimates for 2024 and 2025 are now…

Baird Analysts Reiterate Outperform Rating on Tesla Ahead of Q2 Earnings Report In a recent note to investors, Baird analysts reaffirmed their bullish stance on Tesla (NASDAQ: TSLA) shares, highlighting a favorable setup leading into the electric vehicle (EV) maker’s Q2 earnings report next week. The analysts expressed optimism about the quarter, citing a more stable pricing environment, increased revenue from full self-driving technology, and a strong performance in the Energy Segment as key drivers of potential success. One particular event that Baird analysts are eagerly anticipating is the upcoming Robotaxi event, which they believe will serve as a positive…

Investment Manager Reveals Court Orders FERC to Reassess Impact of Commonwealth LNG Project – What Does This Mean for Your Finances? By Timothy Gardner In a groundbreaking decision, a U.S. court has ordered the Federal Energy Regulatory Commission to reevaluate the environmental impact of Commonwealth LNG’s Louisiana liquefied natural gas project. While the court did not overturn FERC’s initial approval of the project, it has demanded a closer examination of greenhouse gas emissions and other environmental factors. Environmental groups, including the Natural Resources Defense Council, challenged FERC’s approval, arguing that the regulator failed to adequately consider the climate and air…

Top Investment Risks in Cryptocurrency Trading: What You Need to Know to Safeguard Your Wealth Risk Disclosure: Navigating the High-Stakes World of Financial Instruments and Cryptocurrencies Engaging in the trading of financial instruments and cryptocurrencies comes with substantial risks, including the possibility of losing your entire investment. This arena may not be suitable for every investor due to the extreme volatility of cryptocurrency prices, which can be influenced by a myriad of external factors such as financial, regulatory, or political events. Trading on margin further amplifies these financial risks. Before you take the plunge into trading financial instruments or cryptocurrencies,…

Assassination Attempt on Donald Trump Exposes Major Security Flaw – Exclusive Insider Analysis By Andrew Hay, Ted Hesson and Jonathan Landay As the world’s best investment manager and financial market journalist, I bring you exclusive insider information on the recent assassination attempt on Donald Trump. The gunman fired from a rooftop that the U.S. Secret Service had declared to be outside its security perimeter, exposing a major security flaw that should not have been overlooked. Former Secret Service officials have criticized the agency for allowing the gunman, Thomas Crooks, to access the roof unimpeded and fire directly at Trump, resulting…