Author: Multibagger News

Title: The Future of Data Storage: Holograms, Glass Panes, and AI By Ben Morris, Editor, BBC Technology of Business, Published on June 11, 2024 In the fast-paced world of data storage, the year 2039 might seem distant, but Ian Crawford at the Imperial War Museum is already preparing for it. With the 100th anniversary of World War Two approaching, the museum is digitizing its extensive collection of historical media. The increasing amount of data being generated is not just a challenge for museums, but for businesses, hospitals, and governments as well. Traditional data centers are not equipped for long-term storage,…

Unveiling the Truth Behind the iPhone XS and XS Max: A Comprehensive Analysis by the World’s Best Investment Manager and Financial Market Journalist Are the new iPhone XS and XS Max worth the hefty price tag? As Apple CEO Tim Cook touts them as the best iPhones ever made, let’s dive deep into what these new models offer and how they can impact your finances. The iPhone XS and XS Max boast impressive features like a new A12 bionic chip, improved battery life, and stunning OLED screens. But are these upgrades truly revolutionary, or just incremental improvements from previous models?…

The Ultimate Guide to Crypto Market Trends in 2024: Analysis & Insights As the world’s top investment manager and financial market journalist, I bring you the latest updates on the crypto market’s performance in the first half of 2024. With a total market cap of $2.27 trillion and a solid 37.3% year-to-date growth, it’s clear that the crypto market is on the rise. In the first quarter, the market saw a massive 60.2% increase, but the second quarter experienced a slight dip of 14.3%. Despite this, assets like Bitcoin and Ethereum have been top performers, with returns of 48% and…

Truist Securities Revises Medtronic (NYSE: MDT) Price Target to $85 – Is It Time to Buy? Truist Securities, a leading financial firm, has adjusted its price target for Medtronic, a global leader in medical technology. The new target of $85, down from $88, reflects the company’s earnings prospects and industry position. Analysts used a 15 times multiple on Medtronic’s projected EPS for 2025 to reach the new target. This multiple is a discount compared to peers, who typically trade at 20 times earnings. Despite the conservative valuation, there is potential for the multiple to expand if Medtronic can demonstrate stronger…

Uncovering the Hidden Gems: How ProPicks AI-Powered Stock Picks are Crushing the Market Are you missing out on the latest rotation trend in the market? Builders FirstSource and other lesser-known names are soaring, but are you still holding onto overextended stocks from the first half of the year? For less than $8 a month, our premium users have access to an AI-powered list of winning stock picks. In July alone, our picks have yielded over 15% gains, with eight stocks hitting double digits. Our state-of-the-art AI models analyze historical market data to identify the best stocks before they become too…

By Sergei Pivovarov and Olga Popova ROSTOV REGION, Russia (Multibagger) – Farmers in the Rostov region, Russia’s breadbasket, are facing challenges as they work to salvage a harvest damaged by extreme weather conditions. The region, accounting for 11% of Russia’s total grain harvest last year, is a key area being monitored by Russia’s agriculture ministry for adjustments to the 2024 crop forecast. The ministry’s estimate for the Russian grain harvest in 2024 is 132 million tonnes, down 9% from 2023. Rostov, in particular, is expecting a 38% decline in its grain harvest this year due to a combination of heatwaves…

Meta and EssilorLuxottica’s Smart Glasses: A Game-Changer in Wearable Tech Introduction In a groundbreaking development for the wearable tech industry, Meta Platforms (NASDAQ:) and EssilorLuxottica have reported exceptional sales of their new generation smart glasses. The Ray-Ban Meta smart glasses have outperformed the previous model, selling more units in a few months than their predecessors did in two years, according to EssilorLuxottica’s Chief Executive. What Are Ray-Ban Meta Smart Glasses? Launched in October, the Ray-Ban Meta smart glasses offer a unique feature set that includes the ability to livestream directly to Facebook and Instagram followers. Additionally, these glasses are powered…

The International Monetary Fund has revised Saudi Arabia’s economic growth downwards by nearly one percentage point, attributing it mainly to oil production cuts. This revision is the largest among major economies and has also impacted the rest of the Middle East and North Africa region, which is now projected to grow by 2.2% this year, a downward revision of half a percentage point from previous estimates according to the IMF’s World Economic Outlook. Saudi Arabia has been implementing a significant economic overhaul known as Vision 2030 in an effort to reduce its dependence on oil. The country’s sovereign wealth fund,…

President Joe Biden is set to address the NAACP national convention in Nevada, marking his first political speech since the attempted assassination of former President Donald Trump. The Biden campaign has shifted its focus to unity in the wake of the shooting, pulling television ads and halting verbal attacks on Trump. The campaign’s strategy of criticizing Trump as a threat to democracy has been adjusted to strike a less aggressive tone while still highlighting the differences between Biden and his Republican rival. The NAACP, a key constituency for the Democratic Party, is looking for Biden to address economic struggles and…

Revolutionizing Fire Investigation Training: How Virtual Reality is Changing the Game In a groundbreaking study, researchers have found that virtual reality technology could be the key to training the next generation of fire investigators. By building mock crime scenes and conducting controlled burns with the help of firefighters, they were able to accurately measure results and recreate the scenes in virtual reality. The team from the University of Dundee, in collaboration with emergency services, has shown that more investigators were able to determine the origin and development of a fire using this cutting-edge technology. With the potential to revolutionize how…