Author: Multibagger News

How Britain’s Worker Shortage is Impacting Construction and Engineering Firms – Latest Survey Reveals Alarming Trends In a recent survey conducted by the British Chambers of Commerce (BCC), it was found that construction and engineering firms in Britain are facing significant challenges due to a shortage of workers. This poses a major obstacle for Prime Minister Keir Starmer’s plans to boost home-building and infrastructure in the country. According to the BCC’s quarterly recruitment survey, 82% of construction and engineering businesses reported difficulties in recruitment, a sharp increase from 69% in the previous quarter. The problem is not limited to these…

SEC Greenlights Ether ETFs: A New Era for Cryptocurrency Investment By Suzanne McGee and Hannah Lang (Multibagger) – The U.S. Securities and Exchange Commission (SEC) has given preliminary approval to at least three of the eight asset managers aiming to launch exchange-traded funds (ETFs) tied to the spot price of Ether. These ETFs are set to begin trading next Tuesday, according to three industry sources. Key Points: SEC Approval: The SEC’s preliminary approval is contingent on applicants submitting final offering documents before the end of this week. Simultaneous Launch: All eight Ether ETFs are expected to launch simultaneously. Big Names…

The Argentine parallel market peso saw a significant appreciation against the U.S. dollar on Monday as the local stock market faced challenges following the implementation of new economic policies by President Javier Milei’s government. Over the weekend, Argentina’s economy minister unveiled a plan to halt the expansion of the monetary base in a bid to combat inflation. The next day, a $1.5 billion purchase from the central bank was announced to cover bond interest payments due in January. As a result, the peso strengthened by 6.01% to reach 1,415 pesos per dollar, with initial gains of around 2% in early…

Breaking News: Trump Picks J.D. Vance as VP Running Mate at Republican National Convention By Gram Slattery, Alexandra Ulmer, Steve Holland and Nathan Layne Donald Trump has officially chosen Ohio U.S. Senator J.D. Vance as his vice presidential running mate at the Republican Party’s national convention in Milwaukee. Trump made the announcement on his Truth Social platform, praising Vance’s commitment to upholding the Constitution and supporting the military in his role as Vice President. The convention comes on the heels of an assassination attempt on Trump in Pennsylvania, where he narrowly escaped harm. Despite this, Trump secured a legal victory…

Title: Etsy Bans Sex Toys and Erotic Items Online – How Will This Impact Sellers and Consumers? As the world’s top investment manager and financial market journalist, I have come across some shocking news that could have a major impact on both sellers and consumers in the online marketplace. Etsy, known for its handmade, vintage, and craft items, has announced a ban on sex toys and erotic items, along with products that expose certain body parts when modeled. This move has sparked a backlash from affected sellers who fear a significant drop in revenue. Many have voiced their concerns about…

Unlock the Future with Apple’s Latest Software Betas – Get a Sneak Peek at iOS 18 Features Now! Apple has just dropped the public betas for their highly anticipated next generation of software, including iOS 18, Mac, iPad, and Apple Watch updates. Now is your chance to test out the latest features and provide valuable feedback to Apple before the official release. If you’re eager to get your hands on Apple’s upcoming software upgrades, sign up for the Apple Beta Software Program on their website. Enroll your device to gain access to early versions of these exciting new features. One…

Breaking News: SEC Signals Approval of Ether ETFs by July 22nd In a groundbreaking development, the US Securities and Exchange Commission (SEC) has indicated that the approval of exchange-traded funds (ETFs) for Ether is on the horizon. Industry insiders have revealed that at least three out of eight firms are expected to receive final approval to introduce these new products on July 23rd. Regulatory authorities have informed these firms to submit their final offering prospectuses by the end of the week. If all criteria are met, the SEC is likely to provide issuers with a formal “effective date” for the…

Insider Trading Alert: Tan Lip Bu Sells $8 Million Worth of Shares in Credo Technology Group Holding Ltd (NASDAQ:CRDO) In a recent development, Tan Lip Bu, Director of Credo Technology Group Holding Ltd, made a significant sale of shares in the company. This insider transaction took place on July 15, 2024, with the total value exceeding $8 million. The sales included three separate transactions at different prices. The first sale consisted of 105,589 shares at an average price of $32.01, the second involved 121,118 shares at an average of $33.11, and the third sale was for 18,731 shares at an…

Unleashing the Potential: Gold Prices Set to Surge to $3,000 per Ounce, Citi Analysts Report In a groundbreaking report, Citi analysts predict that gold prices could skyrocket to $3,000 per ounce as financial flows indicate a significant expansion on the horizon. The weakening US labor market, coupled with a broader trend of disinflation and a soft June CPI print, point towards a dovish pivot by the Federal Reserve at the upcoming July FOMC meeting – a move that would bolster the precious metals market. Citi’s analysis highlights the historical impact of Fed cuts on precious metal prices, with median log…

Disney Data Breach: Hacktivist Group Nullbulge Exposes Internal Slack Channels – How It Impacts Investors and Stakeholders Investing.com – In an unexpected turn of events, the hacktivist group Nullbulge has infiltrated Disney’s internal Slack collaboration system, according to reports reviewed by The Wall Street Journal. This breach could have significant implications for the entertainment giant and its stakeholders. Hacktivists Expose Sensitive Disney Data Nullbulge has released extensive data from thousands of Disney’s Slack channels, including unreleased project details and computer code. The information spans various departments and initiatives, ranging from software development to corporate strategy discussions and even personal photos…