Author: Multibagger News

Breaking News: Russia’s Assassination Plot on German Arms Manufacturer’s CEO Uncovered by U.S. Intelligence In a shocking revelation, U.S. intelligence has uncovered a plot by Russia to assassinate the chief executive of German arms manufacturer Rheinmetall, a key player in producing artillery shells and military vehicles for Ukraine. According to CNN, this sinister plan was part of a larger scheme by the Russian government to target defense industry executives in Europe who were supporting Ukraine’s war effort. The targeted CEO, Armin Papperger, was fortunately saved thanks to the swift action of German security services, who were alerted by the United…

Earlier this week, exchange-traded funds (ETFs) experienced their highest buying activity since early June, signaling a renewed interest in the original cryptocurrency. In an exclusive interview with Investing.com, Bit Digital Inc (NASDAQ:) CEO Sam Tabar shared his insights on the positive reception of the 10 recently approved spot Bitcoin ETFs, along with discussions on the upcoming U.S. election, Bitcoin price forecast, and more. ETFs Progress and Inflows Tabar, the chief of sustainability-focused bitcoin mining firm (BTBT), expressed his satisfaction with the increased accessibility to digital assets through the recently approved ETFs. These launches have been among the most successful in…

Estee Lauder (NYSE: EL) Outlook Slashed by Piper Sandler, Risks Looming in Chinese Market In a recent development, Piper Sandler revised its outlook on Estee Lauder shares, lowering the price target to $108 from $141 while maintaining a Neutral rating. This adjustment comes in light of ongoing consumer softness in China, which could result in lower-than-expected sales for the fourth fiscal quarter. Despite Estee Lauder’s confidence in the Profit Recovery Program to boost gross margins, concerns persist about potential risks to the profit and loss statement due to weaker scale benefits and input cost inflation in the sluggish Chinese market.…

Unveiling the Secrets of AI-Picked Winning Stocks for July Investing.com — Discover how savvy investors are reaping impressive returns in a flat market with our AI’s stock picks for July! Our premium users are celebrating gains of up to 15% in Enphase Energy (NASDAQ: ENPH) alone this month. And that’s just the beginning! Our exclusive list of winners for July includes top performers like ON Semiconductor Corporation (NASDAQ:), Tesla (NASDAQ:), and Super Micro Computer (NASDAQ:), with twelve stocks already up by more than 5%. Imagine the possibilities of picking winning stocks before they rally! Our Tech Titans strategy has seen…

As the world’s best investment manager and financial market journalist, I bring you the latest update on the U.S. Department of Energy’s groundbreaking initiative to invest $36 million in technologies aimed at lowering emissions from synthetic nitrogen fertilizer used in corn and sorghum for ethanol production. This move comes as a crucial step towards reducing greenhouse gas emissions in the agriculture sector, which accounts for approximately 11% of U.S. emissions. Nitrous oxide emissions, largely from nitrogen fertilizer application, contribute significantly to this figure. The ethanol industry, facing challenges from the rise of electric vehicles, is set to benefit from these…

Grab-Trans-Cab Merger Under Scrutiny: What It Means for Singapore’s Ride-Hailing Market Singapore’s Competition Watchdog Raises Alarm Over Grab’s $74M Acquisition of Trans-cab In a significant development, Singapore’s Competition & Consumer Commission (CCCS) has raised concerns regarding Grab’s proposed acquisition of Trans-cab, a move valued at approximately S$100 million ($74 million). This merger, which could profoundly reshape the city’s ride-hailing landscape, has triggered a wave of apprehension about its potential to reduce competition and inflate prices for consumers. Key Concerns: Driver Shortage Amplified: With Singapore already grappling with a shortage of ride-hailing drivers, the CCCS suggests that the merger could exacerbate…

Investment Manager’s Exclusive Report: Republican Lawmakers Request Intelligence Briefing on Microsoft’s $1.5 Billion Investment in UAE AI Firm G42 In a groundbreaking development, Republican lawmakers are calling for an intelligence briefing from the Biden administration regarding Microsoft’s massive $1.5 billion investment in UAE-based artificial intelligence firm G42. This move comes amidst growing concerns over the potential transfer of sensitive technology and G42’s alleged ties to China. Congressman Michael McCaul and John Moolenaar, two key figures in national security and China-related committees, have penned a letter to White House National Security Advisor Jake Sullivan, urging for a comprehensive briefing before the…

By Joseph Ax (Multibagger) – In a stunning turn of events, the top Arkansas election official has rejected petitions submitted to qualify an abortion rights measure for November’s ballot in the Republican-dominated state. Secretary of State John Thurston cited a lack of required paperwork from organizers, a conclusion that is now being disputed. Despite submitting over 101,000 signatures, more than the minimum required, organizers were deemed to have fallen short due to technicalities. The organization behind the effort, Arkansans for Limited Government, has vehemently denied the allegations and vowed to fight back against the disqualification attempt. Advocates across the country…

Dubai, United Arab Emirates, July 11th, 2024, Chainwire Are you ready to dive into the world of cryptocurrency investing? GoldenDolphin, a groundbreaking new project, is set to launch its presale on July 14th, offering early investors the chance to secure $GLD tokens. With a successful private sale already under its belt and over 10,000 members in its Telegram groups, GoldenDolphin is poised for success in the crypto market. Join the GoldenDolphin Community GoldenDolphin has quickly built a passionate and engaged community that is buzzing with excitement about the project’s innovative features and future plans. From a play-to-earn game to launching…

Bluebird Bio, Inc. Extends Loan Agreement Deadlines: What Investors Need to Know Bluebird Bio, Inc. (NASDAQ:BLUE) recently announced a second amendment to its Loan and Security Agreement (LSA) in a SEC filing on Thursday, extending financial reporting deadlines and modifying compliance obligations. The amendment, effective July 9, 2024, allows the company more time to meet its reporting obligations without facing immediate penalties for delays. The Somerville, Massachusetts-based biopharmaceutical firm, along with lenders including Hercules Capital, Inc., agreed to extend the period for revised monthly financial reporting metrics. Additionally, deadlines for submitting financial statements for the year ended December 31, 2023,…