Author: Multibagger News

Discover the Incredible Impact of Moscow’s “Russia” Exhibition – A Permanent Landmark! By Andrew Osborn Are you ready to be amazed by the power and beauty of Russia’s past, present, and future? Step into Moscow’s “Russia” exhibition and witness a showcase of national pride like never before. With over 18 million visitors in just eight months, this exhibition has captured the hearts and minds of people from around the world. President Vladimir Putin himself has declared this exhibition a permanent landmark, highlighting the importance of showcasing the country’s achievements and promoting a sense of unity among its people. From traditional…

Breaking News: SSV Network Hits Milestone with 1 Million ETH Staked, Revolutionizing Ethereum’s Security – Chainwire In a groundbreaking move for the staking and restaking ecosystems, SSV Network has achieved a monumental milestone by reaching 1 million $ETH staked on its platform. With over $3 billion in total value locked (TVL), SSV Network has become a key player in the world of distributed validator technology (DVT). The protocol, which officially launched in December 2023, allows partners and solo stakers to securely distribute ETH validators and earn rewards by becoming node operators on the platform. This not only enhances the security…

Microchip Technology Inc Launches New PIC64 Series for Edge Computing Domains Microchip Technology Inc (NASDAQ:MCHP) has introduced its latest PIC64 series, signaling its entrance into the 64-bit microprocessor (MPUs) market to meet the increasing demands of real-time, compute-intensive applications. With the launch of the first product from the series, the PIC64GX, Microchip establishes itself as a leading provider of MPUs, enabling intelligent edge computing solutions across various sectors. The PIC64GX is specifically designed for industries such as industrial, automotive, communications, Internet of Things (IoT), aerospace, and defense, where power-efficient, secure, and reliable processing at the edge is crucial. Featuring a…

Lucid Group to Recall 12,757 Air Luxury Sedans: Software and Coolant Heater Issues Identified (Multibagger) – In a recent announcement, Lucid Group (NASDAQ: LCID) revealed plans to recall approximately 5,251 of its 2022-2023 Air luxury sedans due to a critical software error that poses a risk of power loss. Additionally, the U.S. National Highway Traffic Safety Administration (NHTSA) disclosed that Lucid will recall about 7,506 of its 2022-2024 Air luxury sedans to address a malfunctioning coolant heater, which could potentially impair windshield defrosting capability. The software issue, initially identified earlier this year, prompted Lucid to release an over-the-air update in…

Turkey’s Inflation Data Controversy Explained by Expert Investment Manager In a recent statement, the head of Turkey’s statistics institute defended the accuracy of the country’s inflation data amidst growing criticism. Erhan Cetinkaya reassured reporters that Turkey’s inflation figures are calculated using standard methods, dismissing concerns as “unjust.” The controversy began earlier this year when the Statistical Institute (TUIK) faced credibility issues due to a lack of historical price data. Additionally, recent data showing a decrease in annual inflation raised eyebrows, with some questioning the reliability of the numbers. Despite these concerns, Cetinkaya emphasized that inflation calculations are based on a…

By the World’s Best Investment Manager, Financial Markets Journalist, and SEO Mastermind Are President Biden’s re-election prospects causing chaos in the financial markets? Democrats in the U.S. Congress are facing mounting fears about their chances in the upcoming election, leading to behind closed doors meetings and calls for Biden to step aside. But what does this mean for investors and the economy? While some House Democrats have publicly called for Biden to step down, others are expressing concerns about his ability to run a successful campaign. This internal rift within the party has sent shockwaves through the Biden campaign, with…

Grand Cayman, Cayman Islands, July 9th, 2024, Chainwire Exciting news for the derivatives ecosystem on Arbitrum as two top DeFi projects, GMX and Gains Network, announce plans to integrate their platforms into Kwenta’s upcoming perpetuals marketplace. Kwenta, the leading perpetual futures exchange on Optimism, is expanding its reach and connecting derivatives liquidity across multiple chains with the launch of the Base network. The recent approval of a grant from the Arbitrum DAO further supports Kwenta’s expansion to the Arbitrum network. Product Offerings from GMX and Gains Network GMX and Gains Network are set to integrate their liquidity into Kwenta’s platform,…

On Tuesday, RBC Capital revised its stance on Naturgy Energy Group (NTGY:SM) (OTC: GASNY), upgrading the utility company’s stock from Underperform to Sector Perform. The firm maintained its price target at €21.00. The upgrade follows a recent price correction after an unsuccessful transaction with Taqa, and improved expectations for liquefied natural gas (LNG) profitability. The analyst from RBC Capital noted that Naturgy’s gradual shift in its gas contracts over the past years, coupled with a strategic move towards networks and renewable energy, are seen as positive steps for the company. The adjustments in the business model are reflected in the…

Top Investment Manager Reveals Powell’s Testimony Impact on Wall Street Futures, Biden’s Presidential Race, and Boeing’s Spotlight Moment As the world’s best investment manager, financial market’s journalist, and SEO mastermind, I bring you the latest updates on the impact of Federal Reserve Chair Jerome Powell’s testimony, President Biden’s stance on the presidential race, and Boeing’s recent spotlight moment. 1. Powell heads to Capitol Hill – Federal Reserve Chair Jerome Powell’s semi-annual Congressional testimony begins with an appearance before the Senate. – Expectations of interest rate cuts in September rise as economic data signals cooling inflation and a strained job market.…

Top Investment Manager’s Guide: Oil and Gas Companies in Texas Restarting Operations After Hurricane Beryl – Impact on Crude Prices and Your FinancesBy Marianna Parraga, Arathy Somasekhar and Erwin Seba HOUSTON (Multibagger) – Oil and gas companies in Texas were restarting operations on Tuesday after Hurricane Beryl lashed the state with 80-mph winds, damaging property and leaving millions of people without power. Beryl made landfall early on Monday near the coastal town of Matagorda. Some energy firms shut operations ahead of its arrival and Texas’ largest ports and navigation channels closed. But its impact on oil and gas production is…