Author: Multibagger News

Title: Republican Backers Attack Kamala Harris Amid Speculation of 2024 Presidential Run Investing.com — As speculation swirls about Vice President Kamala Harris potentially replacing President Joe Biden in the 2024 presidential election, Republican supporters of Donald Trump are intensifying their criticisms, reports Multibagger. Biden’s lackluster performance in a recent debate with Trump has raised concerns among Democrats about his ability to continue his reelection campaign. While Biden has expressed his commitment to staying in the race, reports indicate that Harris is the favored choice among Democrats to lead the party’s ticket if Biden steps aside. A recent Multibagger/Ipsos poll showed…

Toronto Area Home Sales Rise in June After Interest Rate Cut, Prices Increase: TRREB Data Toronto area home sales saw a 4.2% increase in June following Canada’s first interest rate cut in over four years, with average prices rising by 1.8% to C$1.13 million. The Bank of Canada’s rate cut to 4.75% in early June has boosted the housing market, with money markets predicting a further cut this month. While year-over-year home sales fell by 16.4% in June, new listings were up 12.3%. TRREB chief market analyst Jason Mercer noted that the market is currently well-supplied, giving buyers more negotiating…

Title: Trump Supporters Ramp Up Attacks on Kamala Harris Amid Speculation of 2024 Presidential Run Investing.com – In recent news, Republican allies of former President Donald Trump have intensified their criticisms of U.S. Vice President Kamala Harris amidst growing speculation that she could potentially replace President Joe Biden as the Democratic candidate in the upcoming 2024 presidential election, as reported by Multibagger. Following Biden’s lackluster performance in a highly anticipated debate against Trump, concerns have emerged within the Democratic party regarding his ability to continue his reelection campaign. Despite Biden’s reaffirmation of his commitment to the race, media outlets have…

If you’re following the market, you may have noticed a recent shift in expectations for Medexus Pharma (MDP:CN) (OTC: PDDPF) stock. Canaccord Genuity, a leading firm, downgraded the pharmaceutical company from Buy to Speculative Buy, and adjusted the price target from C$3.00 to C$2.65. This adjustment reflects a change in valuation methodology for Medexus Pharma. Previously valued at 5.0 times its forecasted adjusted EBITDA for fiscal year 2025, the company is now being viewed through a more speculative lens. Canaccord Genuity has increased the target multiple to 6.0 times the adjusted EBITDA estimate, but due to a revised, lower EBITDA…

Title: How a GOP Sweep in November Could Impact the U.S. Budget Deficit: Analysis by Piper Sandler Investing.com — According to analysts at Piper Sandler, the most likely outcome of the crucial U.S. election in November is Donald Trump regaining the White House and his Republican party winning majorities in both chambers of Congress. This “GOP sweep” scenario could lead to an increase in the American budget deficit, with the extension of 2017 tax cuts being a key factor. The analysts predict that some provisions of the tax reforms are set to expire next year, but they do not expect…

Ethiopia’s Prime Minister Announces $10.5 Billion Support Package from IMF and World Bank Ethiopia is set to receive a massive $10.5 billion in financial support over the next few years, as Prime Minister Abiy Ahmed revealed in a statement on Thursday. This support comes after the country faced challenges with high inflation and foreign currency shortages, leading to a default on its debt in December. The negotiations with the International Monetary Fund (IMF) and World Bank have been ongoing for years, with Ethiopia seeking to borrow $3.5 billion from the IMF, secure another $3.5 billion in budget support from the…

Global, Global, July 4th, 2024, Chainwire Venom Foundation has achieved a significant milestone in its global expansion strategy by listing its native token, $VENOM, on two of India’s leading cryptocurrency exchanges, WazirX and CoinDCX. This strategic move opens up access to a massive user base in India, the world’s most populous country, driving adoption and visibility for $VENOM. “We are excited to announce the listing of $VENOM on WazirX and CoinDCX. This move into the Indian market, with over 30 million users, is a major milestone for Venom. It demonstrates our commitment to fostering innovation and adoption in the blockchain…

Royal Unibrew Stock Outlook: Citi Maintains Neutral Stance with Price Target of DKK510.00 In a recent update, Citi has reiterated its Neutral stance on Royal Unibrew stock with a price target of DKK510.00. The company, listed on the Copenhagen Stock Exchange as RBREW:DC and traded over-the-counter as ROYUF, has shown strong performance in the first quarter and is expected to continue this positive trend into the second quarter. Royal Unibrew has benefited from easier year-over-year comparisons due to a destocking period in Italy last year, as well as successfully navigating through macroeconomic and geopolitical challenges in its international markets. Consumer…

As the Best Investment Manager, Learn How Trump’s Re-Election Could Impact Your Finances | SEO-Optimized Content Donald Trump’s potential return to the White House with a Republican majority in Congress could lead to a surge in the American budget deficit, according to Piper Sandler analysts. In a recent report, they highlighted the possibility of a “GOP sweep” scenario, which could result in an extension of the 2017 tax cuts that are set to expire next year. Despite Trump’s musings about further tax cuts, including slashing the corporate rate and implementing tariffs, analysts believe that the only new “offset” to the…

The Ultimate Guide to Fourth of July Celebrations Across America | Independence Day 2023 As the world’s best investment manager and financial market’s journalist, I bring you an in-depth analysis of how millions of Americans celebrated the Fourth of July this year. From parades to fireworks shows and barbecues, Americans took a break from the daily news cycle to come together and celebrate their independence. With the country facing hyper-partisanship and a heated election battle between President Joe Biden and challenger Donald Trump, this year’s Independence Day was a much-needed opportunity for Americans to set aside their differences and enjoy…