Author: Multibagger News

Bybit, the world’s second-largest web3 platform, solidifies its commitment to innovation and collaboration in the blockchain industry through sponsorships at prestigious events in Switzerland. Bybit, web3 platform, blockchain industry, Swiss Summer Web3Fest, Crypto Valley Conference, sponsorship Dubai, United Arab Emirates, July 4th, 2024, Chainwire Bybit, the world’s second-largest web3 platform by trading volume, solidified its commitment to fostering innovation and collaboration within the blockchain industry through a multifaceted sponsorship at the prestigious Swiss Summer Web3Fest and Crypto Valley Conference (CVC) in Switzerland in early June 2024. “Bybit was one of the sponsors at the Swiss Summer Web3Fest and the Crypto…

ASR Nederland NV (ASRNL:NA) Receives Buy Rating from Berenberg with EUR57.00 Price Target Berenberg reaffirmed its positive stance on ASR Nederland NV (ASRNL:NA) (OTC: ASRRF) stock, maintaining a Buy rating and a price target of EUR57.00. The firm’s outlook is based on the potential growth in the company’s life and pensions segment, influenced by the Dutch pension reform. In a recent analysis, Berenberg highlighted ASR Nederland’s strategic approach towards the Dutch pension reform. The company’s segments, including defined benefit (DB) pension buyouts, defined contribution (DC) pensions, and annuities, are expected to capitalize on the upcoming changes in the pension landscape.…

UK Financial Sector Braces for Labour’s Pro-Business Promises Amid Election By Sinead Cruise and Huw Jones LONDON (Multibagger) – The UK’s financial sector is cautiously optimistic about Labour’s pro-business promises and commitments to stability, but some remain concerned about potential tax hikes to support Britain’s stretched public finances. Under leader Keir Starmer, the Labour Party—expected to win the upcoming UK election—has actively engaged with the City of London, recognizing that private capital will be essential for their economic growth plans. In the 2019 election, Starmer’s predecessor Jeremy Corbyn proposed a radical manifesto to increase public investment by raising taxes on…

Household Savings in Euro Zone Hit Three-Year High, Investments Fall – Eurostat Report As the world’s best investment manager, I bring you the latest news on household savings and investments in the euro zone. According to the European Union’s statistics office, household savings in the euro zone have reached their highest level in about three years, while investments have continued to fall in the first quarter of 2024. Europeans have traditionally saved more than their U.S. counterparts, and this trend has only intensified recently. The ongoing uncertainties surrounding the war in Ukraine and the broader economic outlook may be contributing…

Anatoly Antonov, Russia’s Ambassador to the United States, Prepares for Departure Amidst Rising Tensions – What This Means for Your Investments In a recent statement, Anatoly Antonov, Russia’s ambassador to the United States, hinted at the end of his assignment, potentially opening the door for a new envoy from Moscow to Washington. This development comes at a time when relations between the two countries are at their lowest point in decades, with conflicts over Russia’s actions in Ukraine and a general deterioration of diplomatic ties. The news of Antonov’s departure was first reported by Russia’s Kommersant newspaper, which discovered a…

Title: Robert Kiyosaki Predicts Bitcoin to Reach $10 Million After Economic Crash: What Investors Need to Know As the world’s best investment manager and financial market journalist, I bring you the latest prediction from Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad.” Kiyosaki anticipates a monumental economic crash that will pave the way for Bitcoin to skyrocket to $10 million per BTC. This prediction comes amidst growing concerns about the United States’ status as the largest debtor nation in history and the declining faith in traditional currency. According to Kiyosaki, this impending collapse will signal the beginning of…

Citi Raises Price Target for Keywords Studios Plc Amid Buyout Offer In a recent update, Citi has revised its price target for Keywords Studios Plc (KWS:LN) (OTC: KYYWF) shares to GBP24.50 from GBP23.15, maintaining a Neutral rating. This adjustment follows the company’s acceptance of a buyout offer at 2450p per share, with strong shareholder support. Keywords Studios, a key player in the video game industry, has received backing from major shareholders for the acquisition bid. The likelihood of the deal’s completion is high, prompting Citi’s analyst to factor in a near-certain probability and adjust the price target accordingly. The proposed…

S&P 500 Set for Broader Rally in 2024: Wells Fargo Analysts Forecast Expansion Beyond AI Stocks Overview: The S&P 500 is projected to experience a broader rally in the latter half of 2024, as growth extends beyond the few AI-linked companies that dominated gains in the first six months of the year, according to Wells Fargo analysts. Key Highlights: YTD Performance: The S&P 500 surged 14.5% year-to-date in the first half of 2024, marking its third-best performance in the past 25 years. AI-Driven Gains: A limited number of AI-focused companies, including Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Nvidia (NASDAQ:NVDA), Tesla…

Expert Analysis: Trump Win in U.S. Election to Spark Rise in Treasury Yields – Benjamin Melman By Nell Mackenzie If Donald Trump wins the U.S. presidential election, expect a surge in long-term U.S. Treasury yields, warns Benjamin Melman, Chief Investment Officer at Edmond de Rothschild Asset Management. Trump’s policies on taxes and immigration could impact the U.S. labor market and economy significantly, Melman stated during the firm’s H2 outlook press conference. Following the June 27 debate, where Trump gained momentum over President Joe Biden, ten-year U.S. Treasury yields hit over three-week highs, nearing 4.5%. This increase is seen as a…

Title: Republican Backers of Trump Increase Attacks on Kamala Harris Amid Speculation of 2024 Presidential Election Investing.com — In the latest political developments, Republican supporters of former President Donald Trump are intensifying their criticism of U.S. Vice President Kamala Harris amidst growing rumors that she could potentially replace President Joe Biden as the Democratic nominee in the upcoming 2024 presidential race, as reported by Multibagger. Following Biden’s lackluster performance in a recent highly-anticipated debate with Trump, concerns have emerged within the Democratic party regarding his ability to carry on with his reelection campaign. While Biden has expressed his determination to…