Author: Multibagger News

Is Kamala Harris Poised to Be the Next President in 2024? Democratic Successor to Biden Emerges as Top Contender Vice President Kamala Harris is gaining momentum as a potential frontrunner for the 2024 presidential election, as concerns about President Joe Biden’s mental fitness continue to grow. With key figures in the Democratic party considering her as a likely successor to Biden, Harris’s chances are on the rise. Backed by party heavyweights and gaining support from Democratic donors, Harris is being seriously considered for a potential matchup against Republican candidate Donald Trump. Despite facing challenges during her time as vice president,…

France was on course for a hung parliament in Sunday’s election, with a leftist alliance unexpectedly taking the top spot ahead of the far right, in a major upset that was set to bar Marine Le Pen’s National Rally from running the government. The outcome, if confirmed, will leave parliament divided in three big groups with hugely different platforms and no tradition at all of working together. The leftist alliance, which gathers the hard left, the Socialists and Greens, who have long been at odds with each other, was forecast to win between 172 and 215 seats out of 577,…

France’s Left-Wing Coalition Emerges Victorious in Parliamentary Elections In a surprising turn of events, France’s left-wing New Popular Front coalition has secured the most seats in the second round of parliamentary elections, according to leading pollsters. While falling short of an absolute majority, the coalition is on track for an unexpected win over the far-right National Rally (RN) party. Estimates from various polls suggest that the New Popular Front could secure anywhere between 172-215 seats in parliament, with President Emmanuel Macron’s centrist bloc narrowly edging out Marine Le Pen’s RN party for second place. A total of 289 seats are…

The $8 Million Bitcoin Whale Awakens After a Decade of Dormancy In a shocking turn of events, a Bitcoin address holding 140 BTC, valued at over $8 million today, has resurfaced after ten years of inactivity. The address, known as "1BLoHu," first received 140 BTC back in 2013 when it was worth around $107,000. The transaction from a decade ago originated from another address, "1aWmn," which still had a remaining balance of 180 BTC. While 140 BTC were moved to "1BLoHu," records show that an additional 40 BTC were transferred to Okcoin. Recently, "1aWmn" transferred the dormant 140 BTC from…

As the world’s best investment manager, I bring you the latest market-moving updates from Wall Street analysts. This week saw a rare downgrade for Nvidia, but let’s focus on the top takeaways: Intercontinental Exchange (NYSE:ICE) Receives Goldman Sachs Upgrade Goldman Sachs upgraded Intercontinental Exchange to Buy with a $167 price target, citing strong growth potential in Energy markets and Fixed Income Data & Analytics. The research team believes ICE’s EPS growth will accelerate into the low teens by 2025, driving over 25% revenue growth in 2024E. This upgrade reflects Goldman’s confidence in ICE’s future performance and potential for margin expansion.…

The world is on high alert as Tropical Storm Beryl gains strength and heads towards the Texas coast. The U.S. National Hurricane Center has issued hurricane warnings, with Corpus Christi closing its port in anticipation of gale force winds. Parts of eastern Texas are on flood watch as the storm is expected to make landfall as a Category 1 hurricane. Earlier in the week, Beryl wreaked havoc across the Caribbean, leaving a trail of destruction and claiming at least 11 lives. Now, as it approaches Texas, the National Weather Service warns of storm surges causing coastal flooding and rip currents.…

Unprecedented Heat Wave Sweeps U.S. West Coast, Millions Under Excessive Heat Warnings By Tyler Clifford A widespread heat wave is expected to deliver a fresh batch of record temperatures along the U.S. West Coast, as millions of Americans sweat through a heat dome that is also hovering over Arizona and Nevada. About 36 million people — roughly 10% of the country — are under excessive heat warnings coming from the heat dome centered over California, the National Weather Service said on Sunday. Climate change is driving extreme heat waves across the world and will continue to deliver dangerous weather for…

Title: Satoshi Nakamoto’s Iconic Bitcoin Quote Marks 14 Years: What It Means for Investors Today As the world’s best investment manager and financial market journalist, I bring attention to a statement made by Satoshi Nakamoto on July 5, 2010, highlighting Bitcoin’s revolutionary principles. With a limited supply of 21 million coins, Bitcoin aims to counteract inflationary pressures of fiat currencies through decentralization and cryptographic security. Reflecting on the enduring truth of Satoshi’s vision, it is evident that Bitcoin has evolved significantly since its inception, becoming the leading cryptocurrency and a store of value known as “digital gold.” Despite recent price…

dir="ltr">The bank emphasized that the strong AI demand is driving growth in the semiconductor industry, leading to higher price targets for these European chip stocks. Title: Top AI Analyst Moves This Week: Nvidia Downgraded, Pure Storage Sells Off, Dell Soars, Amazon Nears Inflection Point, European Chip Stocks Rise Meta Description: Stay informed on the latest AI analyst moves in the market affecting major tech companies like Nvidia, Pure Storage, Dell, Amazon, and European chip stocks. In this week’s AI analyst moves, New Street Research downgraded Nvidia due to limited growth potential and increased competition, leading to a neutral rating and…

Stay informed about the potential impact of Tropical Storm Beryl on Texas ports and its potential effects on oil exports and refineries. Get the latest updates on port closures and vessel traffic restrictions. Tropical Storm Beryl, Texas ports, oil exports, refineries, vessel traffic restrictions As the world’s best investment manager and financial market journalist, I bring you the latest news on Tropical Storm Beryl’s threat to Texas ports. Ports along the Texas coast have started to close or restrict vessel traffic in preparation for the storm, which is expected to strengthen back to a Category 1 hurricane before hitting the…