Author: Multibagger News

Breaking News: Kamala Harris to Face Tough Questions from Black Journalists in Philadelphia Forum In a highly anticipated event, U.S. Democratic presidential candidate Kamala Harris will be grilled by black journalists in an interview scheduled for Tuesday. The forum, organized by the National Association of Black Journalists, comes after Harris skipped the group’s convention in Chicago earlier this summer. The decision to attend the forum follows controversy sparked by her Republican rival, Donald Trump, who made headlines with his appearance at the event in July. Trump’s comments questioning Harris’ racial identity and his clash with a moderator over perceived unfair…

Arcturus Therapeutics (ARCT) Receives Japanese Regulatory Approval for Kostaive Vaccine – What Does This Mean for Investors? On Tuesday, Canaccord Genuity reaffirmed a Buy rating and a $72.00 price target on Arcturus Therapeutics (NASDAQ: ARCT) stock after the Japanese Ministry of Health, Labor and Welfare approved the company’s updated JN.1 formulation of Kostaive for adults 18 and over. This endorsement marks a positive milestone for Arcturus, with the company set to distribute millions of doses in October, potentially generating significant revenue. Arcturus is also awaiting a decision from the European Medicines Agency on Kostaive’s approval, expected in the third quarter…

Title: Why Defensive Sector Funds are Becoming Investors’ Top Choice Amid U.S. Economic Slowdown | Market Analysis and Insights — Investors Flock to Defensive Sector Funds Amid U.S. Economic Concerns (Multibagger) – The current landscape of the U.S. economy is driving investors towards defensive sector funds, with a significant shift towards consumer staples and utilities stocks. This trend is a response to mounting concerns over a potential economic slowdown, pushing market participants to seek assets resilient to labor market weaknesses and commodity fluctuations. By the Numbers: A Surge in Defensive Investment Data from LSEG Lipper reveals a substantial influx of…

Breaking: Morgan Stanley Survey Reveals Investors Expect 25bp Interest Rate Cut in September FOMC Meeting In a recent note, Morgan Stanley shared the results of its monthly Business Conditions Index (MSBCI) survey, conducted from September 9-11. The survey gathered sentiments from company management teams across various sectors, with the majority predicting a 25 basis point (bps) interest rate cut during the September Federal Open Market Committee (FOMC) meeting. According to Morgan Stanley, the majority of respondents from industries like mid-cap financials, telecommunications, chemicals, and property and casualty insurance are anticipating a 25bp rate cut. However, a smaller number of respondents…

By Sarah Marsh BERLIN (Multibagger) – Friedrich Merz, a wealthy corporate lawyer and former CDU chief, is poised to become Germany’s next chancellor, potentially leading the country in a new direction. Merz, known for his brash economic liberalism and revival of Christian values, has been a polar opposite to Angela Merkel, advocating for a more right-wing approach to governance. With his recent nomination as the CDU’s candidate for chancellor in the upcoming federal election, Merz aims to appeal to voters disillusioned with Merkel’s policies, particularly on migration. Despite his controversial statements and low popularity ratings, Merz’s supporters believe his private…

The Best Investment Manager’s Guide to DeFi Yields and Crypto Credit Markets in 2023 With the Federal Reserve Set to Cut Interest Rates, DeFi Yields Are Back in Focus – Bernstein Analysts Are you looking for the next big investment opportunity? Look no further than the exciting world of DeFi yields and crypto credit markets. According to analysts at Bernstein, the upcoming interest rate cut by the Federal Reserve could be the catalyst to reignite the crypto credit markets. The Decentralized Finance (DeFi) system has been instrumental in bootstrapping crypto credit markets, allowing traders to borrow against crypto collateral. During…

Viad Corp (NYSE:) Receives Outperform Rating and $41 Price Target Reaffirmation from Oppenheimer Oppenheimer, a leading investment firm, has reconfirmed its Outperform rating and $41.00 price target on Viad Corp, a key player in the business services and leisure industry. The decision comes after a recent discussion with the company, where Viad Corp highlighted its recovery progress in Jasper post-wildfire and strong trends in its Pursuit segment. Viad Corp’s General Services (GES) division is expected to maintain revenue levels in 2025, despite challenges, showcasing the company’s commitment to profitability. With shares trading at an attractive valuation compared to peers in…

Federal Reserve Easing Sparks Record Highs in U.S. Stocks: What to Expect Next As the Federal Reserve gears up for its two-day meeting, U.S. stocks are soaring to new heights, revealing a shift in market dynamics. The equal-weighted index, which eliminates the dominance of a few large stocks, reached a record high on Monday, signaling a broader market rally beyond the tech giants. With the Fed considering its first interest rate cut in this cycle, the loosening of financial conditions driven by market optimism could influence its decision. The debate between a 25 or 50 basis point cut is heating…

SentinelOne and Lenovo Forge Strategic AI Partnership to Bolster Cybersecurity: Analysts Predict Significant Revenue Boost Investing.com – SentinelOne (NYSE:S) has announced a groundbreaking partnership with Lenovo, the top personal computer manufacturer, that is set to significantly enhance the cybersecurity landscape. Analysts at Wells Fargo project this collaboration will "meaningfully" impact SentinelOne’s financial performance over the next twelve months. Multi-Year Collaboration to Revolutionize Cybersecurity On Monday, SentinelOne and Lenovo revealed their multi-year agreement aimed at integrating AI-enhanced digital protection into millions of Lenovo devices worldwide. This collaboration will see Lenovo incorporating SentinelOne’s enterprise cybersecurity platform and generative AI capabilities in its…

Exclusive: Friedrich Merz to Become Chancellor Candidate for Germany’s Christian Democrats in 2022 Elections – Analysis by Sarah Marsh Looking into Friedrich Merz’s Key Policy Positions on Economic, Ukraine, US, EU, China, Israel, Cars, Immigration, Social Policy, and Gender – What You Need to Know! Are you ready for the upcoming federal elections in Germany next year? Get ahead of the game by understanding Friedrich Merz’s key policy positions as the potential chancellor candidate for the conservative alliance. From economic policies to international relations, Merz has a lot in store for Germany. Let’s dive into the details! Economic Policy Merz…