Author: Multibagger News

By Allison Lampert and Maki Shiraki As the world’s top investment manager and financial market’s journalist, I bring you the latest news from the aviation industry. Asian aviation officials are urging for global action to reduce injuries from turbulence, following recent high-profile incidents that have sparked calls for better forecasting worldwide. The gathering of regulators in Montreal, starting Monday, aims to address the leading cause of accidents in aviation – turbulence. While turbulence may not often result in fatalities, it remains a significant risk factor in aviation incidents. Experts warn that with severe weather patterns being exacerbated by climate change,…

Meta Platforms’ Strategic Move: Securing 150 MW of Geothermal Energy for AI Expansion In a groundbreaking move, Meta Platforms (NASDAQ: META), the parent company of Facebook, has inked a deal to acquire up to 150 megawatts (MW) of geothermal power from Sage Geosystems. This new energy agreement is set to supply Meta’s data centers, which are integral to supporting the company’s rapidly growing investments in artificial intelligence (AI). Meta’s Green Energy Strategy: Analyzing the Geothermal Power Deal The Essentials: Company Involved: Meta Platforms (NASDAQ: META) Energy Source: Geothermal power Supplier: Sage Geosystems Power Capacity: Up to 150 MW Purpose: To…

By Nate Raymond In a significant victory for President Joe Biden’s administration, a federal appeals court has ruled that a state law in Missouri, which declared several federal gun laws “invalid,” is unconstitutional. The St. Louis-based 8th U.S. Circuit Court of Appeals rejected Missouri’s attempt to overturn a lower court’s decision blocking the enforcement of the Second Amendment Preservation Act. The law, signed by Republican Governor Mike Parson in 2021, declared certain federal regulations on firearms as infringements on individuals’ Second Amendment rights. The Biden administration argued that the law impeded the government’s ability to enforce federal law and caused…

Breaking News: Palico Revolutionizes Venture Capital Investment with Online Marketplace Approval from FINRA Limited partners selling their stakes in venture capital funds on the secondary market is nothing new, but the traditional offline transactions through brokers can be costly and prohibitive. Palico, approved by FINRA as the first electronic trading system for end-to-end LP secondaries transactions, is changing the game. Palico’s marketplace allows LPs to sell fund stakes online, creating a more transparent and accessible platform for buyers. With the rise of venture secondaries and LPs needing liquidity due to longer company stays private, Palico’s approval is a significant development.…

InvestmentPro Analysis: Pinduoduo Inc. Faces New Challenges Amidst Changing Market Conditions Jefferies, a prominent financial firm, recently adjusted its outlook on Pinduoduo Inc. (NASDAQ: PDD), lowering the price target to $151 from $193 while maintaining a Buy rating. The company is currently grappling with shifting consumer demands, increased competition, and a dynamic global environment. In response to these challenges, Pinduoduo is focusing on collaborating with brands and quality merchants to create customized products, investing in supply chains, and supporting the agriculture sector. However, the company is expected to enter an investment phase, leading to a potential decline in profits in…

Intel Enlists Advisors to Prepare for Potential Activist Investor Challenges – What Does This Mean for Your Investments? In a recent CNBC report, it was revealed that Intel (NASDAQ:) has sought the assistance of advisors, including Morgan Stanley, to brace for potential challenges from activist investors as CEO Pat Gelsinger strives to revitalize the struggling chipmaker. Despite Intel’s history of dealing with activist investors, there is no current indication of a new campaign, and it remains uncertain if an activist investor has approached the company’s board. With Intel’s stock down 57% year-to-date and facing market cap surges from competitors, the…

Shell to Shut Down Portions of Zydeco Pipeline System for Maintenance Oil major Shell announces temporary shutdown of Zydeco pipeline system, affecting crude oil supply from Houston to Louisiana. Shell, Zydeco Pipeline, Maintenance, Crude Oil, Houston, Louisiana As the world’s best investment manager and financial market journalist, I bring you breaking news that could impact your finances. Oil major Shell has announced plans to shut down portions of its Zydeco pipeline system for maintenance starting on September 24. This pipeline system, spanning over 350 miles with a mainline capacity of 375,000 barrels per day, plays a crucial role in shipping…

Nvidia’s Earnings: The Overlooked Risk That Could Shake the Market – BofA Analysis In a landscape where investor attention has been captivated by Federal Reserve Chair Jerome Powell’s dovish stance at Jackson Hole and the potential for rate cuts, Bank of America (BofA) analysts are sounding the alarm on an underappreciated risk: Nvidia’s (NASDAQ: NVDA) upcoming earnings report. Nvidia’s Earnings: A Market Mover While the dovish tone from the Fed has driven recent market optimism, BofA warns that investors might be underestimating the impact of Nvidia’s performance on equity indices. According to BofA, Nvidia’s earnings have historically been a pivotal…

Title: BCA Research Predicts 55% Probability of Trump Victory in U.S. Election – Impact on Markets and Investments As the world’s best investment manager, financial market’s journalist, and SEO mastermind, I am here to bring you the latest insights from BCA Research. According to their analysis, there is a 55% probability that Donald Trump will win the U.S. presidency in the upcoming November election, going against other forecasts. BCA’s outlook is based on their assessment of the current political and economic landscape, where they believe a Trump victory could result in a full Republican sweep of the White House and…

Title: Niantic Unveils Scanniverse 4: Revolutionizing 3D Scanning with Gaussian Splatting Technique As the world’s top investment manager and financial market journalist, I am thrilled to announce the latest update from Niantic, the developer behind popular games like Pokémon GO. Niantic is set to release Scanniverse 4, a groundbreaking app that will change the way users capture objects in 3D. With the new Gaussian Splatting technique, Scanniverse 4 will provide users with more detailed and accurate representations of places and objects. This innovative scanning method captures a multitude of data points, resulting in faster rendering and richer visuals. Niantic’s acquisition…