Author: Multibagger News

UN Experts Criticize Western Support for Israel Amid Gaza Genocide Allegations By Emma Farge GENEVA (Multibagger) – U.N. human rights experts criticized mostly Western states on Monday for continuing to support Israel despite what they described as a genocide in Gaza which might turn Israel into a “pariah” nation. The humanitarian catastrophe in Gaza as a result of more than 11 months of conflict has prompted questions about Western states’ long-standing political and military support for Israel, including from the United States and Britain which provide arms. “Shockingly, in the face of the abyss reached in the OPT (Occupied Palestinian…

Breaking News: 11xAI Raises $24 Million in Series A Funding Led by Benchmark and Relocates Headquarters to San Francisco 11xAI, a revolutionary startup specializing in AI bots for process automation, has just secured a massive $24 million in Series A funding led by Benchmark. This funding round comes on the heels of a successful $2 million seed round led by Project A Ventures in 2022. Founded in London, 11xAI is now part of the growing trend of AI startups moving their headquarters to San Francisco. The company’s AI agents, known as “automated digital workers,” are designed to handle repetitive tasks,…

Uber Technologies Inc (NYSE: UBER) Maintains Buy Rating Despite Increased Competition in AV Space On Monday, BofA Securities reaffirmed its Buy rating and $88.00 price target for Uber Technologies Inc, despite facing heightened competition in the autonomous vehicle (AV) sector. This decision comes as Tesla gears up for an event on October 10, where they are expected to unveil new advancements. The analyst from BofA Securities noted that Uber has experienced a dip in its shares due to reports of Waymo gaining market share in key cities. However, the firm remains positive about Uber’s position in the AV landscape, emphasizing…

Breaking News: Federal Reserve Rate Cut Debate Heats Up – Analysts Predict 25-bp or 50-bp Reduction As the Federal Reserve’s September meeting approaches, analysts and markets are divided over the size of the anticipated rate cut. Some experts favor a 25-basis-point reduction, while others suggest the potential for a larger 50-bp cut. BCA Research argues that a 50-bp cut could still be in play, but it would likely have been telegraphed by Fed officials ahead of the blackout period. Despite this, futures markets have increased the probability of a 50-bp reduction to 48%, driven by comments hinting at a “strong…

As the U.S. Congress returns from a weekend recess, the clock is ticking to broker a deal on legislation to temporarily fund federal programs. With just 15 days left before funds run out, the stakes are high. Last week, House Speaker Mike Johnson faced challenges in passing a spending bill, highlighting Republican infighting. Some members are pushing for controversial additions to the bill, while others are concerned about potential impacts on the military. With the possibility of a government shutdown looming, investors are watching closely. A shutdown could have ripple effects across various sectors, from airline travel to national parks.…

Investment Manager Reveals: Suspect Charged with Federal Gun Charges in Apparent Assassination Attempt on Former President Trump As the world’s best investment manager, I am here to bring you the latest updates on a shocking incident involving the reported suspect in an apparent assassination attempt on former President Donald Trump. Ryan Routh has been charged with two federal gun charges, including possession of a firearm by a felon and possession of a firearm with an “obliterated” serial number, as reported by CNN and other U.S. media outlets. This news has sent shockwaves through the financial markets, with investors closely monitoring…

As the world’s leading investment manager and financial market journalist, I am thrilled to share the latest news from Apple’s GlowTime event. iOS 18 will soon feature a groundbreaking new capability that allows users with mild to moderate hearing loss to utilize AirPods as hearing aids. This announcement has caused quite a stir in the tech world, with many eagerly anticipating the release of this innovative feature. What’s even more exciting is that just days after the announcement, Apple received approval from the FDA for this revolutionary technology. The FDA has hailed this as the first “over-the-counter hearing aid software,”…

LogX Raises $4 Million in Funding Round, Bringing Total Capital to $10.1 Million LogX, a decentralized trading platform and on-chain consumer Super App, has recently secured $4 million in funding from new backers and angel investors. This brings their total capital raised to an impressive $10.1 million. The funding round included investments from top firms like Hashed Emergent, Cumberland VC, Saison Capital, Gate Labs, DWF Labs, Antler, Coinswitch Ventures, Wagmi Ventures, and Kairos Capital. Additionally, angel investors like Charles and Verity from Espresso Systems and Ryan Lee, CEO of Orderly Network, also participated in the round. Decentralized exchanges (DEXs) have…

Cedar Realty Trust Sells Kings Plaza for $14.2 Million | NYSE: CDRpB, CDRpC Cedar Realty Trust, a leading real estate investment trust (REIT) listed on the New York Stock Exchange, recently announced the sale of Kings Plaza, a retail center in New Bedford, Massachusetts. The sale, which occurred on September 12, 2024, resulted in a sale price of $14.2 million, with net proceeds of $12.1 million. This strategic move is part of Cedar Realty Trust’s ongoing portfolio management and capital recycling strategy. The sale of Kings Plaza aligns with the company’s business objectives and demonstrates its commitment to optimizing its…