Author: Multibagger News

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…

Latest U.S. Sanctions Target Intellexa Executives and Associates Involved in Spyware Sales The U.S. Treasury has announced fresh financial sanctions against five individuals and a corporate entity linked to the spyware-making consortium Intellexa, known for its Predator phone spyware. The sanctions target senior Intellexa executives and associates allegedly selling the spyware to authoritarian governments. The sanctioned individuals include Felix Bitzios, Merom Harpaz, Panagiota Karaoli, and Andrea Nicola Constantino Hermes Gambazzi, along with the Aliada Group, a member of the Intellexa group of companies based in the British Virgin Islands. These sanctions are part of the U.S. government’s ongoing efforts to…

Confluent, Inc. (NASDAQ: CFLT) Appoints Kong Phan as Chief Accounting Officer – What Does This Mean for Investors? Confluent, a leading provider of prepackaged software services, has announced the appointment of Kong Phan as its new Chief Accounting Officer. Phan, who brings a wealth of experience from companies like Electronic Arts and Gap Inc., will take on the role immediately. Phan’s promotion includes a competitive compensation package with a base salary of $350,000 and annual bonus opportunities. The company also granted him restricted stock units valued at $1,340,000, vesting over time. On the financial front, Confluent reported strong second-quarter earnings,…

Insider Insights: Paul Purcell Sells Sezzle Inc. (NYSE:SEZL) Shares Amid Bullish Market Trends In a pivotal move on September 13, Paul Purcell, a former director of Sezzle Inc. (NYSE:SEZL), sold 5,000 shares of the company’s common stock at $149.9182 per share, totaling an impressive $749,591. This transaction reduces Purcell’s direct holdings in Sezzle Inc. to 126,665 shares, which are now held indirectly through Continental Investment Partners, LLC. Why This Matters: The Significance of Insider Transactions Investor interest in insider transactions is at an all-time high. These activities serve as windows into a company’s health and future prospects. The sale was…

Thai Government Nominates Party Loyalist for Bank of Thailand Chair – Multibagger In a move to assert influence over the Bank of Thailand amid disagreements over interest rates, the Thai government is backing former deputy premier and finance minister Kittiratt Na Ranong for the chair position, according to sources. Kittiratt, a critic of the central bank governor, has been vocal about the need for a rate cut to stimulate the economy. The Pheu Thai Party-led government’s support for Kittiratt comes as the economy struggles to grow, with the central bank maintaining a high benchmark rate despite calls for easing. The…

By Will Dunham WASHINGTON (Multibagger) – Pregnancy triggers vast changes in a woman’s body – hormonal, cardiovascular, respiratory, gastrointestinal, urinary and more. And, as a new study reveals, the brain undergoes major changes too, some fleeting and others more enduring. Researchers said on Monday they have for the first time mapped the changes that unfold as a woman’s brain reorganizes in response to pregnancy, based on scans carried out 26 times starting three weeks before conception, through nine months of pregnancy and then two years postpartum. The study documented a widespread decrease in the volume of cortical gray matter, the…