Author: Multibagger News

Discover the latest move by Greece to boost its housing market and tackle the housing shortage crisis. Greece announced a three-year tax break for homeowners who convert their short-term rentals to long-term ones. This comes as part of a wider plan that includes increasing taxes on short-term rentals and banning new licenses in central Athens. Many European countries, including Spain’s Canary Islands, Lisbon, Berlin, and Florence, have already implemented restrictions on short-term rentals due to the impact on housing availability for permanent residents. Greece’s Prime Minister Kyriakos Mitsotakis highlighted the need to address housing shortages and the negative effects of…

By the world’s best investment manager, financial market’s journalist and SEO mastermind As the U.S. and Britain consider granting Ukraine permission to use Western weapons to strike deep within Russia, doubts arise about the effectiveness of such a strategy in the ongoing conflict. The potential move to allow Ukraine to use NATO-supplied weapons to target Russian locations beyond its borders has sparked discussions in Washington, with concerns about the impact it may have on the current situation. Analysis: Despite Ukraine’s existing capability to target Russia with drones, the addition of long-range ATACMS missiles may not significantly alter the dynamics of…

Ajay Kapur, Former CTO of Edgio Inc. (NASDAQ: EGIO), Sells 148,026 Shares Valued at Over $250,000 – What Does This Mean for Investors? Ajay Kapur, the former Chief Technology Officer (CTO) of Edgio, Inc. (NASDAQ:EGIO), has recently divested a significant portion of his holdings in the company. According to the latest filings, Kapur sold a total of 148,026 shares of Edgio’s common stock, with transactions amounting to over $250,000. The sales took place over two consecutive days. On September 11, 2024, Kapur sold 5,000 shares at a price of $1.10 each. The following day, he disposed of 143,026 shares. The…

Morgan Stanley Names EQT Corp. (NYSE:) as Top Pick with Strong Growth Potential In a recent client note, Morgan Stanley has designated EQT Corp. as a “Top Pick” following a series of positive developments and strategic moves by the company. Analysts at the bank highlighted EQT’s strong free cash flow generation, strategic asset sales, and synergies from recent acquisitions as key factors driving its potential. EQT’s acquisition of ETRN has created a vertically integrated natural gas producer with a leading cost structure, lowering the breakeven point and positioning the company for future growth. The company is also on track with…

Title: "DirecTV and Dish Network in Merger Talks: How This Could Revolutionize Your TV Experience and Impact Your Wallet" DirecTV and Dish Network in Merger Talks: How This Could Revolutionize Your TV Experience and Impact Your Wallet Introduction In a groundbreaking development, DirecTV and Dish Network, two of the largest satellite-TV providers in the United States, are reportedly in discussions to merge their businesses. Bloomberg News has disclosed that these industry titans are once again exploring the possibilities of a merger, a move that could have substantial implications for the market, consumers, and investors. The Background DirecTV, owned by AT&T,…

Samsara Inc. President Sells Over $348,500 Worth of Stock, What Does This Mean for Investors? In a recent transaction, Lara Caimi, the President of Worldwide Field Operations at Samsara Inc. (NYSE:), sold 7,508 shares of the company’s Class A Common Stock, totaling over $348,500. The sale, which took place on September 12, 2024, was disclosed in a regulatory filing with the Securities and Exchange Commission (SEC). Despite the sale, Caimi still holds a significant number of shares in the company, with 1,093,535 shares remaining in her possession. Investors often monitor insider transactions as they can provide insights into the executives’…

Intel Secures Massive $3.5 Billion Federal Grant for Defense Semiconductor Production – Here’s What It Means for Investors (Multibagger) – Intel Corp (NASDAQ: INTC) has successfully qualified for up to $3.5 billion in federal grants aimed at bolstering semiconductor production for the U.S Department of Defense, Bloomberg News reported on Friday. The landmark agreement, finalized with U.S. officials, represents a significant milestone for the chipmaking giant and the broader tech sector. Key Highlights: Federal Grant: Up to $3.5 billion allocated to Intel Corp. Purpose: To enhance semiconductor manufacturing capabilities for the U.S. Department of Defense. Source: Bloomberg News, citing individuals…

Breaking News: U.S.-Iraqi Raid Kills Four ISIS Leaders in Western Iraq The U.S. military confirmed the deaths of several ISIS leaders in a recent raid, including Ahmad Hamid Husayn Abd-al-Jalil al-Ithawi, who was responsible for all operations in Iraq. As the world’s top investment manager and financial markets journalist, I bring you the latest on the U.S.-Iraqi raid that took out four ISIS leaders in Western Iraq. This operation, disclosed in August, resulted in the deaths of 14 operatives and seven military personnel injured. The U.S. Central Command has now confirmed the elimination of key ISIS figures, including the mastermind…

Breaking News: 5AM Ventures Executives Sell Over $1.75 Million in Skye Bioscience Stock – What Does This Mean for Investors? In a recent development, executives at 5AM Ventures, a venture capital firm specializing in life sciences companies, have sold a significant amount of stock in Skye Bioscience, a pharmaceutical company focused on cannabinoid-based therapeutics. The total value of shares sold exceeded $1.75 million, with transactions occurring at prices ranging from $6.06 to $6.60 per share. The largest single transaction involved 214,556 shares sold at $6.60 per share, totaling over $1.4 million. Despite these sales, 5AM Ventures still holds a substantial…

Title: "Reshoring ETFs Surge as U.S. Manufacturing Boom Gains Traction – A Deep Dive into Investment Opportunities" By Suzanne McGee (Multibagger) – Investors are increasingly pouring capital into exchange-traded funds (ETFs) that spotlight companies revitalizing or expanding production within the United States, leveraging substantial government subsidies. In 2023 alone, a staggering $2.25 billion has been funneled into a select group of ETFs emphasizing the reshoring trend. This influx has elevated their total assets to a record-breaking $9.67 billion by the end of August. "Companies consistently cite reshoring as a long-term growth catalyst. Our objective is to identify the beneficiaries or…