Author: Multibagger News

Moody’s Upgrades Outlook on Greece to “Positive” Amid Economic Growth Surge In a major development, credit ratings agency Moody’s has revised its outlook on Greece to “positive” from “stable,” signaling a significant shift in the country’s economic landscape. This positive update comes on the back of a healthier banking sector and a better-than-expected economic performance, according to Moody’s latest report. Despite the positive outlook, Moody’s has maintained Greece’s rating at ‘Ba1,’ which is still classified as non-investment grade. This places Greece one notch below the investment grade threshold, as per Moody’s classification. The recent series of rating upgrades for Greece,…

Unveiling the Secrets of the Gaza Tunnels: Exclusive Look Inside the Underground Chamber Where Israeli Hostages Were Held by Hamas The Israeli army recently led reporters on a groundbreaking tour of tunnels in southern Gaza, revealing the harrowing depths of the underground chamber where six Israeli hostages were tragically killed by Hamas. The military shared footage of the cramped and airless passages that extended some 20 meters below ground, shedding light on the conditions in which the hostages were held captive. “We need to do everything we can to bring them back home,” emphasized Israeli military spokesperson Daniel Hagari, underscoring…

Celularity Inc., a leading biotechnology company, recently announced the resignation of its Chief Medical Officer, Dr. Adrian Kilcoyne. Dr. Kilcoyne will be stepping down from his role as Executive Vice President and CMO on August 6, 2024, to pursue other opportunities. Despite no reported disagreements with the company’s operations, policies, or practices, Dr. Kilcoyne’s departure signifies a significant change in Celularity’s leadership. The company has not yet named a successor for the CMO position. Celularity, known for its work in life sciences under the name 03 Life Sciences, is listed on The Nasdaq Stock Market as CELU and CELUW. The…

Breaking News: Analysts Predict S&P 500 to Soar to New Record Highs, Exceeding 5700 in Coming Weeks In a recent note, BTIG analysts have made a bold prediction that the S&P 500 index is poised to reach new record highs, potentially surpassing the 5700 mark in the next week or two. This optimistic outlook is driven by the shifting odds of a Federal Reserve interest rate cut at the upcoming FOMC meeting. Just 24 hours ago, the likelihood of a 50bps rate cut was only at 15%, but now it has surged to between 45-50%. This change has already sparked…

Colombia Stock Market Recap: Key Movers and Market Trends – Insights from Top Investment Manager As the premier investment expert and financial journalist, I’ll break down the latest market movements in Colombia and provide you with actionable insights to enhance your investment strategy. Let’s dive into the details of last Friday’s market performance and how it can impact your financial decisions. Market Overview Last Friday, the Colombian stock market experienced a downturn, with the major index closing 0.65% lower. The decline was primarily driven by underperformance in several key sectors. Top Performers Grupo de Inversiones Suramericana SA Preferred (BVC: GRUPOSURA):…

The Ultimate Guide to Understanding the Federal Reserve’s Impact on Financial Markets By the World’s Best Investment Manager, Financial Market’s Journalist, and SEO Mastermind Are you ready for the Federal Reserve’s upcoming monetary policy meeting and the potential interest rate cuts that could shake up the markets? As uncertainty looms, investors are on edge trying to predict the Fed’s next move. The market is teetering on the edge of a record high, with traders unsure of whether the Fed will opt for a 25 or 50 basis point cut. The shifting bets reflect the key question at hand: will the…

By Alexandra Ulmer RANCHO PALOS VERDES, California (Multibagger) – In a bold move, Republican presidential candidate Donald Trump has refused to distance himself from far-right conspiracy theorist Laura Loomer, sparking outrage from supporters and the White House. Trump praised Loomer as a “strong person” with “strong opinions” during a press conference at his Southern California golf club. Despite not officially working for Trump, Loomer has been seen accompanying him on the campaign trail and making controversial statements. Previously known for promoting conspiracy theories, Loomer has shifted her stance on events like the 9/11 attacks, now attributing them to “Islamic terrorists.”…

Lottery.com Inc. Faces Nasdaq Delisting Warning Amid Expansion Plans Lottery.com Inc. (NASDAQ:LTRY) recently received a notice from The Nasdaq Stock Market LLC regarding its failure to meet the required minimum bid price of $1 over the past 30 consecutive business days. This puts the company at risk of delisting from the exchange, but Nasdaq has granted Lottery.com a 180-day grace period until March 10, 2025, to rectify the issue. In order to regain compliance, Lottery.com’s common stock must maintain a closing bid price of at least $1 for a minimum of ten consecutive business days within the grace period. Failure…

Federal Reserve Expected to Cut Interest Rates in Upcoming Decision – Investors Split on 25 or 50 Basis Point Cut As the Federal Reserve gears up for its upcoming decision, investors are divided over whether there will be a 25 or 50 basis point cut in interest rates. Sticky inflation data has shifted expectations towards a 25-basis point cut, while soft labor market data has increased bets for a steeper 50-basis point cut. Traders are currently pricing in a 51% chance for a 25 bps cut and a 49% chance of a 50 bps cut, as of Friday. This decision…

WASHINGTON (Multibagger) – Delta Air Lines (NYSE:) on Friday asked the U.S. Transportation Department to allow it to delay resuming four daily flights to China, citing ongoing challenges in the market. The U.S. air carrier currently operates daily flights to Shanghai from Seattle and Detroit, but asked for approval to not reinstate two other daily flights to Shanghai and two daily Beijing flights. Last week, United Airlines asked DOT for permission not to operate 6 of its 9 daily flights to China. “` ### Delta Air Lines Seeks to Delay Resuming Flights to China Amid Market Challenges **WASHINGTON (Multibagger)** -…