Author: Multibagger News

Moderna Stock Faces Continued Decline Amid Profitability Delays: What Investors Need to Know Investing.com — Shares of Moderna (NASDAQ: MRNA) continued to slip in premarket trading on Friday, extending the steep losses from the previous session. The downturn comes after the biotech firm pushed back its profitability target, prompting several analysts to downgrade their ratings. Key Takeaways: Moderna’s Financial Forecast: On Thursday, Moderna announced that it will need $6 billion in operating cash to break even by 2028, two years later than previously anticipated. This news drove the stock price to its lowest level in nearly four years. Revenue Miss:…

By Poppy McPherson As the world’s best investment manager, I bring you the latest news on Cambodia’s foreign ministry expressing regret over the US decision to sanction a local tycoon and senator for alleged trafficking of workers in scam centers. This politically motivated move has significant implications for the financial market and international relations. The US plan to impose sanctions on Ly Yong Phat, a personal adviser to Hun Sen, Cambodia’s former strongman premier, comes at a delicate phase in relations between the two countries. Despite US efforts to build ties with Hun Manet, Cambodia is moving closer to China,…

Breaking News: Delhivery Challenges Ecom Express’s IPO Metrics – What This Means for Investors As the world’s leading investment manager and financial market journalist, I bring you the latest clash in the Indian logistics industry. Delhivery, backed by SoftBank and already publicly listed, has publicly disputed the accuracy of metrics presented by competitor Ecom Express in its draft IPO prospectus. Ecom Express’s 442-page prospectus reported shipping 514.41 million packages in the fiscal year ending March 2024, while Delhivery handled 740 million during the same period. However, Delhivery claims that Ecom Express’s comparison is flawed, as their definition of a shipment…

Discover why NuScale Power Corporation (NYSE:SMR) is gaining attention as a leading developer of advanced nuclear reactors. CLSA has initiated coverage on the stock with an Outperform rating and a price target set at $11.00. Despite expected operating losses in the near term, NuScale’s promising future is supported by various mechanisms. Key catalysts for NuScale’s growth include regulatory approvals, successful technology demonstrations, and increasing customer interest. With backing from parent company Fluor (NYSE:), an ‘ATM Programme’, and DOE cost-share programs, the company is projected to become profitable by 2028. Investors should closely monitor NuScale’s progress as it navigates towards profitability.…

WHO Approves Bavarian Nordic’s Vaccine for Mpox: What It Means for Your Investments and Global Health In a groundbreaking development, the World Health Organization (WHO) has officially approved Bavarian Nordic’s vaccine for mpox. This monumental decision not only marks a significant milestone in global health but also presents a unique investment opportunity. As an investment manager, I believe this approval can have far-reaching implications for both investors and public health stakeholders. Key Takeaways: WHO Approval: The World Health Organization has sanctioned Bavarian Nordic’s mpox vaccine, validating its efficacy and safety. Market Implications: With WHO’s endorsement, Bavarian Nordic’s stock is likely…

Deutsche Bank has raised its price target for Trainline Plc (LON: TRN) (OTC: TNLIY) to £5.30, citing better than expected results in the first half of fiscal year 2025. The company’s total net ticket sales reached £3.0 billion, marking a 14% growth in constant currency, outperforming analyst estimates. Revenue growth also exceeded expectations, climbing 17% in constant currency to £229 million. The UK Consumer business and Trainline Solutions were key drivers of this performance, with sales surpassing projections. Internationally, net ticket sales were up 6% in constant currency, with the Spanish market showing particular strength. Overall, Trainline’s financial metrics and…

Tragic Sinking of Superyacht Bayesian: Italian Navy Recovers Crucial Surveillance Data By Wladimir Pantaleone PALERMO (Multibagger) – In a significant development following the mysterious sinking of the superyacht Bayesian off the coast of Sicily, Italian Navy divers have successfully recovered vital video surveillance equipment. This tragic event, which occurred on August 19th, resulted in the death of British tech tycoon Mike Lynch and six others. Key Findings from the Recovery Mission The recovery of this equipment marks an essential step towards understanding why the British-flagged 184-foot yacht sank so suddenly during a severe storm near the port of Porticello. The…

How a Russian Guided Bomb Attack in Ukraine’s Sumy Region Impacted the Financial Markets In a tragic turn of events, a Russian guided bomb attack on Friday resulted in the death of two people and injuries to six others, including a child, in Ukraine’s northern Sumy region. The attack not only caused human casualties but also damaged residential houses and a clinic, as well as cutting off power supplies in the area, according to local authorities. As the world’s best investment manager and financial market journalist, it is crucial to understand the implications of such geopolitical events on the global…

Deutsche Bank Raises Price Target for CRH Plc. Following Acquisition of Adbri Deutsche Bank has updated its outlook on CRH Plc. (NYSE::LN) (NYSE: CRH) by increasing its price target to £78.13, up from £76.60, while maintaining a Buy rating on the stock. This adjustment comes after CRH completed the acquisition of a majority stake in Adbri, a key player in the building materials industry in Australia. The acquisition, which took place on July 1, 2024, is expected to have a positive impact on CRH’s financial forecasts, given Adbri’s expected contribution and CRH’s recent guidance raise. Previously known as Adelaide Brighton,…

Breaking News: Hedge Funds Shift Focus Away from Big Tech Stocks, Tesla Remains a Target – Jefferies Analysis In a recent report by Jefferies, hedge funds have made significant changes to their equity portfolios, reducing exposure to Big Tech stocks while increasing focus on bond proxies and cyclicals. This shift in investor sentiment towards more defensive positions indicates a cautious stance in anticipation of potential economic downturns or market corrections. According to Jefferies analysts, hedge funds have decreased their weighting in sectors like information technology and communication services, which are home to many Big Tech names. This move away from…