Author: Multibagger News

By Joseph Ax Harvard University’s freshman class experienced a significant decline in the percentage of Black students following a landmark U.S. Supreme Court ruling that prohibited colleges from using race as a factor in admissions. The data released by the school on Wednesday revealed that the Class of 2028 is now 14% Black, down from 18% in the previous year, while the share of Hispanic students slightly increased from 14% to 16%. This ruling, which affected Harvard and the University of North Carolina, has raised concerns about diversity in elite universities. The court’s conservative majority deemed affirmative action as a…

NeoVolta Inc. Reaches 52-Week High at $3.58: A Closer Look at Recent Developments and Future Outlook In a remarkable turn of events, NeoVolta Inc. has seen its shares surge to a 52-week high of $3.58, reflecting a 12.97% increase over the past year. This uptrend signals growing investor confidence in the company’s growth prospects and strategic initiatives. With recent news of securing a $5 million Line of Credit and expanding into new markets under the leadership of former Tesla executive Ardes Johnson, NeoVolta is positioning itself for further growth in the renewable energy sector. Partnerships with Store Energy California and…

Goldman Sachs CEO David Solomon Clarifies the Strategic Exit from GM Credit Card Partnership: What It Means for Investors NEW YORK (Multibagger) – In a recent interview with CNBC, Goldman Sachs CEO David Solomon addressed concerns regarding the bank’s early exit from its credit card partnership with General Motors (NYSE: GM). Contrary to popular belief, Solomon stated that the transition was anticipated and under control. Earlier this week, Solomon mentioned that Goldman Sachs would incur a charge due to the dissolution of the business. However, he clarified, "I actually don’t think it’s proving to be messier than we thought." He…

By the World’s Best Investment Manager, Financial Market Expert, and SEO Mastermind Atlanta Federal Reserve President Raphael Bostic has been found to have violated U.S. central bank policies related to trading and investing, according to a report by the Fed’s watchdog. While Bostic did not trade based on confidential information, he created an appearance of acting on such information and a conflict of interest, raising questions about his impartiality. This report on Bostic is the latest in a series of investigations into the investing and trading activities of Fed policymakers. Previous reports highlighted trading activities by the presidents of the…

Unveiling the New Zuckerberg: Meta CEO Talks Politics, Social Media, and the Future The Chase Center was buzzing as Mark Zuckerberg, CEO of Meta and Silicon Valley’s big player, took the stage for a conversation with Acquired podcast hosts. From his new look to his bold statements, Zuckerberg’s rebrand is making waves in the tech world. In a candid moment, Zuckerberg joked about never apologizing again, signaling a shift in his approach to business and life. Addressing past mistakes, he admitted to a “political miscalculation” that he now sees as a 20-year error. This introspection hints at a new direction…

Fair Isaac Corporation (FICO) Stock Hits All-Time High at $1818.84 – Market Confidence Soars In a stunning display of market confidence, Fair Isaac Corporation (NYSE: FICO) has reached an all-time high stock price of $1818.84. This milestone showcases the significant growth of the company, renowned for its data analytics and credit scoring services. With a remarkable 1-year change of 104.02%, FICO’s stock value has surged, reflecting investor optimism in the company’s strategic direction and financial performance. Recent reports show that FICO had a robust third quarter in 2024, with revenues increasing by 12% to $448 million. Despite a minor dip…

Google Antitrust Trial: Evidence Reveals Aggressive Strategy to Dominate Online Advertising Market By Jody Godoy ALEXANDRIA, Virginia (Multibagger) – A Google (NASDAQ: GOOGL) executive revealed in 2009 that the company aimed to "crush" rival advertising networks, according to evidence presented by prosecutors at Google’s antitrust trial on Wednesday. This revelation underscores the U.S. Department of Justice’s allegations that Google has attempted to monopolize the markets for publisher ad servers, advertiser ad networks, and ad exchanges. These ad exchanges serve as intermediaries in the advertising ecosystem. Key Evidence from the Trial On the third day of the trial, prosecutors introduced evidence…

How Biden’s $1.3 Billion Military Aid to Egypt Could Impact Global Markets and Your Investments In a groundbreaking move, the Biden administration has announced a $1.3 billion military aid package to Egypt, marking a significant shift in U.S. foreign policy. Despite concerns over Egypt’s human rights record, Secretary of State Antony Blinken has waived certification requirements on a portion of the aid, citing national security interests. This decision has major implications for global geopolitics and financial markets. Egypt’s role in mediating talks between Israel and Hamas could impact the ongoing conflict in Gaza and have ripple effects on regional stability.…

Unveiling the Latest Game-Changing Feature of Bluesky: Video Sharing Now Available! Bluesky, the rising social networking startup with nearly 10 million users, is shaking up the market with its latest announcement. Users can now share videos up to 60 seconds long on the platform, a move that is set to revolutionize the way people engage on the platform. Designed as a decentralized alternative to the well-known X (formerly Twitter), Bluesky offers users the freedom to post text, images, reply, repost, and message other users. What sets Bluesky apart is its unique features that allow users to set up their own…

China Green Agriculture Inc. (CGA) Stock Hits New 52-Week Low Amid Market Volatility Amid a year of significant market volatility, China Green Agriculture Inc. (CGA) stock has reached a new low of $1.61, showcasing a 9.34% change over the past year. In the midst of challenging market conditions, investors are closely monitoring CGA’s performance and strategic responses to economic dynamics. Recently, CGA concluded its annual shareholders meeting in Beijing, re-electing seven board members and ratifying GAO CPA Firm as its independent registered public accounting firm for the fiscal year ending June 30, 2024. These developments shed light on the company’s…