Author: Multibagger News

Arrowhead Research Corp Stock Hits 52-Week Low Amid Biotech Sector Volatility In a challenging market environment, Arrowhead Research Corp’s stock has reached a 52-week low at $20.66, reflecting a 28.56% decline over the past year. Investors are closely monitoring the company as it navigates through volatility in the biotech sector. The recent FDA Breakthrough Therapy designation for plozasiran, an Arrowhead Pharmaceuticals product, has garnered attention. Analysts have reiterated their ratings on Arrowhead, with plans to submit a New Drug Application by 2024. Despite a net loss in the third quarter of fiscal 2024, the company continues to advance its pipeline…

Title: Federal Reserve Interest Rate Cut Probability Update: 25 bps Cut More Likely The probability of a 50 basis point (bps) interest rate cut from the Federal Reserve in September has significantly decreased following Wednesday’s hotter-than-expected core CPI reading. However, traders are still pricing in a 100% probability of a rate cut, but they are now looking more toward a smaller 25 bps cut. The probability of a 50 bps rate cut now stands at just 12%, a sharp decline from the previous day’s probability of 34% and last week’s probability of 38%. On the other hand, the likelihood of…

Mama’s Creations (MCR) Q2 2025 Earnings: Revenue Surges by 14% Amid Strategic Shifts — Mama’s Creations Q2 2025 Earnings: A Deep Dive into 14% Revenue Growth and Strategic Expansion Mama’s Creations (Ticker: MCR), a key player in the prepared foods sector, announced a robust 14% increase in revenue during its Second Quarter Fiscal 2025 Earnings Conference Call on September 10, 2024. CEO Adam L. Michaels credited this success to strategic enhancements and a notable shift in consumer behavior favoring grocery store deli-prepared meals. Key Financial Highlights Revenue Growth: 14% increase, reaching $28.4 million. New Partnerships: Successfully launched new products and…

By Shaloo Shrivastava According to a Multibagger poll, the Bank of England is expected to maintain its main interest rate at 5.00% next week but is likely to reduce it in November. Despite inflation remaining above the central bank’s 2% target, Governor Andrew Bailey emphasized the need for caution to ensure inflation stays low. Since August, when the BoE lowered its Bank Rate from a 16-year high of 5.25% to 5.00% in a close 5-4 vote, inflation has seen a slight increase to 2.2% in July. It is not forecasted to drop below target until at least 2026. The BoE…

Breaking News: Oura Ring 4 Set to Launch Soon After Acquisition of Veri, a Metabolic Health Startup In a recent FCC filing, it has been revealed that the highly anticipated Oura Ring 4 is on the brink of its release. But that’s not all – Oura has just announced its acquisition of Veri, a Helsinki-based startup known for its metabolic health product. This news comes in the midst of Dexcom and Abbott Laboratories launching their own over-the-counter continuous glucose monitors. The FDA’s clearance of these devices is expected to revolutionize how Americans approach personal health. Veri’s platform focuses on blood…

Breaking News: Dune Revolutionizes Onchain Analytics with Integration of 50+ Polkadot Parachains In a groundbreaking move, Dune, the leading platform for onchain analytics, has expanded its coverage to include 50+ parachains from the Polkadot ecosystem. This integration solidifies Dune’s position as the most comprehensive data hub for Polkadot, offering unmatched insights and analytics for developers, investors, and data enthusiasts. By expanding its support to encompass the entire Polkadot ecosystem, Dune now enables users to explore, analyze, and visualize all onchain activities across Polkadot in real time. This development marks a significant step forward in data-driven decision-making within the Polkadot network.…

APA Corporation Stock Hits 52-Week Low Amid Market Volatility – What Investors Need to Know In a year of ups and downs, APA Corporation’s stock has plummeted to a 52-week low of $23.39, marking a significant -47.06% drop in the past year. This sharp decline has investors on high alert, as they closely watch APA’s next moves in the energy sector. On the brighter side, Apache Corp (NASDAQ:) recently made a strategic move by selling off non-core assets in the Permian region for $950 million. This decision aligns with Apache’s goal to streamline operations, focus on profitable projects, and boost…

Arm Holdings Named Top Pick by Morgan Stanley for Strong Position in Edge AI Market In a recent report, Morgan Stanley has identified Arm Holdings as its new top pick, highlighting the company’s strong foothold in the rapidly expanding Edge AI market. The analysts at Morgan Stanley point to the recent launch of the iPhone 16, which features Arm’s v9 architecture in the A18 processor, as a key driver of growth for Arm. According to the investment bank, Arm is poised to benefit from the increasing adoption of v9 cores and the shift towards custom silicon work in the mobile…

Major Shake-Up at Harland & Wolff: CFO Resigns Amid Financial Turmoil and Titanic Legacy Harland & Wolff’s CFO Resignation Sends Shockwaves Through the Shipbuilding Industry Key Insights: CFO Arun Raman Resigns: Immediate departure of CFO amidst financial instability. Historic Shipbuilder in Crisis: The company that built the Titanic struggles to stay afloat. Financial Uncertainty: Unable to finalize 2023 financials and seeking strategic options for survival. (Multibagger) – Renowned British shipbuilder Harland & Wolff, famed for constructing the Titanic, has announced the sudden resignation of its Chief Financial Officer, Arun Raman, effective immediately. This development comes on the heels of a…

By Andy Bruce (Multibagger) – In an exclusive interview with Multibagger, new employment minister Alison McGovern announced plans to revive active job market policies in Britain. These policies, reminiscent of past Labour governments, aim to increase employment and reduce inactivity, addressing a key concern for the economy. McGovern, who assumed office after the recent election victory of Prime Minister Keir Starmer’s Labour Party, emphasized the need to enhance Britain’s position in the global labor market rankings. According to OECD data, at the end of last year, Britain was the only G7 advanced economy with a lower employment rate and higher…