Author: Multibagger News

AMD Stock Poised for Major AI Gains: HSBC Predicts 43% Upside – Here’s Why You Should Care Investing.com — HSBC has issued a bullish report on AMD (NASDAQ: AMD), highlighting substantial upside potential driven by the company’s advancements in AI technology, which the market has yet to fully recognize. Key Points: Potential to Close the Gap with Nvidia: HSBC analysts believe AMD has a significant opportunity to narrow the competitive distance from Nvidia (NASDAQ: NVDA) in the AI GPU market by fiscal year 2025 (FY25). This development presents an attractive risk/reward scenario for investors. Buy Rating with $200 Target Price:…

Breaking News: Taiwan Air Force Mirage Fighter Jet Crashes – Pilot Ejects Safely In a dramatic turn of events, a Taiwan air force Mirage fighter jet crashed off the island’s northwest coast on Tuesday night. The pilot successfully ejected from the French-built aircraft as it suffered a suspected loss of power during nighttime exercises. The search efforts are currently underway for the pilot, who bailed out before the Mirage crashed into the sea off Hsinchu, a city with a major air base on Taiwan’s northwest coast. Taiwan’s air force has faced a series of crashes in recent years, including a…

Revolutionizing Paratransit Services with Spare: The Future of City Transportation In today’s world, cities are spending vast amounts on paratransit services for disabled residents, yet the services are often limited and unreliable. Wheelchair users face late pickups, causing issues with work and medical appointments. As populations age, the strain on these services and city budgets grows. Enter Spare, a Vancouver-based startup that aims to modernize paratransit systems using technology. By integrating various local transportation services, including wheelchair-accessible options, on-demand microtransit operators, and ride-hail services like Uber and Lyft, Spare matches riders with the most suitable service and vehicle operators for…

Legendary NBA star Scottie Pippen responds to Michael Saylor’s bold Bitcoin forecast of $13 million per coin on CNBC, adding a twist with a dream vision from Satoshi Nakamoto. Pippen predicts Bitcoin hitting $84,650 on Nov. 5, possibly setting a new all-time high. MicroStrategy, on the other hand, has amassed $8.3 billion in BTC. Will Saylor’s dream become reality, or is it just a fantasy? Stay tuned as Bitcoin surges by 4.5% to $57,070. Analysis: In this article, we see a fascinating interaction between two prominent figures – Michael Saylor and Scottie Pippen – discussing the future of Bitcoin. Saylor’s…

Breaking News: Southwest Airlines Board Shake-Up Sparks Investor Interest In a groundbreaking move for corporate governance, Southwest Airlines Co. (NYSE: LUV) has announced the resignation of seven board directors following feedback from shareholders, led by Elliott Investment Management L.P. This strategic move is seen as a positive step towards necessary change within the airline company. Elliott, with a massive $69.7 billion in assets under management as of June 30, 2024, has put forward its own nominees to fill the vacant board positions. The investment firm’s significant economic interest in Southwest, at approximately 11.0% of the outstanding common stock, highlights the…

Oracle’s AI-Powered Cloud Surge: A Game-Changer for Investors By Zaheer Kachwala Oracle Shares Skyrocket Over 10% Amid AI Integration in Cloud Services Oracle (NYSE: ORCL) shares soared more than 10% on Tuesday, driven by the company’s strategic push to incorporate Artificial Intelligence (AI) into its cloud service offerings, significantly boosting its first-quarter results and narrowing the competitive gap with cloud market leaders. Despite being a relatively late entrant into the cloud computing arena, Oracle’s aggressive investments in AI have made its cloud software a compelling option for businesses aiming to enhance operational efficiencies. This strategic move has positioned Oracle as…

According to the National Federation of Independent Business (NFIB), U.S. small-business confidence fell in August, reversing the previous month’s increase. The Small Business Optimism Index dropped by 2.5 points to 91.2, while the Uncertainty Index rose to 92, the highest since October 2020. Economists caution against overanalyzing the decline in sentiment, attributing it to political influences and a lackluster stock market performance as the presidential election approaches. The net share of businesses expecting higher sales volumes in the next three months also decreased. Despite concerns about inflation and labor shortages, some small business owners are planning to increase compensation in…

Breaking News: Lucid Motors Set to Revolutionize Electric SUV Market with Gravity Model Featuring Tesla’s NACS Charging Standard Lucid Motors is gearing up to launch its highly anticipated electric SUV, the Gravity, which will boast Tesla’s North American Charging Standard (NACS) built right in. This groundbreaking feature eliminates the need for adapters, streamlining the charging process for Lucid vehicle owners. The company made this exciting announcement ahead of its upcoming “Technology and Manufacturing Day” event at its Arizona factory, where Lucid will delve deeper into the design and production of the Gravity. With SUVs dominating the North American market, this…

MicroStrategy CEO Michael Saylor Predicts Bitcoin to Reach $13 Million: What Does This Mean for Investors? In a recent interview with CNBC, Michael Saylor, the CEO of MicroStrategy and a well-known Bitcoin bull, made a bold prediction about the future price of Bitcoin. According to Saylor, Bitcoin is destined to reach a valuation of at least $13 million. This statement has caused quite a stir in the crypto space, with some, like Dogecoin co-founder Billy Markus, offering their own predictions. Despite the humorous take on Bitcoin’s price by Markus, his prediction aligns with his bullish views on BTC. Currently, the…

Breaking News: Hudson Pacific Properties Suspends Common Stock Dividend Payments Amid Studio Demand Slowdown LOS ANGELES – Hudson Pacific Properties, Inc. (NYSE: HPP), a leading real estate investment trust (REIT) specializing in tech and media tenants, has announced the suspension of its quarterly dividend payments on common stock starting from the third quarter of 2024. This decision comes in response to a slower-than-expected recovery in studio demand following recent union strikes and negotiations. Victor Coleman, Chairman and CEO of Hudson Pacific, stated that the company does not foresee the need for a distribution related to taxable income for the year…