Author: Multibagger News

Investing in Bitcoin: How the U.S. Election Could Impact the Cryptocurrency Market As the U.S. election draws near, Bernstein analysts are pointing to Bitcoin as a potential “Trump trade” with significant implications for the industry. In a recent note to clients, the firm highlighted the stark differences in the candidates’ approaches to crypto, suggesting that a Trump victory could lead to a surge in Bitcoin prices, while a Harris win may result in a decline. President Trump has been vocal about his support for Bitcoin and cryptocurrencies, promising to make the U.S. the “Bitcoin and Crypto Capital of the world.”…

NuZee, Inc. (NASDAQ:NUZE), a Nevada-based company, has recently disclosed the issuance of convertible notes worth $750,000 to non-U.S. investors as part of a larger financing arrangement. This move comes after a previous agreement to issue convertible notes with a total principal amount of $1,300,000, as detailed in the company’s SEC filing on August 26, 2024. The notes carry a 7% annual interest rate and are set to mature one year from the issuance date. Shareholder approval is necessary for the conversion of the notes into common stock, with a conversion price of $0.94 per share. Any fractional shares resulting from…

Breaking News: Kamala Harris and Donald Trump Face Off in High-Stakes Debate In a highly anticipated showdown, Democrat Kamala Harris and Republican Donald Trump are set to go head-to-head in a crucial debate this week. The latest polls show the two candidates neck and neck as they enter the final stretch of the campaign. The event, scheduled for Tuesday night and to be broadcast by ABC News, will be moderated by David Muir and Linsey Davis. This will be the first time Harris and Trump have debated since Harris secured the Democratic nomination. No further debates are planned before the…

By Francois Murphy VIENNA (Multibagger) – In a groundbreaking development, U.N. nuclear watchdog chief Rafael Grossi is set to engage in discussions with newly elected Iranian president Masoud Pezeshkian by November to enhance Iran’s cooperation with the International Atomic Energy Agency. This move aims to address several longstanding issues that have strained relations between the two parties, including Iran’s refusal to allow uranium-enrichment experts on inspection teams and its failure to explain uranium traces found at undisclosed sites. “He (Pezeshkian) has agreed to a meeting with me at the right time,” Grossi announced during a statement at a quarterly meeting…

Mega-Cap Stocks Surge: Tesla, Nvidia, Amazon Lead Monday’s Market Gains Introduction In today’s dynamic trading session, we’ve witnessed significant movements across various market cap categories. Mega-cap stocks such as Tesla Motors (NASDAQ: TSLA) and Nvidia Corp (NASDAQ: NVDA) are making notable gains. Large-cap players like Palantir Technologies Inc (NYSE: PLTR) are also experiencing remarkable upticks. Below, we break down the most impactful stock movers from the largest to the smallest market caps. Mega-Cap Movers (Market Cap $200B+): Tesla Motors (TSLA): +3.72%; YTD return: -15.19% Nvidia Corp (NVDA): +1.74%; YTD return: 107.67% United Health Group (UNH): -0.95%; YTD return: 14.3% Amazon…

Are you ready to dive into the world of U.S. wholesale inventories and how they can affect the economy? As the world’s best investment manager and financial market journalist, I’m here to break it down for you. According to the latest data from the Commerce Department’s Census Bureau, wholesale inventories in the U.S. rose by 0.2% in July, which is lower than the initial estimate of 0.3%. This has raised concerns about whether inventory investment will contribute to economic growth in the third quarter. Economists had expected the rise in inventories to remain unchanged at 0.3%. However, inventories saw a…

Investing.com Exclusive: Harris vs. Trump Debate Set to Shake Financial Markets- Who Will Win? As the highly anticipated debate between Democrat Kamala Harris and Republican Donald Trump looms, the latest polls show a neck-and-neck race between the two candidates. This pivotal event, airing on ABC News and moderated by David Muir and Linsey Davis, will be the first face-off between Harris and Trump since Harris secured the Democratic nomination. After a lackluster performance by President Joe Biden in the last debate, Harris stepped in as the Democratic nominee, while Trump survived an assassination attempt and accepted the Republican nomination. A…

Title: WhatsApp Bug Exposes Privacy Risk: How Your Pictures and Videos Aren’t as Secure as You Think Meta Description: Discover the loophole in WhatsApp’s “View Once” feature that allows recipients to save your disappearing media, putting your privacy at risk. Learn how to protect your data. WhatsApp, the world’s leading end-to-end encrypted messaging app with over two billion users, is facing a critical flaw in its browser-based web app. The bug in WhatsApp’s implementation of the “View Once” feature allows recipients to view and save pictures and videos that are supposed to disappear after opening. The “View Once” feature was…

The Ultimate Bitcoin Investment Analysis: Whales Accumulating $150 Million in 7 Days As the world’s leading investment manager and financial market journalist, I bring you the latest insights into the cryptocurrency market. Recent whale activity in Bitcoin indicates a strong belief in the asset’s long-term value, with major investors accumulating substantial amounts despite some withdrawals from institutional players. Three large whales have acquired approximately 2,814 BTC, worth $157 million, from Binance since Sept. 1, at an average accumulation price of $55,887 per Bitcoin. This continued accumulation suggests a bullish sentiment among whales, even as the price of Bitcoin follows a…

RXO, Inc. (NYSE:RXO) Acquires Major Freight Brokerage Business from UPS for $1.025 Billion In a groundbreaking move in the transportation services sector, RXO, Inc. (NYSE:RXO) has announced the acquisition of a significant freight brokerage business from United Parcel Service (NYSE:UPS) and its affiliates for $1.025 billion in cash. This strategic transaction is set to enhance RXO’s asset-light truckload freight brokerage services, marking a significant development in the company’s growth-oriented strategy. The deal, which was first reported on June 21, 2024, involves RXO acquiring technology-driven truckload freight brokerage services and certain assets related to haulage, dedicated transport, and warehousing services in…