Author: Multibagger News

China Launches Anti-Subsidy Probe into EU Dairy Imports – What You Need to Know China has recently opened an anti-subsidy investigation into imported dairy products from the European Union, escalating tensions with the bloc following a draft decision on tariffs for China-made electric vehicles. This move has significant implications for industries such as dairy, pork, brandy, and plastic. The probe into EU dairy imports will focus on various cheeses, milks, and creams for human consumption. China will examine 20 subsidy schemes from EU countries like Austria, Belgium, and Italy. The EU is the second-largest source of dairy products for China,…

Breaking News: Kamala Harris Surges Ahead of Donald Trump in Latest Poll – What Does This Mean for Your Investments? In a recent Multibagger/Ipsos poll, Vice President Kamala Harris has taken the lead over former President Donald Trump by 45% to 41% among registered voters for the upcoming November 5 election. This marks a significant increase from her previous 1-point lead in July, signaling a shift in the dynamics of the presidential race. The poll, which was conducted over eight days with a 2-point margin of error, shows that Harris is gaining strong support among women and Hispanic voters. She…

Wells Fargo Boosts Victoria’s Secret (NYSE: VSCO) Price Target to $30.00 Amid Positive Performance Trends Wells Fargo has adjusted its outlook on Victoria’s Secret (NYSE: VSCO), increasing the price target to $30.00 from the previous $28.00, while retaining an Overweight rating on the stock. The adjustment reflects a positive shift in the company’s recent performance, with customer demand growing in July and seeing even greater growth in August, driven by successful marketing strategies like the PINK brand’s back-to-school season. Victoria’s Secret’s recent product innovations and marketing strategies are resonating with consumers, leading to an upward revision of its full-year plan.…

How Halloween is Transforming the Theme Park Industry: Disney, Six Flags, and Universal Studios Lead the Charge By Danielle Broadway Halloween Mania Hits U.S. Theme Parks Early: Disney, Six Flags, and Universal Studios Cash In LOS ANGELES (Multibagger) – Halloween has arrived earlier than ever at major U.S. theme parks, as leading operators like Disney, Six Flags, and Universal Studios look to capitalize on the growing enthusiasm for spooky costumes and scares. Starting as early as August, theme parks have rolled out a variety of Halloween-themed attractions, live performances, merchandise, and specially curated food and beverages. This strategic move comes…

Telegram CEO Pavel Durov Under Formal Investigation for Alleged Criminal Activities – Investing.com Investing.com’s top financial market journalist reports that Pavel Durov, the CEO of Telegram, is under formal investigation in France for suspicions of complicity in illegal transactions, child sexual abuse material, and drug trafficking. This news has shocked the financial world and could have major implications for investors. Durov’s lawyer has condemned the investigation as “totally absurd,” stating that Telegram complies fully with European digital regulations. However, the investigation is ongoing, and Durov could potentially face serious consequences if found guilty. Despite the investigation, experts believe that Telegram’s…

“China-U.S. Nuclear Talks: A Limited Window Opens for Arms Control Conversations – Analysis by Trevor Hunnicutt” As the world’s best investment manager and financial market’s journalist, I bring you exclusive insights into the renewed U.S. push for nuclear talks with China. The United States is seizing a “limited opportunity” for two-way conversations on nuclear arms, as discussed by a senior Biden administration official during recent meetings in Beijing. Despite fits and starts, there is progress in opening dialogue on arms control, with China showing some willingness to engage. However, significant hurdles remain to establish rigorous discussions on nuclear strategy. China’s…

Tokyo, Japan, August 29th, 2024, Chainwire On the evening of August 27, MEET48, in collaboration with partners such as Line Next, hosted the official opening party of Japan’s WebX, the Fantasy Bullish Night. The event featured the Top 7 idols from MEET48 GIPR2 voting activity (members of the SNH48 Group) performing on stage with the legendary DJ Steve Aoki, setting the venue ablaze with energy. Hundreds of fans eagerly awaited the appearance of MEET48 idols After the MEET48 GIPR2 Top 7 idols performed, the atmosphere reached an unprecedented level of excitement Following the MEET48 GIPR2 Top 7 idols, the legendary…

Title: Li Auto (NASDAQ: LI) Raises Price Target to $31 After Strong Q2 Results – BofA Securities Meta Description: BofA Securities has adjusted its outlook on Li Auto (NASDAQ: LI), increasing the price target to $31 following the release of the company’s second-quarter financial results for 2024. Introduction: BofA Securities has adjusted its price target for Li Auto (NASDAQ: LI) to $31 from $30 after the company reported strong second-quarter financial results for 2024. Despite a decline in gross profit margin, Li Auto exceeded earnings expectations and remains optimistic about future growth. Analysis: Li Auto’s revenue saw an 11% year-over-year…

The U.S. Dollar: Bearish Consolidation or Major Decline? ING Analysts Weigh In Financial experts at ING recently discussed the current state of the U.S. dollar, suggesting that it is currently undergoing a phase of bearish consolidation rather than a significant decline. This observation follows a sharp 5% drop in the dollar’s value since the beginning of July. Market expectations are anticipating 100 basis points of Federal Reserve rate cuts by the end of the year, with a terminal rate priced at 3.00%. According to ING analysts, these expectations have set the stage for the dollar’s value to stabilize without experiencing…

Breaking News: U.S. Stock Futures Rebound After Earnings Report – Is It Time to Invest? As the world’s best investment manager and financial market journalist, I am here to provide you with the latest updates on the stock market. U.S. stock index futures are on the rise after a losing session, fueled by the release of key corporate earnings and economic data. At 06:10 ET (10:10 GMT), the Dow Jones rose 205 points, the S&P 500 gained 18 points, and the Nasdaq climbed 85 points. However, the main indices fell on Wednesday, with tech stocks like Nvidia taking a hit.…