Author: Multibagger News

By Mike Stone, Patricia Zengerle and Gerry Doyle Exciting news on the horizon as the U.S. is on the verge of an agreement to arm Ukraine with long-range cruise missiles that could potentially reach deep into Russia. This game-changing move is expected to be announced this autumn, pending the resolution of technical issues. The inclusion of Joint Air-to-Surface Standoff Missiles (JASSM) in the weapons package could have a significant impact on the strategic landscape of the conflict, giving Ukraine the ability to strike deep into Russian territory with precision-guided munitions. This development is a top priority for the Biden administration.…

Unveiling the Deepfake Scandal: How AI Technology is Exploiting Women and Teens in South Korea Last Saturday, a shocking Telegram message alerted Heejin to a nightmare scenario – her personal photos had been deepfaked into sexually explicit images. This alarming trend of deepfakes, where real faces are attached to fake bodies, is on the rise, especially in South Korea. Investigative journalist Ko Narin uncovered a web of deepfake porn rings targeting women and even underage students in universities and schools. This revelation has sparked outrage and calls for stricter regulations. The heart of this scandal lies in the encrypted messaging…

Xavier Niel, French Billionaire and Telecom Mogul, Joins ByteDance Board – What Does This Mean for Investors? In a surprising turn of events, French billionaire Xavier Niel has been appointed to the board of directors of ByteDance, the parent company of social media giant TikTok. This move comes as a shock to many, as Niel is not typically associated with high-profile board positions. Niel is taking over from Philippe Laffont, the founder of Coatue Management, a New York-based investment firm. It has been reported that Coatue is considering selling a portion of its stake in ByteDance, adding an extra layer…

Investing.com – Trump Targets SEC Chair Gensler, Delaying Crypto Regulation Until 2026 Former President Donald Trump has labeled SEC Chair Gary Gensler as the crypto industry’s biggest villain, potentially delaying regulatory relief for the sector until late 2026, according to US investment bank TD Cowen. Trump’s vow to fire Gensler, made at a recent conference, may face obstacles as there is no precedent for a president directly removing an SEC chair. Typically, chairs step down with a change in the White House to allow the new administration to appoint a new leader. With Democrats holding a 3-2 majority and Gensler…

Deutsche Bank Reaffirms Hold Rating on Cognizant Technology Solutions Stock at $70 Price Target In a recent update, Deutsche Bank has maintained its Hold rating on Cognizant Technology Solutions (NASDAQ:CTSH) stock, with a consistent price target of $70. This decision came after a discussion with Surya Gummadi, EVP and President of Cognizant Americas, at the Deutsche Bank Technology Conference, where industry challenges and the company’s strategic direction were thoroughly analyzed. Deutsche Bank highlighted the positive changes under CEO Ravi’s leadership, including improvements in internal culture, focus on securing large deals, and boosts in client Net Promoter Scores (NPR) and employee…

Title: U.S. and Global Markets Analysis: September Outlook and Impact on Investments As the world’s top investment manager and financial market journalist, I delve into the holiday-shortened week ahead on Wall Street, focusing on the U.S. jobs market and the potential impact on your finances. From the recent volatility to the looming Fed interest rate cut, I break down the critical factors shaping the market landscape. The U.S. markets have rebounded from last month’s jobless rate scare, with futures pointing towards a potential interest rate cut in September. The August payrolls report on Friday will be a key indicator of…

Chinese Influence Operation Targets U.S. Election: What You Need to Know By Christopher Bing and Katie Paul Unmasking "Spamouflage": China’s Covert Social Media Campaign to Sway U.S. Voters (Multibagger) – A recent investigation by intelligence firm Graphika has uncovered a sophisticated Chinese influence operation aimed at disrupting the upcoming U.S. presidential election on November 5th. Dubbed "Spamouflage" or "Dragonbridge," this campaign is part of an ongoing effort by Chinese state-linked entities to spread divisive propaganda and misinformation online. What is Spamouflage? Spamouflage is a hybrid campaign combining spam and propaganda to manipulate public opinion. This operation has been active since…

By Ann Saphir and Howard Schneider In a surprising turn of events, the U.S. central bankers have shifted their stance towards an interest rate cut at their upcoming meeting. Just a few months ago, this was not even on the table. Federal Reserve Chair Jerome Powell’s recent comments have highlighted the need for lowering borrowing costs, a sentiment that is now echoed by the majority of his colleagues. Various economic indicators have contributed to this shift, prompting Fed policymakers to reevaluate their outlook on inflation, labor market conditions, and overall financial stability. The convergence of different data points and risk…

Breaking News: Phone Theft Soars in England and Wales – What You Need to Know In a shocking turn of events, phone thefts have more than doubled in England and Wales over the past year, with an estimated 78,000 thefts from the person reported in the year to March, up from 31,000 in the previous year. The government is taking action by calling phone companies to discuss measures to tackle this rising crime. Policing Minister Dame Diana Johnson is pushing for manufacturers to ensure that stolen phones can be permanently disabled to prevent them from being sold second-hand. Police chiefs…

Investment Manager’s Analysis: How Phone Thefts Impact the Tech Industry and Your Finances As the world’s best investment manager, financial market journalist, and SEO mastermind, I bring you the latest news on the surge in phone thefts in England and Wales. This alarming trend has more than doubled in the last year, with 78,000 thefts from the person reported, compared to 31,000 in the previous year. The government is taking action by calling on phone companies to discuss measures to tackle this crime. They want manufacturers to ensure that stolen phones can be permanently disabled to prevent them from being…