Author: Multibagger News

Discover the Impact of Budapest’s Short-Term Rental Referendum on Housing Prices and Quality of Life By Krisztina Fenyo and Gergely Szakacs A Budapest district is currently holding a two-week referendum on a potential ban on short-term rentals, marking a significant move in one of Europe’s top tourist destinations. Last year, Eurostat data revealed that nearly 719 million guest nights in the European Union were booked through online platforms like Airbnb, Booking, Expedia Group, and Tripadvisor. Among EU capitals, Paris led with over 19 million guest nights, while Budapest emerged as the most popular central European city for short-term stays, recording…

Investigation Underway After Tragic School Shooting in Georgia – Rich McKay As the world’s leading investment manager and financial market’s journalist, I bring you the latest updates on the tragic school shooting in Georgia. Investigators are working to uncover how a 14-year-old student, Colt Gray, was able to access an assault rifle and carry out the devastating attack at Apalachee High School. Gray’s online threats from last year have raised questions about warning signs and his motive for the shooting. This incident has reignited the national debate on gun control in the U.S., where school shootings have become all too…

The Future of Supply Chain Management: How Portex is Revolutionizing the Industry Brittany Ennix, the mastermind behind Portex, is changing the game in supply chain management. With a $6.25 million seed round led by Footwork Ventures, Portex is poised to revolutionize the way small-to-mid-sized businesses (SMBs) handle their freight operations. Ennix’s vision for Portex is to provide a more efficient management process for SMBs, similar to the tools that larger companies use. By streamlining communication with carriers and brokers, providing instant price quotes, and offering automated analytics, Portex is saving companies up to 30% of their annual freight spend. With…

Casey’s General Stores (NASDAQ:CASY) Stock Price Target Raised by RBC Capital Markets to $403, EPS Climbs 7% YoY – Here’s What You Need to Know In a recent update, RBC Capital Markets has adjusted its stock price target for Casey’s General Stores to $403, up from $393, with a Sector Perform rating. The convenience store chain reported strong financial performance in the first quarter of fiscal year 2025, with earnings per share (EPS) increasing by 7% year-over-year to $4.83, surpassing the consensus estimate of $4.52 by 7%. The outperformance was primarily driven by the fuel segment, which saw better-than-expected gallon…

By Marianna Parraga and Mircely Guanipa In a surprising turn of events, Venezuela’s August oil exports reached their highest levels in over four years, with expanded shipments to China, the U.S., and Europe. This surge comes at a time when the risk of new U.S. sanctions looms large due to an ongoing electoral dispute. The U.S. Treasury Department had previously granted Venezuela a license to freely export its oil, easing sanctions imposed by the Trump administration. However, this authorization was not renewed in April, leading to uncertainty in the market. State oil company PDVSA, along with joint ventures with companies…

Title: Applied Digital Secures $160 Million Funding Led by Nvidia & Related Companies: A Strategic Expansion in AI and Data Centers Article: In a significant boost to its growth trajectory, data center operator Applied Digital (APLD) has successfully raised $160 million in a recent funding round. This substantial capital infusion was led by tech giant Nvidia (NASDAQ: NVDA) and prominent real estate firm Related Companies, as reported by the Wall Street Journal on Thursday. This latest investment comes through a new share offering by the Nasdaq-listed Applied Digital, which, as of Wednesday’s market close, boasted a market valuation exceeding $500…

Boost Your Investment Portfolio with Latest Productivity Data from the Labor Department U.S. worker productivity has shown stronger growth than previously estimated in the second quarter, leading to lower labor costs and potential relief from inflation pressures. According to the Labor Department’s Bureau of Labor Statistics, nonfarm productivity increased at a 2.5% annualized rate last quarter, up from the initial estimate of 2.3%. This positive revision aligns with economists’ expectations and indicates a positive trend in productivity. Unit labor costs, which reflect the price of labor per unit of output, rose at a slower rate of 0.4% in the April-June…

Ukrainian Government Undergoes Major Shakeup Amid Ongoing Conflict with RussiaBy the world’s best investment manager and financial market’s journalist, Olena Harmash and Yuliia DysaInvestors and market watchers are closely following the latest developments in Ukraine as lawmakers voted to appoint a new foreign minister and two new deputy prime ministers. President Volodymyr Zelenskiy is carrying out his biggest government shakeup since Russia’s Feb. 2022 invasion, with Andrii Sybiha, an experienced diplomat, taking over the reins of the foreign ministry.The new leadership is not expected to significantly impact policy, as Zelenskiy and his office have been leading foreign affairs efforts during…

ZipRecruiter Launches ZipIntro Tool for Employers to Schedule Calls with Potential Candidates In a groundbreaking move, ZipRecruiter has introduced ZipIntro, a new tool that revolutionizes the hiring process. This innovative tool allows employers to schedule introductory calls with potential candidates at a designated time, streamlining the recruitment process like never before. But that’s not all – ZipIntro also leverages the power of AI to suggest potential candidates based on specific criteria set by employers. How does it work, you ask? Employers simply input information about the role, select a date and time for introductory calls, and let ZipIntro work its…

Northrop Grumman to Present at Morgan Stanley Laguna Conference: What Investors Need to Know Falls Church, Va. – Northrop Grumman Corporation (NYSE: NOC), a leading aerospace and defense technology firm, is set to participate in the upcoming 12th Annual Morgan Stanley Laguna Conference. CEO Kathy Warden will present at the event on September 12 at 12:20 p.m. Eastern time. The conference presentation will be broadcast live via webcast on the Northrop Grumman investor relations website. This event offers investors and industry analysts the opportunity to hear about the company’s latest developments and future direction. Known for its advanced solutions in…