Author: Multibagger News

The Future of Inhaled Medication: Vape-Like Devices for Migraines and Asthma Relief Are vape-like devices the future of inhaled medication for migraines and respiratory diseases like asthma? North American companies like Qnovia, MIIST Therapeutics, and Greentank are paving the way with innovative technologies that turn liquid medications into a fine mist. But can they overcome health concerns and regulatory hurdles to revolutionize the medical sphere? Inhalation offers quick pain relief with fewer side effects than traditional pills, making it an attractive option for millions of migraine sufferers and those with respiratory conditions. With three billion people worldwide suffering from migraines…

Are you looking to make informed investment decisions in the financial market? Look no further than Expensify Inc (NASDAQ:EXFY). Recently, JMP Securities upgraded their rating on EXFY stock to Market Outperform with a new price target of $2.50. This decision came after Expensify’s mixed results for the second quarter of 2024. Expensify reported adjusted EBITDA of $10.2 million, exceeding expectations, but fell short on GAAP revenue at $33.3 million. Despite a 14% year-over-year revenue decline, the stock saw an 8% increase in the aftermarket following the earnings report. InvestingPro Insights provide a deeper analysis of EXFY’s financial health and stock…

Chinese Airlines Soar to New Heights: How They’re Outpacing International Rivals and What It Means for Your Investments By Lisa Barrington SEOUL (Multibagger) – Chinese airlines are rapidly gaining traction on international routes, as revealed by recent industry data. The disparity in market share is widening, with foreign carriers, particularly from the West, deterred by tepid demand for China travel, escalating costs, and extended flight durations due to the necessity of avoiding Russian airspace. The Current Landscape Western airlines, including British Airways and Australia’s Qantas Airways, are scaling back services or opting not to resume flights to China post-pandemic. In…

The Rise of Robotaxis in China: Impact on Ride-Hailing Drivers and the Economy As the world’s best investment manager and financial market journalist, I bring you the latest insights on the rise of robotaxis in China and its impact on ride-hailing drivers like Liu Yi. In this article, we delve into the rapid expansion of autonomous vehicles in Chinese cities, led by industry giants such as Baidu’s Apollo Go, Pony.ai, WeRide, AutoX, and SAIC Motor. These robotaxis are set to revolutionize the transportation industry, but at what cost to traditional ride-hailing drivers like Liu Yi? With the deployment of thousands…

Investing.com– Bitcoin price saw a significant increase on Friday, following a surge in broader risk-driven markets as positive U.S. labor market data helped alleviate concerns of an impending recession. Altcoin prices also experienced a rally. Bitcoin rose nearly 7% to $60,916.2, slightly dropping from its peak of $61,712.3. The cryptocurrency was on track for minor weekly gains after a more than 10% decline in the previous week. After dropping to $49,000 earlier in the week amid a market downturn, the world’s largest cryptocurrency managed to recover most of its losses. Bitcoin Price Sees an Upsurge as Recession and Rate Hike…

China’s Crackdown on Bond Market Frenzy: What Investors Need to Know In a recent development, China’s securities regulator has instructed domestic brokerages to conduct compliance checks on their bond trading activities. This move comes as authorities aim to curb the frenzied buying of Chinese government bonds. The wobbly Chinese economy, plagued by a lingering property crisis, has led investors to shift away from the volatile stock market towards the bond market. This surge in demand has raised concerns about a potential bubble, prompting warnings from the central bank. To address the overheating bond market, regulators have implemented various measures, such…

As the world’s leading investment manager and financial market journalist, I am here to provide you with the latest updates on Bitcoin’s price movement. On Friday, Bitcoin saw a significant rise, following a surge in risk-driven markets and positive U.S. labor market data that eased concerns of an impending recession. Altcoin prices also experienced a rally alongside Bitcoin. Bitcoin price surged nearly 7% to $60,916.2, before slightly pulling back from its peak of $61,712.3. The cryptocurrency was on track for mild weekly gains, bouncing back from a 10% drop the previous week. Despite hitting a low of $49,000 earlier in…

By Alex Lawler, Dmitry Zhdannikov and Shariq Khan Alex Lawler, Dmitry Zhdannikov, and Shariq Khan discuss the critical need for global oil demand growth to accelerate in the coming months in order to absorb the planned increase in oil supply by OPEC+. Data, analysts, and industry sources all point to the potential struggle the market may face if demand does not pick up significantly. The first seven months of the year have already shown a lackluster oil demand growth from major consumers like the United States and China, which has raised concerns even before the recent stock and bond sell-off…

The Ultimate Guide to Understanding Market Volatility and Investment Portfolio Protection Are you worried about the recent chaos in the financial markets? Don’t panic just yet! It might actually be a positive sign for your investment portfolio. In this article, we’ll break down the recent market turbulence and how it can affect your finances. In the past week, we’ve seen wild swings in the markets, leading many to believe that a bubble has burst. However, this bubble was mostly in high-risk trades that relied on low market volatility. Now, we’re seeing volatility return to more normal levels, which can actually…

Thailand’s Move Forward Party Rebrands as People’s Party, Vows Progressive Agenda – Analysis and Impact Thailand’s disbanded opposition Move Forward Party has rebranded itself as the People’s Party, unveiling a new leadership and political vehicle that aims to advance its progressive platform. The move comes after the Constitutional Court dissolved Move Forward for attempting to amend a law protecting the royal family, sparking criticism from international allies. The People’s Party, led by Natthaphong Ruengpanyawut, plans to continue Move Forward’s liberal agenda, which includes reforming the military and dismantling business monopolies. The party’s bid to amend the lese-majeste law, which prohibits…