Author: Multibagger News

The Ultimate Guide to Federal Reserve’s Rate Cut Decision on Job Market Strength | Wall Street Banks’ Forecasts Revealed Are you ready for the upcoming Federal Reserve meeting on Sept. 17-18? The big question on everyone’s mind is whether the Fed will deliver a quarter-of-a-percentage-point cut or go big with a half-point cut. And guess what? The key factor influencing this decision is the strength of the job market! Get ready for some insider info from Wall Street banks’ forecasts for the August employment report. We’ve got all the details on their expectations for the size of the Fed’s rate…

Japan’s Investment Tax Debate: What You Need to Know as an Investor By Makiko Yamazaki In the world of finance, Japan’s ruling party leadership race has sparked renewed discussions on increasing the tax on income from investments. This policy, once put on hold by the outgoing prime minister, is back in the spotlight as the world’s fourth-largest economy looks to generate more revenue to support its extensive budget. How are Capital Gains and Investment Income Taxed Currently? Income from investments, which includes capital gains on stocks and real estate, dividends, and interest payments on savings and Japanese government bonds, is…

Bitcoin Price Analysis: Bearish Phase as BTC Falls Below 200-Day EMA, Dogecoin Struggles, Solana Aims for Recovery As the world’s best investment manager and financial market journalist, I bring you the latest analysis of the cryptocurrency market. Bitcoin has entered a bearish phase as its price falls below the crucial 200-day EMA, indicating a downward trend with lower highs and lower lows. This suggests that Bitcoin will continue to face pressure in the coming days, with $53,000 being the next significant support level to watch out for. On the other hand, Dogecoin is struggling to maintain momentum, trading below the…

Qualcomm Eyes Strategic Acquisition of Intel’s Design Units: A Game-Changer in the Tech Industry By Anirban Sen, Max A. Cherney, Milana Vinn, and Mike Spector SAN FRANCISCO/NEW YORK (Multibagger) – Qualcomm’s Potential Acquisition of Intel’s Design Business: What It Means for Investors Qualcomm Inc. (NASDAQ: QCOM), a leading mobile chipmaker, is exploring the acquisition of specific segments of Intel Corp.’s (NASDAQ: INTC) design business. This strategic move aims to enhance Qualcomm’s product portfolio, according to sources closely familiar with the matter. The Strategic Interest: Intel’s Client PC Design Business Qualcomm has shown particular interest in Intel’s client PC design business,…

World’s Best Investment Manager Analyzes Pope Francis’ Ambitious Tour in Southeast Asia and Oceania By Joshua McElwee ABOARD THE PAPAL FLIGHT (Multibagger) – Join me, the world’s best investment manager, as I analyze Pope Francis’ ambitious 12-day tour across Southeast Asia and Oceania. The 87-year-old leader of the global Catholic Church left Indonesia on Friday morning for Papua New Guinea, where he will continue his important journey. During his time in PNG, Francis will make a day trip to the town of Vanimo before departing the country on Monday. He is then scheduled to visit East Timor and Singapore before…

Surge in Japanese Product Popularity in South Korea Amid Improved Relations and Favorable Yen By Hyunjoo Jin SEOUL (Multibagger) – Japanese products, spanning from cars to beer, whisky, and clothing, are experiencing a resurgence in South Korea, bouncing back from the 2019 consumer boycotts. This revival is fueled by strengthening bilateral relations and a more favorable exchange rate for the yen. Key Highlights: Automobile Sales: Japanese car manufacturers, including Toyota Motor (NYSE: TM) and Lexus, saw a 31% increase in sales in August compared to the previous year. This surge is partly due to Hyundai Motor’s (OTC: HYMTF) production limitations…

Insider Trading Alert: Upstart Holdings, Inc. Corporate Controller Sells Stock Worth $205K Upstart Holdings (NASDAQ: UPST) Corporate Controller Natalia Mirgorodskaya recently sold 5,000 shares of company stock, totaling approximately $205,141. The transactions were executed under a pre-arranged trading plan to avoid accusations of insider trading. Additionally, Mirgorodskaya exercised options to buy 5,000 shares at a lower price. The sale and option exercise have adjusted the Corporate Controller’s ownership in the company, as detailed in the SEC filing. Investors are keeping a close eye on these insider transactions to gauge their impact on Upstart Holdings’ stock performance and future prospects. In…

Telegram’s New Policy Allows Users to Report Private Chats: What Investors Need to Know In a surprising move, Telegram has updated its policy to allow users to report private chats to moderators, sparking concerns among its nearly 1 billion monthly active users. This comes in the wake of founder Pavel Durov’s arrest in France over crimes committed by third parties on the platform. The messaging app, known for its hands-off approach to user interactions, has now added ‘Report’ buttons to all its apps for users to flag illegal content with just a few taps. Additionally, an email address has been…

Breaking News: Upstart Holdings, Inc. Chief Legal Officer Sells $460,000 in Company Shares – What Does This Mean for Investors? In a recent move, Scott Darling, the Chief Legal Officer of Upstart Holdings, Inc. (NASDAQ: UPST), sold a significant portion of his company shares, resulting in over $460,000 in transactions. The sales occurred on September 3, 2024, as detailed in the latest regulatory filings. The transactions included the sale of 7,000 shares at a weighted average price of $40.99, totaling approximately $286,917. Additionally, Darling sold 500 shares at an average price of $41.54, 3,727 shares at $41.02, and 100 shares…

US Jobs Data Looms Large: How It Could Impact Asian Markets, Oil Prices, and Your Portfolio By Stella Qiu SYDNEY (Multibagger) – As we approach a critical release of U.S. non-farm payrolls data, Asian markets are treading water with investors eagerly anticipating its impact on future Federal Reserve rate cuts. Meanwhile, the dollar is grappling with recent losses, and oil prices are on the brink of their worst week in over a year. Key Highlights: Asian Markets: MSCI’s broadest index of Asia-Pacific shares outside Japan inched up 0.2% but has seen a 2.3% decline this week. Japan’s Nikkei fell 0.1%,…