Author: Multibagger News

Top Investment Manager Reveals: Intra-Cartel War in Sinaloa Sparks Fear Amid Arrest of Legendary Trafficker By Jesus Bustamante and Lizbeth Diaz MEXICO CITY (Multibagger) – Recent shootouts in Sinaloa have raised concerns of a potential cartel war following the arrest of Ismael “El Mayo” Zambada in July. Reports indicate that one soldier and two civilians were killed in the violence, with videos showing heavily armed gunmen in the streets of Culiacan. Experts had predicted internal conflict within the Sinaloa Cartel after Zambada’s arrest, as he and the Los Chapitos faction, led by the sons of “El Chapo” Guzman, are seen…

Sunrun Inc (NASDAQ:) Executive Sells Shares: What It Means for Investors Sunrun Inc, a top player in the residential solar electricity market, recently saw a high-ranking executive, Jeanna Steele, sell 2,357 shares of common stock. This transaction, valued at approximately $42,970, provides insights into the company’s current valuation and future prospects. Investors closely monitor insider transactions like these to gauge executive sentiment towards the company. Sunrun Inc’s share performance and executive actions are crucial for market participants, especially in the growing renewable energy sector. In addition to the share sale, Sunrun has achieved significant milestones, such as surpassing 1 million…

World’s Best Investment Manager Reveals Key Insights from Harris-Trump Presidential Debate In a groundbreaking debate between U.S. Vice President Kamala Harris and former President Donald Trump, the future of the economy, abortion laws, immigration policies, and more were discussed at length. As the top investment manager in the world, I have analyzed the key quotes from the debate to provide you with valuable insights for your financial decisions. Harris emphasized her plan for an “opportunity economy” that aims to uplift the American people, while Trump raised concerns about inflation and its impact on the country’s economy. The discussion on abortion…

Sunrun Inc Director Sells Shares: What Does It Mean for Investors? Sunrun Inc. (NASDAQ: RUN) director Lynn Michelle Jurich recently sold 1,937 shares of common stock, valued at approximately $35,321. The sale was to cover tax obligations related to vested restricted stock units. Jurich still holds a significant stake in the company, with a total of 1,242,446 shares of Sunrun Inc. common stock. Additionally, she has an indirect ownership stake through Jurich Murray Holdings LLC, owning an additional 1,600,000 shares. Sunrun Inc. has been making strides in the renewable energy sector, receiving a Buy rating from Jefferies with a price…

Zhongzhi Enterprise Group’s Shadow Banking Collapse: What Investors Need to Know SHANGHAI/BEIJING/HONG KONG (Multibagger) – Zhongzhi Enterprise Group, once a titan in China’s shadow banking sector, declared insolvency last year. Records and insider information reveal that the company engaged in aggressive and potentially illegal sales practices to stay afloat amid a deepening financial crisis. The Rise and Fall of Zhongzhi Enterprise Group From Property Boom to Financial Crisis Zhongzhi Enterprise Group, headquartered in Beijing, leveraged China’s property boom to ascend to the pinnacle of the country’s $18 trillion asset-management industry. The company played a crucial role in the shadow banking…

Bank of Japan to Raise Interest Rates as Economy Improves, Says Board Member Junko Nakagawa In a recent statement, Bank of Japan board member Junko Nakagawa indicated that the central bank will continue to raise interest rates if the economy and inflation follow the bank’s forecasts. Nakagawa emphasized the importance of monitoring market developments and assessing their impact on the economy and price outlook before considering further adjustments to monetary easing. This announcement comes after the central bank’s policy shift in July, which aimed to support economic recovery and combat deflation. As the economy shows signs of improvement, the Bank…

Exclusive: Republican Representative Joe Wilson Collapses at Event, Rushed to Hospital – What Does This Mean for the Markets? In a shocking turn of events, senior Foreign Affairs Committee member Joe Wilson collapsed at an event and was taken to the hospital. The official X profile for Wilson, 77, confirmed that he is being evaluated at a local hospital in Washington, DC. His son, Alan Wilson, revealed that doctors have diagnosed him with stroke-like symptoms. Wilson fell ill during a celebration of Ukraine’s Independence Day, causing a stir in Washington’s diplomatic enclave. As a long-standing representative of a conservative district…

Sunrun Inc President Sells Shares: What Does It Mean for Investors? Sunrun Inc (NASDAQ:RUN) recently saw its President and Chief Revenue Officer, Paul S. Dickson, sell a portion of his holdings in the company. This insider transaction has caught the attention of investors and shareholders, who often view such actions as indicators of executive confidence in the company’s performance and prospects. In addition to this insider activity, Sunrun has been making significant strides in the renewable energy sector. The company’s Q2 2024 performance was highlighted by record-setting achievements in the installation of solar and storage systems, leading to a notable…

By Yuka Obayashi Wondering what’s causing the recent surge in crude prices? Look no further than Tropical Storm Francine, which is currently threatening to disrupt oil supply. Despite concerns about global demand, the impact of the storm on production facilities has investors on edge. Crude futures saw a significant increase, with Brent climbing 0.6% to $69.58 a barrel and WTI up 0.7% to $66.19 a barrel. This rebound comes after both benchmarks experienced a sharp drop on Tuesday following a revised demand forecast from OPEC+. Hiroyuki Kikukawa, president of NS Trading, pointed out that the storm’s potential to disrupt supply…

By James Oliphant and Gram Slattery PHILADELPHIA (Multibagger) – In a historic showdown, Democrat Kamala Harris and Republican Donald Trump faced off in their first debate, with potential implications for the upcoming Nov. 5 election as polls indicate a close race. Here are key highlights from the debate: Handshake Drama One of the most anticipated moments was the initial interaction between Harris and Trump, who had never met before. Harris took charge by approaching Trump, extending her hand, and introducing herself as “Kamala Harris.” This gesture set a tone of respect despite previous insults from Trump. Following this, the debate…