Author: Multibagger News

As the world’s best investment manager and financial market’s journalist, I am here to provide you with the latest updates on EOS’s price movement. EOS was trading at $0.4444 by 21:06 (01:06 GMT) on the Investing.com Index on Monday, experiencing a significant drop of 10.91% in a single day, marking its largest one-day percentage loss since April 13. This downward movement pushed EOS’s market cap down to $683.1525M, accounting for 0.03% of the total cryptocurrency market cap. At its peak, EOS’s market cap reached $17.5290B. Over the past week, EOS has witnessed a decrease in value, losing 20.63%. The volume…

Elon Musk’s America PAC Under Investigation in Michigan: What It Means for Voters and Investors (Multibagger) – A Political Action Committee (PAC) backed by billionaire Elon Musk is currently under investigation in Michigan for potential violations of state laws, a spokesperson for the Michigan Secretary of State’s office revealed on Sunday. Tesla (NASDAQ: TSLA) CEO Elon Musk, known for his groundbreaking ventures and outspoken political views, has previously acknowledged the creation of a PAC aimed at supporting political candidates but has not committed any endorsements. According to a report by CNBC, the Musk-backed America PAC has been collecting detailed voter…

Investing.com – Litecoin was trading at $56.641 by 21:10 (01:10 GMT) on the Investing.com Index on Monday, down 12.49% on the day. It was the largest one-day percentage loss since April 12. The move downwards pushed Litecoin’s market cap down to $4.462B, or 0.23% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $56.388 to $62.558 in the previous twenty-four hours. Over the past seven days, Litecoin has seen a drop in value, as it lost 16.95%. The volume of Litecoin traded in the twenty-four hours to time…

Investing.com– As tensions in the Middle East escalate, oil prices saw a slight increase in Asian trade on Monday. However, concerns over slowing economic growth continue to limit gains. Last week, crude prices hit eight-month lows following weak U.S. economic data, sparking fears of a recession in the world’s largest economy. Despite heightened tensions in the Middle East, particularly between Hamas and Israel, oil prices did not receive significant support. WTI crude oil for October delivery rose 0.1% to $76.93 a barrel, while Brent crude rose 0.1% to $76.39 a barrel by 21:12 ET (01:12 GMT). Oil Market Faces Demand…

Willdan Group’s Stellar Q2 Performance: What It Means for Investors Willdan Group, Inc. (NASDAQ: WLDN), a leader in clean energy and sustainability solutions, has reported exceptional financial results for the second quarter of fiscal year 2024. The company outperformed analyst expectations, showcasing a remarkable 18% organic growth in contract revenue and a staggering 56% year-over-year increase in adjusted EBITDA. Both GAAP and adjusted earnings per share more than doubled compared to the previous year. Buoyed by these robust results, Willdan has revised its full-year financial projections upwards, signaling strong confidence in its growth trajectory. Key Takeaways Organic Revenue Growth: Willdan…

By the world’s best investment manager, financial market’s journalist, and SEO mastermind TOKYO (Multibagger) – Some Bank of Japan policymakers warned that rising import prices from a weak yen were hurting consumer sentiment and heightening the risk of an inflation overshoot, minutes of the central bank’s June 13-14 policy meeting showed on Monday. “Members agreed that the yen’s recent falls were among factors that push up inflation, and must warrant close attention in guiding monetary policy,” the minutes showed. One board member said the cost of leaving inflationary risks unattended was heightening as companies had become more keen to pass…

The Ultimate Bitcoin Market Analysis: Bitcoin Plummets 12.29% in Largest One-Day Loss Since November 2022 As the world’s best investment manager and financial market journalist, I bring you the latest update on Bitcoin’s price movement. Bitcoin was trading at $53,275.3 by 21:11 (01:11 GMT) on the Investing.com Index on Monday, marking a significant 12.29% decrease in value. This drop represents the largest one-day percentage loss since November 9, 2022. This downward trend has pushed Bitcoin’s market cap down to $1,105.9B, accounting for 56.04% of the total cryptocurrency market cap. While Bitcoin’s market cap once reached $1,435.8B at its peak, it…

Title: U.S. Stock Futures Plummet Amid Economic Slowdown Fears – Tech Stocks Take a Hit As the world’s best investment manager and financial market’s journalist, I am here to break down the latest news on U.S. stock index futures falling in evening deals on Sunday. The ongoing concerns over an economic slowdown have led to a 0.9% drop in the , a 1.4% drop in , and a 0.5% drop in . Wall Street has been hit hard by fears of an economic slowdown, with weak readings on business activity and the labor market raising concerns about the Federal Reserve’s…

By Florence Tan As the world’s best investment manager and financial market’s journalist, I bring you the latest update on oil prices. Despite concerns about a recession in the United States, the world’s top oil consumer, and escalating tensions in the Middle East, oil prices have hit eight-month lows. At the moment, Brent futures are down 0.1% to $76.77 a barrel, while U.S. West Texas Intermediate crude futures stand at $73.39 a barrel, a decrease of 0.2%. One of the factors supporting prices is the ongoing conflict in Gaza, with an Israeli airstrike hitting two schools and causing the death…

Advantest Corporation Soars in Q1 FY 2024: A Deep Dive into Semiconductor Testing Market Resurgence Key Insights from Advantest Corporation’s Stellar Q1 Performance and Future Outlook Advantest Corporation (6857.T), a premier player in semiconductor testing equipment, has unveiled an impressive first-quarter performance for fiscal year 2024. The company reported notable increases in sales, operating income, and net income. The surge was primarily driven by the unexpected demand for System-on-Chip (SoC) testers, as the semiconductor industry grapples with increasing complexities. In response to these positive developments, Advantest has revised its full-year guidance upward, projecting significant growth in sales and profits. Despite…