Author: Multibagger News

By Humeyra Pamuk and Steve Holland WASHINGTON – In a major breakthrough, the latest negotiations in Doha to achieve a ceasefire in Gaza and a hostage deal have been the most productive in months, according to a senior Biden administration official. The negotiators will reconvene next week in Cairo to finalize the deal. The official, speaking on the condition of anonymity, stated that all participants have shown a new spirit of cooperation to drive the negotiations to a conclusion. However, he emphasized that there is still work to be done as the deal is complex and challenging. With the help…

Corvus Pharmaceuticals Inc (NASDAQ:) stock has reached a new 52-week high, hitting $4.04, showcasing an impressive 98.02% surge over the past year. Investors have shown increased confidence in Corvus Pharmaceuticals’ potential as the company continues to make strides in developing novel immuno-oncology therapies. This milestone reflects the market’s optimistic outlook on the company’s future endeavors. Furthermore, Corvus Pharmaceuticals reported significant advancements in clinical trials and financial standings. The company’s Q2 earnings report highlighted progress in clinical trials, with interim data from a Phase 1 study of soquelitinib for treating moderate to severe atopic dermatitis expected in Q4 2024. Additionally, the…

Wells Fargo Investment Institute Reveals Top Stocks for All Seasons: Microsoft and Apple Lead the Pack In a recent publication by Wells Fargo Investment Institute, tech giants Microsoft and Apple have been identified as reliable investments for both volatile and stable markets. These two companies have secured a spot on multiple recommended lists, including the Core, Diversified Stock Income Plan (DSIP), and Focus Lists. The Core List consists of blue-chip, industry-leading companies that form the foundation of a well-diversified portfolio. The DSIP List focuses on companies with consistent dividend growth, while the Focus List targets stocks expected to outperform the…

Breaking News: Boeing and Lockheed Martin in Talks to Sell United Launch Alliance to Sierra Space Potential Sale Could Reshape U.S. Space Launch Industry By Joey Roulette and Mike Stone WASHINGTON (Multibagger) – Industry giants Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are currently in discussions to sell their rocket-launching joint venture, United Launch Alliance (ULA), to Sierra Space. According to two sources familiar with the matter, this potential transaction could mark a significant transformation in the U.S. space launch industry. Key Details: United Launch Alliance (ULA): A crucial provider of launch services to the U.S. government and a…

Investing.com – Kamala Harris Surpasses Trump in White House Race After Biden’s Exit – UBS Analysis In a surprising turn of events, Vice President Kamala Harris has taken the lead over Donald Trump in the race for the White House. Recent polls show a significant shift in momentum, with Harris gaining more than 6 points in national polls and improving on Biden’s position in critical swing states. UBS analysis suggests that Harris is better positioned in a head-to-head contest against Trump, while Trump’s prospects in Democratic-leaning states have dwindled. The independent candidate, Robert F Kennedy, Jr., is now seen as…

Optimized Title: "Top Startup Stories, Fundraises, and VC News of the Week – Exclusive Insights from the Best Investment Manager and Financial Market Journalist" — Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. I’m Anna Heim from TechCrunch’s international team, and I’ll be writing this newsletter moving forward. Want it in your inbox every Friday? Sign up here. This week, we’re looking at some companies being created, funded, shut down and acquired — the circle of startup life. Most interesting startup stories from the week While one company made a…

Investment Expert Michael Saylor Boosts Bitcoin Confidence Amid Market Uncertainty In a recent tweet, Michael Saylor, chairman and cofounder of MicroStrategy, reaffirmed his belief in Bitcoin, declaring it as the future despite recent market volatility. Saylor’s statement comes at a time when Bitcoin has been experiencing fluctuations, particularly after the release of U.S. consumer price index data. BTC has seen a slight increase of 0.43% in the last 24 hours, reaching $58,423 after a dip to $56,120. This rebound showcases Bitcoin’s resilience in the face of market uncertainty, a point that Saylor has consistently emphasized. The recent jitters about the…

Breaking News: Personalis Inc (NASDAQ:) Receives Price Target Upgrade to $7.00 Amid Strong Collaboration with Tempus AI On Friday, BTIG raised its price target for Personalis Inc to $7.00 from $5.50, maintaining a Buy rating. This adjustment follows Personalis’s enhanced collaboration terms with Tempus AI, which has led to a surge in the company’s stock value. In a recent discussion with BTIG, Personalis revealed that Tempus AI is experiencing high demand for its NeXT Personal test, resulting in an increase in the minimum number of tests to be conducted. Tempus also exercised warrants to purchase 9.2 million Personalis shares at…

Federal Court Upholds Key Injunction Against California’s Controversial Child Safety Law: What This Means for Big Tech and Families By Jonathan Stempel (Multibagger) — In a landmark decision, the 9th U.S. Circuit Court of Appeals in San Francisco has upheld a crucial part of an injunction against California’s Age-Appropriate Design Code Act, a law designed to protect children from harmful online content. This ruling has significant implications for major tech companies and the future of online safety for children. Key Takeaways from the Ruling 1. First Amendment Concerns The court found that NetChoice, a trade group representing online businesses, is…

The Top Investment Manager Reveals: Chicago Fed President Urges Rate Cuts as Economic Indicators Flash Warning Signs In a recent statement, Chicago Federal Reserve President Austan Goolsbee expressed support for rate cuts amidst concerning economic indicators. Goolsbee highlighted rising unemployment and tight credit conditions as key factors signaling potential economic downturn. According to Goolsbee, easing restrictions could help alleviate credit conditions and mitigate risks associated with small business defaults and increasing unemployment rates. He emphasized the importance of a gradual approach to rate cuts to ensure a steady adjustment process. As the world’s best investment manager, it is crucial to…