Author: Multibagger News

Taiwan’s Stock Market Faces AI Trade Reversal: Societe Generale Warns of High Vulnerability According to experts at Societe Generale (OTC:), Taiwan’s stock market is currently the most exposed to the risks of an AI trade reversal. The country’s equities, particularly in the semiconductor sector, are highly susceptible due to significant foreign ownership. Key Points: High Foreign Ownership: Foreign investors hold over 40% of Taiwan’s equity market and contribute to 80% of the trading volume. Recent Outflows: Since July, foreign investors have reversed their positive trend by becoming net sellers, resulting in outflows of USD 16 billion. Geopolitical Impact: Statements from…

Fed Holds Interest Rates Steady, Signals Potential Cuts in September: What It Means for Your Investments In the latest Federal Reserve meeting, the benchmark interest rate remains at 5.25%-5.50%, but the central bank hints at possible rate cuts come September 17-18. The decision will be data-dependent, with key factors being inflation, employment, and job openings. Inflation seems to be easing, with the CPI dropping to 2.9% and core rate at 3.2%. This gives the Fed the opportunity to cut rates by 25 basis points in September. Employment numbers show underwhelming job growth and a rising unemployment rate, potentially signaling economic…

RAMALLAH, West Bank (Multibagger) – Israel launched strikes on Palestinian militants in Tamoun in the occupied West Bank on Wednesday, leading to clashes with Hamas fighters in nearby Tubas city. The violence comes in the wake of increased tension following the recent conflict between Israel and Hamas in Gaza. According to official reports, one man was killed in the Israeli raid in Tubas, while four others lost their lives in an Israeli drone strike in Tamoun. The Al-Qassam Brigades, the armed wing of Hamas, confirmed the death of one of its fighters in the Tubas raid. The situation remains tense,…

Title: The Secret to Building Better Business Software Revealed by CEO of $13.5 Billion HR Startup Meta Description: Learn why the conventional wisdom of building narrow software applications is outdated, and how a horizontal approach can revolutionize the industry. Find out how this strategy can benefit your business and finances. In the world of software startups, there is a debate on how to build a successful business. While many advisers suggest focusing on solving one pain point and gradually adding features as the company grows, Parker Conrad, CEO of Rippling, disagrees. In a recent podcast, Conrad criticized the conventional wisdom…

Robert Kiyosaki Predicts World’s Worst Market Crash: Is Bitcoin the Key to Financial Stability? Renowned financial market guide and best-selling author Robert Kiyosaki has issued a chilling warning about the global economy, suggesting that a catastrophic crash could be on the horizon. In his latest social media post, he expresses deep concerns about the economic strategies being pursued by U.S. officials, whom he believes are ill-equipped to handle the impending crisis. Despite the grim outlook, Kiyosaki sees opportunity in the midst of chaos. Drawing on his past experiences, he advocates for strategic financial preparation, emphasizing the importance of being ready…

Horizon Kinetics Asset Management LLC Increases Stake in Texas Pacific Land Corp (NYSE:TPL) – A Strategic Move for Investors Horizon Kinetics Asset Management LLC, a major shareholder in Texas Pacific Land Corp (NYSE:TPL), has recently boosted its stake in the company by acquiring additional shares. This transaction involved the purchase of 3 shares of common stock at a price of $820.17 each, totaling an investment of $2,460. This move showcases Horizon Kinetics’ ongoing confidence in Texas Pacific Land Corp, a key player in oil royalty trading. Following this transaction, the asset management firm now holds a total of 1,085,119 shares…

BHP’s Escondida Mine Strike: What It Means for Copper Prices and Your Investments SANTIAGO (Multibagger) – The striking union at BHP’s Escondida mine in Chile is meeting with management to see if they can "bring positions closer," said a source with knowledge of the matter on Wednesday. The union began a strike on Tuesday at Escondida, the world’s largest copper mine, after contract negotiations fell apart. The meeting did not constitute a formal restart of talks, the source said. Analysis: Breaking Down the Impact on Your Finances What’s Happening? Strike at Escondida Mine: Workers at the world’s largest copper mine,…

Argentines Optimistic as Monthly Inflation Drops to 4% Under President Milei – Best Investment Insights by Miguel Lo Bianco Argentines, feeling the pinch of the world’s highest annual inflation rates, are feeling both hopeful and weary as monthly price rises dip down towards 4%, the lowest in over two years amid tough austerity under President Javier Milei. The South American country, where yearly inflation stands at 271%, is trying to emerge from a severe economic crisis, which ushered libertarian outsider Milei into power late last year as voters opted for a radical new approach to restore stability. Milei’s sharp cost-cutting…

Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS) Phase 2 Trial for Sabirnetug Shows Promising Signs – BTIG Reaffirms Buy Rating and $11.00 Price Target BTIG has reiterated its Buy rating and $11.00 price target on Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS) following the swift enrollment of the Phase 2 trial for Sabirnetug. The rapid enrollment of patients, especially with an existing commercial drug available, indicates strong interest in the trial. Sabirnetug boasts potential advantages such as a favorable safety profile and efficacy, contributing to the excitement surrounding the trial. The structure of the trial, which includes an open-label extension (OLE) option, along with…

Capitol Economics: CPI Report Suggests 25bp Rate Cut in September The consumer price index (CPI) report for July indicates a need for a 25 basis point rate cut, according to strategists at Capitol Economics. All-items CPI and core CPI both saw modest increases last month, signaling a return to a disinflationary trend. Despite an annual rise of 2.9% in headline CPI, economists had expected a figure closer to June’s 3.0% increase. The core CPI, which excludes volatile categories like food and energy, rose 3.2% over the past twelve months, slightly below expectations. This data, along with Tuesday’s PPI report, supports…