Author: Multibagger News

Donald Trump’s Long Odds in Bid to Reverse Conviction on Criminal Charges – Luc Cohen Donald Trump is facing an uphill battle in his attempt to overturn his conviction on criminal charges related to hush money paid to a porn star. Legal experts are skeptical of his chances despite a recent landmark U.S. Supreme Court ruling that recognizes broad presidential immunity from prosecution. Trump’s lawyers are pushing for Justice Juan Merchan to set aside the jury’s guilty verdict, citing the Supreme Court’s decision that former presidents cannot be criminally prosecuted for official acts. However, experts believe that Trump’s conduct in…

ShardLab Launches Innovative AA and ZK Based App for Digital Identity and Voucher Distribution Thailand, Bangkok, July 9th, 2024, Chainwire – ShardLab, the innovation arm of the leading global Web3 venture capital firm Hashed, announces the launch of its web application powered by account abstraction (AA) and zero-knowledge (zk) technology. This app introduces a transformative way to utilize decentralized identity (DiD) and distribute vouchers seamlessly. Building on the success of the Southeast Asia Blockchain Week (SEABW) 2024, where ShardLab showcased the potential of NFTs for practical applications, this new app extends the utility of blockchain technology into everyday use. Attendees…

Marten Transport Downgraded by Vertical Research Partners: What It Means for Investors On Tuesday, Vertical Research Partners made a significant move regarding Marten Transport Ltd. (NASDAQ:), downgrading the stock from Buy to Hold and adjusting the price target from $22 to $19. The firm cited challenges in the truckload sector and a longer downcycle impacting earnings projections for the company. Vertical Research Partners revised its 2024 EPS estimate for Marten Transport downwards from $0.70 to $0.56, with the current annualizing rate at $0.45. The firm also reduced its 2025 EPS estimate by 20% to $0.80, acknowledging risks in the second…

The Ultimate Analysis: Trump Expects Biden to Stay in Race Despite Pressure – What Does This Mean for Your Investments? In a recent interview, Republican presidential candidate Donald Trump predicted that President Joe Biden will not step aside in the race for the White House, despite calls from within the Democratic Party for him to do so. Trump cited Biden’s ego and delegate count as reasons for his refusal to quit. The 25th Amendment allows for the removal of a president if deemed unfit by the vice president and cabinet members, but there is no indication that this is being…

Amazon Stock Set to Soar: Jefferies Raises Price Target to $235 Amid AWS and Advertising Boom In a bullish move, Jefferies analysts have raised their price target for Amazon (NASDAQ: AMZN) to $235 per share from $225, highlighting robust growth in Amazon Web Services (AWS) and the company’s burgeoning advertising sector. Key Insights from Jefferies’ Analysis Jefferies reiterates a BUY rating on Amazon, emphasizing that sustained momentum in AWS and Advertising, coupled with retail operational leverage, could drive an 18%+ upside to their sum-of-the-parts (SOTP)-based $235 price target (PT). AWS and Advertising: The Growth Engines The report underscores the significant…

As the world’s top investment manager, financial market’s journalist, and SEO mastermind, I present to you the ultimate guide to understanding the potential impact of French sovereign ratings after the recent election. According to Generali Asset Management, there is a risk looming over French sovereign ratings post-election. In this post, we will delve into the reasons behind this concern and analyze how it could potentially affect investors and the financial market as a whole. Stay tuned for expert insights and valuable information that will help you navigate through these uncertain times with confidence and clarity. Now, let’s break it down…

Colt .45 “Peacemaker” Revolver Focus of Alec Baldwin Trial | Santa Fe, New Mexico By Andrew Hay SANTA FE, New Mexico (Multibagger) – The inner workings of a Colt .45 “Peacemaker” revolver, a symbol of the American Wild West, have become the focus of Alec Baldwin’s trial for the 2021 fatal shooting of “Rust” cinematographer Halyna Hutchins on a New Mexico movie set. Jury selection was set to begin on Tuesday nearly three years after Baldwin was directed to point his gun at Hutchins as she set up a camera shot inside a movie-set church about 20 miles southwest of…

Investment Manager Reveals: Masa Launches AI Data Subnet on Bittensor, Revolutionizing Fair AI Development with Dual-Token Reward Structure Discover how Masa, the first live token in the Bittensor Subnet Ecosystem, is democratizing AI development and incentivizing contributors in the crypto industry’s booming AI sector projected to hit $10.2 billion by 2030. With the launch of Masa’s AI Data Subnet on Bittensor, a world of Fair AI powered by the people is within reach. This groundbreaking decentralized AI network allows individuals worldwide to contribute data and compute to AI development without centralized control, opening up new possibilities for AI developers to…

Monolithic Power Systems (MPS) Stock Price Target Raised to $975 by KeyBanc Capital Markets KeyBanc Capital Markets has adjusted its price target for Monolithic Power Systems (NASDAQ: MPS) shares, a leading semiconductor company, increasing it to $975 from the previous $850. The firm also maintained an Overweight rating on the stock. The decision by KeyBanc comes on the heels of a positive outlook for Monolithic Power Systems, particularly in its relationship with NVIDIA (NASDAQ: NVDA)’s platforms. Monolithic Power is expected to retain a dominant market share of over 80% on NVIDIA’s Hopper and Blackwell platforms in the power segment. The…

Citi Analysts Warn Investors About Overheated Sentiment in AI Stocks In a recent note, Citi analysts have raised concerns about the potentially overheated sentiment in Artificial Intelligence (AI) stocks. According to their analysis, optimism surrounding AI stocks has reached its highest level since 2019, driven by factors such as market expectations and historical price movements. The analysts point out that sentiment around stocks with high exposure to AI is currently at its peak, with estimates for future growth in these stocks significantly lower than what market prices suggest. Additionally, the recent surge in AI stock prices has far outpaced historical…