Month: December 2020

Cryptocurrencies have gained popularity due to several factors, including privacy and anonymity. Some of them help users to conceal their identities and their transactions. Amid mounting concerns about the anonymity of early cryptocurrencies, such as Bitcoin, users are searching for new options. Let’s take a look at the some popular privacy-oriented cryptocurrencies, which have several
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Hyliion (NYSE:HYLN) stock is interesting because it represents so much potential. Investors who’ve followed the markets this year have seen a lot of atypical trends. In particular, money chasing risky growth in overvalued equities that will ultimately face market corrections. Further, the uptick in SPAC-funded electric vehicle projects is an accelerating trend. Source: Shutterstock But
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When Wish parent ContextLogic (NASDAQ:WISH) stock had its IPO on Dec. 16, many expected shares to pop. Investors have been so starved for pandemic-proof investments that even weaker tech firms have managed 80% first-day gains. Imagine their surprise when Wish instead sagged 10% on opening day. Source: sdx15 / Shutterstock.com To me, that makes Wish’s
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In June 2016, British citizens voted in a referendum to leave the EU; this separation of the U.K. from the EU is called “Brexit.” On January 31, 2020, the U.K. officially left the EU but agreed to continue participating in the EU common market during a transition period, which lasts through December 31, 2020. The
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Zoom Video Communications (NASDAQ:ZM) has enjoyed its best year so far, directly benefitting from the novel-coronavirus shutdowns. This year, with record revenues and profits, the company has been one of the major corporate success stories. However, as we get closer to the post-pandemic world, the excitement around Zoom stock seems to be wearing off. Source:
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Lidar stands for “light radar.” It emits lasers and measure distance by determining how quickly the lasers come back to their origin after hitting objects. According to Wired, “Because lidar sees in much greater detail than radar, it could make … cars capable enough to drive without that constant supervision.” That probably explains why lidar is
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On December 24, 2020, the U.K. and the EU struck a provisional free-trade agreement that ensures the two sides can trade goods without tariffs or quotas. However, key details of the future relationship remain uncertain, such as trade in services. The deal still needs to be approved by the U.K. and EU parliaments, but the
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Just weeks after Luminar Technologies (NASDAQ:LAZR) closed its merger with a SPAC (special purpose acquisition company) called Gores Metropoulos,  there is every reason to believe the shares will do well. However, LAZR stock is simply valued too high right now for most investors. Source: Shutterstock Luminar is an automotive lidar technology maker for autonomous driving
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