I know we haven’t flipped the calendar to 2021 yet, but I have a pretty good idea what the big story next year will be. Source: Shutterstock You probably do, too, if you think about it. The devastating pandemic has to be the story of 2020. And from it comes what has a good chance
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
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:
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
Without a doubt, 2020 could easily be called the “year of electric vehicles.” Yet not all companies in this space have been treated equally. Hyliion (NYSE:HYLN), which is seeking to commercialize long-haul electric trucks, seems to get left out of the conversation as HYLN stock can’t get steady respect from traders. Source: Shutterstock As you may
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
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
We are finally at the tail end of a horrific year on Main Street. It has been the exact opposite on Wall Street because stocks are still setting new records despite all of this year’s madness. There have been tremendous winners and among them is Square (NYSE:SQ) stock, which we will discuss today. Source: IgorGolovniov
I’ve been skeptical toward Landcadia Holdings II (NASDAQ:LCA) stock for some time now. Of late, the market has disagreed. Indeed, LCA stock has posted a nice rally since late October. It’s nearly doubled over that stretch, from under $12 to a current price over $23. Source: Stokkete/ShutterStock.com From a distance, there’s some logic to the
Microsoft Corporation (MSFT) has joined a group of leading technology companies that have filed an amicus brief with the United States Ninth Circuit Court of Appeals in support of a lawsuit by Facebook, Inc. (FB) subsidiary WhatsApp Inc. against spyware vendor NSO Group Technologies Limited. Facebook-owned messaging service WhatsApp sued NSO Group in 2019, alleging
Sales of cannabis have increased this year in light of the coronavirus pandemic but Sundial Growers (NASDAQ:SNDL) continues to face numerous challenges. Sundial Growers stock had a series of problems this year, the most recent one being a possible reverse split. Source: Shutterstock While stock splits are usually great for a company’s bottom line, a
Digital payments processor PayPal (NASDAQ:PYPL) is a well-known name among merchants and customers alike. It’s also quite familiar to market traders as PayPal stock has rocketed higher in 2020. Value-focused investors might balk at the idea of buying PayPal stock after its incredible run-up. However, the company’s strategic moves indicate that there could be more gains
Of the five so-called “Cloud Czars,” or tech companies that own their own cloud computing centers, the quietest is Microsoft (NASDAQ:MSFT) and Microsoft stock. Source: The Art of Pics / Shutterstock.com Small wonder that they’re the one big tech company Citicorp thinks can outperform next year. This is one of its analysts’ best ideas for 2021.
Take a look at some of the biggest movers in the premarket: FireEye (FEYE) – The cybersecurity firm’s stock is 2% lower in premarket trading, after rising for four straight sessions and eight of the past 10, gaining more than 78% over the latter stretch. Shares of this and other cybersecurity firms have been rising,
Treasury inflation-protected securities (TIPS) are popular with bondholders, particularly when the economy isn’t performing well. For many investors, TIPS seem like an obvious choice when there is above-average uncertainty about inflation and market returns. Unfortunately, TIPS do not always live up to their billing, primarily because most people don’t understand this investment as well as
With its monopolistic position in the region e-commerce giant Jumia Technologies (NYSE:JMIA) is often referred to as the Amazon (NASDAQ:AMZN) of Africa. Jumia stock has seen a spectacular rise as a result. Source: Christopher Penler / Shutterstock.com When it first launched in 2012, its goal was to cement its position as the leading e-commerce player
The past two months have brought relief and recovery to airline stocks. Boeing (NYSE:BA) has been bid up alongside the industry allowing Boeing stock bulls to establish a foothold. Source: Alex JW Robinson / Shutterstock.com With the turnaround, the price trend has improved dramatically and looks healthier than at any point in 2020. Today we’re
In a year filled with amazing revelations, Wall Street managed to steal some of the spotlight. Specifically, 2020 saw the rise in popularity of special-purpose acquisition companies (SPACs). These corporations look for budding opportunities. In the process, they bring private companies to Wall Street without the hassle of an IPO (more on that later). This
Check out the companies making headlines in midday trading. Nikola — Shares of the electric vehicle company shed more than 3% as the stock continued its slide after the announcement of the end of a garbage truck development deal with Republic Services. The stock lost 10.7% on Wednesday. Wedbush Securities called the announcement “a tough
Do you know your insurance score? Most people don’t even realize they have one until they receive an adverse action notice in the mail notifying them that, based on their insurance score, they don’t qualify for the lowest pricing available from their insurance provider. To help you decipher what all this means, we’ll go over what the insurance