Hybrid and electric vehicles hit a stumbling block as 2020 brought annual growth of the industry below zero to -4%. In a year defined by the pandemic and economic shutdowns, it is no surprise that a rapidly growing industry would falter.
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If the pandemic was good for one thing it was catching up and binging on all that content you previously put off. By the end of 2020, streaming subscriptions rose to about 1.1 billion, according to the Motion Picture Association on Thursday.
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After five quarters of consecutive profit, Tesla has reached the holy grail of inclusion with the S&P 500. Upon its immediate inclusion on December 21, Tesla will be the ninth-largest component of the index. While one company will be added to the index, one undisclosed company will be replaced.
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When it comes to predicting future performance, the only data available to investors is the past; and that is what investors will look to when trying to decipher the direction of the stock market after November’s election.
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The S&P 500, Dow Jones Industrial Average, and Nasdaq all had a week to remember with their largest gain in the last three months. Powering the weekly surge were new talks about a stimulus deal, analysts’ growing optimism about EPS, and the Vice President Biden’s increasing lead in the polls.
Read MoreThe good old days have rarely come back to feel so good. IPOs are hot in 2020, already eclipsing all YTD totals for the last 20 years. The only year that comes even close? 2000.
Read MoreIt’s Apple v. Google v. Facebook v. Amazon v. Microsoft in the technology space that has seen these firms bring out the knives and litigation in an attempt to remain the last one standing.
Read MoreThe fake-meat market is heating up, and not just consumers want a taste of it. Big agriculture, and other investors, are looking at the industry and see a trend that only points positive.
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