During the latter half of 2020, the electric vehicle market has experienced unprecedented growth, both domestically and internationally. Tesla’s ever-increasing dominance has owned both markets since the first quarter. But recently, the American titan is facing reputable competition in companies from the world’s largest electric vehicle market: China. Wedford describes this international stock rally best […]
A recap of the past week in 3 short headlines 1. Eventful Week Every day this week had something for everyone. From highly anticipated tech IPOs to encouraging vaccine news to lawsuits against Big Tech, every day brought something new. First off, the S&P 500 fell 0.96% for the past week. Investors feared that more […]
1. Another Wild Week This past week was a major “L” for many investors. Continuing their trend from the previous week of 9/1/2020, the S&P 500 and NASDAQ continued their decline as many investors began to feel uneasy with the current valuations of stocks. The S&P 500 and the NASDAQ fell up 2.51% and 4.06%, […]
The Dot-com bubble of the late 1990s and early 2000s was a speculative economic bubble created by excessive optimism towards Internet companies and their stocks. Today, it serves as a reminder of the consequences of greed, excess, and hype. Innovation in the 90s The 90s were a period of rapid technological advancement. The creation of […]
A recap of the past week in 3 short headlines. 1. Record-Setting Week The S&P 500 and NASDAQ reached record highs this past week. The S&P 500 and the NASDAQ are up 0.72% and 2.65%, respectively, for this past week. What’s particularly incredible about this record is that the S&P 500, now at 3,397.16, breached […]
If you follow the financial news, you’re probably familiar with the recently called-off WeWork initial public offering, or IPO, for short. With a valuation that reached levels as high as $47 billion and balance sheets indicating a company hemorrhaging cash, WeWork’s plan had all the indications of the 1999-era excess and technology bubble. With a […]
In the past few years, the marijuana industry has expanded at an unprecedented pace and has not looked back. The recent legalization of recreational cannabis in Canada, as well as continual legalization in states, has paved the way for manufacturers, wholesale distributors, and shops to take advantage of the rapidly growing market. Marijuana-based IPOs have […]
One week ago, on Friday, March 29th, ridesharing giant Lyft began its life as a publicly-traded company. Lyft (NASDAQ:LYFT) was the first of several major tech companies expected to go public to actually do so in 2019. Among notable others, this is including Lyft’s main competitor, Uber, who Lyft has apparently beaten in the supposed […]