Yearly Archives: 2021

One of the fastest growing motorcycle brands has 3 wheels, not 2

Can-Am F3-S Special Series Throughout the pandemic, motorcycle brands such as Harley-Davidson (HOG) saw a surprising boost in sales as Americans gravitated toward outdoor leisure activities en masse. Among the motorcycle manufacturers experiencing a heyday in growth in North American markets, Can-Am On-Road makes motorcycles that ride on three wheels instead of two. “Can-Am On-Road [has performed] two times better than the motorcycle industry average,” Can-Am On-Road Director of Global… Source link

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Fisker unveils ‘world’s most sustainable vehicle’ as electric vehicle competition heats up

It seems among the investor community, all everyone talks about are the EV (electric vehicle) stocks – and only the big ones at that – Tesla (TSLA), Rivian (RIVN), and Lucid (LCID). One EV company that’s been flying under the radar, that is until it had big news at this year’s Los Angeles Auto show is Fisker Inc (FSR). Fisker, founded and run by legendary automotive designer Henrik Fisker, unveiled the production version of its Ocean EV SUV.  Overall it’s a competitive package, penned by… Source link

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Famed investor Jeremy Grantham says the next decline will be ‘bigger and better’ than anything in US history — here are 3 of his safe haven stock picks

Famed investor Jeremy Grantham says the next decline will be ‘bigger and better’ than anything in US history — here are 3 of his safe haven stock picks Jeremy Grantham, legendary investor and pioneer of index fund investing, expects today’s sky-scraping stock market to come crashing back to earth. Grantham recently told Bloomberg that investors, who enthusiastically drove the stock market to new heights during a global recession, are in for a shock. “When the decline comes, it will… Source link

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How to automate everyday tasks easily with Google Assistant’s Routines

Google Assistant is great, but it is much more powerful than a voice-assisted search engine that can tell you the weather on demand. Assistant is also capable of remembering certain phrases you say and triggering selected actions every time you say them. This is possible thanks to a feature called Routines. Here’s how you too can set up Google Assistant routines on your phone and automate basic tasks on the command of your voice. How to set up Routines on Google Assistant Step 1: Navigate… Source link

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What to know about the newly discovered COVID-19 variant, according to a Johns Hopkins researcher

The recent announcement by South African scientists of a new COVID-19 variant has sparked fears across the globe, leading to a market sell-off and heightened anxiety about a pandemic entering its second winter. The variant, currently referred to as B.1.1.529, was discovered in Botswana and has already been reported in South Africa, Belgium, Hong Kong, and Israel. There have been numerous variants since the coronavirus first emerged, but the B.1.1.529 has drawn considerable attention because of… Source link

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Dow suffers worst Black Friday selloff since 1931

Shoppers typically bear the brunt of Black Friday frenzy while clamoring over discounted holiday merchandise, but concerns over the new COVID variant gave investors and traders a dollop of holiday volatility Friday. The Dow Jones Industrial Index (^DJI) settled down 905 points (2.53%) in its worst post-Thanksgiving Day performance since 1931. The S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC), meanwhile, turned in their worst-ever returns post-Turkey Day. Interactive Brokers Chief Strategist… Source link

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Market strategists split on ‘buying opportunity’ after post-Thanksgiving selloff

The Dow Jones Industrial Average’s (^DJI) worst daily plunge of the year sparked a split among market strategists on wether Friday was a good buying opportunity.  The index closed down more than 900 points, while the broader S&P 500 (^GSPC) average declined 2.27%. Energy, financials and industrial stocks led the markets lower amid concerns of a new COVID variant first detected in southern Africa.  “To the extent this is not as big as Delta was ultimately, then I think maybe it’s a little bit… Source link

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Expedia, Airbnb, and other travel stocks drop amid discovery of new COVID-19 variant, market selloff

Travel platform Expedia (EXPE) and home sharing site Airbnb (ABNB) are two of the stocks swept into the market sell-off on Friday over concerns of a COVID variant first detected in southern Africa. Expedia, the fifth-worst performer in the S&P 500, dropped as much as 11% during the shortened trading day on Friday. Shares closed 9% lower at $159.80 each. Airbnb’s stock closed the session down more than 3% at $173.86. Travel reservation platform Booking Holdings (BKNG) also declined more than 7%… Source link

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New COVID variant adds uncertainty for a Fed in the process of slowing support

The emergence of a new COVID variant spooked markets on Friday, forcing some Fed watchers to question if the Federal Reserve will change course on its plans to slow its monetary support to the U.S. economy. “Policy normalization already looked like it was going to be gradual but the… growth worries we’re seeing come back into the market’s consciousness in the last 24 hours could mean that monetary policy needs to be a little bit more dovish than that,” HSBC Asset Management Chief… Source link

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