Month: June 2020

(Bloomberg) — Two major Canadian wireless companies said they will build out their next-generation 5G wireless networks with equipment from European providers, sidelining China’s Huawei Technologies Co.Montreal-based BCE Inc. said that Ericsson AB will provide the radio access network equipment — the critical antennas and base stations — for its 5G network. Telus Corp. said in a separate statement that it has selected Ericsson and Nokia Oyj “to support building” its network, without elaborating.Those announcements come ahead of a closely watched — and long overdue — decision by Prime Minister Justin Trudeau on whether to ban Huawei from participating in …read more […]

Today I’d typically send you a Trade Talk Tuesdays video message…
But due to what we’re seeing play out across many of our major cities, I felt that it would be far more appropriate to step back and issue you a timelier and more critical message.
So let’s begin…
Like most of you, I found myself waking up this morning and asking, “What happened overnight?”
Peaceful protests by day turned into violent protests by night – and fear is gripping the country.
As heartbreaking and unfortunate as it is to see our cities broken and battered, as investors, we must play these trends in the …read more […]

When looking at V-shaped recoveries, they hardly come more V-shaped than that of Tesla’s (TSLA). Hitting all-time highs in February, then plummeting along with the rest of the market, the EV pioneer’s fortunes appear to be speeding upwards yet again, as the swift recovery has led Tesla stock to a year-to-date gain of 115%.According to Wedbush analyst Daniel Ives, the moving parts are all falling into place for Tesla. The fact that Fremont is up and running again following the resolution of the Musk vs Alameda County quarrel combined with strong demand in China for Model 3 vehicles suggest a …read more […]

In just a couple of months, the COVID-19 outbreak has created a decade’s worth of growth in U.S. online shopping.
To be clear, it wasn’t as though the market share for online shopping hadn’t already been growing prior to the pandemic…
In 2019, consumers spent $602 billion online with American merchants. According to the U.S. Department of Commerce, that was a 15% increase from the $523 billion spent online in 2018.
That was an increase from the 13.6% increase in online market share that occurred from 2017 to 2018.
That shows a strong, accelerating tailwind for e-commerce.
Since the turn of the century, online shopping …read more […]

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U.S. Federal Aviation Administration chief Steve Dickson will testify June 17 before a U.S. Senate panel on certification of the Boeing 737 MAX that was involved in two fatal crashes in five months that killed 346 people. The Senate Commerce Committee said Dickson “will testify about issues associated with the design, development, certification, and operation” of the MAX that has been grounded since March 2019. The FAA’s long-standing practice of delegating certification tasks to Boeing employees for the MAX has come under withering criticism. …read more […]