Month: November 2020

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The pickup truck is as American as apple pie. In 2019, more than 3.1 million were sold in the U.S.
The 2020 leader in light-duty pickup sales is Ford Motor Company‘s (NYSE: F) F-Series. This will likely be its 43rd year as the country’s favorite truck.
But that could all be about to change…
The race is on to grab shares in the all-electric, light-duty pickup truck segment of electric vehicles.
Hummer Brings the Heat
Almost a year ago, Tesla (Nasdaq: TSLA) announced its all-electric Cybertruck. According to Elon Musk, Tesla has received more than 200,000 Cybertruck reservations.
But now other U.S. car companies are …read more […]

Measures to legalize cannabis went five-for-five on election night, but companies might have to wait longer for key reforms. …read more […]

SweetWater’s Portfolio of Beer Brands, Including the Flagship 420 Brand, Aligns with a Cannabis Lifestyle and Provides a Scalable Platform for Expansion into the U. and CanadaAccretive Acquisition Significantly Expands Aphria’s Addressable Market and Diversifies Product Offerings Establishes an Infrastructure in the U. …read more […]

It doesn’t matter who ends up in the White House, Big Tech is going to get hammered either way. …read more […]

If there’s a clear takeaway from last night’s election, it’s that the polls got it wrong again, says Fundstrat Global Advisors managing partner Tom Lee. …read more […]

(Bloomberg) — Illinois voters defeated a measure that would have allowed the state to raise taxes on its wealthiest residents, striking down a pillar of Governor J.B. Pritzker’s plan for shoring up the state’s finances and preventing its debt from being cut to junk.The failure of the constitutional amendment that would have scrapped the flat income tax by a vote of 55% against sent the prices of Illinois’s bonds tumbling, with those due in 2034 down about 7%. The costly campaign ended in a win for Citadel founder Ken Griffin who spent nearly $54 million to fund the opposition, while …read more […]

Joe Biden seems likely to win, but a Republican wall in the Senate would block much of what left-leaning Democrats hope to accomplish in the next four years. …read more […]

Biden has proposed raising the capital gains tax rate from 20% to 39.6% for those making over $1 million, which would represent a big blow to the asset management industry. Other tax hikes he has put forward include increasing the statutory corporate income tax rate from 21% to 28%. Biden was leading in key Midwestern states in the race for the White House as votes were being counted on Wednesday afternoon, but President Donald Trump’s Republican Party was poised to keep control of the Senate even as Democrats retained their majority in the House of the Representatives. …read more […]

Jeff Baxter became the CEO of VBI Vaccines Inc. (NASDAQ:VBIV) in 2016, and we think it’s a good time to look at the… …read more […]

The analysts covering VBI Vaccines Inc. (NASDAQ:VBIV) delivered a dose of negativity to shareholders today, by making… …read more […]

(Bloomberg) — Construction-related stocks tumbled as the close U.S. elections stirred fears that political gridlock would block an increase in infrastructure spending.Vulcan Materials Co., Martin Marietta Materials Inc. and United Rentals Inc. were among the 10 worst performers in the S&P 500 Index in late-morning trading. The outlook for more investment in public works is “probably the key casualty” of the vote, Jefferies analyst Stephen Volkmann said in a note to clients.“While Republicans have also spoken supportively about infrastructure, funding remains a key issue,” he said in the report. “Particularly if Democrats take the presidency, we would expect a Republican …read more […]

Gig economy companies win big after California passed Proposition 22. Yahoo Finance’s Alexis Keenan weighs in. …read more […]

Greenhaven Road Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. Greenhaven’s estimated returns for the third quarter totaled approximately +50% net of fees and expenses. August was the best month in the partnership history. The net result is that both funds are up around 55% for the year, […] …read more […]

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