Last year gave us our fair share of new trends… some that look like will hang around for good, while others look they could be a pandemic aberration. Well, this is one trend that our furry friends most assuredly is in the former category. One great thing the pandemic has created, is a thriving economy
Last week we talked about Wall Street’s latest name set to join the list of successful e-commerce companies who all thrived in 2020, in a new class of online shopping stocks. Joining the likes of Etsy (ETSY), eBay (EBAY) and Pinterest (PINS), the longtime, self-proclaimed “social marketplace” Poshmark (POSH) made a smashing debut yesterday. The
Let’s certainly hope we’re buying so many guns as a form of self-defense. With a wild year we just had across the country, that’s very possible. But for whatever reason, the National Shooting Sports Foundation (NSSF) reports that, according to FBI background checks, Americans purchased an estimated 21 million firearms last year, a whopping 34%
In his much-anticipated Covid stimulus bill, President-elect Biden is calling for most Americans to receive direct payments of $1,400, bringing the total relief to $2,000 after factoring in December’s $600 payments. In this special Wall Street Wire broadcast, our contributing editor Rodney Johnson and host Dave Okenquist bring on special guest Charles Sizemore, to
If you’ve had trouble getting behind the plant-based “meat” movement, you’re not alone. And if you’re part of the “anti faux meat” crowd, then you might have trouble wrapping your head around Beyond Meat (BYND)’s latest target. Perhaps trying to change its image in an increasingly body-conscious world, Taco Bell (YUM), a long-established fast foot
As we highlighted yesterday, the restaurant industry sits atop of the list of industries most severely impacted by the pandemic, which has weeded out clear winners like national chains with the resources to take the pandemic hit, and losers, which most obviously include the mom and pop restaurants. But included in the latter are many
By now most of us should be aware of the mass migrations taking place in America, from cities to suburbs. A survey by freelance contracting website Upwork back in late October shows that between 14 million and 23 million people plan to pack up and move out of big cities, a trend that’s been fueled
It’s no secret General Motors (GM) has struggled for decades to keep its Cadillac brand relevant. Once the popular sign of someone who’s “made it,” the car became a symbol of yesterday’s blue-collar reach for affluence… or your grandfather’s car. The company even tried to make a Cadillac-branded pickup, to no avail. They have had
In the burgeoning world of electric vehicles (EVs), filled with promising (and not so promising) startups and ideas, most around the industry would probably point you to what Volkswagon’s (VWAGY) been doing in Europe over the last year. The German automaker jumped into the world of EVs in 2019 with the debut of its ID.3.
Diversification. Traditionalists will tell you that’s the name of the game. Late last summer, Walmart (WMT) made its biggest splash outside the world of retail when it partnered with Oracle (ORCL) to bring the Chinese dance app TikTok to the U.S. The agreement, which gives Walmart a 7.5% stake in the newly formed TikTok Global
A few weeks ago, Apple (AAPL) made noise that sent ripples through the growing EV industry, after it announced plans to roll out a battery-powered “iCar” vehicle within four years. It’s a cool idea, that also comes with one caveat… Apple isn’t an automaker,but there are hurdles, and they’d likely have to find a partner
As governments around the world and states throughout the country continue to crack down on gas guzzlers, ushering in the next generation of electric-powered, autos, the EV industry has hit a new gear. In fact, one country has already taken electric vehicles (EVs) to heart. Last year in Norway, sales of EVs surpassed those of
This past year was a disaster for a long list of industries, including movies, which are anxious as any to get through this pandemic. With theaters across the country closing their doors for much of the year, studios resorted to releasing films directly to streaming platforms. But it didn’t work so well. The paltry $2.3
