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Here’s Why Worm Capital is Avoiding Nikola Corp (NKLA) Stock

Worm Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. Year-to-date through Q3 2020, the long/short equity strategy fund returned 171.64%, and the long-only strategy fund returned 125.43%, net of fees. Meanwhile, the S&P 500 Index returned 5.58% over the same period. You should check out Worm Capital’s […] …read more […]

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Here’s Why Tesla (TSLA) Stock Could be ‘Undervalued’ in Today’s Market

Worm Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. Year-to-date through Q3 2020, the long/short equity strategy fund returned 171.64%, and the long-only strategy fund returned 125.43%, net of fees. Meanwhile, the S&P 500 Index returned 5.58% over the same period. You should check out Worm Capital’s […] …read more […]

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Nokia's COVID detection system automatically scans for temperature, mask

Nokia has created an automated system that uses a thermal camera and real-time video analytics to determine if a person has COVID-19 symptoms and is wearing a mask, part of efforts to protect employees as they return to work. The Finnish company has been using the system in its factory in Chennai, India, for two months and has screened more than 200,000 people in that facility. The system detects whether a person has a high temperature or is not wearing their face-mask and alerts the operation centre, the head of Analytics and IoT for Nokia, Amit Shah, told …read more […]

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Fisker closes deal for supplier Magna to build its SUV, take stake in startup

Fisker Inc, which is going public through a merger with a so-called blank check company, said on Thursday auto supplier Magna International Inc will supply the vehicle platform and build the electric carmaker’s Ocean SUV. As part of the deal, Magna will receive warrants to purchase a stake of up to 6% in Fisker, worth about $3 billion, Fisker Chief Executive Henrik Fisker told Reuters. Fisker, which is merging with Spartan Energy Acquisition Corp , said it had finalized a deal with Canada’s Magna to build the Ocean in Europe, marking the Canadian supplier’s first entry into …read more […]

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Ballard Sells UAV Business to Honeywell

* Companies agree to future collaboration VANCOUVER, BC, and SOUTHBOROUGH, MA, Oct. 15, 2020 /CNW/ – Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that it has sold the Unmanned Aerial Vehicle (UAV) business assets of its subsidiary located in Southborough, Massachusetts to Honeywell International (“Honeywell”; www. …read more […]

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Nokia's COVID detection system automatically scans for temperature, mask

Nokia has created an automated system that uses a thermal camera and real-time video analytics to determine if a person has COVID-19 symptoms and is wearing a mask, part of efforts to protect employees as they return to work. The Finnish company has been using the system in its factory in Chennai, India, for two months and has screened more than 200,000 people in that facility. The system detects whether a person has a high temperature or is not wearing their face-mask and alerts the operation centre, the head of Analytics and IoT for Nokia, Amit Shah, told …read more […]

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How Will Your Stocks “Measure Up” This Season?

It’s earnings season.
If you’ve tuned in to the financial press, you’ve surely heard the term.
Around our place that means a couple of things… a couple of very different things.
When we have our investing hat on, of course, the flurries of profit reports from Wall Street keep us busy. They tell us whether our forecasts were right.
Lots of money is made as forecasts become reality.
But there’s another type of earnings season around here…
This one you may not know all that much about (we’re odd that way), but it’s just as important. And, once again, big money is on the line.
You see, …read more […]

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B2Gold Reports Quarterly Gold Production of 263,813 Oz and Record Quarterly Revenue of $487 M for Q3 2020; On Track to Meet Annual Production Guidance of 1,000,000 to 1,055,000 Oz

VANCOUVER, BC, October 15, 2020 /CNW/ – B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce its gold production and gold revenue for the third quarter and first nine months of 2020. …read more […]

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Exclusive: U.S. offers tariff truce if Airbus repays billions in aid – sources

The offer was made by U.S. Trade Representative (USTR) Robert Lighthizer days before the World Trade Organization’s (WTO) release on Tuesday of a report authorising Brussels to slap counter-tariffs on U.S goods over subsidies to planemaker Boeing, the sources said. Lighthizer’s proposal, however, is unlikely to win support from the EU, which appears set to ask the WTO at an Oct. 26 meeting to endorse $4 billion in EU tariffs on U.S. goods. …read more […]

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Stocks Decline on Earnings, Fading Stimulus Hopes: Markets Wrap

(Bloomberg) — Stocks slid Europe while U.S. futures dropped more modestly on Thursday after corporate earnings failed to re-ignite rallies and prospects wilted for new stimulus from Washington before the November election. The dollar rose with Treasuries.The Stoxx Europe 600 Index quickly headed toward its biggest drop in three weeks. Roche Holding slipped after quarterly sales fell short of estimates. Oil producer Total SE dropped after reporting its European refining margin ebbed. The drop in U.S. index futures signaled U.S. equities may fall for a third session. That’s unless earnings from Morgan Stanley and Charles Schwab later on Thursday manage …read more […]