Year: 2020

It might seem a little incongruous to suggest Roku (ROKU) could be this decade’s Netflix. However, following a breakout year, the claim might not be such an outlandish one to make. Netflix was the 2010s’ most successful stock, and similarly disruptive. So, could Roku have the same impact in the 2020s?Roku’s share price rose by 349% in 2019, bolstered by a series of earnings reports that beat the Street’s estimates. While investors are surely happy with such mighty returns, the big question is whether now is really the time to invest in the streaming player company.According to some on the …read more […]

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Tesla Inc. may be the single largest beneficiary of a provision tucked into the trade deal between the U.S. and China.As part of the accord signed Wednesday, China will import more energy storage systems and parts from the U.S. this year and next. Tesla’s Gigafactory in Nevada is by far the largest battery plant in the U.S., representing 42% of nationwide production, according to data from BloombergNEF. No other manufacturer in America comes close to its capacity.While most of Tesla’s …read more […]

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. China agreed to buy $52.4 billion of additional U.S. energy products as part of a landmark trade deal signed by the world’s two top economic superpowers.The purchases over two years will include liquefied natural gas, crude oil, refined products and coal, the U.S. government said Wednesday in Washington. It didn’t provide additional details on the energy purchases, which comprise about a quarter of the $200 billion total of extra imports that China has committed to.The accord is a promising sign …read more […]

Artificial intelligence (AI) is quickly finding its way into every industry and sector.
Today’s supercomputing semiconductor chips can execute thousands of calculations at once. And they do it at speeds of billions of times per second.
This means energy, engineering, finance, healthcare, manufacturing, telecommunications and transportation are all benefitting in some form from AI.
In 2017, the global AI market was worth $126 billion. But by 2024, the AI market could hit more than $3 trillion.
That’s a compound annual growth rate (CAGR) of 36.1%! And the kind of investment I’m constantly on the lookout for.
AI’s ability to use machine learning is nothing short …read more […]

Mortgage applications are skyrocketing as Americans rush to take advantage of low rates. …read more […]