Bounce back in the worth session in more than a month pete, i began with you he said the top of the market was on september 2nd, that the bubble has already popped. Were now in the midst of an enormous tech bubble ipo mania, extraordinary valuations and new metrics for valuation, the more fanciful an distant, it seeps the better the stocks performs. Is he right . Are we in the midst of an enormous text bubble, pete i think we are in the midst of certain sections of text that are definitely in a bubble right now, scott theres no doubt about that. We look at some of these names that have absolutely soared to the up side. We all know those names. Zoom would be the poster child you go across the board and say theyre in the right place at the right time but are they fairly priced or are they a little bit in that bubble area i think many of them are but right now, scott, its about growth and there has been growth and cash and last week we heard wre rick riether last friday and youre looking
Asked what they thought of todays news so i quit my job and i went about as far away as i could go and i moved to the country of cambodia and i spent a year and a half there reporting on events there and it was amazing. The country was emergingfor 30 years in the civil war and genocide. 24 people died of starvation and disease and what struck me while i was there was the human resilience. It was very noble experience. A lot of information, but just seeing peoples lives and how they bounce back, it changed the way i looked at journalism and what i wanted to do and when i came back, i wanted to write more about the theme of human resilience and i found in the United States one of the most exciting stories of human resilience are being written by technology and thats really what my book is about. Its a book about bioengineering im sure youve heard about and you know, i guess my presentation is less datadriven than some of this stuff but when i tried to do was put some of these things we a
Down by now when hundred 12 points. We continue to fall. Again, it all comes back to earnings. That is what people are paying attention to and what stocks are moving on today. Qualcomm beating estimates. More progress in its chinese business. Raising sales and profit forecast for the full year and bio gender placing its ceo. Flipside, intel shares falling after that Company Continues to struggle with waning pc demand. Earnings per share missing estimates for the first time in five years. It is now facing the challenge. F how to raise fares and union pacific, less demand for moving stuff around the country. That companys earnings suffering. And industrials are the worst performing groups today. That includes things like union pacific. M a has been a big theme also. On the been a busy day corporate front. An acquisition from a japanese company, the secondlargest in secondlargest. That is 1. 5 3 billion, 30 two dollars a share. Those shares surging on a large premium. Butpandora has turne
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January 27, 2021
Clockwise, from top left: Laura Lane, UPS; Darnell Grisby, TransForm; Guy Grainger, JLL, Boma Brown-West, EDF; Miriam Nelson, Newman s Own Foundation; Asheen Phansey, Circular Fashion Group; Clare Shine, University of Cambridge Institute for Sustainability Leadership; Janelle Heslop, Amgen. Middle row from left: Claire Bergkamp, Textile Exchange; Steve Quarles, AWEA; Elliott Rodgers, Ulta Beauty; Maribel Bostic, SunPower; Dana Worth, Plenty.
You dared to dream that some of the upheaval of 2020 would let up at the New Year s stroke of midnight? The speeds and feeds of 2021 already have left us winded. That means accelerating need for sustainability professionals to step up. Plenty of people in this space have spruced up their LinkedIn pages and changed roles in recent months. There s noted activity in the sustainable apparel space, and boards are getting more intentional about inclusivity.