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Lidar stocks extend 2-day pop to more than 30% on report that Apple is building its own car

» Lidar stocks extend 2-day pop to more than 30% on report that Apple is building its own car Lidar stocks extend 2-day pop to more than 30% on report that Apple is building its own car Matthew FoxDec 22, 2020, 20:33 IST Apple lidar sensors, extended their two-day surges to more than 30% following a Reuters report that Apple is building its own electric car. Lidar sensors are a key component for self-driving cars, as they allow the car to see a 3D image of their surroundings and navigate the environment accordingly. Though Velodyne and Luminar have not been named, Apple is using outside partners for its self-driving system that is under development, including lidar sensors, according to the report.

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US futures trade mixed after House passes $900 billion stimulus plan, while European stocks recover losses from virus strain

» US futures trade mixed after House passes $900 billion stimulus plan, while European stocks recover losses from virus strain US futures trade mixed after House passes $900 billion stimulus plan, while European stocks recover losses from virus strain Shalini NagarajanDec 22, 2020, 15:49 IST Johannes EISELE /AFP/Getty Images US stocks traded mixed after the $900 billion stimulus bill was passed in Congress, and European stocks recovered losses caused by a new coronavirus strain. The emergence of the relief package along with a government funding bill proved just too juicy a morsel for the dip-buying FOMO herd to ignore, a market analyst said. Restrictions designed to curb the spread of a more transmissible variant of the virus from the UK led to fresh travel bans, hitting stocks in both US and Europe on Monday.

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Ripple faces a SEC lawsuit for breaking investor-protection laws when selling its XRP cryptocurrency

Brad Garlinghouse blasted the SEC s decision to sue his firm right before the holidays. Ripple has and will continue to use XRP because it is the best digital asset for payments - speed, cost, scalability and energy efficiency, he said. The lawsuit would come after years of debate about whether XRP is a security, or a cryptocurrency outside regulatory scope. Cryptocurrency firm Ripple is facing a lawsuit by the Securities and Exchange Commission for allegedly violating investor-protection laws by selling the XRP digital asset, a security the regulator considers as unlicensed. Ripple s CEO Brad Garlinghouse tweeted that the SEC is unjustifiably attacking crypto and blasted chairman Jay Clayton s decision to sue his firm right before the holidays.

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Investing strategy: Veteran Barry Norris shares strategy, short stocks

Argonaut Capital This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Barry Norris, founder and chief investment officer of Argonaut Capital, is beating 95% of his peers with his absolute return fund that leverages a long/short strategy. In an interview with Business Insider, Norris breaks down the benefits of a fund that is uncorrelated to the market. He provides his tips for shorting that have helped him spot fraudulent companies like Wirecard and NMC healthcare this year. He explains why investors should be cautious of the siren call to buy value right now. Finding companies to bet against is essentially about having a well-honed BS antenna, said Barry Norris, founder and chief investment officer at boutique investment firm Argonaut Capital.

United kingdomBarry norrisInvestment association united kingdom all companiesArgonaut capitalBusiness insiderLipper global alternativeShort equity europeஒன்றுபட்டது கிஂக்டம்பாரி நோரிஸ்முதலீடு சங்கம் ஒன்றுபட்டது கிஂக்டம் அனைத்தும் நிறுவனங்கள்ஆர்கோனாட் மூலதனம்வணிக உள்லிப்பர் உலகளாவிய மாற்றுகுறுகிய பங்கு யூரோப்

US Stocks: Short sellers got crushed in 2020 as Tesla, Moderna soared

US Stocks: Short sellers got crushed in 2020 as Tesla, Moderna soared
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