Month: December 2020

Dow Jones Futures: Stock Market Rally Caps 2020 As Tesla, Nio Extend Gains; Five Stocks Enter Buy Zones

Dow Jones futures were little changed Thursday morning, along with S&P 500 futures and Nasdaq futures, signaling slim gains to finish off an amazing 2020.


The stock market rally had a quietly strong Wednesday, even though the major indexes closed with slim gains. There were several breakouts, while EV stocks such as Nio (Nio) and Tesla (Tesla) powered higher, and small caps and growth names outperformed overall. Meanwhile, Bitcoin surged yet again to a fresh high.

Tesla and Nio stock continued to climb early Thursday, both boosted by analyst comments.

In Wednesday’s session, Visa (

Core industries’ output snaps recovery, worsens in November 2020; these areas hit most

The production of crude oil fell 4.9 per cent, natural gas fell 9.3 per cent, refinery products fell 4.8 per cent, steel by 4.4 per cent, and cement fell 7.1 per cent in November 2020,

The output of India’s core industries deteriorated once again in November, after recovering till September 2020. The infrastructure output had shrunk by 37.9 per cent in April, after which it gradually recovered to a contraction of a mere 0.1 per cent in October. However, in the last two months, the contraction once again widened at 0.9 per cent in October and 2.6 per cent in

Consumer spending on apps set new record on Christmas, Chinese apps ruled the roost

After gaming, entertainment apps made the most of 2020. (Reuters Image)

Worldwide spending on mobile apps has grown by 34.5 per cent on Christmas this year at $407.6 million as compared to the last year. This year the consumer expenses reached $407.6 at Google and Apple stores on Christmas alone. Tencent’s Honor of Kings emerged as the mobile game on which users spent the most. TikTok also had a fair contribution to the total spending on apps.

Global apps spending grew by 17.7 per cent compared to the growth experienced in 2019 as per app analyst Sensor Tower’s report. Mobile

PINS Stock: Is It A Buy Now? Here’s What Earnings, Pinterest Stock Chart Show

Pinterest (PINS) catapulted to stratospheric heights after it reported third-quarter earnings that smashed expectations. Now, thanks to a rebound in advertising, is PINS stock a buy?


The company was founded in 2010 by Ben Silbermann, a former employee of Alphabet‘s (GOOGL) Google unit. He was joined by former Facebook (FB) product designer Evan Sharp.

They created an internet application where users can browse millions of images posted by Pinterest users.

Pinterest is not a social media experience like Facebook, Snap (SNAP) and Twitter (TWTR). It’s considered more of

Role of agriculture in 2020 will be remembered; how businesses, firms performed amid pandemic

The industrial production had almost come to a standstill in the months of April and May.

The coronavirus pandemic made the year 2020 unforgettable as it shook all the pillars of the economy and left almost all sectors in despair, at least during the early months. Now, as the eventful year is coming to an end, it is interesting to look back at different economic areas as to how those performed. Undoubtedly, the agriculture sector held the baton of economic growth while other sectors were trying to touch the breakeven. Even now, the farm sector is expected to significantly help

Celebrate New Year’s Eve with Google! Company invites India users for YouTube virtual party

Users can also access the virtual party by directly going to YouTube and searching for ‘Hello 2021 India’.

Google has planned a virtual New Year’s eve party and is inviting Indian users to join YouTube on December 31. The virtual New Year’s celebration is called ‘Hello 2021 India’ and the event is set to premiere at 11pm IST on December 31 on YouTube. The virtual celebration will feature performances from celebrities including rapper Badshah, actor Tiger Shroff, and singer Jonita Gandhi. The celebrations will be hosted by comedian Zakir Khan.

Users in India can attend the New Year’s Eve virtual

The Stock Market Could Still Crash Into a Bear Market. Here’s When to Worry.

The consensus view in the investing world right now is that the Federal Reserve has its foot so firmly on the economic gas pedal that stocks can’t fall. But bear markets can coincide with monetary stimulus, so investors should be aware of what might mark the start of one.

There is no question that the Fed is trying hard to help the economy weather the coronavirus crisis. The central bank said in late March that it would provide as much stimulus as needed to achieve that.

It is now buying tens of billions of dollars of Treasury debt monthly to

Centre releases 9th instalment of GST compensation payment

“The remaining 5 states, Arunachal Pradesh, Manipur, Mizoram, Nagaland and Sikkim do not have a gap in revenue on account of GST implementation,” the government said.

The Central government has released the ninth instalment of Rs 6,000 crore GST compensation payment to the states. The states and union territories have so far received Rs 54,000 crore of the `1.1 lakh crore to be disbursed by the Centre this fiscal.

The central government borrows the funds under a special window and passes it on to states in back-to-back loan arrangement. The interest rate for the latest loan instalment was 5.15{c34e2c9cd63a11c97fab811dbaaefe0cfbb1edd2527888e1a44d36f3491ee811} while

LG brings Mini LED tech to its premium LCDs with new QNED TV range; details

LG to launch QNED TV in 2021 (LG)

LG is adopting Mini LED technology for its premium LCD televisions, both 8K and 4K, in the new year. The electronics giant known for its OLED TVs will announce what to expect from its LCD-based TVs in 2021 at CES.

Mini LED technology uses much smaller and more LEDs for a better contrast, brighter picture quality against existing LCD TVs with “full-array local dimming” where LED’s serve as the backlight behind in the screen, appropriate for dark scenes to improve black levels and contrast.

In the new LCD TVs by LG its

As 2021 approaches, watch out for a Y2K-style stock-market correction, says strategist

Welcome to the last trading week of 2020, a year we can’t see the back of fast enough. Stocks are pointing higher after President Donald Trump signed that $900 billion stimulus bill, despite 11th hour demands for bigger relief checks.

With just a handful of trading days before the year finishes, our call of the day says investors need to brace for a bumpy start to 2021 if we close out the year with stock-market records.

It’s been an “unprecedented year for financial assets,” with equity markets melting down earlier this year on the COVID-19 pandemic, followed by an