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May 17, 2021
America is in a lumber frenzy, and its not abating anytime soon.ย Even though prices fell for six straight days in mid-May, Markets Insiders Will Daniel reported they were still up more than 85% year-to-date and 280% in the last 12 months. The lumber industry is struggling to ramp up supply as exploding demand is clashing with limited production, resulting in high price tags and an overall shortage.ย The thing is, you need lumber to build new houses, and Americans really want new houses right...
January 28, 2021
Colorado Students Return to Class Amid Optimism and Anxiety Educators, who likely wont get vaccines until March, worry about catching the deadly virus. Many parents, excited that their kids will get to see teachers and friends, are nervous classes could move online again. by Tiney Ricciardi, The Denver Post / January 27, 2021 TNS (TNS) -ย Jan. 27โMidway through the 2020-2021 academic year, uncertainty about COVID-19 and its impact on sch...
January 20, 2021
. Paccar shares were up as much as 3% on Wednesday morning after the semi-truck manufacturer announced a strategic partnership with the Amazon-backed autonomous driving start-up Aurora. The two companies are looking to combine their respective expertise to develop, test, and sell semi-trucks powered by Auroras autonomous-driving technology. "Paccar looks forward to partnering with Aurora because of their industry-leading autonomous driving technology and impressive team," Preston Feight, Paccar...
January 13, 2021
VMware saw its shares slip over 7% on Wednesday amid news CEO Pat Gelsinger is headed to Intel. CFO Zane Rowe will step into the interim CEO role.
January 12, 2021
Proterra Chamath Palihapitiya said Tuesday that his "biggest investment in climate change" is in commercial EV manufacturer Proterra, which is set to merge with blank-check firm ArcLight Clean Transition Corp.ย Palihapitiya noted Proterras first-mover advantage, revenue growth, and a runway of orders and backlogs as part of his reasoning for the investment. "This transaction enables Proterra to take the next step towards our mission of advancing EV technology to d...
January 12, 2021
SoftBank announced that it had sold $2 billion in Uber stock at an average price of $53.46 per share on January 7.
January 11, 2021
Intercontinental Exchanges Bakkt is set to go public via merger with SPAC VPC Impact Acquisition Holdings. In a CNBC interview, CEO Gavin Michael said that the company hopes to empower customers to "use their digital assets for everyday spending." Bakkt Holdings, Inc. will have an enterprise value of over $2 billion and expects to launch its flagship app in March. The company has partnered with the likes of Chase, JetBlue, American Express, and Chipotle. Intercontinental Exchange, Inc. and VPC ...
January 7, 2021
Cobra Kai Season 4: What We Know and What to Expect Cobra Kai Season 4: What We Know and What to Expect Cobra Kai season 4 release date and everything that might or might not happen in the hit Netflix series. With Cobra Kai Season 3 hot off the presses its only natural to start pontificating on where this show will go next. Will Daniel and Johnnys alliance hold up? Will Hawk steer clear of Cobra Kai? Who is Kreese going to be bring in to help him? The questions are endless and literally could ...