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Afternoon Coffee: Semiconductor executive order; Upwork, Tipalti positive - Vimarsana News

Afternoon Coffee: Semiconductor executive order; Upwork, Tipalti positive

Adobe Stock President Joe Biden is set to sign an executive order Wednesday afternoon that will address the global semiconductor shortage, which is forcing US automakers and other manufacturers to cut production, according to Reuters. Administration officials said the executive order will launch a 100-day review of supply chains for four products: semiconductor chips, large-capacity batteries for electric vehicles, rare earth minerals and pharmaceuticals. The order will also direct six sector reviews in areas of defense, public health, communications technology, transportation, ener...

Upwork (UPWK) Inc. Benefited Massively from the Work From Home Set-Up, Gained 370% in 12 Months - Vimarsana News

Upwork (UPWK) Inc. Benefited Massively from the Work From Home Set-Up, Gained 370% in 12 Months

Upwork (UPWK) Inc. Benefited Massively from the Work From Home Set-Up, Gained 370% in 12 Months Spree Capital Advisers, a long biased investment firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 38.38% was recorded by the fund for the calendar year of 2020, above its S&P 500 benchmark that returned 18.40%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021. Spree Capital Advisers, in their Q4 2020 Investor Letter said that they were able to maintain a bullish insight for Upwork Inc. (NASDAQ: UPWK),...