Our ultimate guide to last-minute Christmas spirits, including our whiskies of the year December 21, 2020 Christmas may be ruined, but things always look better through the bottom of a bottle. If you were planning on stocking up on last-minute gifts before the big day, you may have to rethink. But the silver lining of this new lockdown means you can claw back a few days to pick up the ideal [...]
How the 2020 global share slump and recovery ranks in history December 21, 2020 Stocks saw a record crash followed by a record rebound in 2020, creating some disparity between markets, as Duncan Lamont explains. The global stock market crashed at a record speed in early 2020 (Figure 1). On its way to a total decline of 34%, it clocked up a 30% loss in just 40 trading days. [...]
Tesla shares jump to record high ahead of S&P 500 debut December 19, 2020 Tesla shares rose to a record high on Friday as investors geared up for the electric carmaker’s anticipated entrance into the S&P 500 index. The company, headed up by billionaire Elon Musk, will become the most valuable ever admitted to Wall Street’s main market on Monday, accounting for more than 1 per cent of the [...]
The City View: CMC Markets analyst Michael Hewson December 16, 2020 In the last City View podcast before Christmas, Andy Silvester talks to CMC Chief Market Analyst Michael Hewson as they look back on 2020 and dabble with predictions for 2021. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Michael looks at the possibility of a UK-EU trade deal, the prospects for the pound next year, the impact [...]
Why the new electric Polestar 2 should have Tesla worried December 16, 2020 The Polestar 2 is a cool and clever electric family car – and a direct rival for the best-selling Tesla Model 3.
What the tech happened to sport in 2020? December 16, 2020 Comparing the lack of sport with the other crises witnessed this year would be disingenuous. Still, an awful lot of people had large holes in their lives when live sport went off air in 2020. Some entities filled the gap fast, most notably motorsport, in no small part thanks to its embracing of esports. For [...]
Lending against Crypto? – A $10bn loan market emerges as 2020 comes to a close December 15, 2020 At the time of writing, the global market capitalisation of crypto assets (bitcoin, Ethereum and the like) is in excess of US$400bn. While still much smaller than other more traditional asset classes, this is considerable growth in market cap from a year ago, and yet – considering the perception of inherent volatility in crypto as [...]
EU joins UK in rolling out sweeping new fines for tech giants December 15, 2020 US tech giants could face fines of up to 10 per cent of their revenue under new draft EU rules set to be unveiled today. The regulations, the most serious attempt at reining it companies such as Amazon, Google, Facebook, and Apple yet made by the bloc, come amid intense worldwide scrutiny on the role [...]
Rebuttal December 14, 2020 XRP receives a spark Bitcoin recovered strongly over the weekend and traded through the $19,000 level, before finding resistance just ahead of the $19,500 level. In part supported by macro narrative and also rotation out of XRP. To that, XRP traded softer over the weekend, largely as expected, as the Flare Network worked out which [...]
Wolfwalkers is a charming animated film for the holiday season December 10, 2020 The festive season is usually a prime time for family movie spectaculars, and Apple’s streaming service is offering the highly anticipated new film Wolfwalkers from Cartoon Saloon, the company behind Song of The Sea (2014) and The Breadwinner (2017). Wolfwalkers is an animated fantasy set in 17th Century Ireland, in a city occupied the English [...]