With the Pandemic, Thermal Imaging Demand is Soaring
Without a pandemic vaccine in hand, companies, airports, schools, and hospitals are turning to temperature scanning technology, such as infrared thermal cameras, in an effort to help reduce the spread of the virus. “Thermal imaging and sensing technology will certainly be among the lines of defense against the virus, according to market research firm Yole […]
The White House is Strongly Supporting the Growth of Telehealth
The Trump Administration is asking private insurers to expand telehealth benefits to its members. In fact, at a virtual “Roundtable Discussion on Embracing Technology and Telehealth,” the White House launched the Pledge to Embrace Technology to Advance America’s Health to assure people that “telehealth is here to stay,” according to a White House release. In […]
Here’s Why Microgrid Demand Will Only Increase
Microgrid stocks, like CleanSpark (CLSK) are gaining attention with heat and blackouts hitting California. For one, utilities are realizing they can’t guarantee energy supply to their customers, especially in vulnerable areas. Two, power outages are becoming commonplace with wildfires, storms, earthquakes, and other natural disasters across the U.S. Three, as the latest virus pandemic wreaks […]
This is Why Eastman Kodak Just Plunged 30%
Eastman Kodak (KODK) plunged 30% after a $765 million loan from the U.S. government to help make drug ingredients was put on hold. Regulators are also looking into allegations of insider trading. “Recent allegations of wrongdoing raise serious concerns,” the US International Development Finance Corporation said. “We will not proceed any further unless these allegations […]
Microsoft in Talks to Buy TikTok After Meeting with President Trump
There’s a chance Microsoft could buy TikTok. While talks between the two hit a snag after President Trump said he had plans to ban TikTok in the U.S., a possible deal may be back on the table. All after Microsoft CEO Satya Nadella spoke to President Trump. “Microsoft fully appreciates the importance of addressing the […]
Why Gold Could Hit $3,000 this Year
Gold could hit $2,000, even $3,000 this year. At the moment, the metal is up to $1,941 after gaining $40 on the day. From here, we could see $2,000, says Goldman Sachs. Meanwhile, analysts at Citi say gold, “is expected to climb to an all-time high in the next six-to-nine months, and there’s a 30% […]
This is Why Moderna (MRNA) Was Just Downgraded
Just this morning, Moderna (MRNA) was downgraded by JP Morgan on valuation concerns. In fact, analyst Cory Kasimov said that while he is bullish on the stock, MRNA can no longer support the stock’s valuation. On that news, MRNA fell $10. However, the pullback may not last long thanks to strong COVID-19 study results. Remember, […]
Semiconductor M&A: This May be the Biggest Deal of 2020
Semiconductor company Analog Devices (ADI) is reportedly in talks to acquire Maxim Integrated (MXIM) for about $20 billion, says The Wall Street Journal, which added this could be the biggest U.S. merger of the year. “There has been a flurry of activity in the semiconductor industry as chip makers seek scale and expand their product […]
Chesapeake Energy Files for Bankruptcy Protection
Chesapeake Energy (CHK) filed for bankruptcy protection. Rocked by $7 billion in debt, and a drop in oil and gas prices, the news comes as no shock. As recently as May 2020, the company had concerns regarding its long-term viability. The company just said $7 billion in debt will be wiped out through restructuring, as […]
CBD Demand Creating a $24 Billion Investment Opportunity
The CBD boom has just gotten under way. U.S. sales reached $4.2 billion in 2019, a 562% increase year over year, according to the Brightfield Group. At current pace, sales could reach $24 billion just in the next three years. “The bulk of this growth is coming from large retailers like CVS, Walgreens, and Kroger […]