We began 2020 with a lot of optimism, especially when it came to the IPO market. There were several highly anticipated IPOs at the beginning of the year and one of those was Airbnb’s.
There’s a new growing trend in the cannabis market and it is cannabis-infused beverages. And some of America’s most popular brewery and alcohol companies like Molson Coors (NYSE: TAP), Pabst Blue Ribbon, and Anheuser-Busch InBev (NYSE: BUD) are investing and partnering with cannabis companies to create cannabis-infused beverages of their own to stay ahead of the growing demand and trends surrounding the prosperous cannabis market.
Asana, the software project management company will begin trading on the NYSE today, Wednesday, September 30. A public debut by the company has been highly anticipated and now it has arrived.
Meat-eaters and non-meat-eaters launched a plant-based revolution last year. In 2019, the market for plant-based meat in the U.S. hit $5 billion. That revolution was due, in part, to the company Beyond Meat (NASDAQ: BYND).
Contactless payments have gained more and more traction since the COVID-19 pandemic hit the world. This explains why fintech companies are going full force to invest resources into developing new contactless solutions that will protect consumers and businesses while also ensuring efficiency and business continuity.
The video-conferencing company Zoom Video Communications (NASDAQ: ZM) continues to stand out after becoming a staple in many people’s everyday lives when the coronavirus pandemic hit. And the proof is in the numbers — early this week, the company reported a revenue increase of 355%.
American Airlines (NASDAQ: AAL) said it plans on laying off or involuntarily furloughing 19,000 of its employees as of October 1. This plan could change as long as the airline is able to receive assistance from Congress.
The next big revolution is already here. The artificial intelligence revolution is here and is expected to grow at a CAGR of 42.2% in the next seven years. It’s already bringing major innovations to some of the biggest industries like agriculture.
The Trump administration wants to ban the social media app TikTok over allegations the app poses a national security threat. Since then, there has been talk of Microsoft (NASDAQ: MSFT) purchasing the app from its Chinese parent company, ByteDance.