Archive for the ‘Finance’ Category:

2020-10-14 $5 Trillion Asset Owners Commit to 29% Reduction in GHGs

This is very good news. The $5 trillion asset owners are committing to divest of 29% of greenhouse gas polluters. The pressure is on corporations that don’t make changes to reduce their carbon footprint. https://amp.theguardian.com/environment/2020/oct/13/top-asset-managers-commit-to-big-carbon-emissions-cuts

2020-09-11 Nikola Fraud Investigation

This doesn’t look good. GM just agreed to exchange $2 Billion of Nikola stock for services rendered in making the Badger (truck) EV. Hindenberg claims Nikola is a scam https://www.businesswire.com/news/home/20200910005912/en/Law-Offices-Frank-R.-Cruz-Announces-Investigation Nikola fights back. https://mobile.reuters.com/article/amp/idUSKBN2621WR

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2020-09-01 Disruptive Innovation – Ark Invest

The ARK Invest website explains this well, and Cathie Wood, the chief investor, explains it in her YouTube video. Cathie is a believer that Tesla is undervalued. https://ark-invest.com/strategy/ark-disruptive-innovation/

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