TOP 5 STOCKS TO WATCHOUT:-
1. #FACEBOOK-Facebook has taken down content that spread lies in Israel against coronavirus vaccinations as the government seeks to drum up support for the programme, the Justice Ministry said on Sunday.
Prime Minister Benjamin Netanyahu on Saturday became the first person to be vaccinated in Israel. Opinion polls show some two-thirds of the public want to follow suit.
The Justice Ministry said that, at its request, Facebook took down four groups at the weekend that had disseminated texts, photographs and videos with "deliberately mendacious content designed to mislead about coronavirus vaccines".
2. #HUAWEI-Huawei Chief Financial Officer Meng Wanzhou's alleged actions had "no genuine connection" to the United States, her lawyers have argued in their latest bid to end her extradition from Canada, according to court documents released on Friday.
Meng, 48, was arrested two years ago at the Vancouver airport by Canadian police on an arrest warrant from the United States, where she is charged with bank and wire fraud for allegedly misleading HSBC about Huawei Tech Co Ltd's business dealings in Iran.
She has claimed innocence and is fighting the extradition while under house arrest in Vancouver. Witness testimony wrapped up earlier this week in her case.
Her lawyers have fought to add an additional allegation of abuse of process to the case, claiming that the United States misrepresented Meng's actions to Canada in its request for her extradition, and that her actions did not cause HSBC to violate U.S. sanctions against Iran.
3.#SOFT BANK :- The U.S. unit of SoftBank-backed robotics startup CloudMinds has changed its name to distance itself from the blacklisted China-based firm, two people with knowledge of the matter said, and is selling face-scanning temperature monitors through T-Mobile US.
The unit is selling its cloud-connected products under the new name at a time of heightened concern in the United States about the national security risk of Chinese firms collecting and using the personal data of U.S. citizens.
Documents filed in California showed the unit became Wright Robotics in August, after the United States in May added CloudMinds to its so-called Entity List citing the risk of the firm procuring items and technology for China's military.
The United States can restrict sales to blacklisted firms of goods made domestically as well as goods made abroad containing U.S. technology.
It expanded the definition of military end-use in April to include any firm that supported the maintenance or production of military items even if they primarily did commercial business.
4. #TESLA :-Tesla Inc and Wall Street made 2020 the year that the U.S. auto industry decided to go electric.
Tesla's market capitalization surged above $600 billion, making the once wobbly startup founded by billionaire Elon Musk worth more than the five top-selling global vehicle making groups combined. The exclamation point came on Friday when Tesla rose to a record high in frantic trading ahead of the stock's much-anticipated entrance into the benchmark S&P 500 INDEX..
For 2021, all signs point toward the industry accelerating its shift toward electrification, a turning point as historically momentous as the launch of Ford Motor Co's moving assembly line for the Model T or General Motors 2009 bankruptcy.
5. #AMAZON:-The New Delhi High Court on Monday dismissed India's Future Retail's plea that sought to restrain its partner Amazon.com Inc from interfering in its $3.4 billion asset sale deal with Reliance Industries.
Amazon is locked in a bitter legal dispute with Future Group, which in August sold its retail assets to Mukesh Ambani-led #Reliance Industries. The deal breaches agreements made in 2019 by Future, according to the U.S. online retailer.
In October, Amazon had won an injunction to halt Future's deal with Reliance from a Singapore arbitrator both sides had agreed to use in case of disputes.
Future later said the order was not binding, prompting Amazon to lodge a complaint with India's market regulator
1. #FACEBOOK-Facebook has taken down content that spread lies in Israel against coronavirus vaccinations as the government seeks to drum up support for the programme, the Justice Ministry said on Sunday.
Prime Minister Benjamin Netanyahu on Saturday became the first person to be vaccinated in Israel. Opinion polls show some two-thirds of the public want to follow suit.
The Justice Ministry said that, at its request, Facebook took down four groups at the weekend that had disseminated texts, photographs and videos with "deliberately mendacious content designed to mislead about coronavirus vaccines".
2. #HUAWEI-Huawei Chief Financial Officer Meng Wanzhou's alleged actions had "no genuine connection" to the United States, her lawyers have argued in their latest bid to end her extradition from Canada, according to court documents released on Friday.
Meng, 48, was arrested two years ago at the Vancouver airport by Canadian police on an arrest warrant from the United States, where she is charged with bank and wire fraud for allegedly misleading HSBC about Huawei Tech Co Ltd's business dealings in Iran.
She has claimed innocence and is fighting the extradition while under house arrest in Vancouver. Witness testimony wrapped up earlier this week in her case.
Her lawyers have fought to add an additional allegation of abuse of process to the case, claiming that the United States misrepresented Meng's actions to Canada in its request for her extradition, and that her actions did not cause HSBC to violate U.S. sanctions against Iran.
3.#SOFT BANK :- The U.S. unit of SoftBank-backed robotics startup CloudMinds has changed its name to distance itself from the blacklisted China-based firm, two people with knowledge of the matter said, and is selling face-scanning temperature monitors through T-Mobile US.
The unit is selling its cloud-connected products under the new name at a time of heightened concern in the United States about the national security risk of Chinese firms collecting and using the personal data of U.S. citizens.
Documents filed in California showed the unit became Wright Robotics in August, after the United States in May added CloudMinds to its so-called Entity List citing the risk of the firm procuring items and technology for China's military.
The United States can restrict sales to blacklisted firms of goods made domestically as well as goods made abroad containing U.S. technology.
It expanded the definition of military end-use in April to include any firm that supported the maintenance or production of military items even if they primarily did commercial business.
4. #TESLA :-Tesla Inc and Wall Street made 2020 the year that the U.S. auto industry decided to go electric.
Tesla's market capitalization surged above $600 billion, making the once wobbly startup founded by billionaire Elon Musk worth more than the five top-selling global vehicle making groups combined. The exclamation point came on Friday when Tesla rose to a record high in frantic trading ahead of the stock's much-anticipated entrance into the benchmark S&P 500 INDEX..
For 2021, all signs point toward the industry accelerating its shift toward electrification, a turning point as historically momentous as the launch of Ford Motor Co's moving assembly line for the Model T or General Motors 2009 bankruptcy.
5. #AMAZON:-The New Delhi High Court on Monday dismissed India's Future Retail's plea that sought to restrain its partner Amazon.com Inc from interfering in its $3.4 billion asset sale deal with Reliance Industries.
Amazon is locked in a bitter legal dispute with Future Group, which in August sold its retail assets to Mukesh Ambani-led #Reliance Industries. The deal breaches agreements made in 2019 by Future, according to the U.S. online retailer.
In October, Amazon had won an injunction to halt Future's deal with Reliance from a Singapore arbitrator both sides had agreed to use in case of disputes.
Future later said the order was not binding, prompting Amazon to lodge a complaint with India's market regulator
December 21, 2020