Firms from the EV, entertainment, and at-home fitness sectors post quarterly results this week. While issues of inflation and supply chain issues affect the economy as a whole, Rivian, Li Auto, Disney, and Peloton’s fortunes are highly divergent.
The past year has offered traders more than a few unexpected opportunities and unforeseen pitfalls as the world continues to grapple with the COVID-19 virus.
Investors baulked at Zoom Video Communications by selling off the stock, despite the company registering a $1 billion record-breaking revenue. What were their reasons?
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