Amazon’s Bull Run To Continue

Amazon’s stock (NASDAQ
NDAQ
: AMZN)
climbed more than 11% in the last 5 trading days, adding nearly $170 billion to its market cap. To put things in perspective, the increase in Amazon’s
AMZN
market cap in a single week was more than the magnitude of market cap of most of the firms in the S&P 500 index. Needless

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PC Sales Continue Surging — And That’s Good News for Intel, AMD and Others

PC sales remain on the upswing thanks to purchases made to support remote workers and learners. And it looks as if there’s still a lot of pent-up demand going into the holiday season.

Research firm IDC estimates PC shipments rose 14.6% annually in Q3 to 81.3 million. That compares with 11.2% shipment growth in Q2, and just 2.7% growth in 2019.

Officially, Gartner estimates PC shipments rose just 3.6% to 71.4 million. However, when including Chromebook sales (counted in IDC’s official estimate), Gartner’s estimate for shipment growth rises to 9%.

Along with Chromebooks, Q3 was a strong quarter for gaming PCs and (in certain cases) notebooks with cellular modems, according to IDC. On the flip side, desktop demand was said to be weak in the U.S. and EMEA. Desktop PC sales depend heavily on purchases made to support corporate offices, many of which are of course empty right now.

Demand

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Hong Kong IPO Boom Set to Continue, Led by Technology Companies

(Bloomberg) — Hong Kong’s boom in initial public offerings is set to be prolonged as companies given a boost by the pandemic outbreak follow China’s technology giants in selling shares, the bourse’s head of listings said.



a person sitting on a bench in front of a body of water: Views of Hong Kong as China Law to Establish 'Red Lines' for the City, Adviser Says


© Bloomberg
Views of Hong Kong as China Law to Establish ‘Red Lines’ for the City, Adviser Says

Companies from the technology and biotechnology sectors could continue to fill the IPO pipeline in the near future as Covid-19 has boosted investments in research and development, Hong Kong Exchanges & Clearing Ltd.’s Head of Listing Bonnie Chan said in an interview on Friday.

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“We thought 2020 would be a disappointment, but it has turned out to be a busy year,” Chan, 50, said. “I believe the IPO rush will continue.”

Hong Kong this year has seen a rush of listings from Chinese companies including JD.com Inc. and Netease Inc., which are selling shares

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Will Tesla Continue To See Demand Or Is Another Price Cut On The Way?

Over the last year, Tesla (TSLA) has been on a fast ride. Its stock has soared more than 400% in 2020, and its delivery schedule has beaten the estimates of Wall Street. But some analysts are concerned that the electric carmaker may be running out of road.

In Q3 2020, Tesla delivered 139,300 vehicles, up from analyst expectations of 136,350, CNBC reported. While Tesla is on course to hit its goal of 500,000 vehicle deliveries for the year, some are wondering if demand for the electric cars will continue.

Joseph Spak, an analyst at RBC Capital, told Market Watch, “We do believe there could be some supply constraint, but bears may also point to some potential demand concerns. Some of the early data we’ve seen in Europe suggests sales may be softer than we expected, and we continue to believe Model 3 sales in the U.S. are down y/y [but

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Even After The Plot To Kidnap Gov. Whitmer, Michigan Militant Groups Continue To Thrive On Facebook

A day after the FBI disclosed that organized armed extremists coordinated on Facebook to hatch a terrorist plot to kidnap Michigan Gov. Gretchen Whitmer, multiple pages that encourage political violence were still active on the social network.

An examination by BuzzFeed News and the Tech Transparency Project, a nonpartisan watchdog group, found at least five such pages on the platform as of Friday morning. Those pages, which in some cases appear to be simply rebranded versions of previously banned organizations, use Facebook to recruit and to promote objectives that at times call for violent uprising.

Facebook announced in August that it was banning right-wing militant, anarchist, and QAnon groups after a series of violent crimes were tied to organizations that used the platform. Since then, the company has removed thousands of groups, and this week announced it had banned all accounts, pages, and groups tied to QAnon, the collective delusion

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Billionaire Chamath Palihapitiya says Tesla is still undervalued as people continue to misunderstand its ‘fundamentally disruptive’ technology

FILE PHOTO: Chamath Palihapitiya, Founder and CEO of Social Capital, presents during the 2018 Sohn Investment Conference in New York


  • Billionaire investor Chamath Palihapitiya said Tesla is “generally misvalued” as people misunderstand its business model and “fundamentally disruptive” technology. 
  • The Social Capital CEO said Tesla is “no longer about the car business” but about fundamentally disrupting utilities and providing individuals with “the ability to be energy independent.” 
  • Shares of Tesla are up over 400% year-to-date. 

Billionaire venture capitalist Chamath Palihapitiya told CNBC on Tuesday that Tesla is still undervalued as people continue to misunderstand its “fundamentally disruptive” technology and business model.

“Tesla continues to be underestimated. I think it is generally misvalued and I think the people that are trying to compete with them are not the people they are competing with,” the Social Capital CEO said. 

Shares of Tesla are up over 400% year-to-date. The electric

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Google Pixel 5 Will Continue To Cause Problems For Apple, Samsung

As the competition perfects its next generation technology and makes breakthroughs in material science, it’s not hard to feel like Google’s hardware is a bit behind the rest.

Apple’s LiDAR technology gives us a glimpse into the future of home automation and Samsung has turned stiff smartphones into malleable objects, but Google is now just jumping on the wide-angle camera bandwagon. 

MORE FROM FORBESNew Samsung Phone Beats Google Price Before Pixel 5 Launch

There’s a good argument for keeping things simple and cheap considering most consumers remain resolutely focused on two smartphone features: price and battery life. Also, the flashy extras can come across as frivolous adventures for cash-rich tech companies seeking out some R&D tax breaks. 

But Google’s slightly dated approach to hardware doesn’t tell the full story. Its work in AI, which manifests

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Conagra Brands Taps into Footprint’s Materials Science to Continue Progress Towards Meeting Sustainability Goals | News

CHICAGO and GILBERT, Ariz., Sept. 29, 2020 /PRNewswire/ — Conagra Brands (NYSE: CAG) announced new products featuring bowls made from plant-based fibers for Healthy Choice Power Bowls, new Hungry-Man Double Meat Bowls and P.F. Chang’s Ramen single-serve meals. By using plant-based fibers instead of plastic, the carbon footprint of manufacturing the bowls is reduced by 50 to 70 percent1 across select product lines. The expansion will help to decrease Conagra’s carbon footprint by 34,117 metric tons, equivalent to avoiding the greenhouse gas emissions of driving around the planet 3,399 times or 84 million miles2. This progress aligns with Conagra’s January 2020 announcement that the company is striving to make 100 percent of its plastic packaging renewable, recyclable or compostable by 2025.

The plant-based fiber bowl is designed by Footprint, a sustainable materials science technology firm that designs alternative solutions to single-use plastic. Conagra initially partnered with

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Conagra Brands Taps into Footprint’s Materials Science to Continue Progress Towards Meeting Sustainability Goals

Conagra expands use of bowls made from plant-based fibers through collaborative partnerships

CHICAGO and GILBERT, Ariz., Sept. 29, 2020 /PRNewswire/ — Conagra Brands (NYSE: CAG) announced new products featuring bowls made from plant-based fibers for Healthy Choice Power Bowls, new Hungry-Man Double Meat Bowls and P.F. Chang’s Ramen single-serve meals. By using plant-based fibers instead of plastic, the carbon footprint of manufacturing the bowls is reduced by 50 to 70 percent1 across select product lines. The expansion will help to decrease Conagra’s carbon footprint by 34,117 metric tons, equivalent to avoiding the greenhouse gas emissions of driving around the planet 3,399 times or 84 million miles2. This progress aligns with Conagra’s January 2020 announcement that the company is striving to make 100 percent of its plastic packaging renewable, recyclable or compostable by 2025.

Conagra Brands, Inc., headquartered in Chicago, is one of North America's leading branded food companies. (PRNewsfoto/Conagra Brands)
Conagra Brands, Inc., headquartered in Chicago, is one of North America’s leading branded
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Longhorns plan to continue drill tackling after defensive struggles in win over Texas Tech

Here are three takeaways from Tom Herman’s appearance on Monday’s Big 12 coaches teleconference.

Tackling work starts now

Texas defensive coordinator Chris Ash’s return to Big 12 play quickly turned into a long day at the office. The Longhorn defense allowed 441 total yards in Saturday’s win over Texas Tech. Poor tackling in the second half allowed the Red Raiders to storm in front late in the fourth quarter.

Herman said that whatever number of missed tackles they had Saturday, it was too many.

“You just practice,” Herman said. “You go through all your tackling drills, you add more into your body of practice. But in 2020 it’s not like we’re going to be lining up against our offense and running full-speed scrimmages just to get better at tackling. So we’ve got to find a way to do it in drill work.”

Ash’s reintroduction to Big 12 offenses didn’t go

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