Week 12/07/2020 - 12/13/2020

Monday Dec. 7th, 2020
  • Uber announced it’s gonna sell the Acvanced Technologies Group to Aurora Innovations.
  • Bob Dylan sold his entire catalog of more than 600+ songs, which is worth more than $300 million, to the Universal Music Publishing Group,
  • Ikea decided to stop its furniture catalog after 70 years.
  • Kodak shares rose 60% after the government reportedly found no wrongdoing with its $765 million loan to make drug ingredients.
Tuesday Dec. 8th, 2020
  • Keenan became the first person outside of a clinical trial to receive Pfizer-BioNTech’s coronavirus vaccine. UK became the first Western country to start rolling out a covid-19 vaccine.
  • Apple unveiled its first over-ear headphones, AirPods Max which is worth $549.
  • Tesla announced a $5 billion share sale. Elon Musk announced that he’s going to move to Texas from California.
  • Meditation app Calm raised $75 million at a valuation of more than $2 billion.
Wednesday Dec. 9th, 2020
  • More than 3000 people died from the coronavirus just today.
  • Brexit deal is still being negotiated by EU and UK officials. They set a deadline for Sunday.
  • U.S. government decided to distribute 2.9 million covid-19 doses after Pfizer’s vaccine gets approved by FDA.
  • The Federal Trade Commission and 48 states and territories filed two separate lawsuits against Facebook for widespread antitrust violations.
  • DoorDash shares soared 85% from their IPO on the first day trading on the NYSE.
  • Cyberpunk 2077, a videogame, is going on sale today. The WSJ forecasts Cyberpunk 2077 will sell between 18 million to 25 million copies in its first month.
Thursday Dec. 10th, 2020
  • FDA panel recommended the approval of Pfizer and BioNTech’s covid-19 vaccine.
  • DoorDash’s IPO was priced at $102 a share, by the time it hit the NYSE, they were trading at $182. Airbnb’s IPO was priced at $68 but it opened on Nasdaq at $146.
  • Starbucks stock soars to an all-time high on the Return of the Routine.
  • Disney’s stock hit an all-time high on news that Disney+ has 86.8 million subscribers.
  • Joe Biden will name Susan Rice, a former national security adviser, to lead the Domestic Policy Council.
  • Lululemon’s last quarter sales jumped 22% from a year ago.
Friday Dec. 11th, 2020
  • The Senate passed a temporary funding bill that’ll expire next Friday. Lawmakers will try to strike a covid-19 relief deal before next Friday.
  • NYC will halt indoor dining on Monday because of higher Covid-19 rates.