12.1.2020

World stocks outperform the U.S. in bumper November - CNBC

"Fueled by coronavirus vaccine progress on multiple fronts and continuing unprecedented support from central banks, investors have poured back into risk assets throughout much of November in the hope that an economic recovery is on the horizon."

 

Exxon Faces Historic Writedown After Energy Markets Implode - Bloomberg

"Exxon Mobil Corp. is about to incur the biggest writedown in its modern history as the giant oil and gas producer reels from this year's collapse in energy prices."

 

Traditional Auto Makers Are Getting Into EVs. Here Are Their Plans to Battle Tesla. - Barron's

"Electric vehicles appear to be taking over. Tesla is the world's most valuable auto maker, while six-year old Chinese EV maker NIO is more valuable than 112-year-old General Motors."

 

Zoom Fatigue Sets in Early - WSJ

"Another blowout earnings report and forecast can't keep up pandemic's hottest stock"