Diamonds and Dogs
9/21/20
Roku (ROKU) pretty as a peacock. Roku is up 15% as they settled a dispute with Universal by adding the Peacock app to their platform, reaching households with an estimated 100 million people. Peacock provides access to more than 20,000 hours of on-demand movies and shows, as well as live news and sports programming, from NBCUniversal and beyond.
Nikola (NKLA) having a tough day. The electric truck company is down 20% and down 50% in the last two weeks. Today, the stock is lower as founder and Executive Chairman Trevor Milton announced his resignation overnight amid accusations of making false statements about the company's technology to attract investors and partnerships with other automakers.GM said this morning their deal with Nikloa is still in tact.... for now.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.