Market summary 4th December

Investment contributor Riccardo Pierre gives his weekly update on the state of the markets and the big movements to be aware of

Investment

by Riccardo Pierre
on 21 January 2021

in Issue 1758

1. Big news in tech as whispers of Salesforce buying Slack sent the communication platform’s shares skyrocketing this week.

2. This week has showcased the very differing fortunes of two hot names for the electric vehicles game; Tesla and Nikola.

3. Pinterest is testing out a new feature that could see it take over the online virtual event market.

4. AstraZeneca is likely to conduct an additional global trial of its COVID-19 vaccine candidate following questions raised about the efficacy of the treatment.

5. Global COVID-19 cases topped the 60 million mark, with the toll in the U.S. continuing to worsen.

6. Air travel has picked up, with more than 3 million people passing through Transportation Security Administration checkpoints.

7. Oil traders are wagering on a brighter economic outlook and higher demand for fuel. U.S. crude-oil futures rose to their highest level since early March.

Also in this issue...

Puzzles

cZeus

The weekly cZeus puzzles and last week's solutions

Imperial back to winning ways on University Challenge

Felix spoke to Imperial’s University Challenge team after its 285-145 demolition of Balliol College, Oxford.

Calls for new Imperial logo to be replaced as petition exceeds 2,700 signatures

College says it will “take any opportunity to hear what people think, to listen, and to answer questions.”

Imperial steams forward with ‘horse sh*t’ UN mural

‘It‘s sh*t,’ say students, as College President Hugh Brady claims ‘enthusiastic’ support

Imperial first team to qualify for University Challenge semi-finals

Lee, Jones, Haddad, and Debnath pulled away from Manchester after an early scare to reach the semi-finals of the competition.

University Challenge: Imperial thrashes Lincoln College

Imperial has progressed to the third round of University Challenge, after coasting to victory against Lincoln College, Oxford.

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