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Daily Scoop 11-17

Daily Scoop 11-17

👋 Your Wednesday Scoops - Perpetuated abuse at Activision

November 17, 2021

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Today's Scoop:Wavering

Big Picture

Consumers aren't afraid to spend right now.
Home renovation hasn't slowed down.
Gas-powered cars are losing friends fast.

The Market

⬇️

-0.3%

S&P 500: 4,688.67

1Mo:

+5%

| 1Yr:

+31%

| 5Yr:

+115%

Markets wobbled a bit today as investors try to figure out what's next. Corporate profits continue to exceed expectations, despite rising prices. Consumer prices are rising faster than they have in over 30 years, but retail companies are reporting strong sales growth and consumer spending. Investors are starting to wonder when consumers will stop accepting higher prices, and corporations will have to start eating more of the cost increases.

Company Scoops ❤🌎💰

(Click to dig in & vote your reaction, see how others feel)

Activision's

CEO concealed rape & abuse

Target's

keeping prices low

Toyota's

hydrogen & biomass cars

Lowe's

keeps building strong

Peloton's

emergency cash injection

(These links only work for 24 hours while the story is live)

🤓 Inside Scoop...

Most of the world’s hydrogen production currently comes from fossil fuels, but it can be a great alternative fuel if produced by renewable sources through electrolysis or biomass. Biomass is organic material (plants, algae, waste, crops, etc.), which can be used for fuel or power production that may otherwise be made from fossil fuels. Gasification is used to heat biomass at high temperatures and convert it to hydrogen without combustion, reducing greenhouse gas emissions. The US alone has approximately 1B tons of biomass that could be available for energy use annually.