It looks like nobody told the sneaker resale market that there was a recession. The $19 billion industry is booming amid the pandemic and shows no sign of slowing down as sneakerheads make their way to secondary marketplaces such as StockX to cop their coveted kicks. Scott Cutler, StockX CEO, joined Yahoo Finance to discuss the sneaker market and retail trends leading up to Black Friday.
QuantumScape, a battery developer for electric vehicle use, began trading on the New York Stock Exchange today following a SPAC merger.
As recently as February, Roblox closed a round of venture capital funding that valued the online videogame hub at just $4 billion. If you haven't heard of Roblox, your children will probably be your best resource to explain "what it is." Popular games that kids play on Roblox include such titles as Natural Disaster Survival (where one attempts to, er, survive natural disasters), Hide and Seek Extreme (self-explanatory), and Adopt Me!