The Signal: The law industry’s labor shortage shines light on the legal tech industry
The signal: The legal industry is going through a massive labor shortage which could benefit the growing legal tech industry.
Trends
Cybersecurity stocks to benefit as big tech plans big spending
Biden is calling all the help he can get to deal with America’s most pressing issue – cybersecurity. Last Wednesday, top US business leaders met with President Joe Biden to discuss strengthening the nation’s networks – with tech companies committing billions to the issue.
What’s Beating the Market? Direct Listings — which have outperformed the market average
Companies that went public via direct listing outperformed the market average and beat those that went public using the traditional IPO.
Space stocks fall back down to earth after going public
Space stocks are hitting the market — but those looking for the next rocket might have to wait. Yesterday, Rocket Labs (NASDAQ:RKLB), the space launch company, debuted in the stock market — falling 10% on its first day.
Chinese tech stocks rebound on strong earnings — Pinduoduo takes lead
Chinese stocks saw their best day in weeks as Chinese e-commerce giants, Pinduoduo, JD and Tencent, reported earnings that showed massive growth and little impact from regulations.
How can investors navigate a market constantly in sector rotation?
It’s been a wild 8 months. Yesterday, the NASDAQ index — largely represented by tech companies — broke an all-time high and passed 15,000.
At its high, the market traded up in 2021, but gains were scattered throughout different sectors — with the market rotating between small call, large-cap, growth, value, reopening and now back to COVID-benefiting stocks.
