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Archivos mensuales:diciembre 2019

2020 Genesis GV80 officially drops on New Year's Eve – Roadshow

The GV80 will go on sale in 2020.
Source: CNET

Toss A Coin to Your Witcher: Here's where to hear the song from Netflix's hit series – CNET

Now pour him some ale.
Source: CNET

WWI movie 1917 got its one-shot approach because of James Bond, Sam Mendes says – CNET

Director Sam Mendes, cinematographer Roger Deakins, actors Dean-Charles Chapman and George MacKay and screenwriter Krysty Wilson-Cairns talk about re-creating the harrowing trenches of war.
Source: CNET

IRS stops companies like TurboTax from hiding free tax filing products in searches – CNET

The agency is also no longer banned from creating its own online filing system.
Source: CNET

Uber's last-minute effort to stop gig worker law is latest of many tries – CNET

The ride-hailing company takes a new approach with an 11th hour lawsuit aimed at California’s AB 5. The law reclassifies some gig workers as employees.
Source: CNET

Tech’s biggest companies are worth ~$5T as 2019’s epic stock market run wraps

Look, this is the last post I’m writing in 2019 and I’m tired. But I can’t let the year close without taking stock of how well tech stocks did this year. It was bonkers.

So let’s mark the year’s conclusion with some notes for our future selves. Yes, we know that the Nasdaq has been setting new records and SaaS had a good year. But we need to dig in and get the numbers out so that we can look back and remember.

Let’s cap off this year the way it deserves to be remembered, as a kick-ass trip ’round the sun for your local, public technology company.

Keeping score

We’ll start with the indices that we care about:

  • The tech-heavy Nasdaq Composite rose 35% in 2019
  • The SaaS-heavy Bessemer Cloud Index rose 41% this year

Next, the highest-value U.S.-based technology companies:

  • Microsoft was up around 55% in 2019
  • Apple managed an 86% gain in the year
  • Not be left out, Facebook rose 57%
  • Amazon posted its own gain of 23% in 2019
  • Alphabet managed to grow by 29%, as well

Now let’s turn to some companies that we care about, even if they are smaller than the Big Five:

  • Salesforce? Up 19% this year
  • Adobe was up 46% in 2019, which was astounding
  • Intel picked up 28% in the year, making it no slouch
  • Even Oracle managed to gain 17% in 2019

And so on.

The technology industry’s epic run has been so strong that The Wall Street Journal noted this morning that, powered by tech companies, U.S. stocks “are poised for their best annual performance in six years.” The Journal highlighted the performance of Apple and Microsoft in particular for helping drive the boom. I wonder why.

How long will we live in the neighborhood of Nasdaq 9,000? How long can two tech companies be worth more than $1 trillion at the same time? How long can the biggest tech companies be worth a combined $4.93 trillion (I remember when $3 trillion for the Big Five was news, and I recall when the group reach a collective value of $4 trillion).1

But the worst trade in recent years has been the pessimists’ gambit. No matter what, stocks have kept going up, short-term hiccoughs and other missteps aside.

For nearly everyone, that is. While tech stocks in general did very well, some names that we all know did not. Let’s close on those reminders that a rising tide lifts only most boats.

2019 naughty list

Several of the most lackluster public tech companies were 2019 technology IPOs, interestingly enough. Who didn’t do well? Uber earns a spot on the naughty list for not only being underwater from its IPO price, but also from its final private valuations. And as you guessed, Lyft is down from its IPO price as well, which is not good.

Some 2019 IPOs did well in the middle of the year, but fell a little flat as the year came to a close. Pinterest, Beyond Meat and Zoom meet that criteria, for example. And some SaaS companies struggled, even if we think they will reach $1 billion in revenue in time.

But it was mostly a party. The public markets were good, and tech stocks were great. This helped create another 100+ unicorns in the year.

Such was 2019. On to 2020!

  1. In time, those numbers will look small. But sitting here on December 31, 2019, they appear huge and towering and, it must be said, somewhat perilously stacked.


Source: TechCrunch

Best noise canceling headphones of 2020 – CNET

Looking for an active noise-canceling headphone? These are CNET’s current top picks.
Source: CNET

US Army bans TikTok app from government phones – CNET

The move follows Pentagon guidance and a similar ban by the US Navy.
Source: CNET

Keep your fitness resolution with today's New Year's Eve-only Bowflex deals – CNET

Save up to $250 and get accessories like a free kettlebell when you buy a Bowflex Max cardio workout machine.
Source: CNET

ThinkPad X1 Carbon vs. ThinkPad T490

The Lenovo ThinkPad X1 Carbon Gen 7 epitomizes the modern ThinkPad, with sleeker lines and robust components. The ThinkPad T490 is for the more budget-conscious ThinkPad fan who likes the throwback design.
Source: Digital trends