Vuzix Corporation (NASDAQ: VUZI), a US-based augmented reality glasses manufacturer, is taking part in the Consumer Electronics Show (CES) this week. Vuzix's new medical and industrial solutions have been well received by investors. As a result, the company's shares went up. At the last auction, the VUZI share cost $ 9.75. Vuzix receives more and more orders for augmented reality (AR) glasses, and new generation glasses. At CES 2021, Vuzix focused on AR technologies for medicine. This is not only about the use of glasses directly by the hospital staff, but above all - their use for working with complex medical equipment. Vuzix is continuously expanding the scope of its AR technologies. At CES 2021, Vuzix will hold meetings with resellers and OEMs to promote the next generation NGSG glasses.
This week, the shares of the Chinese social network Momo Inc. (NASDAQ: MOMO) got a positive momentum. Trading volumes in shares increased. Momo is not only a social network, but also an online dating service. Momo started out as a social network. Momo also has standard social media tools such as finding friends, subscribing to groups and chatting in instant messengers. Momo services are primarily targeted at mobile devices. Users can take photos, videos and share them with subscribers. It is the possibility of such a convenient and quick exchange of content that increases the popularity of Momo. In particular, one of the most popular options on the platform is live videos, which provide most of the revenue. Momo intends to submit the next financial report only at the end of March. At the last auction, the MOMO share cost $ 16.11.
Zomedica Inc. (AMEX: ZOM) gained over 320% in the first weeks of 2021. At the last auction, the ZOM share cost $ 0.98. Investors were positive about the news that Zomedica plans to launch its cutting-edge veterinary diagnostic platform in the coming months. In late March, Zomedica plans to launch the Truforma veterinary platform, which will improve the diagnosis of pets. The development is based on bulk acoustic wave (BAW) technology and is considered the most accurate and reliable. The positive investor sentiment towards Zomedica is explained not only by the imminent launch of the diagnostic platform, but also by the general trends in the US pet market. Millions of Americans have pets for the first time as they have more time to care for them. As a result, Americans spent significant sums last year on accessories, food and care.
Electric vehicle maker Tesla (NASDAQ: TSLA) surpassed social media operator Facebook (NASDAQ: FB) in market capitalization after the market opened on Friday. Tesla shares jumped about 3.5% immediately after trading opened, bringing the company's market capitalization to $ 788.4 billion, while Facebook shares remained flat. Such a leap makes the car company Elon Musk the fifth most valuable company. Now it is second only to Apple, Microsoft, Amazon and Alphabet in this indicator.
According to CNBC analysis, the Apple App Store earned more than $ 64 billion in 2020, more than the roughly $ 50 billion received in 2019 and $ 48.5 billion in 2018, indicating that App sales growth The Store sped up a lot as people spent more time and money on apps and games. For example, App Store revenue grew 28% in 2020, up from 3.1% in 2019. Apple's App Store is the company's main growth area.