TOP 5 STOCKS TO WATCHOUT(18-01-2021):-

TOP 5 STOCKS TO WATCHOUT(18-01-2021):-

1.TESLA-Tesla Inc said on Monday it has started delivering its Shanghai-made Model Y sports utility vehicles to customers in China.

A representative for the U.S. automaker made the comment in response to a query from Reuters.

The company obtained permission to start selling the cars from the Chinese government in November and has set a starting price of 339,900 yuan ($52,400).

2. AMAZON : A local official from India’s ruling Hindu nationalist party on Sunday registered a police complaint against an Amazon Prime web series alleging it insults Hindu gods and goddesses, and threatened to launch a protest at the company’s office in Mumbai.

Protests against Amazon.com have been organised for Monday to warn it not to show scenes insulting Hindu gods and goddesses, Ram Kadam, a BJP member of the Maharashtra legislative assembly, said in a tweet after filing a complaint with police in Mumbai on Sunday.

The political drama “Tandav” also drew the ire of other lawmakers from the Bharatiya Janata Party (BJP), causing fresh controversy for the e-commerce giant which last year had to withdraw dozens of rugs and doormats depicting Hindu gods from its international Amazon.com platform after a backlash in India.

3.SAMSUNG:-South Korea’s Seoul High Court sentenced Samsung Electronics vice chairman Jay Y. Lee to a two-and-a-half year jail term, the court said on Monday.

Lee, 52, was convicted of bribing an associate of former President Park Geun-hye and jailed in 2017, but the sentence was reduced and suspended on appeal. The Supreme Court then sent the case back to the Seoul High Court, which ruled on Monday.

4. FOXCONN :– Vietnam on Monday awarded a licence to a unit of Taiwan’s Foxconn Technology Co Ltd to build a $270 million plant to produce laptops and tablets, the Vietnamese government said.

The plant, to be developed by Fukang Technology, will be located in the northern province of Bac Giang and will annually produce eight million units, the government said in a statement on its website.

 5.FACEBOOK:-Facebook Inc said on Saturday it will ban advertisements for weapon accessories and protective equipment in the United States with immediate effect until at least two days after U.S. President-elect Joe Biden’s inauguration on Jan. 20.

Following the attack by supporters of President Donald Trump against the U.S. Capitol on Jan. 6, the social media company said it will now prohibit ads for accessories such as gun safes, vests and gun holsters in the United States.

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