This year has not been the most profitable for many businesses, but times of difficulty are also times of opportunity, and the markets listed below have been performing above expectations despite challenging circumstances surrounding the global economy.
Gold and real estate are often the two types of investments that pessimistic investors look to put their money into when circumstances are difficult. The latter has not performed well in the year 2020. With an increasing number of individuals choosing to spend the majority of their time at home and economies struggling all over the world, the global property market has taken a significant hit this year.
Therefore, gold will continue to be the best performing commodity during 2020. The reason for this is because gold is commonly regarded as a safe haven during times of uncertainty, whether that uncertainty is caused by political or financial factors. Due to the fact that gold prices have a history of moving in the opposite direction of volatile market conditions, falling market conditions almost always result in rising gold prices.
There is a catch to this, however, because the price of gold may have reached its all-time high in August, and because other industries are exhibiting some signs of life, it may not offer the same growth potential that it did half a year ago. Gold, on the other hand, has a long history of being regarded as a reliable investment for a variety of reasons.
This year has been difficult for a lot of different businesses, but financial technology has not been one of them. Throughout the entire year of 2020, private investment in financial technology companies has continued to increase, and this trend is only projected to continue in the short- and medium-term future. The next six to twelve months present the greatest opportunity for growth for fintech companies that place a significant emphasis on business solutions to business problems.
The success that PayPal has achieved so far this year serves as the most prominent and finest illustration of this trend. The online payment services provider has broken company records for the overall amount of payments processed and fast payments like 9 line fast payouts, the number of new accounts opened, and the total income in what has been an absolutely phenomenal year for the business.
PayPal has traditionally focused on peer-to-peer money transfers; however, due to its success in 2018, the company has been able to expand into new areas and strengthen its platform in others. These new areas include tools for business-to-business transactions, credit facilities, and even cryptocurrency capabilities.
It should come as little surprise that businesses that specialize in entertaining people online have done very well in the year 2020 given the large number of individuals who spend the great majority of their time at home in this day and age. This success has been distributed throughout a number of different sectors. The film industry, television, and gaming have all experienced expansion, but there are a few companies that have emerged as industry leaders.
For example, Netflix has already attracted more new customers in the first three quarters of 2020 than it did all throughout the entirety of the previous year combined. It is estimated that there have been more than 28 million paid customers gained so far this year in the first nine months of the year.
In the gambling industry, both Evolution Gaming and NetEnt hit an amazing new revenue peak during the third quarter. When compared to the same time period in 2019, NetEnt’s revenue increased by an impressive 18 percent in the third quarter year-on-year thanks to the company’s status as one of the leading slot suppliers and the extensive online slots portfolio it offers. Its revenue hit $60 million, which is close to double the amount that was recorded for the third quarter of the previous year. When it comes to playing casino slots we want to offer you the best hight roller online slot that we can find
People have been waiting for a significant paradigm shift in advertising, which is one of the reasons why this field is so attractive. Although it is happening gradually, the complete takeover of advertising budgets that many people anticipated would occur as a result of the loss of the print business has not yet occurred.
Reaching the appropriate audience has been and will continue to be the primary challenge of advertising online. It’s one thing to have 10 million people read your page, but if half of them are automated programs, your advertisers are throwing away their money. It is because these advertising solutions from Google have comprehensive market data to back up their claims, which is one of the reasons why they have proven to be so popular in this field.
This information has come to light in the year 2020 as a result of Alphabet, Google’s parent company, exceeding revenue estimates across the board. However, this success was mostly driven by robust increase in advertising income. The announcement that the company had exceeded analysts’ forecasts for earnings per share, revenue, YouTube ads, traffic acquisition costs, and Google Cloud fees caused the stock price of the company to increase by almost 9 percent when it became public.
During the results call, Google CEO Sundar Pichai stated that the past year, including the most recent quarter, demonstrated how valuable Google’s founding product, search, has been to individuals.