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Day: November 23, 2020

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Vuzix (VUZI) Stock Could Rise, Get More AR Glasses Orders

The U.S. manufacturer of augmented reality glasses, Vuzix Corporation (NASDAQ: VUZI) concluded the week losing 2.51 percent to settle at $3.88, but the stock was up 3.19 percent over the past 5 sessions. Over the past few years, Vuzix has successfully sold its augmented reality (AR) lenses. Requests originate from various sectors, and the AR M400 glasses are one of the most common solutions. A change in the status of Vuzix was previously marked by different investors. Now the company is a leading and universal provider of AR application systems, applicable in different processes including from operating in warehouses of

Equity News

U.S. Indices Dropped After Tug Of War Between U.S. Treasury And Fed

The major U.S. indices show negative dynamics in the trading on Friday, November 20, due to disputes between the Federal Reserve and the US Treasury over the extension of a variety of programs during the coronavirus pandemic to support the country’s economy. Thus, Treasury Secretary Steven Mnuchin said the emergency loan programs of the Fed, initiated by the regulator at the start of the Covid crisis, will not be extended after December 31 of this year. In response, the Fed expressed its disagreement, arguing that unless there are strong signs of a turnaround in the US economy, all programs should