Take me to your lidar... Luminar makes lidar tech that lets self-driving cars "see" their surroundings. By shining lasers at objects, Luminar's tech can prevent autonomous whips from hitting light poles. Luminar stock jumped 17% on Friday, after it delivered a reassuring business update — and notched a key partnership with one of China's largest carmakers: SAIC Motor plans to use Luminar's lidar sensors in its new line of cars. Luminar also recently sealed a deal to provide tech for Volvo's self-driving subsidiary.
Wine valise FTW... Williams-Sonoma probably invented the wedding registry. But despite all the canceled 2020 ceremonies, the home goods legend had its best year of sales ever — and the stock soared 29% for the week. All of WS' brands (Williams Sonoma, Pottery Barn, and West Elm) saw double-digit growth last year, and total sales climbed 26% from 2019. WS was a double coronaconomy winner, benefiting from the House Hype and a digital-first strategy: 70% of its sales were online.