The Good: Crocs The future for Crocs is looking bright. Today, the singular shoe company raised its outlook for the fourth quarter. It also expects sales in 2021 to speed up by as much as 25%. Previously, Crocs had estimated a 2020 growth of 5% to 7%, but now expects a growth of 12% or a record of about $1.38 billion. CEO Andrew Rees emphasized that Crocs had their best year in the company’s history amidst a global pandemic. Crocs have evolved from a fashion punchline to a piece of the zeitgeist, with collabs with Justin Bieber and Post Malone. Crocs shares have risen more than 53% in the last year. The Bad: Carnival Cruises As has been true for nearly a year now, the coronavirus has created a world without travel. Industries far and wide, from air travel to cruise lines, have been affected consistently by travel restrictions and reduced demand. Today, Carnival announced its fourth-quarter earnings, which saw the cruise operator record a net loss of $2.2 billion. However, Carnival’s CFO said the company has enough liquidity to survive 2021, even in a “zero-revenue environment.” A year ago, Carnival earned a profit of over $400 million. Carnival is implementing cost-cutting measures, including removing ships from its fleet, as it tries to stave off losses in the hopes of a return to semi-normalcy during the vital summer season. The Ugly: Cryptocurrencies Bitcoin’s wild ride added a tough new chapter today, with cryptocurrencies around the world retracting, mounting to losses of $150 billion. That’s right, $150 billion in one day. Bitcoin led the downfall, slumping 10% to $34,200. Bitcoin, and cryptocurrencies like it, are known for their volatility as they continue their quest to supplant gold and other precious metals as “alternative currencies.” Major analysts are starting to give Bitcoin its due, with JP Morgan estimating it could reach $150,000. However, with such drastic swings and the potential of being a bubble, Bitcoin and other cryptocurrencies may not be for the faint of heart.