Tag Archives: pandemic

More people diagnosed with COVID-19 in past 2 weeks than in first 6 months of pandemic, WHO says

Bloomberg Inflation Risk Intensifies With Supply Shortages Multiplying (Bloomberg) — Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up hereSigns of inflation are picking up, with a mounting number of consumer-facing companies warning in recent days that supply shortages and logistical logjams may force them to raise prices.Tight inventories of materials as varied as semiconductors, steel, lumber… Source link

Read More »

An Unintended Consequence Of The Pandemic Led To Google Saving Over One Billion Dollars

Google may have saved one billion dollars due to the pandemic (Photo by David Paul Morris/Getty … [+] Images) Getty Images During the pandemic, Google, along with most other large corporations, told their employees to work from home. An unintended consequence of this remote work trend was the big savings realized by both companies and workers. Bloomberg reported that Google, according to regulatory filings, saved about $268 million in expenses in the first quarter of 2021…. Source link

Read More »

Coca-Cola beats earnings estimates, signals recovery from COVID-19 pandemic

TipRanks 2 “Strong Buy” Momentum Stocks That Could Reach New Highs It’s natural to want to buy into a rising stock, so much so that following upward trends as a market strategy has a name: momentum investing. It’s the art of following the upward trends. Momentum investing has its advocates and detractors, as do all investing styles. While past performance does not guarantee future returns, it’s still a a useful indicator that investors should pay attention to. With this in mind, we… Source link

Read More »

Russian internet giant Yandex mulls expanding food delivery service to TWO European capitals as Covid-19 pandemic boosts demand — RT Business News

Russian internet giant Yandex says it will start delivering groceries across Paris and London by the end of the year, after the service gained massive popularity in Russia during lockdowns imposed due to the Covid-19 pandemic. The grocery delivery in the French and British capitals will be run by Yango, an international arm of Yandex Go, which is in cha   rge of the company’s taxi aggregator and food tech business. Last year, the subsidiary launched the grocery service in… Source link

Read More »

Levi’s ‘balloon jeans’ emerge as the post pandemic hot style

TipRanks JPMorgan Says These 2 Stocks Could Surge Over 80% After a volatile first quarter, Q2 has kicked off in style, and the major indexes sit at – or hover near – all-time highs. The government bond market has also been steadying as yields have pulled back after rising higher earlier in the year, soothing investor fears that inflation could get out of hand. Moreover, the economic recovery seems to be gathering steam at a faster pace than anticipated. “We had been expecting the data to… Source link

Read More »

‘The world will never be the same:’ Coursera CEO on learning post pandemic

Bloomberg God and Man Collide in Bill Hwang’s Dueling Lives on Wall Street (Bloomberg) — With the sun rising outside their conference room in Midtown Manhattan, the visitors to a secretive investment empire bent their heads in prayerful meditation.It was another Friday morning, 7 o’clock, and a familiar scene was unfolding again inside Archegos Capital Management, an obscure family office that would go on to shake the financial world.In the days before the pandemic, 20 or 30 people would… Source link

Read More »

Google Predicts These 4 Pandemic Changes Are Permanent

Rapid Response to Changes in Consumer Habits Virtual Events Will Continue Working From Home Will Continue Online Shopping is Now The Norm Companies have changed the way they do business since the pandemic. In a new report, Google forecasts which of those changes are here to stay. Citing search data to back up some of its predictions, Google says these pivots will become permanent: Using real-time tracking insights to rapidly respond to consumers. Holding virtual events. Working from home. Offering… Source link

Read More »

Why Costco may clean up long after the pandemic ends

Costco’s stock may be down 12% this year as investors fret about growth slowing down after months of consumers stocking up during the COVID-19 pandemic, but it’s unlikely the usually strong market performer will stay stuck in neutral for too long. That inevitability for Costco (COST) reflects several byproducts of the pandemic that play right into the hands of the warehouse giant’s very business model (and by extension, its bottom line), argues Wells Fargo analyst Edward Kelly. One is… Source link

Read More »

AMC Entertainment CEO Reflects On Wild Pandemic Year, Goodbyes To Stakeholders Wanda And Silver Lake

Dalian Wanda, which acquired AMC Entertainment in 2012, surrendered control of the struggling exhibitor as it issued and sold tranches of new stock to raise cash — diluting the stake of the Chinese conglomerate. CEO Adam Aron confirmed the Wanda era was over although the company continues to be AMC largest single largest shareholder. Wanda holds less than 10% of the world’s biggest cinema chain. “They have been absolutely delightful,” he said on a post-earnings conference call… Source link

Read More »