Pro Trader Today Archives

Filters

Recent Articles

A Big E-Commerce IPO

Written by Jennifer Clark
Posted July 29, 2020

The Austin, Texas-based e-commerce company BigCommerce is expected to go public next week on Wednesday, August 5. 

Jeff Bezos Is Only Getting Richer

Written by Jennifer Clark
Posted July 22, 2020

This week, Amazon’s (NASDAQ: AMZN) CEO Jeff Bezos got even richer. On Monday, he added $13 billion to his net worth. He is now worth $189.3 billion and is on track to becoming the first trillionaire by 2026. So you could definitely say, coronavirus pandemic or not, Amazon continues to thrive.

Apple Software Company Set to Go Public

Written by Jennifer Clark
Posted July 15, 2020

Jamf Holdings, a cloud software platform that allows you to connect and manage Apple devices, has announced that it’s expecting to go public on Thursday, July 23 and aims to raise $272 million to $304 million from its IPO.

Uber Buys Postmates

Written by Jennifer Clark
Posted July 8, 2020

On Monday, Uber (NYSE: UBER) bought food-delivery startup Postmates for $2.65 billion. At the start of the COVID-19 pandemic, Uber realized it needed to push its business towards profitability and growth. With its Uber Eats division increasing by 53% in the first quarter of 2020, the obvious direction in which to go was the food-delivery market.

Advertisers Are Boycotting Facebook

Written by Jennifer Clark
Posted July 1, 2020

On Monday, Facebook shares fell close to 3% in early trading but eventually rebounded. The list of advertisers abandoning the site continues to grow. Some big companies, like Starbucks (NASDAQ: SBUX), Coca-Cola (NYSE: CCEP), and Hershey’s (NYSE: HSY), announced they would be pausing their advertising spending on the social media platform.

Robots Are Helping Health Care

Written by Jennifer Clark
Posted June 24, 2020

Health care robots are becoming more of a reality rather than just some idea of the “future.” According to a report by Zion Market Research, by 2025, global medical robot expenditures are expected to increase by approximately 20% to reach $24.6 billion.

U.S. Wants to Work With Huawei

Written by Jennifer Clark
Posted June 17, 2020

It looks like the U.S. is going a different direction when it comes to 5G and China’s Huawei. On Monday, the U.S. will amend its prohibitions on U.S. companies doing business with Huawei.

The Growing Demand for Telehealth

Written by Jennifer Clark
Posted June 10, 2020

46% of U.S. consumers are now using telehealth platforms. Telehealth use has surged in the past few months and COVID-19 has been a major catalyst. Now that people are considering telehealth as a viable option, the health care industry is shifting to accommodate that change.

Could At-Home Covid-19 Tests Help?

Written by Jennifer Clark
Posted June 2, 2020

With testing across the U.S. scarce, the only way for people to begin feeling comfortable about returning to “normal life” could depend on at-home testing kits. These kits could ease people’s fears and make it convenient for them to test themselves before considering returning back to work or school. However, they aren’t cheap and might not be covered by your health insurance.

Target Needs Your Trust

Written by Jennifer Clark
Posted May 27, 2020

There’s a lot changing in our world. Stores like Target (NYSE: TGT) have adjusted their concerns during this pandemic. A company that was usually concerned about creating a place to shop that offers the best items at the best prices has to now be proactive at providing a healthy and safe environment for its guests and workers. It’s a sensitive time and businesses need to put the right foot forward.

Uber Is Ready to Acquire Grubhub

Written by Jennifer Clark
Posted May 20, 2020

The food delivery market was growing before the pandemic but now, with people staying home and placing food delivery orders through Uber’s (NYSE: UBER) Uber Eats and Grubhub, Uber has even more incentive to finalize an acquisition deal with Grubhub.

COVID-19 Cases Inside the Meat Industry Are Rising

Written by Jennifer Clark
Posted May 13, 2020

Tyson Foods (NYSE: TSN) has been having a difficult time with COVID-19. There are at least 4,500 Tyson workers across 15 states who have the virus and 18 have died.

Clorox Is Working Around the Clock

Written by Jennifer Clark
Posted May 6, 2020

Clorox (NYSE: CLX) has experienced a 500% increase in demand during the COVID-19 pandemic, and that demand doesn’t seem like it’ll slow down any time soon.

Wayfair Is on the Rise… for Now

Written by Jennifer Clark
Posted April 29, 2020

The online furniture store Wayfair (NYSE: W) has surged 500% over five weeks, but will it last?

Communicating in the Time of a Pandemic

Written by Jennifer Clark
Posted April 22, 2020

Video conferencing has become the new way to interact with coworkers, friends, and family during this pandemic. Tech companies like Microsoft (NASDAQ: MSFT), Facebook (NASDAQ: FB), and Verizon (NYSE: VZ) have focused part of their businesses towards this new normal in order to reap the benefits from this growing market.