Uber Is Ready to Acquire Grubhub
Written by Jennifer ClarkPosted May 20, 2020The 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 ClarkPosted May 13, 2020Tyson 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 ClarkPosted May 6, 2020Clorox (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 ClarkPosted April 29, 2020The 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 ClarkPosted April 22, 2020Video 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.
Amazon Hits a New High
Written by Jennifer ClarkPosted April 15, 2020The coronavirus pandemic has shut down nearly the entire U.S. and the world, but it has done the opposite for Amazon (NASDAQ: AMZN). While the company is experiencing an influx of business and new stock market highs, it might not last forever.
Massive Tech Companies Feel the Pressure
Written by Jennifer ClarkPosted April 8, 2020Microsoft’s (NASDAQ: MSFT) founder Bill Gates and Apple’s (NASDAQ: AAPL) CEO Tim Cook have stepped in to help with the fight against COVID-19. Find out how these massive tech companies are doing their part during this pandemic.
Retail Gets Hit Hard by Coronavirus
Written by Jennifer ClarkPosted April 1, 2020President Trump announced on Sunday that the nation may need to continue isolating until April 30. This announcement, along with recent COVID-19 news, has forced retailers to make some painful but necessary decisions to keep businesses afloat.
Cannabis Sales Surges Because of COVID-19
Written by Jennifer ClarkPosted March 25, 2020There’s a lot of ways to cope with anxiety and distress, and for some weed is the answer. This is why it doesn’t come as a surprise that cannabis sales in the United States and Canada have surged as these government officials urge citizens to stay at home and fight the risk of spreading and getting COVID-19.
Is The Market Adjusting to Social Distancing?
Written by Jennifer ClarkPosted March 18, 2020The federal and state governments have called for social distancing and staying at home to slow the spread of coronavirus, ultimately preventing overcrowding in the U.S. health care system. The market is adjusting and showing surges for companies like Slack (NYSE: WORK), Peloton (NASDAQ: PTON), and Roku (NASDAQ: ROKU) — all companies that make life at home in isolation a little easier.
Airlines Are Falling Ill
Written by Jennifer ClarkPosted March 11, 2020The coronavirus is having a detrimental effect on the airline industry. On Tuesday, Airline companies American Airlines Group (NASDAQ: AAL), Delta Air Lines (NYSE: DAL), and Southwest Airlines (NYSE: LUV) announced ways in which they will combat the downturn they are experiencing thanks to the virus.
Coronavirus Worries the Fed
Written by Jennifer ClarkPosted March 4, 2020The Federal Reserve took action on Tuesday and cut interest rates to prepare for what could happen to the economy if the coronavirus continues to spread in the U.S.
Amazon Is Set to Open Its First Full-Size, Cashier-Less Grocery Store
Written by Jennifer ClarkPosted February 26, 2020Amazon (NASDAQ: AMZN) is set to tackle the $800 billion U.S. grocery industry by opening its first full-size, cashier-less grocery store. Will this be the change the industry needs?
COVID-19 Virus Has Stocks Declining
Written by Jennifer ClarkPosted February 19, 2020The spread of the coronavirus, now known as COVID-19, is impacting the world’s health and its economies. It’s already affecting the supply and demand of some of the biggest companies like Apple (NASDAQ: AAPL). If this virus continues to spread, businesses will begin to see even more negative effects.
One Step Closer to a Massive Wireless Merger
Written by Jennifer ClarkPosted February 12, 2020On Tuesday, a federal judge in New York approved a $26.5 billion merger between T-Mobile (NASDAQ: TMUS) and Sprint (NYSE: S). This decision will leave only three major wireless companies in the U.S., which could be bad news for consumers, workers, and innovation.
