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.
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.
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.
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.
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.
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 (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.
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.
The 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.