|Bid||1,891.77 x 800|
|Ask||1,893.22 x 1000|
|Day's range||1,889.79 - 1,926.33|
|52-week range||1,626.03 - 2,185.95|
|Beta (5Y monthly)||1.54|
|PE ratio (TTM)||82.22|
|Earnings date||22-Apr-2020 - 26-Apr-2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2,409.78|
The novel coronavirus has capsized the lives of freelancers and self-employed workers who are trying to find financial stability.
The deadly and rapidly spreading COVID-19 outbreak has been wreaking havoc on companies around the world. Nevertheless, some companies — including online pet product retailer Chewy — have emerged as winners amid the chaos.
Few activities expose the divide between haves and have-nots in the US like online shopping. Fortunate Americans isolated at home during the coronavirus pandemic are using online deliveries from the likes of Amazon to stay safe indoors. Workers at Amazon and Whole Foods staged walkouts this week, asking for protective gear and hazard pay.
Amazon did not confirm the authenticity of the notes, which Vice News reported were from a daily meeting with the company's Chief Executive Jeff Bezos and senior leadership team. David Zapolsky, Amazon's secretary and top lawyer, allegedly wrote that a worker who criticized Amazon's warehouse operation during the coronavirus pandemic was "not smart, or articulate" and suggested Amazon might "make him the face of the entire union/organizing movement." Amazon and other businesses have provided vital deliveries as nearly 90% of the United States has been told by their governments to stay home to slow the spread of coronavirus.
The company, which has reported virus cases among warehouse staff and faced several demonstrations, said it would start testing hundreds of thousands of employees a day for fevers. All locations will have surgical masks available by early next week, after millions were ordered weeks ago, according to Amazon. Particle-blocking N95 masks it has ordered will instead be donated to medical workers or sold at cost to government and healthcare organizations, it said.
Apple (AAPL) extends program for premium subscription video entertainment providers to offer direct buying or renting options unlike its payment system, which takes a 30% cut of the purchase price.
Christian Siriano, the American designer whose career was launched by reality show Project Runway, and who now serves as the show’s on-screen mentor, is currently sewing surgical face masks in bulk for the governor of New York. While Siriano has diverted his attention from red carpet gowns to masks, fans of the show that kick-started his career will find themselves with plenty of television to while away their hours at home. Project Runway, the 15-year-old, mass-market show in which fashion moguls such as Michael Kors and Zac Posen judge the work of aspiring designers through a series of contests, has now spawned two streaming service copycats — including a new series on Amazon that Entertainment Weekly described as “first rate quarantine TV”.
Amazon said fewer than 15 of more than 4,000 employees at its Romulus, Michigan fulfillment center participated; one of the action's organizers said 40 people joined in. The demonstration, which came after a worker there tested positive for the virus, has not impacted fulfillment of customer orders, Amazon said. The news reflects the operational risks facing the world's largest online retailer if more workers contract COVID-19, the disease caused by the virus, and if their peers quit in protest.
After one of the worst Q1, get ready for a coronavirus-riddled Q2 which makes these industries and ETFs worth a bet. These areas emerged as the top performers of Q1.
Mandatory social distancing orders may be slowing the spread of COVID-19 in the Seattle area, home to the first coronavirus death in the U.S., but the city’s mayor, Jenny Durkan, warned against complacency, saying the Puget Sound region is still “a month or two away” from relaxing isolation rules.
The rapid spread of coronavirus is boosting online retailing as consumer footfall decreases at physical stores. Here are some e-commerce stocks likely to benefit including AMZN, EBAY among others.
Under intense pressure to do more to protect its employees during a pandemic, Amazon said Thursday it will start doing temperature checks and providing face masks for all staff on the front lines starting next week. Amazon told Reuters exclusively of its plan to safeguard workers at all its U.S. and European warehouses plus Whole Foods stores. It will start testing hundreds of thousands of employees a day for fevers, using no-contact thermometers at site entrances. Any employee with a fever of more than 100.4 Fahrenheit will be sent home. Amazon has faced fierce criticism from some union and elected officials after workers from at least 19 of its warehouses tested positive for the novel coronavirus. There's been walkouts by a small number of warehouse staff. A group of workers at Whole Foods called for a sick out to protest what they describe as lack of concern for their health, as well as inadequate compensation. Besides temperature checking and face masks, Amazon will use machine-learning software to monitor whether employees are keeping safe distances during their shifts. Facing a worker shortage and a surge in orders, Amazon recently announced it would hire 100,000 new workers. As of Thursday, it has filled more than 80,000 of those jobs and said it plans to spend $350 million more than originally planned to cover pay raises through April.