AP Photo/David Zalubowski, File
By March 23, Apple had lost $435 billion in market value in about five weeks and many of its retail outlets were shut as the virus pandemic walloped the global economy and stock markets. Meanwhile, a report issued by the National Bureau of Economic Research found that 2% of small businesses surveyed had shut down permanently in March.
On Dec. 21, Apple s stock market value totaled over $2.18 trillion, up 121% since March 23. On the same day, Congress approved nearly $300 billion in additional relief for small businesses, money that many hard-hit owners only hope can help them survive until the pandemic finally eases
By siliconindia | Tuesday, 22 December 2020, 14:03 Hrs Do you have a love of pets? Are you considering taking that love and turning it into a profit? We don’t blame you! Around 85 million Americans own a pet, according to a survey done by the American Pet Products Association. That means millions of pet owners could use some type of pet service at some point in their lives. If you are thinking about starting your own pet business, check out the following ideas.
Pet Crafts and Gift Shop Do you have a special talent for knitting or creating crafts? Are you a creative person by nature? Don’t be afraid to turn those talents into a lucrative position by opening your own pet crafts and gift shop. Pet owners will pay big bucks for
E-commerce company
Chewy (NYSE:CHWY) is focused solely on the pet food and pet care category, while for
Amazon (NASDAQ:AMZN), that s just one of countless categories and business lines. But within that niche, the two are battling aggressively for sales and dominance.
So which one is the better buy for investors today?
The everything store
Amazon barely needs an introduction it s the global leader in e-commerce and cloud computing by a wide margin. And those two markets are beyond massive.
For example, the global retail market is estimated to be worth $25 trillion. The worldwide public cloud computing market is expected to top $330 billion this year. And Andy Jassey, the CEO of Amazon Web Services (AWS), also aims to push AWS into the $3.7 trillion enterprise IT market. Given Amazon s $348 billion of net sales over the last 12 months, it s clear it has much more room to grow.
The Globe and Mail Adam Mayers Published December 14, 2020
andresr/iStockPhoto / Getty Images
Animal welfare organizations across Canada have seen a surge in demand for pet adoptions as Canadians spend more time at home during the pandemic and opt for the comfort of animal companionship and the distraction that it provides from the hard realities of COVID-19.
For investors, health care for pets and livestock offers another way to look at this trend. It is growing strongly, has solid fundamentals and committed customers.
Kristin Peck, chief executive officer of Parsippany, N.J.-based Zoetis Inc. (ZTS-N), the largest pure animal pharmaceutical company, said as much in a recent conference call during which she called animal health care a “steady and reliable sector,” even in times of economic hardship.
5 Stocks That Can Skyrocket in a Biden Bull Market fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.