This week is when we test the bottom
With a steep rise in Covid19 deaths predicted this week for the U.S., this is when we’ll test the bottom… despite today’s market gains. And then we’ll test again with earnings.
See also: August is apparently the new Easter.
TODAY IN…
DEEP TECH:
Apple backs away from facial recognition in newest iPhone SE
IBM’s new CEO bucks company tradition: Wants a “maniacal focus” on AI and hybrid cloud but says “This is about speed over elegance”
MEDIA & TELECOM:
Where advertising is declining
Zoom’s only hope is a new CEO — because the current CEO doesn’t understand how culture works
HEALTHCARE TECH:
Where Covid19 is a market driver: The health care system cut 42,500 jobs in March — 96% were in outpatient settings like medical and dentist offices, physicians’ clinics, speech therapy and vision centers
FINANCE:
Get ready for a ridiculously busy M&A season at year's end
RepRisk, a Swiss ESG ratings service, names the Most Controversial Companies of 2019
PUBLIC POLICY:
Up to 35 million Americans could lose their employer-sponsored health insurance in the coming months
The EU is focusing its antitrust probe on Facebook’s online classifieds service … See also: Google admits it has no intention of adhering to GDPR data-privacy rules, irrespective of Covid19 situation
And finally…