Here’s Where You Can Buy Non-Medical Face Masks Online Right Now

Elva Mankin

Update, June 24, 2020: Since communities in the United States resume holding public events such as protests and political rallies, the Centers for Disease Control and Prevention has released new guidelines defining these sorts of gatherings as high risk. In situations where maintaining physical distance is difficult, the CDC says cloth face coverings are “most essential” and should be worn by both event staff and attendees.

Update, May 6, 2020: As stay-at-home orders come to an end and businesses across the U.S. begin to re-open, a number of states are taking the CDC’s recommendation to wear a cloth face-covering in public to the next level by making it a requirement. This is in effect in the following seven states so far: New York, New Jersey, Connecticut, Pennsylvania, Maryland, Rhode Island, and Hawaii.

Update, April 4, 2020: The CDC issued a recommendation that President Donald Trump shared on Friday:

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As COVID-19 Continues to Fuel E-commerce, Buy Now, Pay Later Programs Evolve

Elva Mankin

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According to CB Insights, there are 67 fintech unicorns with a combined valuation of $252.6 billion. And notably, standouts from this list include “buy now, pay later” companies who, as e-commerce continues to rise during the coronavirus pandemic, have experienced exponential sales.

In May, PayPal reported having 325 million active accounts, having gained 7.5 million new accounts in April alone. And in June, the company announced it has expanded its buy now, pay later solutions to France making it one of the first payment installment solutions for small businesses in France. According to data from PayPal, 84 percent of French consumers are more likely to shop again at a retailer that offers installments.

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Splitit also achieved record growth during the pandemic, achieving increased conversion and average order value as online shopping rates soared. On July 8, the company announced it

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Coronavirus-Led Grocery Demand Here to Stay: 4 Stocks to Buy

Elva Mankin

The COVID-19 outbreak brought about a major shift in consumer’s shopping pattern and behavior. People are purchasing more of essential items and avoiding any extravagant spending. This has led to a spurt in demand for toilet paper, disinfectants, masks, gloves, packaged water, medicines and related food staples. Well this change in consumer behavior is here to stay, as people are preferring to work from home, dining at home and maintaining social distancing.

Product innovation, prudent pricing strategy and strategic investments in developing new business model is the need of the hour. It comes as no surprise that the companies have been stepping up omni-channel capabilities and adopting ways to enhance delivery and payment systems, in particular, to expand in the booming online grocery space. To this end, companies’ same-day and last-mile delivery services, and buy online and pick-up in store facilities bode well. In fact, the companies’ initiatives to expand

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Buy Into the Shopify Story for the Long-Term, Says 5-Star Analyst

Elva Mankin

E-commerce platform Shopify (SHOP) joined the $1,000 per share club last week, symbolically reaching the landmark on Canada Day. The Ottawa-based company has delivered a strong performance in 2020, with shares up by a remarkable 159% year-to-date. Given this impressive rally, should investors reduce exposure to the e-commerce highflyer?

No, is the succinct answer from Baird analyst Colin Sebastian.

While the lofty valuation is “still the biggest investor pushback,” the 5-star analyst believes there still remains a large untapped TAM (total addressable market) that Shopify has yet to penetrate.

Sebastian said, “Shopify has made our list of favorite stocks each year since initiating coverage in early 2016. In our view, there are scarce few (if any) public software companies as closely tied to the enormous e-commerce share shift, with an established leadership position, and world-class product and engineering. Moreover, we see multiple incremental revenue drivers ahead from new

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4 Large-Cap Technology Stocks to Buy This Earnings Season

Elva Mankin

Lockdown impositions across the world, in a bid to curb the spread of COVID-19, have been taking a toll on the economy. The pandemic has caused disruptions in major sectors and economic zones, resulting in a full-blown global crisis due to the slowdown in productions and operations, and sluggish spending patterns.

As a result, second-quarter corporate earnings are expected to have suffered significantly. According to the latest Zacks Earnings Preview article, total earnings for the S&P 500 members will likely be down 44.1% year over year on 10.9% lower revenues in the to-be-reported quarter.

Though the coronavirus outbreak has had a sector-wide impact, the U.S. tech sector seems more resilient compared with the other sectors. Per the Earnings Preview article, tech sector earnings are expected to decline 13.5% on 1.2% lower revenues.

Why Tech Sector Could Outshine in Q2?

The coronavirus outbreak has, surprisingly, opened up newer avenues of growth

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5 Tech Stocks to Buy

Elva Mankin

The U.S. stock market gained on Jul 2 as investor optimism about market recovery from the COVID-19 crisis got a boost after the U.S. Labor Department reported an unexpected drop in unemployment rate. According to the latest data released by the U.S. Bureau of Labor Statistics, the unemployment rate fell to 11.1% in June from 13.3% in May.

The U.S. economy added 4.8 million jobs in June, marking the second consecutive month of gains following more than 20 million of job losses recorded in April due to the pandemic. In May, the economy created 2.7 million jobs, bringing down the unemployment rate to 13.3% from the post-World War II high of 14.7% in April.

Notably, the stock market is in a recovery mode since April after bottoming out in late-March due to the pessimism surrounding the coronavirus crisis. Optimism over a potential vaccine for COVID-19 and an uptick in economic

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