If the China Outbreak Becomes More Widespread it Could Negatively Impact the Supply Chain
The coronavirus is bringing the Chinese economy to a halt, raising questions on how this epidemic would impact the global economy. Wedbush’s Daniel Ives covers the tech sector and explains how impactful this epidemic is to Apple and other tech companies that operate in China. For more on Daniel Ives comments: Why China can’t recover quickly from the coronavirus outbreak like it did with SARS
Amazon’s Aggressive Push into One-Day Delivery Probably Provided a Nice Boost to (Near) Last-Minute Purchases ahead of Christmas
Amazon has prioritized getting your orders to your doorstep, may cause their profit numbers to fall before earnings. Wedbush’s Michael Pachter covers Amazon and he sees the push in deliveries for the holiday season as a positive. For more on Michael Pachter’s comments: Amazon’s spending on one-day delivery is likely to weigh on fourth-quarter profit