How are Television Companies Feeling the Impact of the COVID-19 Outbreak?
During broadly disruptive events, such as global pandemics, consumer’s media consumption tends to increase 60%. Chief Technology Strategist, Brad Gastwirth, commented on how increased television usage does not mitigate financial impacts of COVID-19 on broadcasting networks for IndieWire. He explains how television networks increase revenue by raising ad rates in a normal market. “The problem is, what will people who advertise sporting events, concerts, cars, and product launches be advertising now?” For more comments from Brad Gastwirth, view the full article.
Can Apple and Tesla Overcome Difficult Market Conditions?
As the Coronavirus continues to spread, technology companies such as Apple and Tesla, have taken major losses to their stock. Equity Research Analyst, Daniel Ives, appeared on Yahoo Finance to discuss his view of profitability for these companies moving forward. Regardless of current market conditions, he believes Apple and Tesla can return to long-term growth. For more comments from Daniel Ives, view his full appearance.
Tesla is Hopeful Despite Impacts of the Coronavirus Outbreak and Cheap Oil Prices
Equity Research Analyst, Daniel Ives believes Tesla can overcome supply chain issues in China caused by the Coronavirus. Despite the current impacts, he believes the company can hit their 500K demand goal for 2020. For more comments from Daniel Ives about Tesla as featured by CNBC, view the full article.