The COVID-19 crisis is pushing people in the U.S. to increasingly choose debit cards over credit cards
The COVID-19 crisis is pushing people in the U.S. to increasingly choose debit cards over credit cards, and that trend could benefit Square Inc, (NYSE: SQ) according to an analyst. He calculated a 15% boost to Square’s gross profits, and increased his target price on the stock to $195 from $180, standing by his previous positive rating. Click here to read more
Apple (NASDAQ: AAPL) has stopped selling competitor headphones in its stores. Headphones by Logitech, and Sonos Audio, and the most notable of them, the Bose noise-cancelling headphones, which is pitched to be a direct competitor to the headphones that Apple has repeatedly been rumoured to be ready to announce sometime this year. Click here to read more
Over the past month, Walmart (NYSE: WMT) has announced three deals with drone operators to test different uses for their drones. Walmart (NYSE: WMT) teamed up with Flytrex to deliver groceries and household essentials. It has also been testing deliveries of at-home Covid-19 test kits with partners such as Quest Diagnostics. Click here to read more
The pandemic-driven surge in online sales sent companies scrambling for space to store and deliver goods to locked-down consumers. Click here to read more
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