Week 07/13/2020 - 07/19/2020

Wednesday Jun.15th, 2020
  • S&P 500, Dow Jones and Nasdaq were back to positive.
  • Goldman Sachs reported a 150% spike in trading revenues.
  • Many blue check accounts(including Bill Gates, Elon Musk, Barack Obama, Joe Biden etc.) in Twitter were hacked by bitcoin spammers. It took hours to go back to normal. Twitter’s stock fell 3%.
  • Walmart requires customers to wear masks.
  • Zoom revealed a $599 work from home package including a tablet, 8 microphones and 3 cameras.
  • Chipotle plans to hire 10K workers to expand their drive-thru services.
Thursday Jun.16th, 2020
  • Netflix’s Q2 revenue is $6.2 billion during quanrantine quarter. The net addition of its subscribers is 10.1 million (however, it’s down 10% since the expectation of much less profits and subscribers in Q3).
  • Facebook plans to lanuch Instagram Reels (functions like TikTok) and it’s already been tested for a while in Brazil, France and Germany.
  • UnitedHealth has its most profitable quarter with $6.6 billion profit.
  • JetBlue and American are going to cooperate and share passengers.
Friday Jun.17th, 2020
  • John Lewis, Goergia congressman and American civil rights leader, dies at 80.
  • Boeing 747 officially retires.
  • Supreme Court Justic Ruth Bader Ginsburg’s liver cancer has returned.