The COVID-19 epidemic has hurt a lot of the world's largest corporations. The coronavirus-driven panic is exerting pressure on global financial markets, dragging them down over and over again. However, there are three companies which experts consider resistant to the negative impact of the coronavirus outbreak. Read about them in our article
Zoom Video Communications
Experts say that this company is immune to the coronavirus. It provides remote conferencing services using cloud computing. Zoom stock has soared by almost 41% since the COVID-19 outbreak. Since the beginning of 2020, the stock has climbed by 57%, hitting an all-time high of $111.80. The video conference software provider is also ready to offer effective tools for remote work. As the virus spreads, employees will be forced to work from home. In this situation, Zoom services will be in demand.
Netflix
The second company which is considered resilient to the large-scale epidemic is Netflix, a global provider of audio and video information. Experts believe that the spread of COVID-19 in the United States will increase the demand for Netflix media services. At the end of January 2020, the company's stock rose by 6%, adding more than 11% since the beginning of the year. The coronavirus spread can force most people to stay at home and use Netflix content as a leisure activity. In February, the streaming giant reported strong quarterly revenue growth and its subscriber base of 167 million.
Tomorrow Advancing Life Education Group (TAL)
TAL Education Group, a company providing online tutoring services for primary and secondary school students in China, is considered to be the third company capable of confronting the coronavirus spread. In addition, the company specializes in online education, which is highly relevant during the outbreak. Distance learning is gaining popularity in China. Since the end of January 2020, TAL stock has gone up by 5%, adding almost 18%, while its market capitalization has achieved $34 billion. The company's quarterly earnings report turned out to be rather strong. The number of students soared by 66%, exceeding 2.3 million.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
