|Day's range||6.90 - 8.10|
Nick Vyas, executive director of the Center for Global Supply Chain Management at the University of Southern California, said the effects of COVID-19 on the world's supply chain are far-reaching. “I would call this a once-in-a-century disruption that we’re facing,” he said. “What makes it even more unique is that the disruptions aren’t happening all at the same time. It’s moving from country to country, continent to continent.”
The Zacks Analyst Blog Highlights: American Express, McDonald's, Walt Disney, UnitedHealth Group and International Business Machines
There are already a number of resources available for mapping the spread of confirmed COVID-19 cases both in the U.S. and globally, but IBM and its subsidiary The Weather Company have launched new tools that bring COVID-19 mapping and analysis to more people via their Weather Channel mobile app and weather.com. Existing tools are useful, but come from fairly specialized sources including the World Health Organization (WHO) and Johns Hopkins University. This new initiative combines data fro these same sources, including global confirmed reported COVID-19 cases, as well as reported data from sources at both the state and county level.
The Dow posted its best day since 1933 after lawmakers said that they were close to a deal on coronavirus rescue package. We have, thus, highlighted such components of the benchmark index that were up 10% or more.
Here we discuss how tech giants including Microsoft (MSFT) and others are leaving no stone unturned to address COVID-19 crisis in innovative ways, backed by AI, ML and cloud computing capabilities.
During today's White House coronavirus task force press conference, President Trump announced the launch of a new public/private consortium to "unleash the power of American supercomputing resources." The members of this consortium are the White House, the Department of Energy and IBM . Other companies, including Google, Amazon and Microsoft, as well as a number of academic institutions, are also "contributing lots of different things," the president said.
(Bloomberg) -- The White House Office of Science and Technology Policy on Monday unveiled a new database with thousands of scientific articles about the coronavirus in an effort to help public health experts combat the worsening pandemic.U.S. Chief Technology Officer Michael Krastios told reporters that the new database is a “call to action” for tech companies to use artificial intelligence to mine the research to answer important questions about the virus.The new database, which already has some 29,000 scholarly articles, is the latest effort by tech companies and the Office of Science and Technology Policy to coordinate a response to the health crisis.Last week, Krastios led a call with Amazon.com Inc., Apple Inc., Microsoft Corp. and International Business Machines Corp. to discuss how tech platforms can combat misinformation about the virus and products on the internet.Eric Horvitz, Microsoft’s chief scientific officer, said the database will help scientists stay on top of “thousands of articles.”Other groups working on the effort include the Allen Institute for AI, a research organization started by Microsoft co-founder Paul Allen and the Chan Zuckerberg Initiative, a philanthropy group created by Facebook Inc. Chief Executive Officer Mark Zuckerberg and his wife, Priscilla Chan.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Although we do not know when the downtrend will end, especially at the time when the coronavirus is still spreading across the globe, three simple observations may provide a silver lining.
Unfortunately for some shareholders, the International Business Machines (NYSE:IBM) share price has dived 34% in the...