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As countries begin to vaccinate their populations, businesses will begin to reopen. With those re-openings, and the jobs that will be restored in their wake, the economy will gradually begin to make up lost ground. As workers are rehired and incomes begin to grow, so too will consumer confidence. And both mass vaccinations and rising consumer confidence will also allow us to begin to venture out again and be social once again, which ill provided ballast to the ailing hospitality, outdoor recreation, travel, and restaurant sectors. Some businesses are better positioned to take advantage of these expected developments than others. If you’re looking to invest in stocks sure to surge when the economy reopens, look no further than these five stocks. Expedia The biggest company in travel-related search and bookings, Expedia’s stock should grow nicely as consumers begin to travel more frequently. The company owns large players in the online booking space like Orbitz, Travelocity, and...
Michelle Obama has a clear message to Silicon Valley — ban President Donald Trump and stop others from abusing their platforms. In what has been a whirlwind of the first full week of 2021, former First Lady Michelle Obama makes it clear that there is no room for bias in this nation moving forward after pro-Trump rioters stormed the U.S. Capital building on Wednesday resulting in multiple injuries and five deaths. According to TechCrunch, specifically, she calls on Silicon Valley to address its role in the chaos that took place in reference to the bias treatment of pro-Trump fanatics versus the mostly peaceful Black Lives Matter demonstrations that took place during the past summer. “Now is the time for companies to stop enabling this monstrous behavior — and go even further than they have already by permanently banning this man from their platforms and putting in place policies to prevent their technology from being used by the nation’s leaders to fuel insurrection,” wrote Obama in...
TikTok and Shopify are officially in business together, announced today. The new global partnership will allow Shopify’s over one million merchants to drive sales to TikTok’s young audience, reports TechCrunch. In addition to running marketing campaigns on the social media platform, Shopify merchants will have access to TikTok for Business features, including its ads management tool which will help turn product information into native, shareable in-Feed video content. To show off the partnership, Shopify and TikTok launched #ShopBlack, a campaign that celebrates Black-owned businesses. From Nov. 10 through Nov. 15, TikTok users can browse videos of over 40 Black Shopify merchants via the new hashtag. “TikTok is one of the world’s fastest-growing entertainment platforms with over 100 million highly engaged users in the U.S. alone,” said Satish Kanwar, Vice President of Product at Shopify. “The TikTok channel means Shopify merchants—even those without a strong TikTok following of...
