Page 11909 – CWEB

Amazon Faces a Huge Challenge from Walmart and Shopify

CWEB Staff

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July 30, 2020

Amazon Faces a Huge Challenge from Walmart and Shopify

Walmart Inc. (WMT) NYSE is partnering with e-commerce platform Shopify Inc. (SHOP) NYSE expanding its third-party online marketplace as it takes on additional market share to compete with Amazon (AMZN). Walmart will be adding 1,200 Shopify sellers to its e-commerce platform. Walmart looks to takeaway Amazon’s dominance in e-commerce.

Shopify has also signed a partnership with Facebook with Facebook Shops initiative so their merchants can gain even more exposure to the billions of Facebook members.

Jeff Clementz, vice president of Walmart’s marketplace said in a news release. “We are focused on U.S.-based small and medium businesses whose assortment complements ours.”

Mr. C. Douglas McMillon is the President, CEO & Director of Walmart: Doug is a Genius and a longtime champion of Walmart’s customers, its associates and the company’s culture. He was named president and CEO in 2014. From 2009 to 2014 he was president and CEO of Walmart International, and from 2005 to 2009 he served as president and CEO of Sam’s Club.

Top Institutional Holders Walmart

Holder Shares Date Reported % Out Value

Vanguard Group, Inc. (The) 137,634,260 Mar. 30, 2020 4.86% 15,638,004,621

Blackrock Inc. 90,196,443 Mar. 30, 2020 3.18% 10,248,119,853

State Street Corporation 70,902,390 Mar. 30, 2020 2.50% 8,055,929,551

FMR, LLC 22,899,929 Mar. 30, 2020 0.81% 2,601,889,932

Geode Capital Management, LLC 21,186,737 Mar. 30, 2020 0.75% 2,407,237,057

Bank of America Corporation 20,967,213 Mar. 30, 2020 0.74% 2,382,294,741

Top Institutional Holders Shopify

Holder Shares Date Reported % Out Value

FMR, LLC 8,778,030 Mar. 30, 2020 8.17% 3,659,824,047

Baillie Gifford and Company 6,023,962 Mar. 30, 2020 5.61% 2,511,570,476

Morgan Stanley 5,248,062 Mar. 30, 2020 4.88% 2,188,074,489

Capital World Investors 4,875,199 Mar. 30, 2020 4.54% 2,032,616,719

WCM Investment Management, LLC 3,290,730 Mar. 30, 2020 3.06% 1,372,004,058

Vanguard Group, Inc. (The) 3,004,041 Mar. 30, 2020 2.80% 1,252,474,814

CWEB.com is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, CWEB.com relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.

Pfizer And Biontech Announce an Agreement With U.S Government for Up To 600 Million Doses of Biontech Covid Vaccine

CWEB Staff

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July 30, 2020

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Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) today announced the execution of an agreement with the U.S. Department of Health and Human Services and the Department of Defense to meet the U.S. government’s Operation Warp Speed program goal to begin delivering 300 million doses of a vaccine for COVID-19 in 2021. Under the agreement, the U.S. government will receive 100 million doses of BNT162, the COVID-19 vaccine candidate jointly developed by Pfizer and BioNTech, after Pfizer successfully manufactures and obtains approval or emergency use authorization from U.S. Food and Drug Administration (FDA).

Pfizer And Biontech Announce an Agreement With U.S Government for Up To 600 Million Doses of Biontech Covid Vaccine

Pfizer Inc. (PFE) NYSE – shares and BioNTech rose more than 5% in pre-market trading.

Pfizer’s Market Cap is 212.628B

Forward Dividend & Yield:1.52 (4.14%)

Ex-Dividend Date: July 30, 2020

The U.S. government will pay the companies $1.95 billion upon the receipt of the first 100 million doses, following FDA authorization or approval. The U.S. government also can acquire up to an additional 500 million doses.

Americans will receive the vaccine for free consistent with U.S. government’s commitment for free access for COVID-19 vaccines.“We’ve been committed to making the impossible possible by working tirelessly to develop and produce in record time a safe and effective vaccine to help bring an end to this global health crisis,” said Dr. Albert Bourla, Pfizer Chairman and CEO. “We made the early decision to begin clinical work and large-scale manufacturing at our own risk to ensure that product would be available immediately if our clinical trials prove successful and an Emergency Use Authorization is granted. We are honored to be a part of this effort to provide Americans access to protection from this deadly virus.”

“Expanding Operation Warp Speed’s diverse portfolio by adding a vaccine from Pfizer and BioNTech increases the odds that we will have a safe, effective vaccine as soon as the end of this year,” said HHS Secretary Alex Azar. “Depending on success in clinical trials, today’s agreement will enable the delivery of approximately 100 million doses of this vaccine to the American people.” Source Pfizer

Top Institutional Holders

Holder Shares Date Reported % Out Value

Vanguard Group, Inc. (The) 461,976,599 Mar 30, 2020 8.32% 15,078,916,191

Blackrock Inc. 424,070,197 Mar 30, 2020 7.63% 13,841,651,230

State Street Corporation 292,621,398 Mar 30, 2020 5.27% 9,551,162,430

Capital World Investors 224,808,113 Mar 30, 2020 4.05% 7,337,736,808

Wellington Management Company, LLP 218,676,145 Mar 30, 2020 3.94% 7,137,589,372

Geode Capital Management, LLC 89,953,885 Mar 30, 2020 1.62% 2,936,094,806

Bank of America Corporation 86,668,244 Mar 30, 2020 1.56% 2,828,851,484

op Mutual Fund Holders

Holder Shares Date Reported % Out Value

Vanguard Total Stock Market Index Fund 162,364,727 Mar 30, 2020 2.92% 5,299,584,689

Vanguard 500 Index Fund 113,925,168 Mar 30, 2020 2.05% 3,718,517,483

Washington Mutual Investors Fund 67,478,273 Apr 29, 2020 1.21% 2,588,466,552

Vanguard Specialized-Health Care Fund 64,114,628 Apr 29, 2020 1.15% 2,459,437,130

SPDR S&P 500 ETF Trust 59,033,690 May 30, 2020 1.06% 2,254,496,621

American Balanced Fund 53,532,000 Mar 30, 2020 0.96% 1,747,284,480

Income Fund of America Inc 50,240,000 Apr 29, 2020 0.90% 1,927,206,400

ALBERT BOURLA, DVM, PH.D. Chairman and Chief Executive Officer, Pfizer

During his more than 25 years at Pfizer, Albert has built a diverse and successful career, holding a number of senior global positions across a range of markets and disciplines. Prior to taking the reins as CEO in January 2019, Albert served as the Pfizer’s Chief Operating Officer (COO) beginning in January 2018, responsible for overseeing the Company’s commercial strategy, manufacturing, and global product development functions.

Previously, from February 2016 to December 2017, Albert served as Group President of Pfizer Innovative Health, which comprised the Consumer Healthcare, Inflammation & Immunology, Internal Medicine, Oncology, Rare Disease and Vaccines business groups. In addition, he created the Patient and Health Impact Group, dedicated to developing solutions for increasing patient access, demonstrating the value of Pfizer’s medicines, and ensuring broader business model innovation. Source: Pfizer

Source Image : Volodymyr Hryshchenko and CWEB

Microsoft Stock Will Explode Like a Volcano

Business

CWEB Staff

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July 30, 2020

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Microsoft Stock Will Explode Like a Volcano

Goods Things are happening at Microsoft Corporation (MSFT) Nasdaq —

FedEx and Microsoft announced a multiyear collaboration on May 18 combining logistics and computing to give customers better insight on their supply chains. This partnership will give an unprecedented level of data-driven insight” for customers. Based on 23 analysts offering 12-month price targets for Microsoft in the last 3 months.

The average price target is $200.68 with a high forecast of $220.00 and a low forecast of $180.00. The average price target represents a 11.32% increase from the last price of $180.28. Source: Tip Ranks.

Satya Nadella Chief Executive Officer joined Microsoft in 1992 and has transformed some of Microsoft’s biggest product offerings.

Microsoft Cloud Strength Drives Third Quarter Results-Revenue was $35.0 billion and increased 15%.Operating income was $13.0 billion and increased 25%. Net income was $10.8 billion and increased 22%.Diluted earnings per share was $1.40 and increased 23%.

OVID-19 Impact displayed that in the third quarter of fiscal year 2020, COVID-19 had minimal net impact on the total company revenue. Microsoft returned $9.9 billion to shareholders in the form of share repurchases and dividends in the third quarter of fiscal year 2020, an increase of 33% compared to the third quarter of fiscal year 2019.

As always Microsoft is part of groundbreaking innovation across major industries. “The U.S. Centers for Disease Control and Prevention released a COVID-19 assessment bot, powered by Microsoft’s Healthcare Bot service running on Azure, to help organizations screen patients for potential infection and care options. “Source: Microsoft Press Release.

Microsoft owns LinkedIn, which Is a powerful social media platform. The stock makes a great investment for those seeking long-term gains all the way into retirement.

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Follow us on https://seekingalpha.com/user/764789/instablogs#instablogs

Photo Credit: https://www.flickr.com/photos/bagogames/14292317785

CWEB.com is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, CWEB.com relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.

Dodgers Break the Bank with Mookie Betts Signing $365 Million Dollar Contract Extension

CWEB Staff

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July 30, 2020

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Dodgers Break the Bank with Mookie Betts Signing $365 Million Dollar Contract Extension

Credit: Frederick Dennstedt from los angeles, usa – Dodger Stadium

Mookie Betts has not played an official Major League Baseball game with the Los Angeles Dodgers, but that didn’t stop them from signing the 4-time All Star to a mega 12-year, $365 million dollar contract extension, with a whopping record-breaking $65 million dollar signing bonus.

The monster deal guarantees the former AL MVP & 3-time Silver Slugger Award winner his current annual salary of $10 million (the prorated amount of his $27 million salary) in addition to the $65 million, regardless if there’s an MLB work stoppage due to Covid-19 during the 2020 season and beyond. The MLB season is set to start today with the Dodgers taking the field for their first regular season game of the year against the San Francisco Giants, at Dodger Stadium @7:07pm PST.

Betts, a natural born leader, who will be 28 years old in October, is now set to patrol right field for the Dodgers, with his 4 American League Gold Gloves Awards, he won as a member of the Boston Red Sox. Betts was traded to the Dodgers, along with David Price, in a salary dump by the Red Sox during last year’s off-season for a package which included young prospect, Alex Verdugo & a handful of Minor League players. The timing of this signing is perfect for the Dodgers and what all Los Angeles fans have been hoping for because if MLB decided to cancel the 2020 season, the Dodgers could of lost Betts’s services entirely as he was set to become a free agent going to the 2021 season.

The signing of Betts came out of nowhere for the Dodgers but shouldn’t come as a surprise because the decision was a no brainer for LA’s GM Andrew Friedman, even though Betts has yet to have one official at-bat with the Dodgers, who are coming off 7 straight National League titles. The Dodgers have very deep pockets but haven’t pulled the trigger like this before with such a major splash.

The addition of Betts now gives the Dodgers two of the most potent all-around players in MLB, along with reigning 2019 NL MVP Cody Bellinger, along with a cast of other All Stars & sluggers. During his time with the Red Sox, Betts cemented himself as one of the best offensive & defensive players in the MLB and over a span of the last 4 years Betts has slashed .302/374/524 while averaging 27 home runs, 43 doubles, and 24 stolen bases. The signing of Betts turns his elite team into potentially a historically dominant one, as the Dodgers tries bringing a World Series title back to LA for the first time since 1988. And this decision to extend Betts’s contract, they have the chance to become a dynasty.

How Google’s New Weather AI Will Make Sure You Never Get Caught in the Rain

CWEB

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July 30, 2020

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How Google’s New Weather AI Will Make Sure You Never Get Caught in the Rain

Among the many things we’ve become addicted to on our smartphones is checking the weather. If you’re anything like me, you open a weather app at least twice a day: in the morning to know what to expect for the day ahead, maybe before your commute home so you can prepare for possible rain or snow, and sometimes before bed to get an idea of what to wear or what activities to plan for the next day. Depending where you live, how much time you spend outside, and how prone your area is to rapid weather changes, maybe you check the forecast even more frequently than that.

The fact that our phones now contain hour-by-hour breakdowns of temperature and likelihood of precipitation means we can be well-informed and well-prepared. But these forecasts are coming at a greater cost than we know, and they’re not always right.

On Monday, a post on Google’s AI blog shared a machine learning method the company is developing for weather prediction. Google calls the technique “nowcasting” because it’s set up to predict weather zero to six hours ahead of time, and is focused around weather events like thunderstorms that can quickly morph from clear skies to heavy rains to gusting wind and back again.

By simplifying its methodology and actually using less data than existing forecasting techniques, the company believes it can give us accurate, timely weather predictions, especially ones relating to precipitation.

One of the biggest problems with existing forecasting is the amount of data it incorporates, and the amount of computing power needed to process and make sense of all that data. The US National Oceanic and Atmospheric Administration (NOAA) alone collects 100 terabytes of data per day. It’s input to forecasting models that simulate everything from atmospheric dynamics and thermal radiation to lake and ocean effects.

The forecasting engines run on supercomputers, but they’re limited by their heavy need for computing power. According to Google’s blog post, computational demands limit weather prediction to a spatial resolution of about 5 kilometers (3.1 miles), and the simulations take several hours to run. If, for example, it takes six hours to compute a forecast, that allows only three to four runs per day and results in forecasts based on data that’s six hours old or more.

Google presents its method as being far simpler, describing it as highly localized, data-driven, physics-free, and low-latency. Essentially, the method turns weather forecasting into a computer vision problem; based on progressive images of the formation and movement of clouds over a short time period, a machine learning algorithm predicts how the pattern will evolve over the subsequent few hours.

Specifically, Google uses a convolutional neural network (CNN), a type of deep learning algorithm whose architecture is particularly conducive to image analysis. The “physics-free” descriptor means the neural network learns only from its training data and doesn’t incorporate knowledge of how the atmosphere works; all it has to go off of are patterns it identifies in the images it’s fed.

Google points out that from a computing power perspective, this method is much more economical than existing forecast techniques, especially once the model is already trained. The company claims its algorithm can generate forecasts that have a one-kilometer resolution with a latency of five to ten minutes.

When compared to three common forecasting models–the NOAA’s high resolution rapid refresh numerical forecast, an optical flow algorithm, and a persistence model–Google claims the precision of its method outperformed all of these for prediction timespans of less than five to six hours, emphasizing that low latency makes its predictions “effectively instantaneous.”

So instead of checking the weather on our phones a couple times a day or every few hours, it may not be long before we can access accurate forecasts every minute.

We could also just look out the window–or put our phones down and go for a walk outside.

Image Credit: Todd Diemer , CWEB

By Vanessa Bates Ramirez

This article originally appeared on Singularity Hub, a publication of Singularity University.

Microsoft Store Announces New Approach to Retail

CWEB Staff

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July 30, 2020

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Microsoft Store Announces New Approach to Retail

REDMOND, Wash. – June 26, 2020 – Microsoft Corp. (NASDAQ: MSFT) (“Microsoft”) today announced a strategic change in its retail operations, including closing Microsoft Store physical locations. The company’s retail team members will continue to serve customers from Microsoft corporate facilities and remotely providing sales, training, and support. Microsoft will continue to invest in its digital storefronts on Microsoft.com, and stores in Xbox and Windows, reaching more than 1.2 billion people every month in 190 markets. The company will also reimagine spaces that serve all customers, including operating Microsoft Experience Centers in London, NYC, Sydney, and Redmond campus locations. The closing of Microsoft Store physical locations will result in a pre-tax charge of approximately $450M, or $0.05 per share, to be recorded in the current quarter ending June 30, 2020. The charge includes primarily asset write-offs and impairments. Source Microsoft

Microsoft Corp. on Wednesday announced that its board of directors declared a quarterly dividend of $0.51 per share. The dividend is payable Sept. 10, 2020, to shareholders of record on Aug. 20, 2020. The ex-dividend date will be Aug. 19, 2020. Source: Microsoft

Satya Nadella: Microsoft Inspire 2020 Keynote Speech July 22, 2020

“Let’s start with Azure. More than ever, organizations are relying on Azure to stay up and running and support critical workloads, from healthcare triage with AI-assisted bots to digital twins in manufacturing to e-commerce in retail.

We are the only cloud that extends to the edge, from Azure Edge Zones for 5G to Azure Sphere for secure IoT. And we’re removing barriers for anyone who wants to migrate to the cloud by addressing their data sovereignty and regulatory needs.

We have 61 datacenter regions today, more than any other cloud provider, and more compliance certifications with 90-plus. In fact, we announced seven new datacenter regions this last fiscal year alone, in Italy, Israel, Mexico, New Zealand, Poland, Qatar and Spain.” Source Microsoft

“Our sales have grown online as our product portfolio has evolved to largely digital offerings, and our talented team has proven success serving customers beyond any physical location,” said Microsoft Corporate Vice President David Porter. “We are grateful to our Microsoft Store customers and we look forward to continuing to serve them online and with our retail sales team at Microsoft corporate locations.”

Microsoft Corp (MSFT)Market Cap 1598.42 Billion

July 22, 2020 2:30 PM — PT Microsoft Fiscal Year 2020 Fourth Quarter Earnings Conference Call Satya Nadella, CEO and Amy Hood, EVP & CFO Source:

Satya Nadella is Chief Executive Officer of Microsoft. Before being named CEO in February 2014, Nadella held leadership roles in both enterprise and consumer businesses across the company. Joining Microsoft in 1992, he quickly became known as a leader who could span a breadth of technologies and businesses to transform some of Microsoft’s biggest product offerings.Most recently, Nadella was executive vice president of Microsoft’s Cloud and Enterprise group. In this role he led the transformation to the cloud infrastructure and services business, which outperformed the market and took share from competition. Previously, Nadella led R&D for the Online Services Division and was vice president of the Microsoft Business Division. Before joining Microsoft, Nadella was a member of the technology staff at Sun Microsystems. Source: Microsoft

(NASDAQ: MSFT) CWEB Analysts view the stock as a long term growth and a great addition to your investment portfolio with an upward momentum of $500 by 2021

Image Source : Franc. V

Tesla Soars Past Earnings Expectations. What’s Ahead for the Company

CWEB Staff

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July 30, 2020

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Tesla Soars Past Earnings Expectations. What’s Ahead for the Company

Tesla on Wednesday posted a profit for four straight quarters now to considered in the stock index of the largest U.S. companies and be considered to be an addition on the S&P 500 index.

The facts are in:

Earnings: $2.18 (ex-items) vs. 3 cents per share, expected.

Revenue: $6.04 billion vs. $5.37 billion, expected.

Net income: $104 million (GAAP)

Tesla reinitiated its guidance for half a million vehicle deliveries this year.

NASDAQ: TSLA Elon Musk’s SpaceX in talks to raise funds at $44 billion valuation Bloomberg News reported on Thursday.

Tesla Inc. (TSLA) Nasdaq Elon Musk is a South African-born American entrepreneur and businessman who founded X.com in 1999 (which later became PayPal), SpaceX in 2002 and Tesla Motors in 2003.

As lead designer at SpaceX, Elon oversees the development of rockets and spacecraft for missions to Earth orbit and ultimately to other planets. In 2008, the SpaceX Falcon 1 was the first privately developed liquid fuel rocket to reach orbit, and SpaceX made further history in 2017 by re-flying both a Falcon 9 rocket and Dragon spacecraft for the first time.Source:Tesla

Elon is also CEO of Neuralink, which is developing ultra-high bandwidth brain-machine interfaces to connect the human brain to computers. He also launched The Boring Company, which combines fast, affordable tunneling technology with an all-electric public transportation system in order to alleviate soul-crushing urban congestion and enable high-speed, long-distance travel. The Boring Company built a 1.15-mile R&D tunnel in Hawthorne, and is currently constructing Vegas Loop, a public transportation system at the Las Vegas Convention Center. Previously, Elon co-founded and sold PayPal, the world’s leading Internet payment system, and Zip2, one of the first internet maps and directions services.Source:Tesla

Institutional Ownership stands at 54.8%

Major Holders

20.51% % of Shares Held by All Insider

57.93% % of Shares Held by Institutions

72.87% % of Float Held by Institutions

1,319 Number of Institutions Holding Share

Top Institutional Holders

Holder Shares Date Reported % Out Value

Baillie Gifford and Company 12,076,416 Mar 30, 2020 6.51% 6,328,041,984

Capital World Investors 10,714,131 Mar 30, 2020 5.78% 5,614,204,644

Vanguard Group, Inc. (The) 8,662,781 Mar 30, 2020 4.67% 4,539,297,244

Blackrock Inc. 7,213,587 Mar 30, 2020 3.89% 3,779,919,588

FMR, LLC 4,615,556 Mar 30, 2020 2.49% 2,418,551,344

Jennison Associates LLC 4,320,630 Mar 30, 2020 2.33% 2,264,010,120

State Street Corporation 3,095,851 Mar 30, 2020 1.67% 1,622,225,924

JP Morgan Chase & Company 2,816,285 Mar 30, 2020 1.52% 1,475,733,340

Goldman Sachs Group, Inc. 2,702,701 Mar 30, 2020 1.46% 1,416,215,324

BAMCO Inc. 1,615,174 Mar 30, 2020 0.87% 846,351,176

CWEB Analysts see (TSLA) Nasdaq as a potential for long term growth and a great addition to one’s portfolio and upward of $2000 by 20121.

Elon Musk has already sent pairs of short shorts to David Einhorn and has message to all short traders. Don’t Mess with Tesla!

CWEB

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July 30, 2020

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Elon Musk has already sent pairs of short shorts to David Einhorn and has message to all short traders. Don’t Mess with Tesla!

“Limited edition short shorts now available,” CEO Elon Musk tweeted on Sunday.

Elon Musk has already sent pairs of short shorts to David Einhorn, who has a big short position on Tesla (NASDAQ:TSLA), and announced a similar shipment destined for the SEC.

The shorts cost $69.420, the last three digits an apparent reference to Musk’s infamous tweet in 2018 that he was considering taking Tesla private for $420 per share, with 420 also a code word for cannabis.

As of mid-June, more than 15M shares of TSLA stock were being sold short and are currently valued at more than $18B, making Tesla by far the most shorted company by valuation on the Nasdaq.

In the second quarter, Tesla produced over 82,000 vehicles and delivered approximately
90,650 vehicles.
Production Deliveries Subject to lease accounting
Model S/X 6,326 10,600 14 %
Model 3/Y 75,946 80,050 4 %
Total 82,272 90,650 5 %
While our main factory in Fremont was shut down for much of the quarter, we have successfully ramped production back to prior levels.
Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q2 earnings. Our delivery
count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct.
Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and
should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange
movements and mix of directly leased vehicles.
Source: Tesla, Inc.

CWEB Analysts see (TSLA) Nasdaq as a potential for long term growth and a great addition to one’s portfolio and upward of $2000 by 2012

The Unjust and Sham Boycott Against Facebook and Why We The People Stand With Mark!

CWEB

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July 30, 2020

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The Unjust and Sham Boycott Against Facebook and Why We The People Stand With Mark!

Recently many companies have subscribed to a notion that only feeds their bottom line. They join a list of major brands including Adidas, Clorox, Coca-Cola, Conagra, Denny’s, Ford, Starbucks, Unilever , Hershey’s, REI, The North Face, Patagonia, and Ben & Jerry’s along with others who have boycotted Facebook ads.

Hundreds of millions of children who have remained most deprived, most neglected, and most exploited are being left sometimes at the mercy of some big companies’ corporate policies.

Far more powerful and accurate than the notion of greed, is the idea of exploitation. This was the original moral condemnation that emerged in the early nineteenth century.

Money and corporate greed in some corporations have turned a blind eye to their own deceptive marketing practices. And, they have done so against one of the most successful companies in the world- Facebook. They decided to pull their advertising. It is clearly a double standard when they claim that all of a sudden, they have joined the #StopHateForProfit campaign.

So, let us get this straight. It does not bother a company like Uniliver who was one of the first companies boycotting Facebook to all of a sudden defend human rights? Facebook was a company created by young college students and geeks for social justice and people to share content and create ideas and promote small businesses. Facebook never used slavery or child labor. Unilver profited from slavery and child labor. Not only did Uniliver profit from these un-righteous acts, many companies in the food business, shoe business and chocolate business have done the same. Shouldn’t this bother you? We are here to educate the world so people like you do not create a false reporting. Facebook is giving money to hospitals and investing in research and cure to fight COVID-19 and takes a stand on many social issues.

Apologies cannot compensate an entire race of people for all of the social and economic ills they face as a result of their enslavement. They cannot address the residual effects of slavery.

For some big corporations to come down so hard on Facebook which has done nothing but connecting people around the world is the height of hypocrisy when they have not addressed their own shortcomings. What have they done to compensate people they have damaged in child labor ? Take the brush and paint an inaccurate picture when they have not talked about their own very questionable past.

What about workers’ salaries? Are this big companies paying their employees in the time of COVID-19? Are they offering health insurance to all with their massive profits?

The idea that any of these firms could or would be so inclined to start behaving in more generous and responsible ways is almost a total illusion judging by the way they attacked Facebook. Let them take retrospect when the look back at the way they manufacture their products and some with racist advertising.

Let clearly understand this from another angle. Three months of closure due to the COVID- 19 and revenue is down. Look like some of them are looking for a great headline. Watch the next earnings release reports on the companies who are claiming they are saving the world. Look at some of their history and background of how they have profited from unfair labor. Now, all of a sudden they are judging Facebook which has not done anything but being an open platform where people can express opinions and share ideas from all sides. Piers Morgan from the Daily Mail mentioned something so very correct by pointing that there is an inherent deceit at the heart of this boycott: “These firms all want to massively cut back on their advertising spend anyway due to the crisis. This way, they can claim it is all being done for virtuous reasons not financial necessity. There is an inequality here, of power, status, class, and wealth, which is built into the system which they claim they respect.” Source Daily Mail

According to the Daily Beast in a lawsuit filed alleges that some of the world’s largest chocolate makers are knowingly using child labor in Africa 2017. Some of your candy bars are made by child slavery : Source Daily Beast

Facebook will not be impacted by this unfair and unjust behavior. Companies will come back again. Facebook is a monster with a very loyal base of followers and has over 1.3 billion users. Facebook owns Instagram and WhatsApp with many more billions of users. The future of Facebook is strong.

The Facts:

- - “Founded in 2004, Facebook’s mission is to give people the power to build community and bring the world closer together. People use Facebook to stay connected with friends and family, to discover what’s going on in the world, and to share and express what matters to them.”
  - Facebook Ad Revenues for Q1: $17.44 billion up 17 percent year over year
  - Facebook currently has 48,268 employees as of March 31, 2020, an increase of 28% year-over-year.
  - E-marketer reports-“ eMarketer, Facebook’s growth is happening in developing countries where they claim Facebook will gain more than 250 million users between 2019 and 2023.”
  - Facebook is the third-most visited website outranked only by Google and YouTube.

Current 3/31/2020 12/31/2019 9/30/2019 6/30/2019 Market Cap (intraday 7/02/200) 5 665.04B 475.55B 585.37B 508.24B 550.92B Enterprise Value 3 615.09B 431.29B 542.24B 467.45B 512.88B

Revenue (ttm) 73.36B

Profit Margin 28.57%

Operating Margin (ttm)36.21%

Return on Assets (ttm) 13.40%

Return on Equity (ttm) 21.85%

52 Week High 3 245.19

52 Week Low 3 137.10

120.7 million Instagram users

120.7 million Instagram users are from the US. 37% of US adults use Instagram and the United States has the most number of Instagram users. 89% of users are outside the US. Six in ten online adults have Instagram accounts.

68 million WhatsApp users

WhatsApp usage in the United States:

With over 1.5 billion monthly active users, WhatsApp is the most popular mobile messenger app worldwide. As of 2019, the chat app had an estimated 68 million users in the United States, with forecasts projecting an audience size of almost 86 million users in 2023.Jan 8, 2020

Facebook has always taken steps to:

- - Stop Reducing Distribution of False News.
  - Removing Violating Content.
  - Protecting Your Vote- Committed to fighting voter interference and suppression.
  - Partnering with independent third-party fact-checkers in 2017 to review potentially false news and content.

Facebook CEO Mark Elliot Zuckerberg is an American media magnate, internet entrepreneur, and philanthropist. He is known for co-founding Facebook, Inc. and serves as its chairman, chief executive officer, and controlling shareholder.

An Article published by CNN ranked Facebook’s Zuckerberg is nation’s No 2 most charitable donor. Facebook’s Mark Zuckerberg and his wife were the second-biggest charitable donors in the United States last year, appearing behind only billionaire Warren Buffett on a list of the nation’s most generous philanthropists.

Zuckerberg, along with wife Priscilla Chan, gave roughly half a billion dollars ($498.8 million) to the Silicon Valley Community Foundation

Source CNN

NASDAQ : FB CWEB Analysts view the stock as a long term growth and a great addition to your investment portfolio with an upward momentum of $800 by 2021 and in direct competition with Amazon Shops. Facebook is heavily investing in Small Business Shopping Features.

Walmart Cares and Pays $428 Million Special Bonus to Employees

CWEB Staff

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July 30, 2020

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Walmart Cares and Pays $428 Million Special Bonus to Employees

Walmart today announced it will pay out another special cash bonus to store, club, distribution center and fulfillment center associates for their ongoing contributions and dedication to serving customers, members, and communities during this unprecedented time.

The bonus will be $300 for full-time hourly associates and $150 for part-time hourly and temporary associates. Drivers, Managers and Assistant Managers in stores, clubs, DCs, FCs and Health & Wellness will also receive a bonus. It will add up to approximately $428 million. “Our associates have been working at an incredible pace, they’ve solved problems, and they’ve set an amazing example for others,” said John Furner, President and CEO of Walmart U.S. “To further appreciate their incredible work, we are pleased to share another special cash bonus this summer.” Source Walmart

Walmart Inc. (WMT) NYSE announced it will close U.S. stores on Thanksgiving Day this year.

Walmart will present their quarterly earnings press release, management commentary will be held on Tue, August 18, 2020, 6:00 am US/Central

Profitability

Profit Margin 2.81%

Operating Margin (ttm) 4.24%M

Management Effectiveness

Return on Assets (ttm) 6.06%

Return on Equity (ttm) 20.63%

CEO Doug McMillon has been with Walmart Inc. (NYSE:WMT) since 2014. He is considered the genius who took Walmart to the next level of e-commerce operations and soon in direct competition with Amazon. From 2009 to 2014 he was president and CEO of Walmart Inc. (NYSE:WMT) International. From 2005 to 2009 he served as president and CEO of Sam’s Club. He is an excellent example how working hard and being loyal pays off in order to be successful. He is an excellent role model for other employees who desire to rise up within the ranks of the company. Source :Walmart

NYSE: WMT CWEB Analysts view the stock as a long term growth and a great addition to your investment portfolio with an upward momentum of $1000 by 2021 with direct competition to Amazon.

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