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Mega cap stocks like Microsoft, Amazon, and Apple are currently well below their peak, and they are expected to increase in value by between 20% and 25% over the coming few months.
The e-commerce platform has confirmed that it is opening 100 new operations sites this month, and it’s believed that most of the 100,000 employees coming on board will be deployed into these new facilities.
The cloud computing contract was contested between the giant and Amazon, with the latter accusing the DoD of making the decision under the influence of the White House.
The company has seen its value grow by a whopping 431% since its Initial Public Offering. As a result, CureVac was able to get up to $231 million in initial funding, which is expected to go towards research and development.
With the advent of online shopping along with retail stores filling for bankrupcy, Amazon seeks to turn unused department stores into fulfillment centers.
In an email sent to employees by the CEO Sundar Pichai, the company announced that remote work will be extended till next summer, and this will likely affect global contractors in major headquarters.