HSBC says buy these 31 global stocks that are exposed to the pandemic’s biggest tech disruptions and set to become growth engines of the future

“We can see this in the way people are behaving as employees (working from home), as students (online education), as consumers (e-commerce), when seeking entertainment (virtual events, e-sports), and when needing medical advice (e-medicine),” HSBC analysts wrote in a global research report.

  • HSBC asked its global analysts to examine four themes linked to digital disruption, which are connectivity, automation, experiential, and digital health.
  • The analysts outlined the opportunities corresponding to each of the four central areas of growth and highlighted 31 global stocks most suited to play the themes. 
  • Visit Business Insider’s homepage for more stories.

“Disruptive innovation” may sound like a pair of overused Wall Street buzzwords these days, but that’s only because of how quickly and overwhelmingly digital innovations have disrupted every aspect of life and become the new normal in 2020. 

“We can see this in the way people are

Read More

Technology Provides the Solution to Remote Work’s Biggest Challenge

When the COVID-19 pandemic hit, it threw a monkey wrench into the plans of small and midsize businesses (SMBs) already grappling with the concept of remote work. Some had been testing the waters; others were deeply immersed; but it’s become increasingly clear that all must now find ways to make remote work viable at scale. Technology is the key to getting there.

Among the challenges SMB leaders face are the nuts-and-bolts logistics of providing their employees with the equipment, IT support, and other resources they need and the increased security concerns that come with remote work. The more vexing problem is finding ways to replicate the important cultural elements of the office work environment so critical to maintaining engagement, productivity, and a positive company culture.

At the start of the pandemic, Everlaw, a cloud-native e-discovery firm, already had some of its team working remotely. Since the team was already using

Read More

Amazon boasts of ‘biggest holiday season’ ever as in-store shopping plummets

Amazon says it has just had its “biggest holiday season to date” as customers turned to the site to shop rather than venturing out to physical stores. Although CNBC notes that the company did not share actual sales figures for either Black Friday or Cyber Monday, in a blog post the company revealed figures for independent sellers on its platform. Amazon says these sellers saw over $4.8 billion in sales through the two shopping days worldwide, an increase of 60 percent over last year.

“Through Cyber Monday, 2020 has been the largest holiday shopping season so far in our company’s history thanks to customers around the world,” Amazon wrote.

While Amazon’s sales reached record highs, traffic at physical stores has reportedly plummeted. Preliminary data from Sensormatic Solutions reported by CNBC said that in-store traffic fell by 52.1 percent this Black Friday compared with 2019, as customers stayed home to avoid

Read More

The biggest hacks, data breaches of 2020

Cybersecurity may be far from many of our minds this year, and in light of a pandemic and catastrophic economic disruption, remembering to maintain our own personal privacy and security online isn’t necessarily a priority. 

However, cyberattackers certainly haven’t given anyone a break this year. Data breaches, network infiltrations, bulk data theft and sale, identity theft, and ransomware outbreaks have all occurred over 2020 and the underground market shows no signs of stopping.

As a large swathe of the global population shifted to work from home models and businesses rapidly transitioned to remote operations, threat actors also pivoted. Research suggests that remote workers have become the source of up to 20% of cybersecurity incidents, ransomware is on the rise, and we are yet to learn that “123456” is not an adequate password. 

Many companies and organizations, too, have yet to practice reasonable security hygiene, and vulnerabilities pose a constant threat

Read More

Xiaomi overtakes Apple as third biggest smartphone vendor

With all that has happened this year, you’d think that the smartphone market has drastically changed over the past few months. Some might have expected Huawei to sink and Apple to reclaim its throne as the world’s Top 2. The smartphone market as a whole did shrink a bit and Huawei did lose market share but not enough for Apple to recover. In fact, the Cupertino-based company sunk even lower, allowing Xioami to finally take over a coveted Number 3 spot.

As a whole, the smartphone market in the third quarter of 2020 declined by 5.7%, at least compared to the same period last year. That said, this is actually a good period for the industry compared to the previous two quarters as companies, factories, and consumers start to get back on their feet after months of lockdowns and restrictions.

Not all phone makers, however, had a good quarter and,

Read More

Cloud and AI: The biggest trends in personal and SMB video surveillance

Presented by SpotCam

The global pandemic has put a spotlight on personal safety and security, so it’s unsurprising that the video surveillance market is surging as well. Globally, it hit $45.5 billion this year, while AI technology, which is being integrated into video surveillance products at every price point, will hit $100 billion by the year 2025.

Both consumers and small- and medium-size businesses are increasingly looking for solutions to manage the safety and security of homes, businesses and assets. More importantly, they’re in search of solutions that incorporate sophisticated new video analytics, AI and cloud-based storage technology. Manufacturers are racing to meet the demand, according to a report by IFSEC Global. This trend will grow as the impact of the global pandemic continues to make itself felt for both employees working alone at home and the companies with empty offices.

The growth of AI-powered surveillance

Video surveillance system capabilities

Read More

The biggest tech fails of 2020

If there’s anything this year has taught us, it’s that we’re more divided than ever. Whether it’s fanboy arguments over Android versus iOS, Republicans versus Democrats, or shutdowns versus opening the economy, we seemingly can’t agree on anything. Well, except for one thing: 2020 is a dumpster fire that we all can’t wait to see in our rear view mirror. 

© Brett Pearce/CNET

The coronavirus pandemic, which has infected 60 million people around the world and led to roughly 258,000 deaths in the US alone, forced an economic shutdown that eliminated more than 22 million jobs in March and April. It’s also forced a shift in how we live our lives, which we’re largely spending at home out of fear of either contracting or spreading the disease. That’s led to a particularly hard Thanksgiving holiday, with millions of people unable to spend time with their loved ones. 


Load Error

Read More

PS5 Is Sony’s Biggest Console Launch Ever and More Units Are Coming by End of 2020

Sony announced Wednesday that the PS5 was the company’s biggest console launch ever, and promised more inventory of the next-gen console will be coming to retailers for eager gamers by the end of the year.

The official PlayStation Twitter account made the proclamation Wednesday morning and thanked folks for the continued support of the PS5.

“We want to thank gamers everywhere for making the PS5 launch our biggest console launch ever. Demand for PS5 is unprecedented, so we wanted to confirm that more PS5 inventory will be coming to retailers before the end of the year – please stay in touch with your local retailers,” the account read.

Read More

PS5 Is Sony’s Biggest Console Launch Ever, More Stock Promised

After just under two weeks since launch, Sony is now calling the launch of the PlayStation 5 its “largest console launch ever,” while promising more stock before the end of the year.

The company shared the milestone on Twitter but didn’t get into the specifics of how many consoles it had sold or during what time period. The PS5 launched across a week, with the initial launch happening on November 12 and other regions only getting access on November 19. The console still launched in more regions than the PS4 did originally in 2013, where Sony sold 2.1 million units in the first two weeks.

It seems at the very least that record has been broken now.

Read More

Sony Promises More PS5 Stock After Confirming Its ‘Biggest Console Launch Ever’

Sony has been a little tight-lipped about PS5 sales to date, and that hasn’t changed much today. While they have confirmed, via a new tweet, that the PS5 is their “biggest console launch ever,” that has not come with any exact sales figures.

This is not a huge surprise, given that Jim Ryan was already previously saying that the PS5 was pre-selling more units in a few hours than the PS4 had in a few weeks. But the scale of this remains unknown. We don’t know if the PS5 is selling 30% more than the PS4 or 300% more in this same period, and that may just come down to supply, ultimately.

The tweet also says that more PS5 stock will be made available to retailers before the end of the year. No doubt there is some amount of stock being saved for a Black Friday release,

Read More