New Disney CEO Bob Chapek told CNBC he will also be ready for the next wave of industry disruption. "It's inevitable that those business will be disrupted and it's recognizing at that time when we'll need to shift," Chapek said.
IPC, a trade group that represents contract manufacturers and other suppliers of electronic parts, said that 84% of the companies it surveyed are worried about coronavirus delays.
Amazon's one-day delivery has increased expectations "for e-commerce shipping times, as two-day shipping may seem too slow before we know it," Morgan Stanley analyst Brian Nowak said in a note on Sunday.
Comcast can use Xumo's prime placement on smart TVs to market or showcase Xfinity and other Comcast services and can use its technology to build future streaming products.
Microsoft benefited from strong sales of Windows licenses for business PCs as companies rushed to upgrade their hardware before Microsoft stopped supporting Windows 7 in January. That trend should continue, but factory work stoppages in China could delay sales into later quarters.
Apple and Johnson & Johnson announced a new "Heartline" study to research atrial fibrillation and to find out if the Apple Watch can be used to detect signs of stroke early.
The layoffs follow a Q4 earnings call earlier in February in which Chairman Barry Diller slammed the company's processes and work ethic, saying it had become "sclerotic and bloated"
With over 75,000 coronavirus cases confirmed in China alone, the government has mobilized its surveillance machine, a move experts said could continue even after the virus has been contained.
Last week, Apple warned that it would miss its $63 billion to $67 billion estimate for March quarter revenue due to the Coronavirus and efforts to mitigate its effect.
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