Due to the coronavirus, most of the economy is hurting. While many stores are being forced into layoffs, big tech is actually benefitting from the recent crisis.
In fact, Amazon recently just hired 100,000 warehouse workers to meet growing demand. While many people are opting to buy stuff online rather then venture to stores and risk falling ill, Amazon has seen a major hike in costumers.
Another company that is actually benefitting from the recent crisis is Microsoft, with the numbers using its software for online collaboration climbing nearly 40 percent in the past week. Many people have to use its software for job collaboration as offices chose to work online.
Even Zoom, an application used by many colleges (even PSU) for online courses, has seen an increase in foot traffic.
These businesses have a huge responsibility to keep the economy at least somewhat afloat in a time when many businesses are hurting.