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COVID’s Impact On Cloud Software Stocks

Rebound numbers from Q3 will look spectacular following the paralyzing effects of strict shelter-in-place orders in Q2. The economy is officially in a recession after posting two negative quarters of GDP growth at (5%) in Q1 and (32%) GDP in Q2. The latest estimate from Atlanta’s Fed GDPNow for Q3 2020 is showing a record rebound of 35.3%.

This represents an increase of 7.9% quarter-over-quarter and 3.1% below the pre-recession high. For comparison purposes, the Financial Crisis of 2008 bottomed at 4.0% below its pre-recession during the third and fourth quarters of its recession.

The chart above shows the projected Q3 rebound of 35.3% from the Atlanta Fed’s GDP Now released on October 6th, 2020.

Cloud and IT Budgets: Staying Objective

Some will argue the market is not the economy (which is true), however,

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Launch Your IT Career With This Complete Programming Super Bundle

If you want an example of how computer programming is everywhere in our lives, you don’t have to go any further than your pizza order. As part of its enormous rebrand several years ago, Dominos completely rebuilt how they sell you a pie to focus on the technology. The idea was to make ordering a pizza so simple you can do it with literally anything, be it an emoji, an app that loads a clock and your favorite order, or telling a voice assistant to get your pizza. They’ve even incorporated “if this then that” (IFTTT) tech to let you customize your pizza ordering experience right down to the lighting and music.

The Complete Computer Programmer Super Bundle, currently 98% off, will open the door to a new career, or sharpen your skills to advance in your current one, whether you want to pen-test networks or build a better pizza

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Verizon, NMSU work together helping Columbus students access internet

CORRECTION: This story has been updated to correct the photo captions.



a person standing in front of a brick building: From left: Maria Constantine, director, and Maggie Calderon, youth librarian, of the Columbus Village Library. Thanks to a $50,000 grant, New Mexico State University's computer science department is working with the Columbus Village Library to provide needed access to computers and internet access to students in Columbus, New Mexico.


© Courtesy photo / New Mexico State University
From left: Maria Constantine, director, and Maggie Calderon, youth librarian, of the Columbus Village Library. Thanks to a $50,000 grant, New Mexico State University’s computer science department is working with the Columbus Village Library to provide needed access to computers and internet access to students in Columbus, New Mexico.

LAS CRUCES – As online education becomes the new normal, many low-income families are struggling to find resources to allow their children to fully participate in classes. Nearly one-quarter of New Mexico’s students lack equipment and internet access at home.

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As part of the National Association for Community College Entrepreneurship COVID-19 Funding and Support program in collaboration with New Mexico State University’s computer science department, a one-year, $50,000 grant will provide both access to computers and critical online access to

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