First and foremost, congrats to the Kansas City Chiefs for their first Super Bowl victory in 50 years.
The top stories in business news include Apple’s store closures, an update on the coronavirus, and Alphabet’s earnings after the bell.
Let’s start by giving an update on the coronavirus. There are now over 17,000 confirmed cases of the coronavirus.
Over 360 people have died from the virus. And, over the weekend, the Philippines reported the first death from the virus outside of China.
Now, how is that impacting Apple?
Apple has announced that its temporarily closing its 42 stores in mainland China due to the virus.
However, its online store will remain open.
And, finally, earnings.
Alphabet is reporting earnings after the bell today.
Analysts are forecasting GAAP earnings per share of $12.50 on revenue of$38.4 billion.
Online real estate platform CrowdStreet delivers investors a new way to diversify their portfolios with real estate. Individual investors can use CrowdStreet’s leading online marketplace to connect with a wide array of commercial real estate opportunities and projects to make investing in real estate easy! Download the Real Estate Guide.