On the other hand, Amazon is going gangbusters. I wonder if covid-19 will ironically prompt a longer term re-alignment away from virtual interaction in favour of real-world connections, as people realize how much they miss real things during lockdown.
I imagine Amazon will do well in some areas (consumers) initially, but overall will see a drop in demand as the crisis really bites - businesses have stopped ordering, and consumers will stop ordering soon to save money. It will be interesting to see how this plays out but I think US markets are far too optimistic at present, and this is going to have a very large impact economically, because it won't be over as soon as say Trump hopes, and premature attempts to reopen will be disastrous.
Strangely enough I think the disease and its impacts will have far less impact on our behaviour than the economic impact of mass layoffs and shuttering the world economy for months. I don't think we've ever seen a drop in consumption of this magnitude and the road back to normality will be slow.
2. All companies are facing a cash crunch, gov loans are slow to arrive and they have fixed costs like rent
3. Companies need to conserve cash, turning off ads is a click of a button, and given no demand, it's an obvious choice
This is going to be bad for google and Facebook if it lasts any significant amount of time.