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Analysts said China will continue to seek measures including accelerating financial sector liberalization and boosting domestic consumption to shore up growth and shield the economy from external uncertainties like the ongoing trade friction with the United States.

And unlike most big waves, which are typically portended by an earthquake's violent shaking, this was a stealth attack. There were no major ground convulsions, no sirens, no text message alerts.

And where’s the Windows Phone app? A provision of the partnership agreement calls for Barnes & Noble to develop a Nook app for Microsoft’s smartphone platform. The agreement gives a specific timeframe for the development of the mobile app, but that’s one of the details redacted from the public version of the contract, so it’s not clear if the original deadline has been missed.

Analysts also said SMEs need to accelerate their push for digital transformation to gain key momentum in the market amid disruptions from the COVID-19 pandemic.

Analysts from Baird noted that the Whole Foods takeover “fits Amazon’s general criteria for an acquisition, which includes a strong brand and customer value proposition.”