Wednesday, July 15, 2020

Notes From All Over -- Mid-Day Edition -- July 15, 2020

Chipotle: will hire another 10,000 workers to support drive-through expansion. Link here. Prior to the lock down, Starbucks was anticipating the same upsurge in drive-though over sit-down. My hunch: Starbucks is also accelerating the evolution to ~100% drive-through.

Electric trucks: another manufacturer enters the fray. Navistar to develop self-driving trucks with TuSimple. Watch for the SPACs. 

Goldman Sachs: huge earnings story. No links. Story everywhere. The thing that caught my eye(s): CNN on line and Yahoo!Finance, et al, have been warning us about horrible earnings for 2Q20 -- again, trying to set the narrative. I find it amazing how some companies are doing just fine; some doing much better than expected.

No comments:

Post a Comment