American Ingenuity -- It Never Quits -- Jeep Track 'N Go -- July 5, 2016

********************************

Starbucks

I was just starting to go back to Starbucks after "boycotting" if for about a year -- even closing out my Starbucks "loyalty card." I stopped going after Starbucks announced it was going to raise prices, and because the experience was getting a bit old.

But I started going back, occasionally. But it looks like this, too, will end. Starbucks has announced it will raise prices by as much as 30 cents.

********************************

Comcast-Netflix Agreement

Recode reports:

Cable giant Comcast will allow popular web video streaming service Netflix onto its X1 platform, the companies confirmed after being asked by Recode about talks to do so.

Said the pair in a statement: “Comcast and Netflix have reached an agreement to incorporate Netflix into X1, providing seamless access to the great content offered by both companies. We have much work to do before the service will be available to consumers later this year. We'll provide more details at that time.”

Sources said the deal to be on the cable giant’s set-top box would be akin to the arrangement that Netflix has cut with smaller cable operators in the United States and bigger ones across the globe. Basically, the Netflix app is present on the X1 platform, for users to sign into, making it easier than using other ways to do so.

Netflix also has deals with Apple, Roku and Google’s Chromecast, with its app offered on these Internet TV services. It also is embedded in smart televisions. 

A big whoop.

********************************

On A Day When The Dow Drops 100+ Points, There Are 204 New 52-Week Highs

Including:

• ATT (a big whoop)
• Black Hills (BKH) (a big whoop, but not for me, someone else)
• MDU (who wudda guessed?)
• NextEra Energy

Only 28 issues hitting new 52-week lows. 

From SiliconBeat:

Musk is fighting back against the increasing pressure, tweeting today about a Fortune article that quotes him as saying the fatal accident “is not material to the value of Tesla.” The article looked at the timing of the release of the news of the accident, which occurred on May 7 but wasn’t disclosed by the NHTSA until last week. In the meantime, Tesla raised money in a stock offering in mid-May.

MuskMelon appears as tone deaf as Hillary. 

When one looks at the luxury EV market, it seems these models would be a huge distraction for the manufacturer.