Friday, July 26, 2019

Notes From All Over, Part 2 -- July 26, 2019

Updates


Later, 5:26 p.m. CT: NASDAQ sets a new all-time closing high: 8,325.86

Later, 5:26 p.m. CT: S&P 500 sets a new all-time closing high: 3,330.21.


Original Post

Apple card: well, this ought to scare Amazon. Link here. No credit card number on the credit card.

Sprint - T-Mobile: DOJ approves the merger. Dish Network will acquire some Sprint assets to get deal approved.

BAC: Warren Buffett adds to his holdings.

BA: Southwest curtails service to Newark, NJ; not enough 737's in their fleet. 

Starbucks: based on my observations at Starbucks, if I were a gambler, I would bet my entire portfolio that "delivery" will be a goldmine for Starbucks. Link here. I don't bet. Almost no one actually sticks around drinking coffee at Starbucks any more. #1 revenue stream: drive-through #2 revenue stream: mobile ordering but walking in to store to pick up coffee. People will tire of both; will go with delivery. Office workers will order en-route and when they arrive at their desk, their coffee will already be sitting there. This is a no-brainer.

S&P 500 watch: one point away from another intra-day all-time record.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or what you think you might have read here in the last twelve years of blogging.

Wow, wow, wow -- from yesterday:
S&P 500: up 0.5% to an all-time closing high of 3,019.56; intra-day, another all-time record, at 3.019.56. At 10:19 a.m. CT, July 26, 2019 -- 3,019.55 --


One hundredth of a point from a new all-time intra-day high.

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