Delivery is for closers

[The beef 675] [I'm an image] “One day Uber will turn a profit...one day.” - Jeff Hey there carnivores, Markets were up on Monday as the tech sector had itself a day. And today we’re talking Uber closing the deal. Keep raging, Jeff & Jason [Image] [I'm an image] Delivery fee Uber isn’t taking no for an answer. After failing to strike a deal to purchase Grubhub, the “technology platform" (read: taxi and delivery service provider) inked a deal for a smaller food-delivery service competitor... Postmates. Uber [paid $2.65B]( in an all-stock deal, surge pricing not included. News broke that a [deal might be in the works last week]( but it wasn’t a sure thing. Postmates was weighing potential offers from other suitors and considering an IPO. Ultimately, it succumbed to the idea of Uber’s sweet, sweet shares and decided to be part of what will now be the second-largest restaurant-delivery service in the US, behind DoorDash. Postmates brings with it its valuable partnerships with Walgreens and 7-Eleven... which is great for everyone who wants roller dogs and their anti-depressants delivered at the same time. All the way up On-demand delivery has seen a huge boom during quarantine. Apparently employees are too busy pwning n00bs on COD to go out to a store. UberEats sales [doubled from the same period last year]( and Postmates was up 50% in Q2 compared to Q1 this year. Even Grubhub is up 28% YoY. Uber’s shares closed up 6% on Monday. The bottom line... "Hey... look over there!" - Dara K. during an all-hands meeting when the Uber ride-sharing slide comes up Don’t for a second let Uber’s purchase fool you. Ride-sharing is still its main business (for now) and that division’s numbers are looking a lot like every other SoftBank investment’s numbers (spoiler: piss-poor). Dara Khosrowshahi notes that things have bounced back slightly after Uber’s rides business [fell 75% in Q2]( vs. a year earlier. So what's the good news? It's now down less than 60% compared to the year prior. Not exactly the hockey stick growth investors are looking for... [Image] Triple Your Money With Three Trades In Three Weeks or Less That’s The Goal Jeff Bishop Has Set For Himself [Alternate text]( And On July 9th at 2 PM ET You’ll Find Out How [Register Here]( [I'm an image] ☑️Shut it down. The Dakota Access Pipeline, owned by Energy Transfer, MarEn Bakken, and Phillips 66, [must shut down]( within 30 days thanks to a federal court order. You might remember protests over the completion of the pipeline in 2016 turned violent, in what was certainly the most exciting thing to happen in North Dakota… ever. The shutdown will follow an environmental review, which was ordered in 2017 after the Standing Rock Sioux Tribe argued that spilled oil could endanger their water supply. It checks out. The pipeline has operated for three years, delivering oil from North Dakota to Illinois. ☑️Get those gainz. The markets definitely weren’t hungover from July 4th weekend. The Nasdaq [hit an all time high](, rising 2.2% to close at 10,433.65. Amazon, Microsoft, and Alphabet all rose at least 2%, and Amazon’s stock cracked $3k for the first time. The Dow and S&P gained 1.8% and 1.6% respectively, which sounds nice, until you look across the Pacific to China. The China Large Cap ETF gained 9.5%, as momentum continues from the country’s reopening following COVID shutdowns… that or the state run media [ran a front page]( ad telling its citizens to buy stocks. It should be noted that this positive market news follows WHO’s confirmation of over 200k new coronavirus cases worldwide on Saturday, marking the highest number set in 24 hours. My brain hurts. ☑️This might help. “[This is a house of learned doctors](.” [Regeneron Pharmaceutical will move forward]( with testing whether its COVID drug could treat infected patients or prevent others from catching ‘rona boi. It’s received positive reviews from its use on 30 COVID-19 patients in a human tests so far. But that’s not all. Becton Dickinson [received FDA approval]( for a fifteen-minute hand-held COVID-19 test. The test device is about the size of an iPhone, and would bring quicker and cheaper testing to more concerned citizens and doctors around the country. ☑️+Subscribers. Disney+ got a huge bump this past weekend from the addition of 'Hamilton' to its collection. [Downloads for the mobile app]( were 74% higher than any weekend the month prior. Mickey and the gang had 54.5M subscribers as of this past May. In other Disney news, Colin Kaepernick [will join Disney]( to produce content about racial and social injustice. It will be distributed across ESPN, Hulu, and The Undefeated platforms. 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