Uber Technologies Inc (NYSE: UBER) has reportedly inked a deal that will allow it to acquire a food delivery company called Postmates for $2.65 billion through an all-stock deal. The acquisition aligns with Uber’s plan to double down on the food delivery business, and Postmates is the perfect match since it has already built a
Month: July 2020
Editors Note: Have a great 4th of July weekend. The markets are closed Friday, July 3rd, so Call Put Strike will resume publishing on Monday, July 6, 2020. The final trading day of the week ended in the positives for major indexes. The Dow Jones rose by 0.36%, the S&P 500 by 0.45%, and the
Wednesday brought with it the start of a new quarter, which has started off strong. The Dow Jones rose by 0.16%, the S&P 500 by 0.7% and the NASDAQ by 0.98%. Tuesday closed the second quarter of the year with a rally. This was the best overall quarter since 1998, second-best one in recorded history.
The cost of living has been steadily increasing every year. This is due to many factors, one of which being volatile market conditions. Inflation is tricky to deal with because there’s no predicting how much it will increase from one year to another. However, there are a few methods that you can use to protect