Last week’s deal to purchase EAT24 delivery division from Yelp cements Grub’s position as industry leading with now more than 50% of the food delivery market.
Earnings season has officially kicked off this morning with some of the big banks such as JP Morgan (JPM) and Citibank (C) reporting mostly better than expected numbers.
Square (SQ) is the ‘other’ company founded and run by Jack Dorsey, but unlike the much maligned Twitter (TWTR), Square’s mobile payment platform, has enjoyed strong growth and a quick path to profitability.
The financials sector, especially the large money center banks like JP Morgan (JPM) and Citigroup were among the strongest performers following the election with the SPDR Financial (XLE) rallying some 20% in the month after the election.
With the advent of weekly options, there was proliferation a newsletters promising you all kinds of ridiculous returns. What they don’t tell you are the risks that come with those returns.
Much has been written about the current low volatility environment and the possible reasons, from Central Bank intervention, to interconnectivity of global markets and more sophisticated hedging strategies.