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Warm-Up
- Good overall earnings season - still going strong
- Economic reports show a mixed picture - but still good enough
- Semi-annual earnings report option gaining steam
- Saying goodbye to Spirit Airlines
- EGGS - Breaking News!
Markets
- Are markets riding tariff refund wave?
- Oil shoots up then slips back after Iran tensions rise and fall
- New Highs - NAZ100 powering ahead
- Huge Capex and OBBBA
NEED A NEW CTP
- CMG (last time was 2017)
Ship Sailing
- Seems that under the protection of the USA - a Maersk ship passed through the Strait
- But how many can they do a day like this?
- Oil down after a huge spike yesterday due to IRAN striking UAE
Big Shakeup
- US transportation stocks plunged after Amazon announced expanded logistics offerings that will turn it into a major competitor for parcel carriers and air freight companies.
- The move is a threat not just to other couriers' grasp on e-commerce, but potentially to more profitable areas such as healthcare, which UPS and FedEx have made a central part of their strategies.
- Amazon will offer freight, distribution and fulfillment, and parcel shipping to standalone customers, and its announcement "could be a watershed moment for North American freight transportation companies," according to Morgan Stanley analyst Ravi Shanker.
- FedEx Corp. shares fell 9.1% in their worst day in more than a year, while rival United Parcel Service Inc. dropped more than 10%.
-- Logistics firms Forward Air Corp. and GXO Logistics Inc. suffered double-digit declines. Old Dominion Freight Line Inc., among other truckers, slid almost 7%.
--- FYI - Did you know... last year there was a total of 23.9 BILLION packages shipped in the US. 25% was delivered by Amazon, Fed and UPS delivered a third.
Off the
