Even with a gross bookings run-rate of over $30 billion, Uber remains unprofitable in its Delivery segment. Meanwhile, the company has has burned almost $10 billion in the past 4 years.
...until an economic collapse or other national calamity materializes, no matter who wins, I don’t expect a thing to change. The deep state will still remain on top and running the show, unencumbered by whoever occupies the Oval Office.
In FX, going forward it will be about the search for carry or any positive idiosyncratic stories that differentiate a country from the "low growth, low inflation, stuck politics" pack
Polls on NBC, CNN, and the major newspapers all gave the same reassuring message that only a hardcore group of knuckle-dragging racists were left supporting Donald Trump... That narrative crashed and burned this week...
