That's a hard "nein"... Last week, a German court banned Uber because it's not following all of Germany's many rules. Last month Uber lost its license to operate in London (it's still operating in both those countries while it appeals, btw). Now we have news that ex-CEO/co-founder Travis Kalanick has sold over 90% of his stock in the company he once was "super pumped" about. No news is good news for Uber these days. PS: Travis is using the cash to invest more in his new ghost kitchen startup.
Cue the Chief Freakout Officer... FedEx's 40% profit drop last quarter was "horrific" — that's according to its own CFO. Despite breaking up officially with Amazon, FedEx wants to enable your online shopping habits with 7 day shipping operations — but that requires huge spending on a ground game. And the foam roller it needs to deliver to you ASAP is way less profitable for FedEx than its historic profit puppy, air "Express" busines shipments. Despite Wall Street's skepticism (the stock is down 39% since Amazon launched 3rd party shipping), FedEx thinks its ecommerce will "start lapping" Amazon in 2021.