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12.06.26 - 04:36
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Fed Up With Food Delivery App Fees & Tips? Barclays Has Terrific News (ZeroHedge)
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Fed Up With Food Delivery App Fees & Tips? Barclays Has Terrific News
Whether consumers are ordering from Uber Eats or DoorDash, delivery costs before tips now average roughly $8 to $10 per order. Add in the tip, and the basic meal for one at Chipotle, such as a burrito bowl, moves into unaffordable territory for many working-class folks. The result is that food delivery, once pitched as a mass-market convenience, is increasingly looking like a discretionary luxury.
Barclays internet equity analyst Ross Sandler penned a note on Wednesday titled "Autonomous Food Delivery Likely Hits Critical Mass By 2030," covering how automation in last-mile delivery could push delivery costs down to as little as $1 per order.
"The promise of autonomous food delivery is still a few years out, but showing very positive signals in markets that have been quick to embrace it. AVs should reduce the cost of delivery for both marketplaces (currently $8-$10 per order) and for consumers (tipping, $5 per ...
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05.06.26 - 16:36
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Chipotle vs Starbucks: One Turnaround Is Real, One Is Just Smoke (24/7 Wall St.)
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Two beaten-down restaurant names, one decision: should a retirement-focused investor put fresh capital into Starbucks (NASDAQ: SBUX) or Chipotle Mexican Grill (NYSE: CMG) right now? Both stocks have been punished, but for opposite reasons. Starbucks has rallied off its lows as a turnaround takes hold, while Chipotle has cratered as its growth story collapsed into ... Chipotle vs Starbucks: One Turnaround Is Real, One Is Just Smoke...
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05.06.26 - 14:00
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Here Are Friday′s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart, and More (24/7 Wall St.)
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Pre-Market Stock Futures: Futures are trading mixed on Friday as we prepare to close out one of the craziest weeks on Wall Street this year. On a day when we saw yet another all-time high, investors rotated out of chip stocks and into healthcare and industrials after Broadcom (NASDAQ: AVGO) posted disappointing results. When the ... Here Are Friday's Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart, and More...
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