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Amazon Reportedly Orders 1,000 Autonomous Driving Systems from Plus

[ad_1] The post Amazon Reportedly Orders 1,000 Autonomous Driving Systems from Plus appeared first on Millennial Money. Ahead of its merger with special purpose acquisition company (SPAC) Hennessy Capital Investment Corp V (NASDAQ: HCIC), which was announced last month, autonomous truck startup Plus has reportedly secured an order of 1,000 autonomous driving systems from e-commerce behemoth Amazon.com (NASDAQ: AMZN). The rumor sent Hennessy Capital Investment Corp V shares up by 5% this morning, but the stock has since given back most of those gains. As of 1:15 p.m. EDT, Hennessy Capital Investment Corp V was up less than 2%. Here’s why. Amazon wants 1,000 autonomous trucks Bloomberg reports that Amazon has placed the order, but is also in negotiations to potentially buy a 20% stake in Plus. Amazon could secure the investment with warrants that give it the right to buy preferred shares at a price of approximately $0.47 per share, according to the report. The SPAC deal values Plus at a post-money equity valuation of $3.3 billion and is expected to raise $500 million in gross cash proceeds for Plus once the transaction closes in the third quarter. Landing a huge order from a giant company like Amazon would be massive validation for Plus as it continues to develop Level 4 autonomous driving technology. Self-driving vehicles have revolutionary potential for commercial fleet operators.  Amazon has been expanding its in-house logistics operations for years, displacing traditional carriers like UPS (NYSE: UPS) and FedEx (NYSE: FDX) for last-mile delivery services. The company is also electrifying its vehicle fleet, ordering 100,000 custom electric delivery vehicles from startup Rivian as well as a few smaller providers like Lion Electric Company (NYSE: LEV) and Lightning eMotors (NYSE: ZEV). Adding autonomous trucks to the mix is an obvious move for Amazon. However, the possibility of Amazon buying a large stake in Plus is offsetting the positive news, as the warrants would be meaningfully dilutive to existing shareholders.  $2.8 billion and counting The reported structure of the negotiations falls in line with Amazon’s pattern of accumulating warrants in smaller business partners to give it some optionality should it seek to take over a company. For example, Amazon previously bought warrants in Air Transport Services Group (NASDAQ: ATSG) and Atlas Air Worldwide Holdings (NASDAQ: AAWW), its two main air cargo operator partners. Earlier this year, Amazon exercised its warrants for Air Transport Services Group to take a minority stake in the company. Another commercial partner that Amazon holds warrants for is grocery distributor SpartanNash (NASDAQ: SPTN).  Over the years, Amazon has grown its investment portfolio and was holding a whopping $2.8 billion worth of equity warrants at the end of the first quarter, according to regulatory filings. Those holdings represent a significant chunk of Amazon’s overall investment portfolio of $8.4 billion, which includes stock and warrants in both public and private companies. Pick Like A Pro Where to invest $500 right now Lots of new investors take chances on long shots instead of buying shares of great companies. I prefer businesses like Amazon, Netflix, and Apple — they’re all on my best stocks for beginners list. There’s a company that “called” these businesses long before they hit it big. They first recommended Netflix in 2004 at $1.85 per share, Amazon in 2002 at $15.31 per share, and Apple back in the iPod Shuffle era at $4.97 per share. Take a look where they are now. That company: The Motley Fool. For people ready to make investing part of their strategy for financial freedom, take a look at The Motley Fool’s flagship investing service, Stock Advisor. They just announced their top 10 “best buys now” across the entire stock market. Whether you’re starting with $100, $500, or more, you should check out the full details. Email Address Continue Also opt-in to receive Millennial Money! It’s our newsletter devoted to helping you achieve financial freedom. That means you’ll receive new stock ideas, our favorite side hustles, and much more every single week! By submitting your email address, you consent to us keeping you informed about updates to our website and about other products and services that we think might interest you. You can unsubscribe at any time. Please read our Privacy Statement and Terms & Conditions. Click here to learn more .tmfsa-text-widget .ecap-widget { padding: 0 !important; border-left: 0 !important; } The post Amazon Reportedly Orders 1,000 Autonomous Driving Systems from Plus appeared first on Millennial Money. [ad_2] Source link

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Amazon Prime Day 2021, Day One: All The Best Deals So Far!!

[ad_1] Worried you missed some of the best Amazon Prime Day Deals? We’ve got you covered with this list! Wow! Prime Day 2021 is off to a great start with all kinds of HOT deals! Seriously, the deals today were BETTER than last year’s Black Friday and Prime Day pricing! It’s crazy!! The deals were flying FAST today, so we wanted to round up all the deals that are still available from Day One of Prime Day 2021! And we’ll be back first thing in the morning for more Prime Day coverage for Day Two! See you then! Best Prime Day Deals 2021 From Day One: Not an Amazon Prime member? If you’re not already an Amazon Prime member, now is a GREAT time to sign up for the free 30-day trial of Amazon Prime so that you can take advantage of all these Prime Day deals! FREE 4-Month Kindle Unlimited Subscription ($39.96 Value) This deal on our Screened-In Patio Furniture Set is back!! *HOT* Audible Discount | 53% Off First 4 Months {Prime Day Deal} Crayola Prime Day Deals! HUGE Board Games Sale! {Prime Day Deal} *HOT* Get two 54-ounce tubs of Nutiva Organic Coconut Oil for just $13.71 each, shipped!! Huge Building Sets Prime Day Sale! {LEGO, Lincoln Logs, K’Nex, Playmobil, & More!} Fire TV Stick Prime Day Deals! *HOT* Magna-Tiles Clear Colors 100-Piece Set only $83.99 shipped! {Prime Day Deal} *HOT* Smartwool Socks as low as $5.94 + shipping! Alex & Ani Bracelets for just $8.49 + shipping! *HOT* Amazon Music Unlimited Deal | 4 Months for FREE! Apple AirPods with Charging Case for just $119 shipped! {Prime Day Deal} Spirograph Prime Day Deals! Video Channels just $0.99 Per Month! LCD Writing Tablet Doodle Board for just $13.59 shipped! {Prime Day Deal} 2-Pack of 1000-Piece Jigsaw Puzzles only $8.09 shipped HOT Deals on Paw Patrol, Kinetic Sand and more! Great Deals on Orgain Protein, Collagen, Beverages and more! Waterpik Water Flosser only $39.93 shipped! Graco Extend2Fit Convertible Car Seat only $114.99 shipped, plus more! Echo Prime Day Deals! HUGE Savings on Nerf, Play Doh and more! Huge Building Sets Prime Day Sale! {LEGO, Lincoln Logs, K’Nex, Playmobil, & More!} *HOT* Furbo Dog Camera for just $118 shipped! Up to 50% off Luggage from Top Brands LCD Writing Tablet Doodle Board for just $13.59 shipped! Blink Mini Security Camera only $19.99 shipped! LOWEST Prices on Shark Robotic and Upright Vacuums Huge Sale on Favorite Character Toys and Games Medela Electric Breast Pump only $120.19 shipped, plus more! Bissell Vacuum Cleaner Prime Day Deals! Stock Up Deals on Snacks & Beverages 23andMe DNA Test Health + Ancestry Kit only $99.99 shipped! *HOT* Mama Bear Gentle Touch Diapers as low as $0.11 per diaper shipped! Up to 61% off Sony Noise Cancelling Headphones! Smart Garage Door Opener only $16.98 shipped! HUGE Savings on Toys from Melissa & Doug, VTech, Green Toys, Hape and more! Cuisinart 12-Piece Color Knife Set with Blade Guards only $9.99 shipped! Chromebook Prime Day Deals! Free $10 Credit with $40 Amazon Gift Card Purchase! LifeStraw Personal Water Filter only $9.99 shipped! Mini Vase Refrigerator Magnets Set for just $19.99 shipped! New Balance Men’s Running Shoes for just $49.99 shipped! (Reg. $110)! Women’s Casual Comfort Pants for just $11.99 + shipping! See all the Prime Day 2021 Deals here. What’s been your favorite Prime Day find so far? Let us know in the comments! [ad_2] Source link

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Khloé Kardashian and Tristan Thompson break up again – Page Six

[ad_1] Khloé Kardashian and Tristan Thompson break up again  Page Six Khloé Kardashian confirms she had a nose job: ‘No one’s ever asked me’  Yahoo Entertainment KUWTK REUNION: Kylie Jenner and Khloe Kardashian Share Jordyn Woods Update  Entertainment Tonight Tristan Thompson was seen disappearing into a bedroom with three women at a Bel Air party  Daily Mail Kardashians Reunion Recap Pt. 2: “KUWTK” Katch-Up (S20, EP14) | E!  Keeping Up With The Kardashians View Full Coverage on Google News [ad_2]

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*HOT* Audible Discount | 53% Off First 4 Months {Prime Day Deal}

[ad_1] Whoa! If you love listening to audiobooks, don’t miss this HOT Audible discount for Prime memebrs! It’s so rare to find Audible deals like this! As a special Prime Day deal, Prime members can get 53% off their first four months of Audible Premium Plus! That means you’ll pay just $6.95 per month for the first four months! This is a really RARE Audible discount, so if you’ve been interested in trying it out for a few months, now is the time!! It’s only available today and tomorrow for Prime members who have never tried Audible. Audible gives you access to unlimited streaming of thousands of audiobooks, access to exclusive sales, exclusive discounts off premium titles you want to buy, plus one credit for a FREE premium title each month. (Premium new-release Audible books can cost as much as $30, so to be able to download one for just $6.95 that you get to own and keep is such an amazing deal!) Go here to sign up for this rare Audible deal! Note: After your first four discounted months, you’ll start being charged at the regular rate of $14.95 per month. If you no longer wish to continue after the first four months, just be sure to cancel your auto-renew in your account before then. Not a Prime member? Sign up for a free trial of Amazon Prime to take advantage of this Prime Day Deal and get free 2-day shipping! See all the Prime Day 2021 Deals here. [ad_2] Source link

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7 Top Airline Stocks for 2021: These Airlines Are Poised to Take Off as Travel Rebounds

[ad_1] The post 7 Top Airline Stocks for 2021: These Airlines Are Poised to Take Off as Travel Rebounds appeared first on Millennial Money. Looking for a few great airline stocks to buy right now? I’ve put together a list of seven of the best stocks in the airline industry. It’s no surprise that the global pandemic decimated the airline industry across the globe in 2020. With planes grounded around the world, many airlines were forced to take severe cost-cutting measures to ride out the pandemic-induced storm.  But in many parts of the world, economies are reopening and air travel is bouncing back, thanks to a rise in COVID-19 vaccinations. The United States recently saw more than 2 million passengers passing through TSA’s airport screenings, representing 74% of the total travelers at the same time in 2019.  Airport screenings don’t usually cause anyone to celebrate, but both travelers and investors are seeing it as an important milestone on the way to the travel industry bouncing back.  If you’re in the market for airline stocks, some of which are, ahem, getting off the ground already (I’m hilarious), then read on to find out why these seven companies are some of the best stocks to benefit from travel recovery in 2021.  7 Top Airline Stocks Here’s my list of the top 7 airline stocks. American Airlines Group  United Airlines Holdings Inc. Delta Air Lines, Inc. Southwest Airlines Co Allegiant Travel Company JetBlue Airways Corporation Spirit Airlines, Inc.  American Airlines Group (Nasdaq: AAL) American Airlines Group (NASDAQ:AAL)Price: $22.29 (as of close Jun 18, 2021) American Airlines is one of the oldest U.S. airlines and it’s the largest airline company in the country based on passenger capacity, thanks to a merger with US Airways back in 2013.  Like all airlines, the company received a major shock to its business in 2020 as the pandemic spread across the globe. American Airlines responded in the same way you’d expect any business to respond when demand dries up: the company drastically cut costs.  The result was American Airlines going from a daily spend of $100 million near the beginning of the pandemic to just $27 million in the first quarter of 2021.  As expected, American Airlines is still suffering from a lack of leisure travel, business, and international travel demand. In the first quarter of 2021, revenue was down 53% as the result of a 39% reduction in total available seat miles. The pandemic also caused American Airlines to take on even more debt, which the company was already struggling with before 2020. The company now has debt obligations of $50 billion, the most in the industry.  But as the U.S. economy opens back up and people are beginning to make travel plans again, American Airlines estimates that second-quarter capacity will only be down about 25% compared to the second quarter of 2019. While the company’s share price took a major hit in 2020, American Airlines’ stock gained more than 100% in the first five months of 2021. United Airlines Holdings Inc. (Nasdaq: UAL) United Airlines Holdings (NASDAQ:UAL)Price: $54.92 (as of close Jun 18, 2021) With just $5 billion in debt, United Airlines doesn’t have the same debt issues that American Airlines has, but it’s also a much smaller company. And like the industry in general, United Airlines is seeing more travelers booking flights again.  The company’s management said in the first quarter of 2021 that if business and long-haul international demand returns to just 35% below 2019 levels, then the company will return to positive net income. You gotta celebrate the wins, right?! In the first quarter of 2021, the company’s operating revenue was down 66% from the first quarter of 2019, thanks to passenger capacity that was down 54% from the first quarter of 2019.  But the company is seeing a turnaround in the travel industry as well and the company expects that second-quarter capacity will be down 45% from comparable 2019 levels and revenue per available seat mile (RASM) will be down 20%.  United’s share price has begun to rebound in 2021 and the company’s stock gained 35% in the first five months of 2021.  Delta Air Lines, Inc. (NYSE: DAL)  Delta Air Lines (NYSE:DAL)Price: $44.96 (as of close Jun 18, 2021) Delta Air Lines is another top airline stock investors are no doubt keeping a close eye on. The company’s share price gained 18% in the first five months of 2021 and there could be much more growth from this company as it emerges from the effects of the pandemic.  For one, the company is already experiencing significant demand for its flights, so much so that CEO Ed Bastian said recently that he expects Delta to return to profitability on a pre-tax basis by the second half of 2021. Not too shabby for a company whose entire business essentially dried up just last year.  That’s not to say that Delta doesn’t have its work cut out for it. But the company made some strategic moves during the pandemic—like simplifying its fleet—that helped it cut costs and improve its runway to profitability.  Delta still has sizable debt right now, to the tune of about $29 billion, but management expects its debt levels to subside over the next few years. Customers love Delta and their loyalty is paying off, even before airline travel has fully returned. Management has said that Delta will achieve its goal of about $7 billion from its credit card partnership with American Express (NYSE: AXP) by 2023—up 63% from pre-pandemic levels.  Southwest Airlines Co (NYSE: LUV)  Southwest Airlines (NYSE:LUV)Price: $55.19 (as of close Jun 18, 2021) Southwest Airlines hardly needs an introduction considering the company is already widely known for its fun and friendly approach to the airline industry and its penchant for offering the best discounted airfares.  But it’s not just the airline’s customers who love Southwest. Investors are smitten with the company as well because the airline is consistently profitable.  Consider that Southwest is one of the only

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