Ballyhoo

Per our last conversation about the will of a Republican president and Senate, a reader writes…

“So, when it comes down to it, how many pieces of legislation have actually gotten through the House in the last three and a half years ? Just sayin’.”

That’d be an interesting rabbit hole to go down…

Another reader repeats Wednesday’s contributor: “Why do we keep blaming Socialist Democrats when we have a Republican president and senate?”

“Really?” she says. “The ballyhoo raised by the Democratically-controlled House over ‘Russiagate’ in order to impeach President Trump (now confirmed to be a fraud/Fake News) is blatant proof of the Democrat/Socialist’s power.

“And we taxpayers are required to pay for all of the crazy-making going on over the last 42 months.”

Thanks for your opinions; we’ll have more to talk about Monday.

Send your opinions to, TheRundownFeedback@SevenFigurePublishing.com.

Your Rundown for Friday, June 26, 2020

Amazon and Autonomous Vehicles

In a deal announced Friday: “Amazon has acquired self-driving start-up Zoox for more than $1.2bn,” reports The Financial Times, “marking the ecommerce group’s biggest investment into the autonomous vehicle sector.”

The plan, according to FT, is for “Amazon [to] work with Zoox to create a… fleet, pitting the ecommerce group against Waymo, the self-driving industry leader backed by Alphabet.”

And this isn’t the Bezos behemoth’s first foray into the self-driving sector; Amazon already owns stakes in electric truck maker Rivian and another self-driving startup, Aurora.

How will Zoox fit into Amazon’s fleet of acquisitions (including grocer Whole Foods, shoe retailer Zappos and video game platform Twitch)?

“Amazon has invested heavily in same-day delivery and demand for its services has been boosted by coronavirus lockdowns in the US, pushing its stock up 45 per cent this year to a valuation of $1.37tn.”

So expect an Amazon driverless delivery coming to Main Street America…

Market Rundown for Friday, Jun. 26. 2020

The S&P 500 Index is down 54 points to 3,030.

Oil is down over 1% to $38.20 for a barrel of WTI.

Gold’s pat at $1,770 per ounce.

Bitcoin is down $108.40 to $9,143.

Send your comments and questions to, TheRundownFeedback@SevenFigurePublishing.com.

We hope you have a relaxing weekend, and be sure to check back Monday.

For the Rundown,

Aaron Gentzler

Aaron Gentzler

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Aaron Gentzler

Aaron Gentzler is the publisher of Seven Figure Publishing. He is also the editor of The Rundown and has been with Agora Financial / Seven Figure Publishing since 2005. He's been covering technology and markets for over a decade.

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