Diamonds and Dogs

3/29/22

Uber (Uber) jumping 7% as the company expands their global strategic convenience partnership, aiming to make more than 3,000 retail locations available on Uber Eats by 2025. The new partnership covers retail sites in Australia, New Zealand, Poland, South Africa and the west coast of US. Sites in the UK and eastern US will be added to the app for the first time this year, with plans to launch in other European markets from 2023.

Profit-taking in the fertilizer stocks. Mosaic (MOS) is down 5% erasing two weeks of gains due in part to possible peace talks between Ukraine and Russia as negotiations begin in Turkey, and Russia's promises to "reduce military action" in the northern parts of Ukraine. The conflict in Ukraine and the resulting sanctions on Russia have combined to send the prices of natural gas (used to produce nitrogen fertilizer), fertilizer itself, and fertilizer stocks up sharply since last February.

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