Hey Snackers,
Your least favorite bird may be flying undercover: India has detained a "pigeon suspected of being trained as a Pakistani spy” on the Kashmir border. The name's Pigeon. James, Pigeon.
Stocks surged and the Dow was resuscitated back to early March levels as economic activity continues to pick up across the US. Major corona-conomy losers like Carnival and United Airlines saw the biggest stock jumps.
To infinity, and Elon'd!... Cancel your Netflix plans — we’re tuning into NASA Live. Today at 4:33 PM ET, SpaceX plans to launch its first ever human passengers into space on the Crew Dragon (sounds like an EDM DJ — actually a reusable spacecraft). The Elon Musk-founded and CEO'd space company (valued at around $36B) is making history:
Soyuz saying you don't need us?... Since 2011, NASA astronauts have bummed rides to the space station on Russia’s Soyuz capsule, paying a neat $80M/passenger (no SpaceMiles program yet). So NASA awarded billions to SpaceX and Boeing to develop a non-Russian-government option. SpaceX finished first.
One small step for man, one giant leap for capitalism?... If the intrepid launch goes well, Elon's dream of colonizing Mars (or, at least, commercializing space travel) may not be so far-flung.
Summertime, and the living is... Uneasy AF, but not as uneasy as before. As the first day of summer (June 20th) approaches, temperatures are heating up and states are loosening up: two months after lockdown started, all 50 states have begun some form of reopening. The "new normal" is slowly reverting back to a "new but kinda familiar" normal. Americans are:
It's not just the travel stats... Investor and consumer optimism is shining through some key indicators:
Optimism should be tempered with caution... Reports of new COVID-19 cases are slowing or levelling off in most states. Twenty states reported an increase last week (could also be a result of more testing). Optimism is also fueled by 118 potential vaccines in the works. But the WHO warned about a "second peak" of the virus — and lifting restrictions makes transmission more likely...and put this month's economic progress at risk.
Disclosure: Authors of this Snacks own shares of Alphabet, Amazon, Spotify, and Apple
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