uber eats, delivery, courier-4709288.jpg

Today in the Market (10/18/2022)

Good Evening. U.S. equities advanced in another session of large swings on Tuesday, extending a recovery that started a week of high-profile third-quarter earnings releases.

The S&P 500 rose 1.14%, although after reducing gains from a larger surge earlier in the day, the Dow Jones rose 1.12%. The Nasdaq Composite gained 0.90% at market closing.


Netflix (NFLX) disclosed its fiscal third quarter results, with a major emphasis on future ad-supported format features.

Here are Netflix’s third-quarter results compared to the consensus Wall Street forecast, as collected by Bloomberg:

  • Revenue: $7.93 Billion vs. $7.85 Billion expected

  • Earnings Per Share: $3.10 vs. $2.22 expected

In a message to shareholders, the business said, “After a challenging first half, we believe we’re on a path to reaccelerate growth.” The firm attributed its success throughout the quarter to Monster: The Jeffrey Dahmer Story, Stranger Things S4, Extraordinary Attorney Woo, and Purple Hearts, among other television and cinema blockbusters.

On top of that… With today’s earnings, the firm has gained subscribers for the first time. The corporation lost 970,000 and 200,000 customers in the past two quarters, respectively.


uber eats, delivery, courier-4709288.jpg

Four years ago, Canada legalized cannabis, and now Uber is prepared to capitalize by adding marijuana to the list of what can be delivered. Starting in Toronto, marijuana will be able to be delivered on top of the ability to already deliver food and people. 

In Ontario, you may already purchase cannabis items via Uber, but you must pick them up on your own. Now, Toronto citizens over the age of 19 may use the Uber app to order from three local dispensaries. However, under Ontario legislation, an employee of one of the shops must still distribute the cannabis.

According to Leafly, Uber is the first major third-party delivery service to provide cannabis in this manner. Not so with Toronto residents, though. According to Weedmaps, there are at least 22 dispensaries that deliver in the Toronto region.

It might take some time before it reaches the border. Uber CEO Dara Khosrowshahi said in 2021 that the business would not engage in cannabis delivery in the United States until it is federally allowed, but once the path is clear, “we’re absolutely going to take a look.”

Scroll to Top

Where Are You On Your Investment Journey?




All investors are unique.  The above characteristics are examples, but may not reflect your particular investor demographics or situation.  An advisor with Edgar Investment Management, LLC will assist you with finding the best type of account for you. 

Investment advisory services are offered through Edgar Investment Management, LLC, an investment advisor registered with the State of Texas. Edgar Investment Management, LLC only offers investment advisory services where it is appropriately registered or exempt from registration and only after clients have entered into an investment advisory agreement confirming the terms of engagement and have been provided a copy of the firm’s ADV Part 2A brochure document.

The content found on this website is developed from sources we believe provide accurate information and is for educational purposes only. The information on this website is not intended as tax or legal advice. Everyone’s tax and legal situation is different, so please consult trusted and knowledgeable legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided on this website are for general information, and should not be considered a solicitation for the purchase or sale of any security.

Material and information found on this website is not intended as an offer or solicitation for the sale or purchase of any specific security, mutual fund, ETF, bond, or investment strategy.  

Investing is risky!  No guarantee as to performance of any investment is implied by this website.  Make sure you have evaluated your options and spoken with trained professionals before you implement any investment strategy.  Past performance is not indicative of future results.  

Please be advised that Edgar Investment Management, LLC is a financial advisory firm specializing in investment management and financial planning services. We do not offer or provide any CPA-related services, including tax preparation, tax planning, or other accounting services. If you require assistance with tax-related matters, we recommend consulting a qualified CPA or tax professional who can provide specialized advice tailored to your individual needs.

Edgar Investment Management, LLC is not a Public Accounting firm.


Contact Us

Best time(s) to contact you?
Best method(s) to contact you?

Contact Us

Best time(s) to contact you?
Best method(s) to contact you?

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.

  • About You

    Tell us a little about yourself. Don't be shy. Let's be friends.
  • How Can We Reach You?

    We would love to chat with you. How can we get in touch with you?
  • What's on your mind?

How much do you want to invest?