Black Coffee: Fish Head Soup

Group 1 - Jack in the Box divested Del Taco for $115 million, significantly less than the $575 million it paid for the chain less than four years ago [3] - Yum Brands is considering divesting the struggling Pizza Hut chain, which has seen its market share decline from nearly 23% in 2019 to 18.7% last year, with sales continuing to decline into 2025 [3] - The US National Debt has surpassed $38 trillion, equating to $330,000 for every American taxpayer, with projections indicating another trillion dollars will be added before the end of 2026 [9][12] Group 2 - Nvidia has become the first company to reach a market value of $5 trillion, surpassing the market capitalization of six of the eleven sectors in the S&P 500 Index [15] - American households now hold 80% of their wealth in equities, an all-time high, which is even greater than during the Dot-com Bubble peak [18] - The Nasdaq index experienced a 3.1% decline, marking its deepest weekly loss since April, while the S&P 500 and Dow also finished the week lower [22]