Bank of America Gives Customer Billions in Error and Taco Bell’s Drive-Thrus 🌮

Bank of America Gives Customer Billions in Error and Taco Bell’s Drive-Thrus

Bank of America

We’ll stop talking about Bank of America in our Invstr Crunch when it stops goofing up hilariously with its mobile app. Last week, a customer logged in to find his current account balance up two-billion-dollars. It was a dream come true of instant riches. Or so he thought.

The mysterious payment turned out to be only a display error on the app’s interface, but not before it had already gone viral. It’s hard to tell whether the story led to more people closing their accounts or more people opening accounts. Bank of America sounds like great fun!

Yum! Brands

In order to keep Taco Bell going in an age of germophobes and social distancing, drive-thrus are a mandate. Investors in Yum! Brands, which owns Taco Bell US, are showing their support for a new concept that includes two drive-thru lanes, pickup shelves, and curbside pickup.

However, closer inspection reveals the “investment” in this new restaurant design is smoke and mirrors. Only two locations will be converted by the second quarter of 2021. Seriously? We don’t know what the world will look like in 2021, but a vaccine will probably be imminent.

Yum! Brands, the owner of multiple restaurants, is desperate to find an inflection for its languishing stock price, but this ain’t it. Keep it in your watchlist!

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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