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EDITOR'S NOTE
Perhaps you don't believe that Santa squeezes through your chimney to deliver packages, but you better believe it's only a matter of time before drones are dropping off goods at your front door.
In this edition of Weekend Brief, CNBC's Michael Sheetz takes a look at the e-commerce, logistics and technology companies racing to develop drone delivery networks.
There remain plenty of technological and regulatory barriers to drone delivery, but a more efficient solution to last-mile delivery - from local distribution hubs to homes - could offer sizeable savings and profits. BMO estimates last mile costs represent between 50% and 60% of total freight costs.
So far, Amazon, Alphabet and UPS have the edge, Sheetz reports.
Also in this week's edition, CNBC's Fred Imbert takes a look at the legalization of sports betting, from state to state, and the opportunities it may bring for investors.
So far, the trend has had no effect on publicly traded companies that are leveraged to take advantage of it.
Since the Professional and Amateur Sports Protection Act was repealed in May 2018, opening the way for legalized sports betting, MGM Resorts is only up a over 3%, Boyd Gaming has lost about 15%, and Penn National Gaming is down more than 24%. Still, some analysts are betting that investors will take notice in 2020, Imbert writes.
We are now counting down to the end of a year that brought a return of more than 28% to the S&P 500. CNBC's Patti Domm writes that that rally is likely to continue into the next year.
Enjoy the rest of the weekend and thanks for reading Weekend Brief. Email your thoughts at EveningBrief@nbcuni.com or message me on Twitter @tellittoal.
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THE WEEK AHEAD
YOUR WEEKEND BRIEFING
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