Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action news and analysis.

Good afternoon, today is Thursday, March 21st, and I'm your host, Kim Khan.

The top story so far. Get a baconator from an aviator.

Door Dash and Wing announced the launch of their drone delivery partnership in the U.S.

The partnership will start in Christiansburg, Virginia. the or Dash Marketplace and have them delivered via drone.

Once customers of the participating Wendy's have selected drone delivery and placed their

order, it will be prepared and packaged at the Wendy's location and delivered via a

wing drone, typically in 30 minutes or less.

The U.S. launch follows the drone delivery pilot program the Door Dash and Wing launched in Australia

in 2022 and has since expanded to three locations in Queensland with over 60

participating merchants marking the first time that Wing integrated its

drone delivery service within another marketplace.

Dordash said it is committed to advancing last mile logistics by building a multimodal delivery

platform that serves all sides of the marketplace.

They said, we're optimistic about the value drone delivery will bring to our platform as we work to offer more efficient, sustainable, and convenient delivery options for consumers.

In today's trading, the growth rally continues after the broader market posted a new record

close in the previous session thanks to an assist from the Fed.

The NASDAQ leads the major averages up more than 1% with all three in the green. Carson Group strategist Ryan Detrich says the

SMP 500 is up 9.5% in 2024 which is about average when you look at history

but history also tells us that average years aren't so average.

Only four times out of the past 74 years did stocks finish the year between 8 and 10%

higher. What does this tell us? Maybe more upside as normal.

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