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Package Drop By Robot? Amazon Pilots Humanoids In Rivian Vans: Report
Thursday, June 5, 2025 - 3:30am | 974Amazon.com, Inc. (NASDAQ:AMZN) is reportedly developing software for humanoid robots that could eventually take over the roles of delivery workers. What Happened: Amazon is constructing a “humanoid park” at one of its San Francisco offices, where it will test the robots, The Information...
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'Stressed' Amazon Driver Dumps 80 Packages In Massachusetts Woods Amid Christmas Holiday Rush (UPDATED)
Tuesday, December 31, 2024 - 6:05am | 556Editor’s Note: The article has been updated with a comment from Amazon. Amid the bustling holiday season, an Amazon.com Inc. (NASDAQ:AMZN) driver left 80 packages in a wooded area in Lakeville, Massachusetts. This incident occurred because the company faced intense pressure to meet delivery...
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'More Scared Of Jeff Bezos': Amazon Worker Walks Through Police Standoff To Drop Package
Tuesday, March 28, 2023 - 4:21am | 539An Amazon.com, Inc. (NASDAQ:AMZN) driver has won hearts but also horrified the internet by delivering a package during a police standoff. What Happened: A video on TikTok of an Amazon driver delivering a package during an active standoff with an armed suspect who reportedly barricaded himself...
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Amazon Secures Patent For Delivery Van-Controlled Drone Technology
Thursday, July 15, 2021 - 11:50am | 824Amazon (NASDAQ: AMZN) on Wednesday announced that it has secured a patent for drone technology that can be paired directly with delivery vans. The system, if it comes to fruition, could enable Amazon to optimize its last-mile delivery services by outsourcing much of the work to its automated drones...
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Amazon Analyst Says This 'Strategic Asset' Could Bring $15B In Revenue
Monday, April 20, 2020 - 9:20pm | 401E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) spent $39 billion in retail capital expenditures over the last six years — $60 billion including capital leases — to create significant fulfillment infrastructure and delivery capabilities, according to BofA Securities. The Amazon Analyst...
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3 Key Themes To Watch In Amazon
Tuesday, April 24, 2018 - 2:10pm | 345Amazon.com, Inc. (NASDAQ: AMZN) is scheduled to report its first-quarter results after Thursday's market close and now isn't the time for investors to be aggressive on the stock, according to KeyBanc. The Analyst KeyBanc Capital Markets' Edward Yruma maintains a Sector Weight rating...
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UPS Is Oversold, Despite Teamsters, Amazon Concerns, Stifel Says In Upgrade
Tuesday, March 6, 2018 - 3:07pm | 398Shares of United Parcel Service, Inc. (NYSE: UPS) have lost around 20 percent since the end of January in reaction to concerning capex guidance and ongoing reports Amazon.com, Inc. (NASDAQ: AMZN) is looking to create its own potential rival delivery service. The Analyst Stifel's David Ross...
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Analyst Upgrades UPS To Buy, Says Amazon Concerns Are Overdone
Monday, February 26, 2018 - 2:06pm | 415Analysts at Deutsche Bank said Friday that investors shouldn't be buying United Parcel Service, Inc. (NYSE: UPS), a call Loop Capital Markets disagrees with. The Analyst Loop Capital Markets' Rick Paterson upgraded UPS' stock from Hold to Buy with an unchanged $131 price target...
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'Shipping With Amazon' To Launch In US; UPS, FedEx Investors Sell
Friday, February 9, 2018 - 9:07am | 471Reports of Amazon.com, Inc. (NASDAQ: AMZN)'s interest in developing its own delivery service has been around since at least 2015, but now it's reportedly close to launching. What Happened Amazon's delivery service for businesses, dubbed "Shipping with Amazon" (or SWA)...
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UPS CEO Talks Relationship With Amazon, Taxes And Drones
Wednesday, December 7, 2016 - 12:53pm | 344With all the talk of Amazon.com, Inc. (NASDAQ: AMZN) building out its own shipping network and delivery capacity, United Parcel Service, Inc. (NYSE: UPS) investors have reason to be concerned that the delivery company could lose a key client. Speaking as a guest on CNBC's "Squawk Box" on Wednesday...
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Amazon Expands One-Hour Free Restaurant Delivery Service To Manhattan, Dallas
Tuesday, May 17, 2016 - 12:23pm | 352The Prime members of Amazon.com, Inc. (NASDAQ: AMZN) in Manhattan and Dallas have reason to rejoice as the online retail giant has launched free one-hour restaurant delivery to its members in the two cities. The service is now available in 10 cities in the U.S. The expansion of Amazon's one...