Rivian Automotive, Inc. shares dropped after an unexpected debt deal, but have since rallied over 22%. Read more on RIVN stock here...
Continue ReadingBig tech AI users like Microsoft and Meta Platforms will inevitably partner with Advanced Micro Devices for new AI chips. Find out why AMD stock is a Strong Buy...
Continue ReadingThanks to shifting regulations, autonomous drone delivery startup Zipline aims to expand its service to a handful of cities in 2024...
Continue ReadingIn this episode of Yahoo Finance series NEXT, Yahoo Finance reporter Akiko Fujita visits San Francisco startup Zipline to get a first-hand look at how delivery services are being automated with drones. The vision of drone delivery has been around for years, with Amazon (AMZN) being one of the first to launch its drone delivery program “Prime Air” in 2013. What has kept the industry from scaling up to widespread use? Regulation. In the race to deliver at new heights, the FAA has granted Zipline a rare exception to fly drones beyond the visual line of sight. With commercial drone deliveries projected to exceed 1 million by the end of 2023, Zipline plans to lead the way introducing drone technology to as many as 15 cities in the US across healthcare, restaurants, and retail by 2025. Zipline expects to reach these goals with the company’s Platform 2 aircraft – a drone designed to seamlessly integrate into business operations while delivering with precision. From heights up to 330 feet, the drone drops a "droid" with packaged goods weighing up to eight pounds anywhere from your doorstep to sidewalk in a matter of minutes.Drone delivery could be introducing a new accessibility to delivery services with retailers lining up to utilize the technology. Sweetgreen (SG), Pagliacci Pizza, and Mendocino Farms are early restaurant adopters. Zipline has also lined up a slew of clients in the health and wellness space, including GNC, Michigan Medicine, Intermountain Health, and MultiCare Health System. As more companies adopt the technology, delivery on wheels may be a thing of the past. For more on our NEXT series, click here, and tune in to Yahoo Finance every Monday at 10 a.m. ET...
Continue ReadingLooking for catalysts that could send Rivian's stock soaring in 2024? Look no further...
Continue ReadingGames Workshop has sealed a deal with Amazon to turn its fantasy gaming franchise Warhammer 40,000 into films and television series...
Continue ReadingRetail sales are rebounding, which is expected to help stocks like American Eagle Outfitters, (AEO), Amazon.com (AMZN), The Gap (GPS), Casey's General Stores (CASY) and Expedia Group, (EXPE) in the near term...
Continue ReadingThe online marketplace for unique items is struggling to grow in the post-pandemic world...
Continue ReadingThree years -- unless Amazon.com is the fastest space company since SpaceX...
Continue ReadingThe deal will grant Amazon exclusive TV and film rights to the company’s hit franchise Warhammer 40,000...
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