Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
Amazon has paused testing of its delivery drones following a crash involving two of those drones, according to Bloomberg.
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Amazon Aims at Temu With Low-Priced Storefront Called Haul(Bloomberg) -- Amazon.com Inc. has launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for ...
MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s ...
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Robot Software Maker Covariant Gets Takeover Inquiry From Amazon(Bloomberg) -- Covariant, a maker of artificial intelligence software used in industrial robots, received recent takeover ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi ...
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