Nebius Return Rate
Microsoft6 hours ago
$Amazon(AMZN.US)Context: Amazon is turning its long-delayed drone-delivery dream into a much larger business. The company plans to expand Prime Air to nearly 500 U.S. cities and towns by the end of 2026, a sixfold increase from its current footprint. The Prime Air expansion is strategically important, even if it does not immediately move Amazon's earnings. Amazon currently operates Prime Air from 11 locations and plans to reach nearly 500 cities and towns by year-end. The drones can carry packages weighing up to five pounds, with eligible orders arriving in as little as 30 minutes. Amazon says it has already completed hundreds of thousands of drone deliveries this year and expects roughly 1 million deliveries in 2026.
My Trade: I am still holding on to my position bought earlier during the dips last year. I am currently targeting a $230-$240 range before I add more.
Takeaway: Prime Air could make Amazon more valuable. Faster delivery can encourage customers to order more frequently, particularly groceries, medicines, and everyday essentials. With Amazon competing with other rivals like Walmart, this innovation, if scaled appropriately and efficiently, can take them to the next level in the transportation.
@Captain's Treasure
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