BofA Securities sees advanced robotics driving up to $16 billion in annual savings by 2032 and raised its price target on Amazon stock.

Shares of e-commerce behemoth Amazon (AMZN) has been incredibly turbulent of late, struggling to put in a bottom following its brutal 42% plunge from peak to trough. Undoubtedly, CEO Andy Jassy ...

Amazon'sAMZN robotics push could "unlock billions in savings" that could lead to higher profit margins, a Bank of America Securities analyst said Monday. BofA analyst Justin Post raised his price ...

Amazon uses robotics as a competitive weapon to dominate e-commerce logistics. Serve Robotics focuses on solving the specific problem of expensive last-mile delivery in urban environments.

They also announced plans to sell $50,000 of Amazon stock from their $500,000 AI Portfolio to invest in more promising opportunities, such as agentic AI stocks and robotics.

Amazon is projected to spend over $100 billion this year on AI infrastructure. One Wall Street analyst thinks the company will be spending big on its robotics capabilities. Tesla is trying to make ...

Amazon launches a new team within its consumer R&D division to focus on agentic artificial intelligence.

Amazon.com, Inc. price-consensus-chart | Amazon.com, Inc. Quote Robotics Fulfillment Strength to Aid Growth Robotics that utilize AI and ML techniques are becoming mainstream in the retail ...