logo
Amazon Prime members can now get same-day groceries for free. Here's how.

Amazon Prime members can now get same-day groceries for free. Here's how.

USA Today4 days ago
Amazon shoppers who want to snag same-day groceries, electronics and other items in a single order will now have the chance, thanks to the company's recently launched grocery delivery program.
The company launched the program in at least 1,000 cities and towns and has plans to expand it to over 2,300 areas in the U.S. by the end of 2025, according to a news release.
Amazon says Prime members receive free same-day delivery on orders over $25, while customers without a Prime membership must pay a fee.
The company emphasized in the release that the new service is not a replacement for Amazon's current grocery delivery services, such as Amazon Fresh, Whole Foods Market and other local grocery programs on Amazon's website. The new service is supposed to complement those programs, Amazon said.
What can I have delivered?
Customers can now include perishable grocery items, such as produce, dairy, meat, seafood, baked goods and frozen foods in the same order as electronics, books, tools and other items normally sold via Amazon.
How much will Amazon's grocery program cost me?
While Prime members get free same-day grocery delivery for orders over $25, customers without a Prime membership must pay a $12.99 fee (no matter what the order size is).
Customers can still place an order even if their items don't total $25, but a $2.99 fee will be added, Amazon said.
How does same-day grocery delivery work?
Amazon has a specialized temperature-controlled fulfillment network, allowing the company to deliver groceries, according to the release.
Items undergo a six-point quality check before leaving Amazon's facilities for delivery. Carriers keep temperature-sensitive products in insulated bags that are recyclable in most curbside recycling programs, the company said, adding that these are the same bags used for Amazon Fresh and Whole Foods Market deliveries.
Amazon said those wanting to see the available options in their area can visit the Same-Day Store.
How did Amazon's same-day grocery delivery originate?
According to Amazon, the company's gross sales last year totaled over $100 billion among over 150 million American shoppers.
The company initially began adding perishable groceries, such as bananas, milk, eggs and bread, to its same-day delivery service in areas such as Phoenix, Orlando and Kansas City. Customers utilized the service heavily, according to Amazon.
'Strawberries, Honeycrisp apples, limes and avocados now rank among the top 10 items in Same-Day Delivery carts,' Amazon wrote in the release.
The company expects to launch its same-day grocery delivery service in 2,300 cities and towns by the end of the year, and there are plans to expand in 2026.
Will this impact InstaCart, DoorDash and Walmart+?
Evercore ISI, a research department within independent investment bank Evercore, released a report about Amazon's recent changes. In the report, researchers called the program 'a significant strategic move.'
The researchers stated that by allowing customers to purchase groceries in one single order, alongside items such as clothing, electronics and other household products, Amazon has increased its chances of competing with grocery delivery services that customers turn to, like Instacart and Walmart+.
According to the researchers, the $25 minimum for free delivery also makes the move attractive to customers because of the convenience and low cost, making it harder for other delivery services to keep customers' attention.
One company in particular, InstaCart, may be pressured to lower fees or increase promotions, Evercore ISI researchers said.
Amazon said the new program will give customers access to thousands of grocery items they can have delivered the same day.
'Amazon is always looking for ways to make grocery shopping simpler, faster and more affordable for our customers, especially Prime members,' Amazon said in its release. 'This new service makes grocery shopping a quick and easy experience.'
Saleen Martin is a reporter on USA TODAY's NOW team. She is from Norfolk, Virginia – the 757. Email her at sdmartin@usatoday.com.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Prediction: 2 Artificial Intelligence (AI) Stocks That Will Be Worth More Than Nvidia by 2030
Prediction: 2 Artificial Intelligence (AI) Stocks That Will Be Worth More Than Nvidia by 2030

Yahoo

time33 minutes ago

  • Yahoo

Prediction: 2 Artificial Intelligence (AI) Stocks That Will Be Worth More Than Nvidia by 2030

Key Points Nvidia has been the biggest beneficiary of AI spending among big tech companies. But Amazon and Meta Platforms are two tech giants seeing very strong results from investments in AI, and their future could be even brighter. Both trade at compelling valuations, especially compared to how expensive Nvidia has become. 10 stocks we like better than Amazon › Since October 2022, Nvidia has seen its value increase by more than $4 trillion. To put that into perspective, no other company is even worth $4 trillion today. The huge surge in value for the maker of graphics processing units (GPUs) stems from a few big tech companies spending hundreds of billions on its chips every year. The four biggest hyperscalers are set to spend around $380 billion on AI infrastructure this year, and they have guided for significant steps up in spending next year. Nvidia is set to be the prime beneficiary of that increased spending for some time, but that doesn't mean the stock will continue to climb. Market prices are based on what investors expect in the future, and the expectations for Nvidia remain high. But two other AI stocks look like they could surpass investor expectations, pushing both companies to exceed Nvidia's value by 2030. Can Nvidia keep climbing from here? Continued growth in AI spending is giving investors more and more confidence that Nvidia can keep up its torrid sales growth. The three main public cloud providers all reiterated that demand exceeds computing capacity, which means they will continue to spend growing amounts to meet their customers' needs. Meanwhile, Nvidia is selling chips as fast as it can make them. That led to a 69% rise in revenue in the company's first quarter, and a 59% increase in adjusted income. But it's unlikely to see growth continue at this pace. All four hyperscalers are working on custom silicon solutions for their own AI training. Microsoft is reportedly planning to shift a significant portion of its spending to its Maia300 chip in late 2026. Meta Platforms (NASDAQ: META) is working on expanding the AI workloads that its custom Meta Training and Inference Accelerating (MTIA) chips can handle. And on top of all of that, AMD is starting to show progress in catching up to Nvidia, while continuing to offer excellent price performance. Investors should expect a significant slowdown in sales as Nvidia faces fierce competition for its share of data center servers and it battles with the law of large numbers. As supply-demand forces reach equilibrium, the chipmaker might not be able to command such high gross margins, either. That could weigh on earnings growth. But with the stock currently trading at more than 42 times forward earnings, investors seem to think those risks aren't going to materialize. I think it's more likely they will keep Nvidia from continuing to outperform the market at such a torrid pace, limiting how much more upside there is from here. If investors want to buy shares of a big tech company capitalizing on the growth of AI, the following two industry giants present better value with more upside. In fact, I expect they will both be worth more than Nvidia by 2030. 1. Amazon Amazon (NASDAQ: AMZN) is the largest provider of public cloud computing in the world with Amazon Web Services (AWS), making it one of Nvidia's biggest customers. While the company was caught flat-footed as generative AI took off in 2022, management quickly caught up with the competition thanks in part to its investment in Anthropic. Management continues to see strong demand for its AI services, with revenue more than doubling year over year. However, AWS's scale has masked that strong growth. The cloud services segment generated $116 billion in revenue over the last 12 months. That's roughly 55% larger than its next closest competitor, Microsoft. But AWS's 17% year-over-year growth looks disappointing compared to Microsoft's 39% growth in cloud services last quarter. Nonetheless, Amazon has mostly kept its market share despite strong growth by its competitors. What's more important is that the margin profile on AWS is extremely strong. The operating margin of 36.8% over the last 12 months is up from 33.4% a year ago. And while it took a dip in the second quarter, that's due to the timing of share-based compensation. The long-term trend shows continued improvement in margins. Meanwhile, Amazon's retail business is becoming very profitable in its own right. The North American segment saw its operating margin climb to 7% last quarter while the international segment's margin came in at 3.4%. Strong top-line growth of 11% for both helped, which was bolstered by high-margin ad revenue growth of 22%. The long-term trends favor steady revenue growth across Amazon's businesses with particular strength in its high-margin operations (namely AWS and advertising). That should result in earnings growth well above average. And as its spending growth on AWS slows down, free cash flow should rise to new records by the end of the decade. That gives the company more opportunities to invest for growth, just as it has managed to do throughout its history. The stock currently looks attractive amid a small pullback in price. 2. Meta Platforms Meta is another major Nvidia customer, but unlike Amazon, it only uses Nvidia chips for its own AI needs. In fact, it might be spending more on its own AI needs than any other company in the world. And Meta's second-quarter results are a clear example of why it's willing to spend so much. Sales grew 22% last quarter, and its operating margin expanded 5 percentage points. For some perspective, that's faster revenue growth than both Snap and Pinterest despite being a much bigger force in social media advertising. Meta's AI capabilities are a clear reason for the outperformance. Artificial intelligence has led to better recommendations for both advertisements and organic content. As a result, the company served up more ads and was able to command higher pricing per ad impression. Meanwhile, it's seeing strong uptake of its generative AI tools for ad creation, which makes it easier for marketers to create and test new ideas. There are a number of other opportunities that AI could unlock. Those include AI chatbots for businesses in WhatsApp and Messenger, which could drive increased click-to-message ads in Facebook and Instagram. And management has said its Meta AI chatbot built into its apps now has 1 billion monthly active users, giving it yet another surface to monetize with ads. It only recently started showing ads in WhatsApp and Threads. That should give it room to grow supply as demand increases due to its generative AI tools making advertising easier. Lastly, Meta is at the forefront of development in augmented and virtual reality. AI can unlock a lot of value in an environment that's also aware of your surroundings. The company has already seen strong early adoption of its Meta Glasses with AI built in. Shares look very attractive with an enterprise value around 16 times forward estimates on earnings before interest, taxes, depreciation, and amortization (EBITDA). While depreciation of its data centers will weigh on its margins, the company is proving the investments are paying off with very strong revenue growth and by unlocking a lot of potential profits in the long run. Do the experts think Amazon is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Amazon make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,070% vs. just 184% for the S&P — that is beating the market by 885.55%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Adam Levy has positions in Amazon, Meta Platforms, and Microsoft. The Motley Fool has positions in and recommends Advanced Micro Devices, Amazon, Meta Platforms, Microsoft, Nvidia, and Pinterest. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Prediction: 2 Artificial Intelligence (AI) Stocks That Will Be Worth More Than Nvidia by 2030 was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Tiger Global buys more Nvidia, Amazon, exits surging tech stocks
Tiger Global buys more Nvidia, Amazon, exits surging tech stocks

Miami Herald

timean hour ago

  • Miami Herald

Tiger Global buys more Nvidia, Amazon, exits surging tech stocks

Billionaire investor Chase Coleman started his career at Julian Robertson's legendary Tiger Management, and when the fund closed in 2000, he started his own firm, Tiger Global Management. Now, Coleman is well known for chasing hot tech names worldwide, investing in both public stocks and private startups, keeping the aggressive style Robertson was famous for. Now the best-known "Tiger Cubs," Tiger Global has a 1-year performance of 41.38% and a 3-year gain of 105.17%, according to data from Stockcircle. Coleman's famous investments include early bets on Google (GOOGL) and Amazon (AMZN) , as well as building positions in private companies like Facebook (now Meta (META) ) and LinkedIn before their IPOs. That same eye now guides his latest moves, blending bold new bets with timely exits. During the second quarter of 2025, Coleman significantly increased his portfolio value and shuffled key holdings. Here are some of his most notable moves. Image source: Widak/NurPhoto via Getty Images According to a latest 13F filing, Coleman's Tiger Global ramped up its Big Tech bets in Q2, driving a 28% jump in the value of its public holdings from $26.6 billion at the end of Q1 to $34.1 billion as of June 30. That includes adding shares of several mega-cap tech names and starting a new position in a recently listed stock. Related: Warren Buffett buys battered stock, sells more Apple Amazon was the top buy. Tiger Global added its Amazon holdings by over 4.1 million shares, or roughly 62.2%, bringing its total to about 10.7 million shares by quarter's end. This major purchase vaulted the e-commerce giant's value in the portfolio from $1.25 billion to $2.34 billion, making it Tiger Global's fourth-largest holding, accounting for 6.9%. In Q2 2025, Amazon delivered a 13 % revenue increase to $167.7 billion. Still, Amazon shares slid after the Q2 earnings report as it gave lighter-than-expected income guidance for the current period. The fund also expanded its Reddit (RDDT) stake by 89.2%, bringing it to about 6.1 million shares. It also increased its exposure to the semiconductor leaders, adding shares of Nvidia (NVDA) by 6.8% to about 11.7 million shares. The move reflects confidence in Nvidia's position at the center of AI hardware demand. The stock is up 34% this year and is trading near a record, closing at $180.45 on August 15. The recent bullish narrative was partly driven by renewed access to China's market, after the U.S. approved AI chip exports under a deal requiring a 15% fee on China sales. The fund's stake in Broadcom (AVGO) also got a lift, with a 19% rise to about 2.7 million shares. The fund's Q2 filing showed a notable new position in Circle Internet (CRCL) , buying 125,000 shares of the stablecoin and digital payments company. The stock has fallen about 23.6% over the past month but remains up 116% since its June IPO. Wall Street analysts have an average price target of $171.43, suggesting roughly 15% upside. Tiger Global's biggest sales in the second quarter were Chinese e-commerce company PDD Holdings (PDD) , DoorDash (DASH) , and ServiceNow (NOW) . The firm exited PDD entirely, closing what had once been a sizable stake. PDD, the parent of Temu, is up 26% year-to-date. The sell-off may reflect caution over U.S.–China trade tensions or a decision to allocate capital in other tech names. Related: Cathie Wood sells $28 million of popular AI stock In DoorDash, Tiger Global sold nearly all of its holdings, about 98.8% or roughly 2.17 million shares. The fund first started a position in DoorDash in late 2020, exited in the fourth quarter of 2022 after a prolonged slump, and then rebuilt the stake in the third quarter of 2023. Fund manager buys and sells Stocks & Markets Podcast: Sectors to Avoid With Jay WoodsVeteran fund manager sends urgent 9-word message on stocksFund manager explains why tariffs may not be a big deal after all The stock is up nearly 50% year-to-date. The recent sale could mark another deliberate exit, taking advantage of a higher price to lock in gains. ServiceNow was also reduced. Tiger Global cut the position by 48%, leaving about 300,000 shares. While ServiceNow remains a strong player in enterprise workflow software, the reduction also likely suggests a profit-taking approach. Related: Once battered AI stock surges 43% after earnings The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

Littelfuse (NASDAQ:LFUS) Will Pay A Larger Dividend Than Last Year At $0.75
Littelfuse (NASDAQ:LFUS) Will Pay A Larger Dividend Than Last Year At $0.75

Yahoo

time2 hours ago

  • Yahoo

Littelfuse (NASDAQ:LFUS) Will Pay A Larger Dividend Than Last Year At $0.75

Littelfuse, Inc. (NASDAQ:LFUS) will increase its dividend from last year's comparable payment on the 4th of September to $0.75. The payment will take the dividend yield to 1.2%, which is in line with the average for the industry. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Littelfuse's Future Dividend Projections Appear Well Covered By Earnings Unless the payments are sustainable, the dividend yield doesn't mean too much. The last dividend was quite easily covered by Littelfuse's earnings. This indicates that quite a large proportion of earnings is being invested back into the business. According to analysts, EPS should be several times higher next year. Assuming the dividend continues along recent trends, we think the payout ratio will be 19%, which makes us pretty comfortable with the sustainability of the dividend. See our latest analysis for Littelfuse Littelfuse Has A Solid Track Record The company has a sustained record of paying dividends with very little fluctuation. Since 2015, the annual payment back then was $1.00, compared to the most recent full-year payment of $3.00. This means that it has been growing its distributions at 12% per annum over that time. So, dividends have been growing pretty quickly, and even more impressively, they haven't experienced any notable falls during this period. The Dividend Has Growth Potential Investors could be attracted to the stock based on the quality of its payment history. It's encouraging to see that Littelfuse has been growing its earnings per share at 7.4% a year over the past five years. Since earnings per share is growing at an acceptable rate, and the payout policy is balanced, we think the company is positioning itself well to grow earnings and dividends in the future. Littelfuse Looks Like A Great Dividend Stock In summary, it is always positive to see the dividend being increased, and we are particularly pleased with its overall sustainability. Distributions are quite easily covered by earnings, which are also being converted to cash flows. Taking this all into consideration, this looks like it could be a good dividend opportunity. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. As an example, we've identified 2 warning signs for Littelfuse that you should be aware of before investing. Is Littelfuse not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store