Latest news with #ecommerce
Yahoo
7 hours ago
- Business
- Yahoo
Amazon (AMZN)'s AI Push Could Fuel AWS Growth—And Wall Street Is Finally Noticing
Inc. (NASDAQ:) is one of the . On July 10, Citizens JMP analyst Andrew Boone raised the price target on the stock to $285.00 (from $250.00) while maintaining a 'Market Outperform' rating. Firm analysts are of the view that Amazon's AWS opportunity remains underappreciated. 'With reach across 100M + U.S. households, supported by a best-in-class logistics network, and ever-widening selection, we believe Amazon's ability to offer ever faster delivery can continue to unlock demand for additional retail categories and retail growth. "This retail network fuels Amazon's consumer data which is a key driver of its advertising business that we believe can continue to take share given Amazon's growing CTV business. Last, and maybe most important, we believe AI is a key driver of digital transformation and that AI can help drive AWS growth to accelerate, as the AWS opportunity remains underappreciated, in our view.' Inc. (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. 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
Yahoo
8 hours ago
- Business
- Yahoo
Amazon (AMZN)'s AI Push Could Fuel AWS Growth—And Wall Street Is Finally Noticing
Inc. (NASDAQ:) is one of the . On July 10, Citizens JMP analyst Andrew Boone raised the price target on the stock to $285.00 (from $250.00) while maintaining a 'Market Outperform' rating. Firm analysts are of the view that Amazon's AWS opportunity remains underappreciated. 'With reach across 100M + U.S. households, supported by a best-in-class logistics network, and ever-widening selection, we believe Amazon's ability to offer ever faster delivery can continue to unlock demand for additional retail categories and retail growth. "This retail network fuels Amazon's consumer data which is a key driver of its advertising business that we believe can continue to take share given Amazon's growing CTV business. Last, and maybe most important, we believe AI is a key driver of digital transformation and that AI can help drive AWS growth to accelerate, as the AWS opportunity remains underappreciated, in our view.' Inc. (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
South China Morning Post
17 hours ago
- Business
- South China Morning Post
Meituan's daily orders hit record 150 million amid heated battle with JD.com and Alibaba
Meituan, mainland China's top on-demand delivery giant, said on Sunday that daily orders on its platform have surged to another all-time high – a sign that the company has managed to fend off competition from rivals like and Alibaba Group Holding. The Beijing-based company said daily transactions had reached 150 million, just days after surpassing 120 million last week. The firm's record daily orders for both food and retail goods delivery comes at a time when major Chinese e-commerce players are investing heavily to boost transaction volumes in the instant delivery market. Meituan founder and CEO Wang Xing told analysts in a post-earnings call in March that the company would do 'whatever it takes to win' in the instant delivery market, where the competition has intensified in recent months. 06:33 'We're quite helpless': why Chinese delivery drivers are at their breaking point 'We're quite helpless': why Chinese delivery drivers are at their breaking point Wang said that the company would invest 100 billion yuan (US$13.9 billion) in the food service industry to 'support merchants across various categories as well as to boost consumer demand'. His comments came after cross-town rival launched the first salvo in the mainland's food delivery market, stepping into a segment that has long been dominated by Meituan.
Yahoo
19 hours ago
- Business
- Yahoo
Guggenheim Raises PT on Kroger Co. Stock to $78, Maintains Buy Rating
The Kroger Co. (NYSE:KR) is one of the 12 Best Stocks to Invest in for Good Returns. On June 23, Guggenheim raised the price target on The Kroger Co. (NYSE:KR) stock from $73 to $78, maintaining its Buy rating. Guggenheim analyst John Heinbockel increased the price target on KR as he believes that Kroger is making progress to restore food volume growth and reduce major e-commerce losses. Heinbockel added that although work remains to close the top-line gap with key club competitors, Kroger's seems to be thriving across the e-commerce segment. The company's e-commerce sales soared by 15% during Q1 2025, driven by order accuracy and reduced pickup wait times, leading to higher customer engagement. The company's Our Brands segment outperformed national brands for the seventh straight quarter in Q1, fueled by high-quality products and innovation, such as the release of 80 new protein products. A Wall Street analyst reviewing stock information on a computer, examining data points for a new investment opportunity. Heinbockel's 'longstanding' Buy rating is further backed by Kroger Co.'s (NYSE:KR) defensive positioning during the macro uncertainty and a $6 billion share buyback during the next 18 months. The Kroger Co. (NYSE:KR) is a food and drug retailer. The company operates supermarkets, multi-department stores, and fulfilment centers throughout the U.S. While we acknowledge the potential of KR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
20 hours ago
- Business
- Yahoo
DHL to Pour $747 Million Into UK and Ireland Robotics Strategy
DHL wants to expand its robotic reach. The third-party logistics provider announced Wednesday that it would invest £550 million ($747.1 million) into its warehouse robotics capabilities in the United Kingdom and Ireland in the coming years to accelerate its e-commerce and health logistics businesses. More from Sourcing Journal Amazon Now Employs Almost As Many Robots As People Global Contract Logistics Growth Slows as Asia Leads and US Trade Policies Weigh LA Startup Grabs $10M to Build Out Fully Automated Freight Cross-Dock The decision coincides with the UK government releasing its first trade strategy since its exit from the European Union in early 2020; according to an announcement from the government late last month, the strategy was designed to foster economic growth for the UK and create meaningful trade agreements that will benefit residents and partners alike. DHL said that strategy only adds to the UK's position as 'a resilient and adaptable logistics hub [that] plays a key role in global commerce as trade patterns continue to shift' and noted that its continued shift toward warehouse automation will help enable growth for the UK's economy in the sectors it serves. To date, the company has deployed more than 2,000 robots in its UK-based warehouses. It uses more than 750 picking robots, made by partners Locus Robotics and 6 River Systems. The robots deployed with help from the latter partner are typically autonomous mobile robots (AMR) that are meant to assist human warehouse workers in fulfilling orders and locating items in tightly packed facilities. 6 River Systems' robot Chuck has several shelves and can move around on its own or with human intervention, just as a regular push cart might if it was enabled with automated steering. These picking robots have gone live at 18 sites throughout the UK, Ireland and the company's EMEA territory. What's more, DHL recently deployed its first Boston Dynamics Stretch Robot in the UK. Stretch assists human operators with unloading boxes weighing up to 50 pounds out of trucks and containers, a task which warehouse operators have long struggled to fully automate because of the crowded nature of transportation vessels hauling cargo and parcels, as well as the differing sizes of packages stowed in many trucks and containers. Stretch looks like a large-scale robotic arm that can glide around independently; instead of a hand, hook or grabber, it uses a suction panel to grasp and move goods autonomously and can grab boxes from the sides, not just from the top or bottom. This particular robotic model can operate unattended because it uses computer vision to detect any boxes or cargo that shift around or fall in transit or during unloading, then uses that data to correct the issue. According to DHL, Stretch robots can unload as many as 700 boxes hourly; the idea is that, if Stretch is consistently unloading boxes and parcels, human warehouse workers will be exposed to lower levels of injury risk while also amping up warehouse efficiency. Other Stretch users include Gap and H&M, according to Boston Dynamics' site. As part of DHL's newly announced investment, it plans to ramp up its partnerships with its robotic vendors. The idea is that, rather than simply purchasing or licensing pre-existing technology, the third-party logistics player will help develop, test and scale new technologies that could benefit the warehouse of the future. Tim Tetzlaff, global head of digital transformation, DHL Supply Chain, said the technology will help redefine e-commerce as consumers know it. 'At DHL, we're driving the next wave of automation, not as a one-size-fits-all approach but as a set of intelligent, adaptive technologies tailored to the specific needs of individual sectors,' Tetzlaff said in a statement. 'For e-commerce, for example, where the market is evolving and demand is growing, we're expanding our fulfillment capabilities to support that shift with automated solutions that significantly simplify high-volume operations.' 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
