27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Amazon.Com Inc (NASDAQ:AMZN) recently showcased its advancements in robotics at the "Delivering the Future" event in Seattle.
The event highlighted Amazon's commitment to integrating robotics into its operations, focusing on drone deliveries and warehouse automation.
Also Read: Amazon's Drone Delivery Program Prime Air Hit by Departure of Key Executives
One of the major announcements was the expansion of the Prime Air service. Customers in College Station, Texas, will soon receive medications from Amazon Pharmacy via drones, TechCrunch reports.
Furthermore, the drone delivery service will likely launch in another U.S. city and select locations in the U.K. and Germany next year.
Despite facing challenges, including layoffs and regulatory hurdles, Amazon remains optimistic about the future of drone deliveries.
Amazon also introduced Sequoia, a first-party system to enhance inventory management at fulfillment centers.
Sequoia can process inventory up to 75% faster and reduce order processing time by 25%.
This system aligns with Amazon's goal to improve delivery times and meet customer expectations for same-day or next-day shipping.
Amazon Robotics chief technologist Tye Brady emphasized the importance of human-robot collaboration.
The company is piloting projects with Agility's Digit systems, exploring the potential of humanoid robots in warehouse operations.
Amazon's partnership with MIT/Ipsos aims to understand workers' and consumers' perceptions of industrial robots. As Brady stated, "People will always be at the center of a robotics universe."
Generative AI's role in robotics was another topic of discussion. Amazon sees potential in generative AI for tasks like package identification, damage detection, and real-time decision-making.
With the integration of machine learning and generative AI, Amazon aims to enhance its robotic systems' efficiency and adaptability.
Price Action: AMZN shares traded higher by 3.34% at $132.00 on the last check Monday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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