Millions more people may be able to get smaller, lightweight Amazon packages delivered by drones by the end of the year under a plan the company announced Thursday to expand the airborne shipping to suburban areas in nearly 500 U.S. cities.Customers could receive the drone deliveries in as fast as 30 minutes, Amazon said in a news release. The drones can carry packages up to 5 pounds.The plan will intensify the battle between Amazon and Walmart to provide consumers with the fastest delivery times.
Amazon hopes to offer drone deliveries in nearly 500 U.S. communities by year-end. That will mark a sixfold increase for Amazon's Prime Air service, the company announced Wednesday (Aug. 19), as it targets metro areas such as Chicago, Cleveland and Atlanta.
The e-commerce giant to launch Prime Air in metro areas including Chicago, Atlanta, Cleveland, Syracuse, N.Y., and Boise, Idaho.
Amazon is planning to offer drone deliveries in nearly 500 U.S. cities and towns this year. The company has quietly expanded to more metro areas in recent months after receiving a key regulatory greenlight enabling longer-range deliveries.
Amazon's Prime Air drone delivery service is expanding to nearly 500 U.
Amazon Ads is gaining momentum as AI-driven shopping creates new opportunities for sponsored discovery and stronger advertiser returns.
As Amazon.com, Inc. (NASDAQ: AMZN) stock rose by more than 15% since it reported a record-breaking quarterly performance, Brian Nowak, an analyst at Morgan Stanley (NYSE: MS), expects another rally towards a new all-time high (ATH) over the next 12 months.
David Tepper's Appaloosa LP disclosed its Q2 2026 13F on Friday, August 14, 2026, revealing a portfolio anchored by five mega-cap AI names: Amazon, Micron, Taiwan Semiconductor, Meta, and Alphabet.
On a recent episode of The Investor's Podcast (838), Daniel Mahncke and Shawn O'Malley argued that Amazon offers more asymmetric upside than its hyperscaler peers: “Amazon has literally built one of the largest chip businesses in the world in the last couple of years, and barely anyone has even noticed.
Amazon is very far from its goal of achieving $1 trillion in cloud revenue, but it could deliver handsome returns for investors as it pursues that target, an analyst notes.
Amazon is buying tons of rare books, cutting off their spines, and scanning them for AI training, according to 404 Media, which placed a tracking device in a rare book that ultimately arrived at an Amazon facility in Las Vegas.
Amazon (NASDAQ:AMZN | AMZN Price Prediction) briefly crossed the $3 trillion market cap threshold in early August.