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Amazon halts Blue Jay robotics project after less than six months
TechCrunch· 2026-02-18 18:27
Core Insights - Amazon has discontinued its Blue Jay warehouse robotics project shortly after its introduction, indicating not all robotic initiatives are successful [1][2] Group 1: Blue Jay Project - Blue Jay was a multi-armed robot designed for sorting and moving packages, unveiled in October for same-day delivery facilities [2] - The development of Blue Jay took only about a year, significantly faster than previous robots, attributed to advancements in AI [2] - The project was launched as a prototype, which was not clearly communicated in the initial press release [3] Group 2: Future Plans - Amazon plans to utilize the core technology from Blue Jay in other robotics manipulation programs, reallocating employees who worked on Blue Jay to different projects [3][4] - The company continues to innovate in robotics, having introduced the Vulcan robot, which is designed for storage compartments in warehouses and can interact with objects using advanced sensory technology [4] Group 3: Robotics Development History - Amazon has been developing its internal robotics program since acquiring Kiva Systems in 2012, which laid the groundwork for its fulfillment operations [7] - The company surpassed 1 million robots in its warehouses as of July last year, showcasing its significant investment in automation [7]
Global-E Online Stock Is Surging on Earnings and Guidance
Yahoo Finance· 2026-02-18 17:23
Shares of Israeli e-commerce platform provider Global-e Online (NASDAQ: GLBE) were sharply higher at midday on Wednesday, after the company reported better-than-expected fourth-quarter results. As of noon ET, Global-E Online's shares were up about 11.9% from Tuesday's closing price. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Image source: Getty Images. Global-E Online's revenue ...
eBay (NASDAQ:EBAY) Quarterly Earnings Preview
Financial Modeling Prep· 2026-02-18 16:00
Core Viewpoint - eBay is expected to report solid financial results for the fourth quarter of 2025, with anticipated revenue growth and stable earnings per share, reflecting a positive outlook for the company [1][2][4]. Financial Performance - eBay's projected revenue for the fourth quarter of 2025 is between $2.83 billion and $2.89 billion, indicating a year-over-year growth of 8-10% on a foreign exchange-neutral basis [2][6]. - The Zacks Consensus Estimate for these revenues is $2.88 billion, which represents an 11.64% increase from the previous year, aligning closely with Wall Street's projection of $2.87 billion [2]. - The company's diluted non-GAAP EPS is forecasted to be between $1.31 and $1.36, marking a year-over-year growth of 5% to 9%, with a consensus estimate of $1.36 [4]. Market Valuation - eBay's financial metrics indicate a solid market valuation, with a price-to-earnings (P/E) ratio of approximately 16.71 and a price-to-sales ratio of about 3.37 [5][6]. - The enterprise value to sales ratio is around 3.80, and the enterprise value to operating cash flow ratio is approximately 19.84, reflecting the company's financial health [5]. - eBay's debt-to-equity ratio is about 1.49, and its current ratio is around 0.92, indicating its financial leverage and ability to cover short-term liabilities [5]. Growth Drivers - The company projects its gross merchandise volume (GMV) to be between $20.5 billion and $20.9 billion, supported by marketplace enhancements and strategic partnerships [3]. - eBay expects mid-20% non-GAAP margins, reflecting increased costs and strategic investments, while anticipating steady revenue and GMV growth driven by stronger engagement [3].
Warren Buffett dumps $1.7 billion of Amazon stock
Finbold· 2026-02-18 15:58
Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A, BRK.B) submitted its latest 13-F filing on February 17, 2026, revealing some interesting changes in the portfolio. The most newsworthy one was undoubtedly the staggering 77% reduction in the Amazon (NASDAQ: AMZN) stake, as the company has sold 7.7 million shares in the e-commerce leader, reportedly valued at nearly $1.7 billion.Berkshire first entered Amazon in 2019, and after seven years, the paradigm appears to be shifting again, with ‘The Oracle of Omaha’ ...
Did Warren Buffett Give Up on Amazon? He Sold 77% Before Leaving
247Wallst· 2026-02-18 14:46
Core Viewpoint - Berkshire Hathaway sold 77% of its Amazon stake in Q4, indicating a significant reduction in its investment before Warren Buffett stepped back as CEO [1] Group 1: Investment Actions - Berkshire Hathaway sold 7,724,000 shares of Amazon, reducing its holdings from 10 million shares to 2,276,000 shares valued at $525 million [1] - The initial investment in Amazon was made in 2019, with shares valued at approximately $930 million, which expanded to about $2.1 billion by Q3 of the previous year [1] Group 2: Management and Strategy - The sale of Amazon shares was managed by investment managers, not Warren Buffett himself, suggesting that the decision may not reflect Buffett's personal views [1] - Todd Combs, one of the investment managers linked to tech investments, resigned from Berkshire in December, which may have influenced the timing of the Amazon sale [1] Group 3: Company Performance - Amazon Web Services achieved a $142 billion annual revenue run-rate, with growth at its fastest pace in three years, indicating strong performance in the cloud sector [1] - Amazon plans to invest $200 billion in capital expenditures this year, focusing on data centers and AI infrastructure, which highlights its commitment to growth in these areas [1] Group 4: Market Outlook - Amazon's stock has declined 13% in 2026, particularly after a Q4 earnings report that showed slower-than-expected growth, making the sale appear timely [1] - Analysts project Amazon's revenue to reach $805 billion in 2026, with operating margins at 14.4%, and average price targets of $287 per share, indicating a potential upside of 44% [1]
XLY Has A Major Concentration Risk: Two Stocks Own Nearly Half the Portfolio
247Wallst· 2026-02-18 14:35
4, 2025 at 12:42 PM EDT The stock market's plunge in April was brought on by fear, even panic, of being caught in a downward spiral.…]## Walmart and Costco Are 1/3 of XLP's Defensive Portfolio, Creating A Huge Risk For A Defensive Holding[Michael Williams | 1 hour ago The consumer staples sector exists because people need to eat, clean, and maintain routines regardless of what the economy does.…]## Watch February Earnings From NVIDIA and Microsoft to Predict Where This Mag7 ETF Goes Next[Michael Williams | ...
How To Earn $500 A Month From eBay Stock Ahead Of Q4 Earnings - eBay (NASDAQ:EBAY)
Benzinga· 2026-02-18 13:27
eBay Inc. (NASDAQ:EBAY) will release earnings for its fourth quarter after the closing bell on Wednesday, Feb. 18.Analysts expect the company to report quarterly earnings of $1.35 per share. That’s up from $1.25 per share in the year-ago period. The consensus estimate for eBay's quarterly revenue is $2.87 billion (it reported $2.58 billion last year), according to Benzinga Pro.Ahead of quarterly earnings, UBS analyst Stephen Ju, on Tuesday, maintained a Neutral rating on eBay and lowered the price target fr ...
How To Earn $500 A Month From eBay Stock Ahead Of Q4 Earnings
Benzinga· 2026-02-18 13:27
eBay Inc. (NASDAQ:EBAY) will release earnings for its fourth quarter after the closing bell on Wednesday, Feb. 18.Analysts expect the company to report quarterly earnings of $1.35 per share. That’s up from $1.25 per share in the year-ago period. The consensus estimate for eBay's quarterly revenue is $2.87 billion (it reported $2.58 billion last year), according to Benzinga Pro.Ahead of quarterly earnings, UBS analyst Stephen Ju, on Tuesday, maintained a Neutral rating on eBay and lowered the price target fr ...
Amazon's losing streak, Berkshire's new position, the 'boomcession' and more in Morning Squawk
CNBC· 2026-02-18 13:15
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Wednesday. I've been craving birria since reading about the Mike's Red Tacos new franchising plan.Stock futures are higher this morning. The three major indexes all ended yesterday's session little changed.Here are five key things investors need to know to start the trading day:1. Delivery troublesThe logo and lettering of online retailer Amazon can be seen on the façade of Amazon Germany's headquarters. ...
Alibaba: Risk Outweighs Reward In Its Q3 Earnings Despite AI Chips
Seeking Alpha· 2026-02-18 12:55
The fact is Alibaba Group Holding Limited ( BABA ) ( BABAF ) has generated only +65% in stock price appreciation since its IPO twelve years ago, and I believe the company will likely continue toI am always on the lookout for GARP (Growth At a Reasonable Price) and turnaround stocks, in the dirt and under the rocks. Valuation matters and is the foundation of my stock picking strategy. Following me will allow you to read about stocks with limited downside and unlimited upside.My name is Akim and I am a profes ...