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The CEO of a startup building robots for factories explains how US manufacturing is at a crossroads [Business Insider]

Amazon.com, Inc. (AMZN)  More Company Research Source: Business Insider
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Have an account? Log in This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here The US manufacturing industry is at a crossroads: try catching the leaders where they are or beat them to where the industry is headed. Edward Mehr sits firmly in the second camp. The thesis of his robotics-enabled manufacturing startup, Machina Labs, is that America's reindustrialization needs to be distributed and flexible. Trying to build the centralized, traditional factories China has perfected is a lost cause. "It's going to be a miracle to catch up if you want to replicate what they have," Mehr told me. "It's just not the right chess move. We need to try to see if we can leapfrog and then do the next generation." We're still in the early stages of robotics in factories. Mehr said the industry is still five years away from a major, ChatGPT-like breakthrough. But there's no shortage of companies giving it a g [Read more]
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Stockreport

The CEO of a startup building robots for factories explains how US manufacturing is at a crossroads [Business Insider]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Business Insider
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Have an account? Log in This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here The US manufacturing industry is at a crossroads: try catching the leaders where they are or beat them to where the industry is headed. Edward Mehr sits firmly in the second camp. The thesis of his robotics-enabled manufacturing startup, Machina Labs, is that America's reindustrialization needs to be distributed and flexible. Trying to build the centralized, traditional factories China has perfected is a lost cause. "It's going to be a miracle to catch up if you want to replicate what they have," Mehr told me. "It's just not the right chess move. We need to try to see if we can leapfrog and then do the next generation." We're still in the early stages of robotics in factories. Mehr said the industry is still five years away from a major, ChatGPT-like breakthrough. But there's no shortage of companies giving it a g [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS