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Stockreport

Amazon halts Blue Jay robotics project after less than six months [TechCrunch]

Amazon.com, Inc. (AMZN)  More Company Research Source: TechCrunch
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
The ecommerce giant has halted its Blue Jay warehouse robotics project just months after unveiling the tech, as originally reported by Business Insider and confirmed by TechCrunch. Blue Jay, a multi-armed robot designed to sort and move packages, was unveiled in October for use in the company's same-day delivery facilities. At the time, the company was testing the robots at a facility in South Carolina and said it took Amazon significantly less time to develop Blue Jay — only about a year— than it did to develop its other warehouse robots, a speed the company credited to advancements in AI. Amazon spokesperson Terrance Clark told TechCrunch that Blue Jay was launched as a prototype — although that was not made clear in the company's original press release. The company plans to use Blue Jay's core technology for other robotics “manipulation programs” with employees who worked on Blue Jay being moved to other projects. “We're always experimenting with new ways to improve the cu [Read more]

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Stockreport

Amazon halts Blue Jay robotics project after less than six months [TechCrunch]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
The ecommerce giant has halted its Blue Jay warehouse robotics project just months after unveiling the tech, as originally reported by Business Insider and confirmed by TechCrunch. Blue Jay, a multi-armed robot designed to sort and move packages, was unveiled in October for use in the company's same-day delivery facilities. At the time, the company was testing the robots at a facility in South Carolina and said it took Amazon significantly less time to develop Blue Jay — only about a year— than it did to develop its other warehouse robots, a speed the company credited to advancements in AI. Amazon spokesperson Terrance Clark told TechCrunch that Blue Jay was launched as a prototype — although that was not made clear in the company's original press release. The company plans to use Blue Jay's core technology for other robotics “manipulation programs” with employees who worked on Blue Jay being moved to other projects. “We're always experimenting with new ways to improve the cu [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