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Snifflesaha

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- SnifflesahaSnifflesaha
  ·2021-06-19
  Wow
  3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%
  Meme stocks have been all the rage so far this year. That's understandable, with several of them del
  3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%
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- SnifflesahaSnifflesaha
  ·2021-06-17
  Wow
  Amazon will open the doors to a grab-and-go, checkout-less grocery store on Thursday
  Amazon Fresh grocery store with 'Just Walk Out' technology will also offer customers the option for
  Amazon will open the doors to a grab-and-go, checkout-less grocery store on Thursday
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09:13","market":"us","language":"en","title":"3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1166679093","media":"fool","summary":"Meme stocks have been all the rage so far this year. That's understandable, with several of them del","content":"<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.</p>\n<p>However, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.</p>\n<p>AMC Entertainment</p>\n<p><b>AMC Entertainment</b>(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.</p>\n<p>The consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.</p>\n<p>But isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.</p>\n<p>However, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.</p>\n<p>Clover Health Investments</p>\n<p>Only a few days ago, it looked like&nbsp;<b>Clover Health Investments</b>(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.</p>\n<p>Since the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.</p>\n<p>Clover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.</p>\n<p>Still, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.</p>\n<p>Sundial Growers</p>\n<p>At one point earlier this year,&nbsp;<b>Sundial Growers</b>(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.</p>\n<p>Analysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.</p>\n<p>There certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.</p>\n<p>Sundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.</p>\n<p>However, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the&nbsp;<b>Nasdaq</b>&nbsp;stock exchange.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","SNDL":"SNDL Inc.","CLOV":"Clover Health Corp"},"source_url":"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166679093","content_text":"Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.\nAMC Entertainment\nAMC Entertainment(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.\nThe consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.\nBut isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.\nHowever, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.\nClover Health Investments\nOnly a few days ago, it looked like Clover Health Investments(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.\nSince the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.\nClover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.\nStill, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.\nSundial Growers\nAt one point earlier this year, Sundial Growers(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.\nAnalysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.\nThere certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.\nSundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.\nHowever, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the Nasdaq stock exchange.","news_type":1,"symbols_score_info":{"AMC":0.9,"CLOV":0.9,"SNDL":0.9}},"isVote":1,"tweetType":1,"viewCount":785,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161274958,"gmtCreate":1623932296474,"gmtModify":1703823796896,"author":{"id":"3572580300898115","authorId":"3572580300898115","name":"Snifflesaha","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572580300898115","idStr":"3572580300898115"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161274958","repostId":"2144746649","repostType":4,"repost":{"id":"2144746649","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1623930300,"share":"https://ttm.financial/m/news/2144746649?lang=en_US&edition=fundamental","pubTime":"2021-06-17 19:45","market":"us","language":"en","title":"Amazon will open the doors to a grab-and-go, checkout-less grocery store on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2144746649","media":"Dow Jones","summary":"Amazon Fresh grocery store with 'Just Walk Out' technology will also offer customers the option for ","content":"<p>Amazon Fresh grocery store with 'Just Walk Out' technology will also offer customers the option for a traditional grocery transaction</p>\n<p>Amazon Fresh is opening a grocery store in Bellevue, Wash. on Thursday, June 17 that will offer customers the chance to grab and go without standing on line at a checkout lane.</p>\n<p>The launch is the latest in a grocery technology war that is making a trip to the store for milk, bread and eggs a digitally-advanced experience.</p>\n<p>The newest Amazon Fresh grocery store will feature the company's \"Just Walk Out\" technology that allows shoppers to place things in their cart and leave the store without a stop at the cash register to pay the bill.</p>\n<p>Instead, shoppers can wave their palm, scan a QR code in the Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> app or use a credit or debit card upon entry. Customers repeat the mode of payment on their way out the door and receive a digital receipt on their Amazon account.</p>\n<p>Along the way, shoppers can move about the store as they normally would at any grocer. Amazon's technology, which combines sensors, \"deep learning\" and \"computer vision,\" can keep track of items added to or removed from a cart.</p>\n<p>Shoppers who want the traditional grocery store experience can opt for that, and pay using a card, cash, SNAP EBT or a code from the Amazon app.</p>\n<p>\"Bringing Just Walk Out technology to a full-size grocery space with the Amazon Fresh store in Bellevue showcases the technology's continued ability to scale and adapt to new environments and selection,\" said Dilip Kumar, vice president of physical retail and technology at Amazon, in a statement.</p>\n<p>Amazon has been opening Go stores nationwide over recent years.</p>\n<p>The new Bellevue Amazon Fresh store will be stocked with fruit, meat, prepared foods and all the other items <a href=\"https://laohu8.com/S/AONE\">one</a> would find in a traditional grocery store.</p>\n<p>The first Amazon Fresh store opened in August 2020 and now there are more than a dozen across California, Illinois, and Virginia.</p>\n<p>Retailers in the grocery space are increasingly using technology to enhance customer service options and get a leg up on the competition.</p>\n<p>Kroger Co. <a href=\"https://laohu8.com/S/KR\">$(KR)$</a> and its partner Ocado Group <a href=\"https://laohu8.com/S/PLC\">PLC</a> opened a high-tech fulfillment center in April that has more than 1,000 bots working alongside human staff.</p>\n<p>And Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> will be piloting self-checkouts in stores this summer, including <a href=\"https://laohu8.com/S/AONE.U\">one</a> in Terrace, British Columbia.</p>\n<p>\"One of the new initiatives we will be testing later this summer in a handful of stores -- including in Terrace -- is offering 100% self-checkout by removing the traditional 'belted' checkout lanes,\" Walmart said in a statement sent to MarketWatch.</p>\n<p>\"Our customers have embraced self-checkouts as they've rolled out across the country over the past few years. We've also been enhancing the self-checkout lanes by having larger kiosk areas so customers have more space to organize and lay out their purchases.\"</p>\n<p>Walmart began experimenting with this technology in the U.S. last summer.</p>\n<p>\"Over the years we've heard concerns that self-checkouts will impact jobs but that's simply not the case,\" the Walmart statement said.</p>\n<p>\"The self-checkout area will be staffed by dedicated associates to help our customers and there will be no job loss as a result of this change. In fact, our Terrace store is hiring for more than 40 jobs including roles in omnichannel, as we're launching online grocery at this store in the coming months.\"</p>\n<p>UBS analysts estimated in a May report that Amazon accounted for just 2.8% of U.S. grocery industry sales in 2020 but forecasts its share could rise to 5.7% by 2025.</p>\n<p>\"Now, between the sharp rise in online grocery penetration, Amazon's learnings from Whole Foods Market, and the opening of its initial 12 Fresh, conventional grocery locations, we think its share is set to sharply increase,\" analysts wrote.</p>\n<p>\"Given the valuable data it has on Prime members, it can use this to best determine where it locates stores and how to stock them with inventory. If Amazon can roll out 200 locations per year and achieve sales productivity in line with Kroger, it would add $5 billion in annual sales.\"</p>\n<p>UBS rates Amazon stock buy with a $4,350 price target.</p>\n<p>Amazon stock has gained nearly 5% for the year to date. Kroger is up 18.2%. And Walmart is down 4.9%.</p>\n<p>The Dow Jones Industrial Average has rallied 11.2% for the period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon will open the doors to a grab-and-go, checkout-less grocery store on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon will open the doors to a grab-and-go, checkout-less grocery store on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-17 19:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Amazon Fresh grocery store with 'Just Walk Out' technology will also offer customers the option for a traditional grocery transaction</p>\n<p>Amazon Fresh is opening a grocery store in Bellevue, Wash. on Thursday, June 17 that will offer customers the chance to grab and go without standing on line at a checkout lane.</p>\n<p>The launch is the latest in a grocery technology war that is making a trip to the store for milk, bread and eggs a digitally-advanced experience.</p>\n<p>The newest Amazon Fresh grocery store will feature the company's \"Just Walk Out\" technology that allows shoppers to place things in their cart and leave the store without a stop at the cash register to pay the bill.</p>\n<p>Instead, shoppers can wave their palm, scan a QR code in the Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> app or use a credit or debit card upon entry. Customers repeat the mode of payment on their way out the door and receive a digital receipt on their Amazon account.</p>\n<p>Along the way, shoppers can move about the store as they normally would at any grocer. Amazon's technology, which combines sensors, \"deep learning\" and \"computer vision,\" can keep track of items added to or removed from a cart.</p>\n<p>Shoppers who want the traditional grocery store experience can opt for that, and pay using a card, cash, SNAP EBT or a code from the Amazon app.</p>\n<p>\"Bringing Just Walk Out technology to a full-size grocery space with the Amazon Fresh store in Bellevue showcases the technology's continued ability to scale and adapt to new environments and selection,\" said Dilip Kumar, vice president of physical retail and technology at Amazon, in a statement.</p>\n<p>Amazon has been opening Go stores nationwide over recent years.</p>\n<p>The new Bellevue Amazon Fresh store will be stocked with fruit, meat, prepared foods and all the other items <a href=\"https://laohu8.com/S/AONE\">one</a> would find in a traditional grocery store.</p>\n<p>The first Amazon Fresh store opened in August 2020 and now there are more than a dozen across California, Illinois, and Virginia.</p>\n<p>Retailers in the grocery space are increasingly using technology to enhance customer service options and get a leg up on the competition.</p>\n<p>Kroger Co. <a href=\"https://laohu8.com/S/KR\">$(KR)$</a> and its partner Ocado Group <a href=\"https://laohu8.com/S/PLC\">PLC</a> opened a high-tech fulfillment center in April that has more than 1,000 bots working alongside human staff.</p>\n<p>And Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> will be piloting self-checkouts in stores this summer, including <a href=\"https://laohu8.com/S/AONE.U\">one</a> in Terrace, British Columbia.</p>\n<p>\"One of the new initiatives we will be testing later this summer in a handful of stores -- including in Terrace -- is offering 100% self-checkout by removing the traditional 'belted' checkout lanes,\" Walmart said in a statement sent to MarketWatch.</p>\n<p>\"Our customers have embraced self-checkouts as they've rolled out across the country over the past few years. We've also been enhancing the self-checkout lanes by having larger kiosk areas so customers have more space to organize and lay out their purchases.\"</p>\n<p>Walmart began experimenting with this technology in the U.S. last summer.</p>\n<p>\"Over the years we've heard concerns that self-checkouts will impact jobs but that's simply not the case,\" the Walmart statement said.</p>\n<p>\"The self-checkout area will be staffed by dedicated associates to help our customers and there will be no job loss as a result of this change. In fact, our Terrace store is hiring for more than 40 jobs including roles in omnichannel, as we're launching online grocery at this store in the coming months.\"</p>\n<p>UBS analysts estimated in a May report that Amazon accounted for just 2.8% of U.S. grocery industry sales in 2020 but forecasts its share could rise to 5.7% by 2025.</p>\n<p>\"Now, between the sharp rise in online grocery penetration, Amazon's learnings from Whole Foods Market, and the opening of its initial 12 Fresh, conventional grocery locations, we think its share is set to sharply increase,\" analysts wrote.</p>\n<p>\"Given the valuable data it has on Prime members, it can use this to best determine where it locates stores and how to stock them with inventory. If Amazon can roll out 200 locations per year and achieve sales productivity in line with Kroger, it would add $5 billion in annual sales.\"</p>\n<p>UBS rates Amazon stock buy with a $4,350 price target.</p>\n<p>Amazon stock has gained nearly 5% for the year to date. Kroger is up 18.2%. And Walmart is down 4.9%.</p>\n<p>The Dow Jones Industrial Average has rallied 11.2% for the period.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","AMZN":"亚马逊","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144746649","content_text":"Amazon Fresh grocery store with 'Just Walk Out' technology will also offer customers the option for a traditional grocery transaction\nAmazon Fresh is opening a grocery store in Bellevue, Wash. on Thursday, June 17 that will offer customers the chance to grab and go without standing on line at a checkout lane.\nThe launch is the latest in a grocery technology war that is making a trip to the store for milk, bread and eggs a digitally-advanced experience.\nThe newest Amazon Fresh grocery store will feature the company's \"Just Walk Out\" technology that allows shoppers to place things in their cart and leave the store without a stop at the cash register to pay the bill.\nInstead, shoppers can wave their palm, scan a QR code in the Amazon $(AMZN)$ app or use a credit or debit card upon entry. Customers repeat the mode of payment on their way out the door and receive a digital receipt on their Amazon account.\nAlong the way, shoppers can move about the store as they normally would at any grocer. Amazon's technology, which combines sensors, \"deep learning\" and \"computer vision,\" can keep track of items added to or removed from a cart.\nShoppers who want the traditional grocery store experience can opt for that, and pay using a card, cash, SNAP EBT or a code from the Amazon app.\n\"Bringing Just Walk Out technology to a full-size grocery space with the Amazon Fresh store in Bellevue showcases the technology's continued ability to scale and adapt to new environments and selection,\" said Dilip Kumar, vice president of physical retail and technology at Amazon, in a statement.\nAmazon has been opening Go stores nationwide over recent years.\nThe new Bellevue Amazon Fresh store will be stocked with fruit, meat, prepared foods and all the other items one would find in a traditional grocery store.\nThe first Amazon Fresh store opened in August 2020 and now there are more than a dozen across California, Illinois, and Virginia.\nRetailers in the grocery space are increasingly using technology to enhance customer service options and get a leg up on the competition.\nKroger Co. $(KR)$ and its partner Ocado Group PLC opened a high-tech fulfillment center in April that has more than 1,000 bots working alongside human staff.\nAnd Walmart Inc. $(WMT)$ will be piloting self-checkouts in stores this summer, including one in Terrace, British Columbia.\n\"One of the new initiatives we will be testing later this summer in a handful of stores -- including in Terrace -- is offering 100% self-checkout by removing the traditional 'belted' checkout lanes,\" Walmart said in a statement sent to MarketWatch.\n\"Our customers have embraced self-checkouts as they've rolled out across the country over the past few years. We've also been enhancing the self-checkout lanes by having larger kiosk areas so customers have more space to organize and lay out their purchases.\"\nWalmart began experimenting with this technology in the U.S. last summer.\n\"Over the years we've heard concerns that self-checkouts will impact jobs but that's simply not the case,\" the Walmart statement said.\n\"The self-checkout area will be staffed by dedicated associates to help our customers and there will be no job loss as a result of this change. In fact, our Terrace store is hiring for more than 40 jobs including roles in omnichannel, as we're launching online grocery at this store in the coming months.\"\nUBS analysts estimated in a May report that Amazon accounted for just 2.8% of U.S. grocery industry sales in 2020 but forecasts its share could rise to 5.7% by 2025.\n\"Now, between the sharp rise in online grocery penetration, Amazon's learnings from Whole Foods Market, and the opening of its initial 12 Fresh, conventional grocery locations, we think its share is set to sharply increase,\" analysts wrote.\n\"Given the valuable data it has on Prime members, it can use this to best determine where it locates stores and how to stock them with inventory. If Amazon can roll out 200 locations per year and achieve sales productivity in line with Kroger, it would add $5 billion in annual sales.\"\nUBS rates Amazon stock buy with a $4,350 price target.\nAmazon stock has gained nearly 5% for the year to date. Kroger is up 18.2%. And Walmart is down 4.9%.\nThe Dow Jones Industrial Average has rallied 11.2% for the period.","news_type":1,"symbols_score_info":{"09086":0.9,"AMZN":0.9,"QNETCN":0.9,"03086":0.9}},"isVote":1,"tweetType":1,"viewCount":840,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}