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Today we are watching…
1.ย FedExย (#fedex)
Stat attack! FedEx delivers 3 billion packages per year, UPS delivers 4.7 billion packages per year, and Amazon delivers 2.5 billion packages per year. This is no longer a duopoly! Amazon is aggressively investing in Prime Air, hell-bent on one day controlling its entire fulfillment process from start to finish. So, when FedEx missed earnings estimates yesterday, investors sold on fears that traditional courier services could get bulldozed by Bezos in the same way as so many other firms. FedEx recently cut ties with the e-commerce giant amid a legal feud, which could hurt its holiday season prospects. However, tariff rollbacks should provide a counterweight. All will be revealed in 2020!
2. Daimler (#daimler)
When it comes to automotive automation, itโs a case of when not if. Independence in self-driving tech is graded on five levels. There’s driver assistance, partial automation, conditional automation, high automation, and full automation. Contrary to what Apple co-founder Steve Wozniak says is possible, Daimler and BMW are predicting highly, if not fully automated vehicles by the end of 2021. Investors can follow their progress right now as primitive safety trials get underway this week in San Jose, California. Daimler-owned Mercedes is testing its urban robo-taxi service. If a self-driving S-Class can avoid bumps and scrapes amid all the inner-city road rage, Daimler might shoot for an even more ambitious timescale.