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MarketBeat
MarketBeat
Business
Gabriel Osorio-Mazilli

How Amazon's Drone Deliveries Could Boost Profits and Valuation

Most of the market is now focused on the technology sector and its ability to deliver on the promises of artificial intelligence. However, there are many other innovations that should make it to the podium in the coming months. The idea of drone delivery for package services was introduced not too long ago, and it never got any attention until today.

In Arizona, one company has achieved what was thought to be years away. Amazon.com Inc. (NASDAQ: AMZN) has been cleared in regulation and safety to start offering same-day drone deliveries. Investors need to keep one thing in mind, and it is that Arizona is now the test subject for success and safety. If drone delivery goes well there, it could soon spread all across the United States.

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