U.S. Stock Movement | Amazon rises over 2% as the company accelerates its automation process

On Tuesday, Amazon rose more than 2%, closing at $221.96. In terms of news, it was reported that Amazon is accelerating its automation process, planning to replace over 600,000 jobs in the U.S. with robotic systems by 2033. Internal documents show that the company expects to cut about 160,000 jobs by 2027 while doubling its product sales. The report noted that Amazon plans to apply automation technology to 75% of its operational processes, expecting to save $0.30 in warehousing and delivery costs per item. To achieve this goal, internal discussions have suggested using softer language, referring to some robots as "collaborative robots," and using terms like "advanced technology" in public settings