Amazon stock surged to all-time highs Wednesday, and we have every reason to believe that its run can continue as the e-commerce giant becomes the largest U.S. delivery company. Bank of America on Wednesday projected that Amazon will deliver over 9 million packages globally this year. Leveraging the buildout and regionalization of its logistics network, the analysts said delivery speeds have "dramatically improved, with nearly 25% of estimated units now delivered same-or-next day.
An Amazon workers pull a cart of packages for delivery on E 14th Street on July 12, 2022 in New York City.stock surged to all-time highs Wednesday, and we have every reason to believe that its run can continue as the e-commerce giant becomes the largest U.S. delivery company.