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UBS Says Transport Stock Rout Is "Overdone" After Amazon News
UBS Says Transport Stock Rout Is "Overdone" After Amazon News
UBS senior analyst Tom Wadewitz, who covers freight transportation, told clients that Amazon's latest push to open its supply chain network to businesses beyond its own marketplace triggered an "overdone" sell-off in transport names, including UPS, FedEx, and C.H. Robinson.
Wadewitz said the risk is not new, noting that Amazon's supply chain service has been around since 2023. He said the pullback has created attractive entry points in select transport stocks, particularly UPS, FedEx, and C.H. Robinson.
"While we view AMZN's...
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Apr 14, 2026 / Tyler Durden
Tesla China CEO Says Shanghai Gigafactory Is "Golden Key" To Optimus Robot Production
Tesla China CEO Says Shanghai Gigafactory Is "Golden Key" To Optimus Robot Production
Tesla's China president was quoted by local media on Tuesday as saying the Shanghai Gigafactory could eventually play a major role in mass-producing humanoid robots. The comment comes after Tesla said earlier this year that it would pivot away from producing Model S and X vehicles at its California factory and convert the vehicle production lines to Optimus robot production.
The Shanghai Morning Post quoted Allan Wang Hao, a senior executive at Tesla China, who said the...
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Feb 16, 2026 / Dave DeCamp
From Israel, Sen. Lindsey Graham Pushes for War on Iran While Admitting US Troops Could Be ‘Hit’
From Israel on Monday, Sen. Lindsey Graham (R-SC) pushed for a US war against Iran while acknowledging that US soldiers in the region could get “hit” by Iranian counterattacks, a risk he said was worth it. “Could our soldiers be hit in the region? Absolutely, they could. Can Iran respond if we have an all-out […]
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Feb 15, 2026 / Jason Ditz
Pro-Separatist Rallies in South Yemen Town of Zinjibar; Thousands Call for Restoration of South
While the Saudi-backed government-in-exile for Yemen continues to present the STC separatists as a group that has disbanded and tries to focus on styling themselves as a legitimate government, rallies for the STC continue to grow across the south, hitting more and more cities calling for a restoration of South Yemen as an independent state. […]
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