Get All Access for $5/mo

Amazon Stock Rises as the 'Scout' Delivery Robot Is Unveiled A majority of Entrepreneur Index™ stocks were up on the day.

By Matthew McCreary

Amazon | YouTube

Amazon announced the launch of its cooler-sized ground delivery unit, Scout, on Thursday. Amazon had already showcased its drone deliveries, but it's now branching out even further with its logistics business.

"We're starting with six Amazon Scout devices, delivering packages Monday through Friday, during daylight hours," Amazon said in a statement. "The devices will autonomously follow their delivery route but will initially be accompanied by an Amazon employee. We developed Amazon Scout at our research and development lab in Seattle, ensuring the devices can safely and efficiently navigate around pets, pedestrians and anything else in their path."

The announcement helped Amazon stock prices rise by 14.91 points per share -- 0.91 percent.

Other big winners on the day were chipmaker NVIDIA Corp. (5.73 percent) and Analog Devices (6.63 percent). 39 of the 60 stocks in the Entrepreneur Index™ were up on the day, including FAANG stocks Facebook, Netflix and Alphabet.com.

J.M. Smucker Company (-2.32 percent), OReilly Auto Parts (-2.29 percent) and Brown-Forman Corp (-2.23 percent) had the biggest drops on the day.

The Entrepreneur Index™ collects the top 60 publicly traded companies founded and run by entrepreneurs. The entrepreneurial spirit is a valuable asset for any business, and this index recognizes its importance, no matter how much a company has grown. These inspirational businesses can be tracked in real time on Entrepreneur.com.

Matthew McCreary

Entrepreneur Staff

Associate Editor, Contributed Content

Matthew McCreary is the associate editor for contributed content at Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

How to Be a Billionaire By 25, According to a College Dropout Turned CEO Worth $1.6 Billion

Austin Russell became the world's youngest self-made billionaire in 2020 at age 25.

Living

Taylor Swift Has a Lucky Number. And She's Not the Only High Performer Who Leans Into Superstitions to Boost Confidence.

Even megastars like Swift need a little extra something to get them in the right mindset when it is game time.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Marketing

SEO Trends You Need to Be Aware of Right Now, According to a Seasoned Pro

Navigate the future of search engine optimization to elevate your online presence and drive meaningful engagement.

Career

These 3 Big Tech Companies Offer 6-Figure Salaries and Easy Interviews — Especially If You Follow This Expert's Advice

There are far more candidates than positions, so being strategic on the job hunt is key.

Health & Wellness

4 Habits I Cultivated to Become a Healthier, More Effective Entrepreneur

By the time I hit mid-life, some of my bad habits were becoming a risk to my long-term business goals — and my health. Here's how I was able to change them.