Thanks for the analysis. I bought a bit of both. Luckily, I bought Symbotic after the disclosure of the accounting mistake. I am worried about vandalism. 99% successful delivery rate. 1% failure. Say, 10% of the total transaction of a delivery order is revenue for Symbotic. So, for each failure, Symbotic has to reimburse the restaurant 10X the revenue it is getting. so, 1% failure rate on delivery = has to reimburse restaurant 10% of its total revenue from delivery. On top of reimbursing the restaurant, it has to send a person to investigate and fix the problem, and repairing the robots can cost a lot.... So, much of its revenue will go into dealing with vandalism and stealing... Hopefully, with Trump in office, there will be less vandalism and stealing... Having acquire Webu is a huge advantage for Symbotic, and one of major reasons why I bought Symbotic. I actually think AI or automatic cooking is the future. A restaurant in China which relies solely on robotic cooking has been a huge success. And unlike Western food, texture and tenderness etc. matter a lot in Chinese cuisine! So, cooking Chinese dishes often requires a lot more skills (timing must be just right) than say making a Western stew or hamburger or whatever. So, for robotic cooking to have such a success in China, robotic cooking can become successful anywhere.
Invested in symbiotic I love what I’m hearing from them. I wanted to be greedy and bet big on serve robotics but imma be patient and wait because I don’t think the idea wpuld be viable. Maybe if they can pivot to drones but that big ole wall e looking robot looks like a fad to me. Hoping for symbiotic to perform well and Walmart has been doing better recently so that’s good to hear they’re working together
Got a few Symbotic shares already, and im wainting for Serve Robotics to grow a bit more steady in order to buy . But i think both companies are a good long term investment.
Symbotic is such a buy. Huge potential.
It's down so much but seems like it's just falling.
Thanks for the SYM update Parkev.
Our pleasure!
Hey Parkev,could you upload an
update on $RR Richtech Robotics?
Thanks for the analysis. I bought a bit of both.
Luckily, I bought Symbotic after the disclosure of the accounting mistake.
I am worried about vandalism.
99% successful delivery rate. 1% failure.
Say, 10% of the total transaction of a delivery order is revenue for Symbotic.
So, for each failure, Symbotic has to reimburse the restaurant 10X the revenue it is getting.
so, 1% failure rate on delivery = has to reimburse restaurant 10% of its total revenue from delivery.
On top of reimbursing the restaurant, it has to send a person to investigate and fix the problem, and repairing the robots can cost a lot....
So, much of its revenue will go into dealing with vandalism and stealing...
Hopefully, with Trump in office, there will be less vandalism and stealing...
Having acquire Webu is a huge advantage for Symbotic, and one of major reasons why I bought Symbotic.
I actually think AI or automatic cooking is the future.
A restaurant in China which relies solely on robotic cooking has been a huge success.
And unlike Western food, texture and tenderness etc. matter a lot in Chinese cuisine!
So, cooking Chinese dishes often requires a lot more skills (timing must be just right) than say making a Western stew or hamburger or whatever.
So, for robotic cooking to have such a success in China, robotic cooking can become successful anywhere.
Can you please do RR, Richtech Robotics. Thanks for everything you do professor.
Great suggestion!
I bought small position in symbotics and down 35%. I know that I have to buy more to offset the loss.. its a tough decision.
Thank you for your video
SERV is good for long-term?
Invested in symbiotic I love what I’m hearing from them. I wanted to be greedy and bet big on serve robotics but imma be patient and wait because I don’t think the idea wpuld be viable. Maybe if they can pivot to drones but that big ole wall e looking robot looks like a fad to me. Hoping for symbiotic to perform well and Walmart has been doing better recently so that’s good to hear they’re working together
Ik it’s symbotic
Got a few Symbotic shares already, and im wainting for Serve Robotics to grow a bit more steady in order to buy . But i think both companies are a good long term investment.
Is serve robotics good for long term..?
FPE is nuts
Thanks
Welcome
No coverage of $RR?
Could you please do a update on NASDAQ ARM. It's currently on $135
I still dont understand why Google sold Boston Dynamics to Hyundai
KRKNF - where were you on this one???
SERV is currently at $8. Do you think it will move back to $11 or $12 between now and earnings?
Why not both?
The value of a robot will not on the mechanical hardware but on the CPU.
I have about 1/2 position in each.
How does Serv deliver food? Using robots? Means robots drive and deliver food???
Yeah, they're small robotic delivery vehicles.
Serve robotics is the winner long term, Nvidia earnings call will boost it. Do your own research tho
I invested 4500 USD this past week around 11.39 per share and it has been down to 9.60 now. What do u think it will grow ?
@@aniketduggal1455when is a good price to jump in