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Amazon is developing smart glasses, codenamed "Amelia," to streamline delivery routes and boost driver efficiency. The glasses will provide turn-by-turn navigation, potentially saving seconds per delivery and reducing overall costs. However, the project faces challenges such as battery life and driver adoption. Amazon remains committed to innovation in its delivery network, aiming to maintain its competitive edge.
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A small bullish candle formed on the daily chart with a long upper shadow, indicating a lack of sustained upside momentum. The underlying trend remains choppy with a weak bias. Nifty is expected to bounce from near the lower range of 23,800, with immediate resistance at 24,300.
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Jubilant FoodWorks, owner of Domino's and Dunkin' brands, saw a decline in profits this quarter. Revenue, however, increased significantly. The company added 73 new stores, bringing the total to 3,120. Domino's India achieved record high monthly active users. The company's shares closed slightly lower after the announcement of these results.
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