Symbotic's Q1 results and forward guidance were disappointing, with stagnant system deployments and backlog as particular points of concern. Read more here.

CEO Rick Cohen emphasized that Symbotic achieved high growth in Q1 2025 while advancing its technology. The acquisition of Walmart’s Advanced Systems and Robotics business was highlighted as a ...

Overall, Symbotic believes the two deals could boost its backlog by more than $5 billion and open up a new market for micro-fulfillment of customer orders. The new addressable mar ...

WILMINGTON, Mass., Jan. 28, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it has both completed the acquisition of the ...

Shares of robotics company Symbotic jumped Thursday morning after the company announced an expanded partnership with Walmart that includes Symbotic buying Walmart's robotics business, and Walmart ...

We recently compiled a list of the 10 Important AI News and Ratings for Today. In this article, we are going to take a look ...

Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailer’s automation business.

Symbotic Inc. (SYM), an AI-enabled robotics technology, Tuesday announced that it has completed the acquisition of the advanced ...

Symbotic Inc. (NASDAQ:SYM) shares traded higher premarkets on Thursday after the company disclosed a deal to acquire Walmart Inc.‘s (NYSE:WMT) Advanced Systems and Robotics business. The ...