Rob Black’s Winners & Losers: Amazon closer to making drone delivery a reality

Bay Area

On today’s edition of Rob Black’s Winners & Losers, financial expert Rob Black talks with KRON4 ‘s James Fletcher about home sales, millennials, and Amazon drone delivery. 

Rob also answers the viewer question, “I heard Tesla stock could either double or crater. Thoughts?”

Home sales fell in April: According to the National Association of Realtors, sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 million units. 

Millennials in bad financial shape: According to the Wall Street Journal, millennials lag behind baby boomers and Gen X when it comes to who’s in best financial shape. 

Amazon closer to making drone delivery service a reality: The Civil Aviation Authority (CAA) announced that its newly formed innovation team would be launching a virtual testing space, known as an “Innovation Sandbox,” where a group of companies (of which Amazon was named a participant) would have the chance to “discuss, explore, trial and test emerging concepts,” according to Business Insider.

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