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UPS Heads For Worst Day On Record Over 2025 Outlook, Plans To Slash Amazon Deliveries — But Retail’s Buying The Dip
Shares of United Parcel Service Inc (UPS) tumbled over 14% on Thursday after the firm missed fourth-quarter revenue estimates, issued guidance that fell short of Wall Street estimates, and indicated a reduction in Amazon deliveries.
UPS and Amazon Are Getting a Divorce—and the Stock Is Paying the Price
UPS Stock Sinks on Plans to Slash Business with Amazon
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.
UPS plans to slash its shipping business with Amazon by half
UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service were suffering their worst day ever on Thursday, after the package-delivery giant announced an agreement that would cut its business with Amazon.com Inc., its largest customer,
Wall Street Lunch: GDP Falls Short Of Consensus
U.S. GDP growth slowed to 2.1% in Q4, with consumer and government spending offset by a decline in investment and rising inflation. UPS reached a deal with Amazon to reduce volume by over 50% by 2026,
UPS scales back on Amazon deliveries: It 'just doesn't make sense for us'
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
24/7 Wall St23h
Amazon Stock (AMZN) Price Prediction and Forecast 2025-2030 For January 29
Shares of Amazon (NASDAQ: AMZN) slipped marginally on Wednesday, losing -0.31%. But the big news for the company came on Tuesday as the stock hit its all-time high price of $241.77. That momentum is reflective of investor sentiment heading into the Amazon’s Feb.
Should You Buy Amazon Stock Before Feb. 6?
A fresh quarterly earnings season is underway in corporate America. Amazon (NASDAQ: AMZN) will release its report for the fourth quarter of 2024 (ended Dec. 31) next Thursday, Feb. 6. Despite Amazon being the world's biggest e-commerce company,
Amazon’s Strategic Position and Growth Prospects Justify Buy Rating Despite AWS Challenges
Amazon (AMZN – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst Nicholas Jones
US stocks boosted at open by earnings and signs AI spending's intact. Nvidia dips, though.
Wall Street opens up on relief Meta and Microsoft kept their AI spending plans even as their earnings come in mixed. Next up, Apple after the close.
Palantir Stock Investors Just Got Great News From a Top Wall Street Analyst
Palantir Technologies ( PLTR -4.48%) was one of the hottest artificial intelligence stocks on the market last year. Its 340% return in 2024 made it the single best-performing member of the S&P 500 ( ^GSPC -1.46%). However, Dan Ives at Wedbush Securities sees the stock moving even higher. And he recently gave shareholders two reasons to be thrilled:
What Wall Street is saying about Meta ahead of earnings
Meta Platforms (META), the parent company of Facebook, Instagram, WhatsApp, Oculus, Threads and other brands, is scheduled to report fourth
24/7 Wall St8d
Amazon Stock (AMZN) Price Prediction and Forecast 2025-2030 For January 22
Amazon (AMZN) Stock Price Prediction in 2025 The current consensus 1-year price target for Amazon stock is $220.00, which is a -0.23% upside from today’s stock price of $220.50.