UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
UPS stock dived to a multiyear low.The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...
The week's investing action plan includes a strong dose of pharma and biotech earnings, January econ reports, plus Amazon and Alphabet.
Shares of Amazon (NASDAQ: AMZN) slipped marginally on Wednesday, losing -0.31%. But the big news for the company came on ...
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
Amazon’s next quarterly earnings call should feature details on Amazon Web Services management and AWS’ AI and database products. A new Amazon Web Services CEO. The opportunity in artificial ...
More subscribers equal more revenue, which leads to more content investments, which lead to more engagement, which leads to ...
United Parcel Service (UPS) is currently in damage control mode after announcing a significant reduction in its business with Amazon, ...
Tech giants focus on AI integration in their products, with Apple leading in AI product discussions. Nvidia is speaks ...
Hence, I am downgrading AMZN stock to a “Hold” rating. Source: Amazon: Earnings, Valuation, Insider Selling, And More (Rating Downgrade) Now, given Amazon's recent burst into the mid-$200s ...
UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The issue is that there are few near-term catalysts to turn things around. Patient ...