UPS Breaks With Amazon to Take ‘Control of Own Destiny’
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
Amazon Cuts Down its Corporate Communications Team in its Latest Series of Layoffs
Amazon Spheres, the company’s iconic Seattle HQ, is home to the company that, from humble origins, has revolutionized digital commerce. But inside the Sphere, the question is, how many employees feel ...
Stock market today: Dow, S&P 500, Nasdaq move higher with Apple earnings in the wings
US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results ...
DeepSeek will hardly dent magnificent seven stocks, survey shows
Investors believe DeepSeek’s AI debut will not impact the Magnificent Seven companies, with 88% of respondents expecting minimal effects on the S&P 500. The survey highlights President Trump’s ...
Intel reports Q4 beats on top and bottom line, stock rises on foundry revenue outlook
For the quarter, Intel reported earnings per share (EPS) of $0.13 on revenue of $14.3 billion. Analysts were anticipating EPS of $0.12 on revenue of $13.8 billion. The company saw EPS of $0.54 and $15 ...
UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
Cathie Wood buys $16.6 million of wavering tech stocks
Cathie Wood, chief of Ark Investment Management, believes in tech stocks that will have a disruptive impact. She isn’t afraid to buy them on the way down — or up. Sometimes her strategy works: The ...
Amazon’s latest job cuts impact corporate communications and sustainability employees
Two of Amazon's Seattle headquarters towers rise above the Spheres. (GeekWire File Photo /) Amazon laid off employees in its ...
UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...
UPS Shares Sink on Disappointing Forecast for Parcel Demand
United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...
UPS unveils cost-cutting push as tepid parcel shipment demand weighs on outlook
Investing.com - UPS' revenue guidance for the 2025 fiscal year missed analysts' estimates, while the shipping giant also announced a multi-year drive to restructure its key U.S. network as it contends ...