UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.
UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.
From IBM's solid quarterly numbers to Microsoft's weak earnings show, here's a look at some of the major developments from ...
The S&P/ASX 200 is set to tick higher after a solid overnight session, which saw ten out of eleven S&P 500 sectors finish higher.
UPS said it will cut the volumes it handles for Amazon by 50% going into the second half of 2026 as part of a plan to improve profitability at the parcel carrier. The news was announced during the ...
United Parcel Service (NYSE: UPS) Q4 2024 Earnings Call Jan 30, 2025, 8:30 a.m. ET Big Tech earnings, a key Fed meeting, and ...
Shares of United Parcel Service (UPS) sank over 16% Thursday to lead S&P 500 decliners after the shipping giant reported ...
United Parcel Service UPS reported fourth-quarter 2024 earnings (excluding 74 cents per share) of $2.75, which beat the Zacks ...
UPS stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...
United Parcel Service (UPS) stock dove today after the delivery company released a mixed earnings report for Q4 2024. First ...
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
Morgan Stanley believes UPS (UPS) shares will be under pressure today despite the company’s Q4 beat as the FY25 guidance is implied to come in ...