United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com - a move that will shed some of its least-profitable business and help ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
Guidance and a major change in its relationship with Amazon, however, sent the shares tumbling.A long-held investor concern ...
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.
Microsoft, MSFT, CEO Satya Nadella is expected to talk about DeepSeek, Stargate, Azure, Copilot, AI, GenAI and more on the ...
UPS said it reached an agreement in principle with its largest customer to lower its volume by more than 50% by the second half of 2026. In UPS's latest annual report, the company singled out ...
UPS is breaking away from Amazon.com. The package-delivery company said it was cutting volumes from its largest customer by half, and warned its revenue would come in about $6 billion lower than Wall ...
Nevertheless, the 44-stock, $301 billion portfolio Warren Buffett oversees at Berkshire Hathaway has roughly $74 billion ...
Amazon (AMZN – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst Nicholas Jones ...
As Silicon Valley entrepreneur Peter Thiel once wrote, "Competition is for losers." When a firm enjoys little competition, it ...
Shares of Amazon (NASDAQ: AMZN) slipped marginally on Wednesday, losing -0.31%. But the big news for the company came on ...
Meta Platforms (META), the parent company of Facebook, Instagram, WhatsApp, Oculus, Threads and other brands, is scheduled to report fourth ...