US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results ...
The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic growth.
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
Guidance and a major change in its relationship with Amazon, however, sent the shares tumbling. UPS reported on Thursday that its fourth-quarter earnings per share were $2.75 from sales of $25.3 ...
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
Gross domestic product (GDP) increased at an annual rate of 2.3% in the fourth quarter of 2024, according to the Bureau of ...
United Parcel Service (NYSE: UPS) beat expectations for the fourth quarter, but the company's forecast for 2025 was well short of expectations, in part because of a high-profile break with partner ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
Amazon (AMZN) is ramping up ad spending on Elon Musk's social media platform X, and the decision to do so involved CEO Andy Jassy, WSJ reported Thursday, citing people familiar with the situation.
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
Shares of United Parcel Service (UPS) sank over 16% Thursday to lead S&P 500 decliners after the shipping giant reported ...