UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
India to build its own foundational AI model; to host DeepSeek on Indian servers soon: Ashwini Vaishnaw
India’s IT minister announced the country’s goal to launch competitive foundational AI models with a new compute facility ...
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UPS forecasts revenue slide on fewer Amazon deliveries, shares drop
UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon, sending its ...
Samsung Galaxy S25, S25+, and S25 Ultra Phones Go All-In on AI
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UPS to cut its Amazon business by more than 50%. Here's why.
UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...
UPS Stock Sinks on Plans to Slash Business with Amazon
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
UPS Stock Plunges as Amazon Plans 50% Volume Cut
UPS stock is lower after announcing that Amazon, its largest customer, will slash its volume by more than 50% by late 2026.