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UPS, Amazon
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most profitable customer.
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com, a surprise move that sent shares tumbling as much as 18%.
UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.
13h
UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
16h
Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
StockStory.org on MSN
16h
United Parcel Service (UPS) Stock Trades Down, Here Is Why
Shares of parcel delivery company UPS (NYSE:UPS) fell 17.6% in the morning session after the company reported weak ...
SchaeffersResearch.com
18h
UPS Stock Eyes Worst Day Ever After Earnings, Amazon Deal
Today's bear gap has UPS falling to more than four-year lows and its largest single-day percentage drop in history. The ...
19h
UPS reduces Amazon shipments, Lowers 2025 forecast; shares drop
UPS cutting Amazon deliveries in half, expects $89B in 2025. Stock down 13% as company reorganizes due to slow sales.
3h
Strategic Restructuring Fuels UPS Buy Rating Despite Amazon Volume Decline
Bernstein analyst David Vernon has maintained their bullish stance on UPS stock, giving a Buy rating yesterday.Invest with Confidence: Follow ...
cweb
7h
UPS Records Worst Single-Day Performance; CWEB Compares Outlook with Competitors
United Parcel Service (NYSE: UPS) faced its worst single-day stock performance on record after the company released a ...
12h
S&P 500 Gains and Losses Today: UPS Stock Drops as Shipper Trims Amazon Deliveries
The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic growth.
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