The Dow fell Friday after the White House said tariffs begin on Saturday. The S&P 500 and Nasdaq also finished lower. The market also reacted to PCE inflation data.
UPS shares fell over 15% Thursday after issuing weak revenue guidance and announcing plans to cut Amazon deliveries by more ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
The Investment Committee give you their top stocks to watch for the second half.
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
USPS CEO Carol Tomé says the company is planning on reducing Amazon deliveries by half in the middle of next year.
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...