Baird analyst Garrett Holland downgrades UPS stock to Hold from Buy and cuts his price target to $130 a share from $160.
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
The change will come into effect by the second half of 2026, with UPS CEO Carol Tomé indicating the cause being that Amazon ...
Markets rebounded from lows despite a down week. Earnings reports drove movement, with Apple rising. Tariff concerns grow as ...
UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Read more at The Business Times.
Dow, S&P 500, and Nasdaq futures are rising in premarket trading Friday as the stock market waits for news on President Donald Trump's threats to apply tariffs on Mexico, Canada, and China. Also PCE ...
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 ...
With an impressive slate of original series planned to premiere in 2025, Amazon MX Player is sure to attract audiences. With returning beloved seasons and new, captivating stories ...
United Parcel Services (UPS), one of the 20 logistic carrier partners that Amazon uses to fulfil deliveries in Australia, saw ...
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.
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...