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Amazon, UPS
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
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 agreement that would cut its business with Amazon.com Inc., its largest customer,
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.
2d
Big Retailers Find Big Profits Imitating Amazon’s Ad Business
Amazon may have started in retail, but its biggest profits now come from advertising and cloud computing, with rivals ramping ...
2d
Amazon: I Was Wrong
Analyst re-assesses Amazon stock ahead of Q4 2024 report, noting overvaluation and market-like returns expected.
1h
Amazon sells Quess Corp shares for Rs 46 cr, Fairfax Capital hikes stake
Global e-commerce giant Amazon on Saturday sold shares of business services provider Quess Corp for Rs 46 crore through an ...
1d
on MSN
Amazon increases ad spending on X in major reversal: report
Amazon has increased its ad spending on Elon Musk's X platform in a reversal from its previous decision to remove ads over ...
13d
on MSN
Is Amazon a Buy, Sell, or Hold in 2025?
Amazon (NASDAQ: AMZN) has been a winning investment over time. There's a clear reason for this top performance: Amazon has ...
2d
on MSN
Amazon Hikes Prices for Music Streaming Service
Another major music streaming service is hiking its subscription price.
1d
on MSN
UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
ABP Live on MSN
17h
Amazon Layoffs: Tech Firm Cuts More Jobs From Several Teams
The layoffs are part of Amazon CEO Andy Jassy's ongoing efforts to reshape the company since he took over from founder Jeff ...
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