United Parcel Service Inc
Amazon to spend $4 billion on small town delivery expansion
Trucks travel through a flooded road while exiting from an Amazon delivery station in Carlstadt, New Jersey, U.S., on Tuesday, Oct. 13, 2020. Bloomberg | Bloomberg | Getty Images Amazon said Wednesday it plans to spend roughly $4 billion by the end of 2026 on expanding deliveries in rural towns as part of a push […]
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Stocks making the biggest moves premarket: Spotify, Coca-Cola, Sherwin-Williams, UPS and more
Check out the companies making headlines in premarket trading. Spotify — The music streaming stock tumbled 5% after reporting first-quarter operating income of 509 million euros, while analysts polled by FactSet had penciled in 519.9 million euros. Spotify’s 4.2 billion euro revenue was in line with estimates, while its monthly active users of 678 million […]
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Stocks making the biggest moves premarket: Lennar, Cleveland-Cliffs, FedEx, Nike and more
Check out the companies making headlines in premarket trading. FedEx — Shares tumbled more than 8% after the parcel delivery company slashed its full-year guidance , citing “weakness” in the U.S. industrial economy. FedEx now said to expect between $18 and $18.60 in earnings per share after certain exclusions, down from the range of $19 […]
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These stocks including investor-favorite Apple have the most downside in the wake of the pullback, Barclays says
The sell-off in popular U.S. stocks isn’t over yet, according to Barclays, which forecast that stocks such as Apple could take a huge hit in coming months. Amid the uncertainties across the market, one thing is certain: it’s now a stock picker’s world. President Donald Trump’s tariff policies and jobs data last week fueled concerns […]
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UPS and Electronic Arts are among the most oversold stocks after a wild week on Wall Street
A handful of stocks could be due for a rebound after a volatile trading week on Wall Street. Stocks turned lower on Friday after the White House said President Donald Trump ‘s plan for tariffs on Mexico, Canada and China would be implemented on Saturday. The news overshadowed fresh inflation data earlier in the day […]
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Some of this week’s biggest stock winners and losers, plus an update on Nvidia
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: Stocks moved off their session highs and struggled to hold onto their gains. The S & P 500 is on pace for a small […]
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Stocks making the biggest moves midday: IBM, Caterpillar, Nvidia, Comcast, UPS and more
Check out the companies making headlines in midday trading: American Airlines — Shares fell 2.5% after an American Airlines regional jet collided with an Army helicopter in Washington, D.C., marking the first fatal commercial airline crash on U.S. soil since 2009. Nvidia — Shares pulled back more than 3% as the chipmaker remained under selling […]
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UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half
Amazon Prime and UPS trucks are seen on a building in Washington DC, United States on July 12, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of United Parcel Service plunged more than 17% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, […]
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Stocks making the biggest moves premarket: United Parcel Service, Microsoft, Caterpillar and more
Check out the companies making headlines before the bell. United Parcel Service — Shares fell more than 14% in premarket trading after the delivery giant said it reached a deal with Amazon , its largest customer, “to lower its volume by more than 50% by the second half of 2026.” UPS also said it’s launching […]
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Megacaps lead a major week of earnings as traders seek clarity on the state of the bull market
The Magnificent Seven companies reporting in the week ahead could unlock the next leg of the rally, as investors bet that earnings growth fueled by artificial intelligence could power a market some worry has gone to excess. The Federal Reserve will also hold its January meeting, with key inflation data coming Friday. Four out of […]
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