Amazon’s stock chart suggests a “multi-year breakout” has resumed, and the loss of some UPS deliveries won’t stop it.
Investors are fleeing on Thursday following a lackluster earnings report and 2025 forecast. UPS says it’s redoubling its efforts on profitability. On Thursday, United Parcel Service (UPS) predicted ...
UPS shares fell over 15% Thursday after issuing weak revenue guidance and announcing plans to cut Amazon deliveries by more than 50% by late 2026. The shipping giant reported fourth-quarter revenue ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house ...