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UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by ...NBC News - 4h -
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 ...MarketWatch - 4h -
Microsoft shares slip on weak quarterly revenue guidance
Microsoft intends to address execution challenges in its key cloud unit, while continuing to endure supply constraints.CNBC - 23h -
EA shares drop 7% after company lowers guidance due to weakness in soccer, other games
Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, its soccer franchise.CNBC - Jan. 22 -
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.CNBC - Jan. 15 -
Next Ups Guidance After Strong Christmas
Next lifted its fiscal-year outlook after Christmas sales were better than expected but said U.K. growth is likely to slow, as higher employer tax costs begin to filter through into the economy.The Wall Street Journal - Jan. 7 -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - Jan. 3
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Cook points to 'fiscal stimulus' after Apple suffers steepest China sales decline in a year
China is "the most competitive market in the world," Cook told analysts on Thursday.CNBC - 55m -
Trump lashes out at Biden, DEI efforts after D.C. plane crash
President Donald Trump, without offering evidence, said the collision between an American Airlines jet and an Army helicopter "could have been" due to DEI.CNBC - 4h -
Deadly American Airlines-helicopter collision highlights concerns with crowded U.S. airspace
Airline executives have pushed the government to modernize air traffic control and alleviate congestion in some of the busiest air corridors in the U.S.CNBC - 3h -
Intel issues weak forecast, but beats on fourth-quarter results
Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.CNBC - 16m -
Samsung fourth-quarter profit misses estimates, falls sharply from previous quarter
Samsung Electronics reported better-than-expected fourth-quarter revenue and operating profit, though the latter dropped by nearly a third from the previous quarter.CNBC - 24m
More in Business
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Intel issues weak forecast, but beats on fourth-quarter results
Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.CNBC - 16m -
Deckers hikes its yearly outlook. Wall Street still has questions about demand.
Sales of Deckers footwear brands Ugg and Hoka increased during the third quarter.MarketWatch - 23m -
Samsung fourth-quarter profit misses estimates, falls sharply from previous quarter
Samsung Electronics reported better-than-expected fourth-quarter revenue and operating profit, though the latter dropped by nearly a third from the previous quarter.CNBC - 24m -
Doug Burgum Is Confirmed by Senate as Interior Secretary
The former governor of North Dakota is promoting President Trump’s “energy dominance” agenda and wants more oil, gas and mining on public lands.The New York Times - 28m -
Apple proves naysayers wrong once again with lots to like from the quarter and outlook
Guidance for revenue growth in the March quarter was much better feared.CNBC - 36m