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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 - 1h -
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 - 2h -
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 - 21h -
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
More from CNBC
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Apple shares rise 3% as boost in services revenue overshadows iPhone miss
Although Apple's overall sales rose during the quarter, the company's closely watched iPhone sales actually declined slightly on a year-over-year basis.CNBC - 11m -
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 - 2h -
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 - 1h -
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 - 18m -
RFK Jr. stumbles over basics of Medicare, Medicaid during Senate confirmation hearings
Kennedy struggled to identify and explain the fundamental aspects of Medicare, which provides coverage to older and disabled Americans.CNBC - 4h
More in Business
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FDA approves Vertex’s non-opioid painkiller, first new kind of pain medicine in decades
The Vertex drug is a milestone after a long history of unsuccessful efforts to develop painkillers without the addictive potential of opioids.CNBC - 11m -
FDA approves Vertex’s non-opioid painkiller, first new kind of pain medicine in decades
The Vertex drug is a milestone after a long history of unsuccessful efforts to develop painkillers without the addictive potential of opioids.CNBC - 11m -
Apple shares rise 3% as boost in services revenue overshadows iPhone miss
Although Apple's overall sales rose during the quarter, the company's closely watched iPhone sales actually declined slightly on a year-over-year basis.CNBC - 11m -
RFK Jr. Says He Won’t Keep Financial Stake in HPV Vaccine Lawsuits
Senators had objected to the financial conflict posed by Robert F. Kennedy Jr.’s decision to retain a financial stake in lawsuits against a major drug company. It remains unclear whether any ...The New York Times - 15m -
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 - 18m