Shares of Amazon (NASDAQ: AMZN) slipped marginally on Wednesday, losing -0.31%. But the big news for the company came on Tuesday as the stock hit its all-time high price of $241.77. That momentum is reflective of investor sentiment heading into the Amazon’s Feb.
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Amazon.com (NASDAQ:AMZN) is reportedly increasing its advertising on social media platform X, owned by billionaire Elon Musk, according a report from the Wall Street Journal, citing sources familiar with the matter.
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,
A fresh quarterly earnings season is underway in corporate America. Amazon (NASDAQ: AMZN) will release its report for the fourth quarter of 2024 (ended Dec. 31) next Thursday, Feb. 6. Despite Amazon being the world's biggest e-commerce company,
UPS is breaking away from Amazon.com. The package-delivery company said it was cutting volumes from its largest customer by half, and warned its revenue would come in about $6 billion lower than Wall Street expected this year.
Amazon (AMZN – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst Nicholas Jones
In Q4, domestic broadband customers fell by 139,000 to 31.8 billion. The company lost 311,000 domestic video customers, which brought the total down to 12.1 million subscribers during the quarter, reflecting the diminishing landscape for cable TV.
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
The company, which has also discussed testing ads on the platform, previously pulled its dollars from the site in 2023 after X's failure to remove antisemitic posts.
From IBM's solid quarterly numbers to Microsoft's weak earnings show, here's a look at some of the major developments from across the world.