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UPS CEO Defends Amazon Glide Down Decision, But Wall Street's Skeptical: Retail’s Busy Spotting Bottom-Fishing Opportunities
Shares of United Parcel Service Inc (UPS) recorded their worst session ever on Thursday, plunging over 14% to hit levels not seen since July 2020, after the company’s fourth-quarter revenue and guidance fell short of Wall Street estimates while a reduction in Amazon deliveries disappointed investors.
24/7 Wall St1d
Amazon Stock (AMZN) Price Prediction and Forecast 2025-2030 For January 29
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.

Amazon Raises Its Ad Spending on Elon Musk’s X

Amazon ramps up ad spending on Elon Musk's X, WSJ reports
Amazon ramps up ad spending on X in major shift, WSJ reports
Amazon (AMZN) is increasing ad spending on Elon Musk-owned X, formerly Twitter, in a major shift after the ecommerce giant removed much of its
Amazon ramps up ad spending on Elon Musk's X: Report
Amazon.com is increasing its advertising on billionaire Elon Musk's social media platform X, the Wall Street Journal reported on Thursday
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Billionaire Sold Amazon And Buying This Stock That Could Soar 29% According to a Wall Street Expert
Some billionaires are selling amazon stock and are putting capital into this restaurant stock instead. Want to know the stock?
Every Wall Street Analyst Covering Nvidia Stock Expects It to Head Higher -- Here's Why They May Be Wrong
Optimists looking for an encore performance from Wall Street were handsomely rewarded in 2024. Last year, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all achieved multiple record-closing highs and ended higher by 13%, 23%, and 29%, respectively.
Should You Buy Amazon Stock Before Feb. 6?
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 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 customer,
Amazon: I Was Wrong
Analyst re-assesses Amazon stock ahead of Q4 2024 report, noting overvaluation and market-like returns expected.
Wall Street defiant after brutal tech selloff. ‘Market reaction is overdone’
The release of Chinese AI model DeepSeek led to a stock market rout for U.S. tech firms on Monday. However, Wall Street believes the industry will bounce back.
Wall Street Lunch: GDP Falls Short Of Consensus
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.
Amazon Cranks Up Ad Spending on X After Cutting Investments Over Hate Speech Concerns | Report
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.
UPS to cut its Amazon business by more than 50%. Here's why.
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of quarterly revenue misses and warned that 2025 revenue would decline, while Wall Street was projecting growth.