Wall Street expects a year-over-year increase in earnings on higher revenues when Amazon (AMZN) reports results for the quarter ended December 2024. While this widely-known consensus outlook is ...

UPS CEO confirms on the earnings call that the “accelerated glide down” of Amazon volumes was initiated by UPS. “This was not their ask. This was us. This was UPS taking control of our ...

Hence, I am downgrading AMZN stock to a “Hold” rating. Source: Amazon: Earnings, Valuation, Insider Selling, And More (Rating Downgrade) Now, given Amazon's recent burst into the mid-$200s ...

But after some tech executives on earnings calls last week tried to frame ... Wall Street will likely be zeroed in on reactions to Amazon.com Inc. and Alphabet Inc. when they report quarterly ...

Based on Amazon’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $158.88 billion and a net profit of $15.33 billion. In comparison ...

UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.

Shares of United Parcel Service Inc. 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 ...

Although we expect Amazon's mix of UPS' revenue to gradually decline over the next several years, we believe Amazon still needs UPS’ capacity (on average through the freight cycle); taking it ...

Amazon accounted for 11.8% of UPS' overall revenue in 2024. Between 2021 and 2024, UPS on average reduced the number of packages it delivered for Amazon by about 250,000 per day. The acceleration ...