United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer.

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.

MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.

It is not clear how many employees have been laid off but reports suggest that dozens of roles have been eliminated.

French-speaking Canadian province of Quebec.“Following a recent review of our Quebec operations, we’ve seen that returning to a third-party delivery model supported by local small businesses, similar to what we had until 2020,

Amazon has paused testing of its delivery drones following a crash involving two of those drones, according to Bloomberg.

Amazon Spheres, the company’s iconic Seattle HQ, is home to the company that, from humble origins, has revolutionized digital commerce. But inside the Sphere, the question is, how many employees feel secure in terms of their jobs?

US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. Right ahead of the closing bell,

Investors believe DeepSeek’s AI debut will not impact the Magnificent Seven companies, with 88% of respondents expecting minimal effects on the S&P 500. The survey highlights President Trump’s policies as a primary driver of market volatility this year,

For the quarter, Intel reported earnings per share (EPS) of $0.13 on revenue of $14.3 billion. Analysts were anticipating EPS of $0.12 on revenue of $13.8 billion. The company saw EPS of $0.54 and $15.4 billion in revenue in the same quarter last year.

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi