Posts with tag: future
UPS shares fall after company cuts ties with Amazon, focusing on more profitable business. The move is expected to impact Amazon's last-mile delivery and benefit competitors like FedEx. UPS targets higher-margin segments but faces challenges due to increased costs and a fragmented market.
Published on: January 31, 2025, 03:01 PM UTC
Trump's tariffs add uncertainty to markets as questions remain about details, including whether they will apply to oil. Analysts say tariffs could impact inflation and Fed's interest rate plans.
Published on: January 31, 2025, 03:00 PM UTC
Eaton Corporation expects strong demand for electrical equipment due to AI-related data center growth, forecasting 2025 adjusted profit above Wall Street estimates.
Published on: January 31, 2025, 01:06 PM UTC
UPS to Cut Amazon Deliveries by Half, Forecasts Lower Revenue
Published on: January 31, 2025, 01:02 PM UTC
ArcBest Corp. reported fourth-quarter earnings of $29 million, exceeding Wall Street expectations. Revenue was $1 billion, also beating forecasts. For the year, the company reported profit of $174 million and revenue of $4.18 billion. ArcBest shares have increased slightly more than 1% since the beginning of the year.
Published on: January 31, 2025, 12:05 PM UTC
US stocks gained steam on Thursday afternoon as investors digested earnings from megacap tech companies and waited for Apple (AAPL) results for more clues on prospects for Big Tech.
Published on: January 31, 2025, 11:01 AM UTC
Philippine stocks fell for the fifth day, pushing the nation's benchmark index into a bear market amid concern over potential global headwinds and disappointing domestic economic data.
Published on: January 31, 2025, 09:00 AM UTC
Australia's central bank is widely expected to cut interest rates next month, its first monetary easing in over four years
Published on: January 31, 2025, 07:01 AM UTC
UPS Cuts Amazon Deliveries to Drive Profitability, Revenue Outlook Disappoints
Published on: January 31, 2025, 01:02 AM UTC
President Donald Trump is aiming to reshape the US trade policy using tariffs. Leading up to his return to office, Trump has threatened tariffs on goods from China, Mexico, Canada, and the European Union. The uncertainty around tariffs has left many in wait-and-see mode, including businesses and world leaders. Trump's pick for Commerce secretary, Howard Lutnick, supports "across the board" tariffs.
Published on: January 31, 2025, 12:02 AM UTC