News of a cheaper AI model exposes vulnerabilities for Nvidia, Amazon.com, Alphabet, and other hot-shot companies. Here’s why ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
Cloud providers report a significant increase in demand for Nvidia H200 chips as DeepSeek's AI models gain traction.
With OpenAI being surpassed by DeepSeek’s cheaper and more powerful LLM, is now the time for investors to consider buying AI stocks?
Shares in Amazon ( AMZN) are up nearly 46% over the past year, with the stock hitting a record high closing price of $238.15 ...
Despite Thursday’s gains, the S&P 500 and the Nasdaq Composite remain on track to end the week lower, recovering only some of ...
UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Read more at The Business Times.
The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...
Q4 2024 Earnings Conference Call January 30, 2025 5:00 PM ETCompany ParticipantsCam Carey - Head of Investor RelationsAndrew Ng ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
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 ...