Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
Amazon has paused testing of its delivery drones following a crash involving two of those drones, according to Bloomberg.
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 ...
French-speaking Canadian province of Quebec.“Following a recent review of our Quebec operations, we’ve seen that returning to ...
The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...
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 ...
Cathie Wood, chief of Ark Investment Management, believes in tech stocks that will have a disruptive impact. She isn’t afraid to buy them on the way down — or up. Sometimes her strategy works: The ...
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 ...