United Parcel Service Inc. (NYSE: UPS) has disclosed its intentions to lay off 20,000 employees and cease operations in 73 facilities. This decision is attributed to a considerable decline in deliveries for Amazon.com Inc. (NASDAQ: AMZN), its primary client, and the ongoing repercussions of President Donald Trump's tariffs.
Cloud computing and online retail behemoth Amazon (NASDAQ:AMZN)
will be announcing earnings results tomorrow afternoon. Here’s what investors should know.
Amazon finds itself in a catch-22 position, where it has to either absorb higher costs from tariffs, which will hurt margins, or hike prices on its platform and risk losing market share.
Economist Peter Schiff criticized President Donald Trump on Tuesday for reportedly pressuring Amazon.com Inc. founder Jeff Bezos to abandon plans that would show consumers the cost of tariffs on product prices.
Leading cryptocurrencies were muffled on Tuesday, but stocks rallied on indications that the United States was nearing a deal with a key trading partner.
Cathie Wood's Ark Invest shuffled its portfolio on Tuesday, April 29, 2025, selling Meta shares ahead of earnings while buying into AMD, Shopify, and several biotech names.
Set to release their quarterly results after-market hours on Thursday, May 1, Amazon and Apple will highlight a much-anticipated week that features reports from big tech firms.
Crockett initiates coverage of TTD with Buy rating and $77 price target. Despite macro concerns and competition, TTD is well-positioned in AdTech's growth, driven by CTV and programmatic. Stock has dropped due to Q4 miss but consensus estimates for growth remain positive. TTD is a leading DSP with a history of strong growth. Crockett projects Q1 revenue of $578.7 million and EPS of $0.25. TTD stock currently at $54.61.
Looking for the most active S&P500 stocks in today's session? Join us as we dive into the US markets on Tuesday and discover the stocks that are dominating the trading activity and setting the pace for the market.
Levi Strauss (NYSE:LEVI) shareholders overwhelmingly rejected a proposal to end the company's DEI initiatives, according to a recent filing. The vote comes as major U.S. firms scale back diversity programs amid political pressure, including from former President Trump's anti-DEI stance.
Amazon clarified that although it considered displaying import charges on items sold through its site for ultra-discount items, the plan “was never approved and not going to happen.”
