UPS Is Investing in AI and Driving Margin Growth, So Why Is the High-Yield Dividend Stock Selling Off?
UPS(UPS) The Motley Fool·2024-04-01 07:15United Parcel Service's (UPS 0.88%) stock price fell over 8% on March 26 as the market reacted negatively to the company's 2024 Investor and Analyst Day.The market didn't seem to be paying much attention to the part of the presentation that focused on how UPS embraces artificial intelligence (AI), automation, and machine learning to drive margin growth. It glossed over the report that UPS' Velocity facility in Kentucky has over 700 robots and can process over 350,000 packages per day. It didn't seem impress ...