Investors were more encouraged ‌by And with some high-profile earnings reports due out this week, technology stocks extended Monday's gains, with heavyweights Microsoft, Amazon, Nvidia , Apple, and Broadcom providing the market's biggest boosts. With this, ‌the Nasdaq touched its highest level since late October and the S&P 500 also touched an intraday record high and neared the 7,000 milestone, while also marking its fourth record closing high so far in 2026. "There's a little bit of a bifurcated market ...

Core Viewpoint - United Parcel Service (UPS) announced approximately 30,000 job cuts in 2023 as part of a cost-cutting strategy and the winding down of its partnership with Amazon, following significant job reductions in the previous year [1][4][5]. Group 1: Job Cuts and Operational Changes - UPS plans to reduce operational hours by about 25 million as it decreases its reliance on Amazon [1]. - The job cuts will be achieved through attrition and a second voluntary separation program for full-time drivers [4]. - The company previously cut 48,000 jobs in 2022, including 34,000 operational roles and 14,000 in management [4]. Group 2: Strategic Shift and Financial Outlook - The announcement of job cuts was unexpected, as UPS had initially projected a total of 20,000 layoffs by 2025 [5]. - CEO Carol Tomé, who has been under pressure from investors due to the company's underperformance, is leading a multiyear turnaround plan [5]. - UPS anticipates $3 billion in total savings from ending its business with Amazon [9]. Group 3: Future Plans and Performance - UPS has identified 24 buildings for closure in the first half of 2026, with potential for more closures later this year [4]. - The company aims to enhance automation across its network as part of its operational strategy [4]. - Following the job cuts and the release of fourth-quarter earnings that exceeded Wall Street expectations, UPS shares rose by 3% [9].

Key Takeaways Boeing, UnitedHealth, GM and UPS Report EarningsConsumer Confidence Reports After the OpenTexas Instruments Reports This AfternoonTuesday, January 27th, 2026We have a big earnings morning to report. Rather than launch into any pithy pontification about the trajectory of the stock market, let’s allow the numbers to speak for themselves, shall we?Boeing (BA) posted a noisy Q4 report ahead of today’s open, with a big beat showing on the bottom line, but when subtracting the one-time item Digital ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for being a forward-looking technology adopter, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]

Core Viewpoint - United Parcel Service (UPS) is planning to eliminate an additional 30,000 jobs this year as part of its strategy to wind down its partnership with Amazon and implement a multi-year turnaround plan [1][2][3] Group 1: Job Cuts and Operational Changes - UPS will reduce total operational hours by approximately 25 million due to the decline in business with Amazon [1] - The job cuts will be achieved through attrition, and a second voluntary separation program for full-time drivers is expected to be offered [2] - Last year, UPS eliminated 48,000 jobs, including 34,000 operational and 14,000 management positions, with previous estimates suggesting a total reduction of around 20,000 [2] Group 2: Financial Impact and Turnaround Efforts - UPS anticipates a total of $3 billion in savings related to the winding down of its operations with Amazon [3] - The company reported fourth-quarter earnings that exceeded Wall Street estimates, indicating progress in its turnaround efforts [3] - Following the earnings release, UPS shares increased by almost 2% in morning trading [3]

PHILADELPHIA, Jan. 27, 2026 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Coupang, Inc. (NYSE: CPNG) ("Coupang" or the "Company") on behalf of investors who purchased or otherwise acquired Coupang securities during the period of May 7, 2025 through December 16, 2025 (the "Class Period"), inclusive. Investor Deadline: Investors who purchased Coupang securities during the Class Period may, no later than February 17, 2026, seek to ...

Core Insights - FedEx Corp. has appointed Scott Ray as the new Chief Operating Officer for U.S. and Canada Surface Operations, effective June 1, with a transition period starting February 1 [1][2] - Ray will oversee all aspects of Surface Operations, focusing on daily package delivery and the execution of strategic initiatives like Network 2.0 [2][4] - With 39 years of experience at FedEx, Ray has previously served as president of Surface Operations and has led significant transformation efforts within the company [3][4] Leadership Transition - Scott Ray succeeds John Smith, who will become CEO of FedEx Freight on June 1 [1] - The leadership team of Surface Operations will report directly to Ray, and there are no plans to fill the president of Surface Operations position [4] Company Overview - FedEx Corp. generates annual revenue of $90 billion and offers a wide range of transportation, e-commerce, and business services [5] - The company is committed to achieving carbon-neutral operations by 2040 and emphasizes safety and ethical standards among its workforce of over 500,000 employees [5]

ATLANTA--(BUSINESS WIRE)---- $UPS #UPSearnings--UPS (NYSE:UPS) today announced fourth-quarter 2025 consolidated revenues of $24.5 billion. Consolidated operating profit was $2.6 billion; non-GAAP adjusted consolidated operating profit was $2.9 billion. Diluted earnings per share were $2.10 for the quarter; non-GAAP adjusted diluted earnings per share were $2.38. For the fourth quarter of 2025, GAAP results include total charges of $238 million, or $0.28 per diluted share, comprised of a non-cash, after-tax ...

Winter Storm Fern swarmed much of the continental U.S. Sunday, with heavy snowfall and freezing temperatures leaving hundreds of thousands without power and throwing a wrench in freight and delivery operations across the Midwestern, Southern and Northeastern parts of the country. Major logistics operators including UPS, FedEx and the U.S. Postal Service (USPS) all issued delivery delay warnings ahead of the snowfall, with UPS forced to suspend operations at its Worldport air hub in Louisville, Ky. Sunday. ...

Welcome to Morning Brief. I'm Julie Hyman. Actually snowed in in New Jersey along with millions of people across the country.We will be tracking the brutal winter storm that has affected 17 states in the United States and left millions of people uh without power. But let's get to the three things that you need to know today besides the storm. We're watching markets as it's a big week here.A lot going on this week. Ahead of that, futures aren't much changed, but we will of course be watching what's going on ...