UPS Stock Drops as Shipper Trims Amazon Deliveries
Key points
- The S & P 500 index increased by 0.4 % on Thursday, January 30, because the report showed that consumer expenditure continued to promote economic growth.
- When casino operators boarded sales forecasts, Las Vegas’ stocks increased and improved from its Singapore property.
- UPS missed quarterly estimates and said it would reduce Amazon’s delivery, while logistics companies’ stocks fell.
Due to the report from the Economic Analysis Administration, the major US stock indexes are getting higher and higher GDP growth (GDP) growthEssence
The S & P 500 index rose 0.5 % on Thursday. The Dow Jones Index rose 0.4 %, and Nasdaq’s high -tech Nasdaq ended about 0.3 %.
Energy producer Vistra shares (VST) Speed ​​up 13.6 %, recorded the highest performance of the S & P 500 Index. With the driving force of Thursday, the public business inventory captured some The heavy losses released earlier this week As a cost -effective artificial intelligence (AI) model, Deepseek from Chinese startups has shadow AI -related stocks. Optimistic emotions for Vistra’s opportunity to power the AI ​​data center have helped the stock an increase of about 330 % over the past year.
IBM (IBM (IBM) The stock after the stock giant soared 13.0 % The highest income and sales estimation In the fourth quarter. “Big blue“Because the demand for AI technology and power for the Red Hat Linux operating system has increased its revenue of the software business year -on -year.
Las Vegas Beach (LVSAfter the quarterly report of the casino operator, the stock was 11.1 %. The softness of the company’s Macau business is pressed below the profit, which is under the prediction. However, the sales in the fourth quarter exceeded estimates that this was due to its outstanding performance in the Wharf Bay Shayuan Resort in Singapore. During this period, Las Vegas Beach also repurchased $ 450 million in stocks.
Union package service (ups)Report Sales and profits below the fourth quarterThe stock and delivery company’s stock fell 14.1 %, losing the biggest foundation among all Standard 500 shares on Thursday. UPS also announced an agreement to reduce Amazon’s delivery (Amzn) By the end of the end of next year, 50 %. Although Amazon is the largest customer of the shipper, it accounts for nearly 12 % of the 2024 income, UPS said that the cooperation with e -commerce giants will be allowed to be allowed to be more profitable projects, thereby increasing profit margins.
Servicenow (NowAfter the launch of the fourth quarter of software and IT service companies, the stock fell 11.4 %. Although the most profitable predictions and sales are in line with expectations, Insufficient subscription income growthEssence Servicenow predicts that the key indicators in the first quarter will slow down slightly.
Comcast (Comcast (CMCSA) Stocks in cables, Internet and content providers have fallen 11.0 % after reporting The range of broadband customers decreases greater than expectedEssence Despite the downturn of its subscribers, the media giant defeated profit and sales estimates, and its income and earnings per share set up the growth of each share driven by peacock streaming services.