UPS Surges; UnitedHealth Gains; Amazon Cuts 14,000 Jobs
On this episode of Stock Movers:- United Parcel Service (UPS) shares soared after it smashed Wall Street’s profit expectations by cutting costs and eliminating 34,000 jobs this year.The cuts to its permanent operational workforce — a group that includes drivers and package handlers — marked a 70% increase from its previous target. As part of the sweeping cost-savings initiative, UPS has closed daily operations at 93 leased and owned buildings in 2025, according to a statement Tuesday.- UnitedHealth Group (UNH) beat Wall Street expectations for third-quarter earnings and…
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