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UPS, FedEx shares near bear market as Morgan Stanley sees rising competition from 'Amazon Air'Shares of both FedEx and UPS headed toward a bear market in Tuesday trading after Morgan Stanley said 'the market is missing the risk Amazon Air poses.' Here’s some room for opportunity, a lot of it Try to compete on Ground Can't take 30yrs with all Trails , Back roads Hidden Businesses 🚚 Cheaper to Pay Up 💵❗ No. Just no. Amazon air? No. No. I would tell the Morgan Stanley person who wrote this to kill themselves, but I feel like that's against Twitter rules. You know what I think about Amazon Air? UnicornFrappuccino
Source: CNBC - 🏆 12. / 72 Read more »
Stores Finishing the Holidays on a High NoteStores have met the lofty sales expectations set by analysts, showing that many chains continue to reap the benefits of a strong U.S. economy and rising consumer confidence. Delivery companies have also held up so far during the holiday season. Technology has changed people's consumption habits. 'Solid sales Numbers' that doesn't side so good
Source: WSJ - 🏆 98. / 63 Read more »
Dow transports plunge toward biggest-ever point drop, led by UPS and FedEx selloffsThe Dow Jones Transportation Average tumbles toward its biggest-ever point drop, led by selloffs in United Parcel Service Inc.’s and FedEx Corp.’s stocks, fueled by growing fears of an economic slowdown. All cause amazon 🤦🏻♂️
Source: MarketWatch - 🏆 3. / 97 Read more »