FedEX, UPS Shares Surge As Amazon To Suspend Delivery Service For Third-Party Sellers Due To Increased Demand [Yahoo! Finance News]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance News
Amazon.com Inc.AMZNreportedWhat HappenedThe service called "Amazon Shipping" was available in only a few handful cities in the United States, the Journal noted.Ahead of the novel coronavirus COVID-19) pandemic, the e-commerce giant was seemingly looking to establish it as a competitor to prominent delivery companies likesUnited Parcel Service Inc.UPSFedEx CorporationFDX"We understand this is a change to your business, and we did not take this decision lightly," Amazon is said to have told shippers, according to the Journal. "We will work with you over the next several weeks so there is as little disruption to your business as possible."The pandemic significantly increased the demand for Amazon services as widespread lockdowns imposed to curb the spread of the virus forced a majority of people to stay home.Amazon said in March it waslooking to hirePrice ActionAmazon shares closed 0.7% higher at $2,011.60 on Tuesday. The shares traded slightly lower at $2,010 in the after-hours session.
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News
- Amazon.com (NASDAQ:AMZN) was given a new $300.00 price target on by analysts at UBS Group AG.MarketBeat
- MacKenzie Scott is trying to close the DEI gap in higher ed, with $155 million in donations this week alone [Fortune]Fortune
- Amazon.com (NASDAQ:AMZN) had its "outperform" rating reaffirmed by analysts at BMO Capital Markets.MarketBeat
- MacKenzie Scott's Higher Ed Philanthropy Tops $1 Billion For The Year [Forbes]Forbes
- Amazon.com (NASDAQ:AMZN) had its "overweight" rating reaffirmed by analysts at KeyCorp.MarketBeat
AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website