The Final Tally: UPS Gets Overnighted to the Trash

By Stocks News   |   11 months ago   |   Stock Market News
The Final Tally: UPS Gets Overnighted to the Trash

We’re now two days removed from a Chinese startup pulling off the biggest AI prank ever… convincing the so-called “smartest” tech investors and Wall Street institutions that Nvidia is the next Pets.com (aka worthless). Of course, this resulted in a Tobias from “Arrested Development” fire sale that was eerily similar to the Hawk Tuah coin pump-and-dump (noticed how she disappeared ever since the rugpull?). But after clawing back 6-7% yesterday, Nvidia started Thursday down another 3-4%, only to fight its way back near break-even. (Make sure to tune in tomorrow to see if “we’re back” or if “it’s over.”

UPS Gets Overnighted

But the real loser award of the day goes to UPS. Apparently, years of delivering packages to the wrong houses finally caught up with them. The stock dumped 15% after announcing it’ll be cutting back Amazon deliveries by more than 50% by 2026. Investors weren’t happy about that little detail, and analysts called the news a "surprise” (which is only good if you’re Elon announcing underwhelming earnings apparently).

UPS Gets Overnighted

In Indexland, the market did its best to stay above water. The S&P 500 rose 0.7%, the Dow climbed 0.6%, and the Nasdaq squeaked out a 0.5% gain… though Microsoft did its best to pull the entire tech sector into the red, by sliding 6% on weak cloud revenue. Speaking of stocks immune to logic, Tesla somehow kept rallying (up 2%), even after missing earnings. Tesla fanboys, as always, are buying into Elon’s “just wait until next year” promises (we’re always just five years away from robotaxis, aren’t we?).

UPS Gets Overnighted

Meta impressed with a strong report (so be prepared to see more Zuck boobs memes on social media) and Apple is due to report after the market closes.

Over in the dying cable sector, Comcast got clobbered, dropping 10% after losing more broadband customers than expected. Peacock, their streaming service, didn’t add a single new subscriber, but hey… at least they have The Office.

UPS Gets Overnighted

And finally, Bitcoin cracked $106K after Jerome Powell basically told banks, “You can work with crypto, just don’t mess it up” (which, given banking’s history, seems like a solid plan).

If you read all of this, congrats for having a 10 second attention span (better than me). As always, here’s our heatmap for today.

stocks Table

TWO Insiders Just Dropped $5 Million On THIS Pharma Stock…

$5 Million

Our "Insider Trade Tracker" just flagged two power moves that you should know about. Peter Anevski, CEO of Progyny, and Executive Chairman David Schlanger both made their first-ever open-market buys of the company’s stock. Anevski dropped $3.03 MILLION to grab 209,500 shares at $14.48 each, while Schlanger followed up with a $2.2 MILLION bet for 150,000 shares at $14.68 a pop.

Progyny’s stock has been flirting with recent lows, but with a booming market for fertility benefits and major clients like Google and Microsoft on their roster, these guys are clearly betting on brighter days. Call it a growth story in the making—or at least that’s what their wallets are saying.

Moves like this are exactly why our tracker exists: to show you where the smart money is going before everyone else catches on.

Oh, and FYI, we recently ranked #23 for free News Apps, ahead of Bloomberg and The Washington Post. πŸŽ‰ Curious to see what other power plays we’re tracking? Become a Stocks.News premium member today… or just keep enjoying our free content. No pressure. πŸ˜‰

Here's Everything You'll Get As A Stocks.News Premium Member…

Front-Row Seat to Proprietary Stocks.News Trade Alerts

No more second-guessing or relying on stale information. Every week, you’ll receive real-time alerts that uncover the most explosive market opportunities before they make headlines. These alerts are your direct line to where the most explosive short squeezes are likely forming. Whether a stock is experiencing massive short-interest, outrageous borrowing fees, or potent dilution you’ll know about it BEFORE the fireworks begin.

Private Access to the Stocks.News Dashboard

Imagine having a personalized command center for your trading. Inside your exclusive member dashboard, you’ll find our point system to leverage at your disposal. These points will help you utilize more opportunities when it comes to taking the guesswork out of your research—whether it’s cutting through the noise or highlighting the trades with the highest potential.

Fresh Morningstar Reports Daily

Get access to daily updates from Morningstar, one of the most trusted names in stock research. These reports deliver cutting-edge stock ratings and insights, giving you the confidence to make informed decisions about where to place your bets accordingly—regardless if you’re a day trader or buy and hold investor.

Proprietary Insider Trade Scanner

Ever wonder what corporate insiders are doing with their own cash? With our Insider Trade Scanner, you’ll see exactly where CEOs, executives, and board members are placing their bets. These trades are often the strongest signals of what’s coming next—and now, you can follow their lead.

Proprietary Congressional Trade Scanner

Forget the headlines—our Congressional Trade Scanner gives you a direct view into the investments being made by the most well-connected people in the country. From lawmakers to policymakers, you’ll know what they’re buying and selling before the news breaks.

Stocks.News High/Low PE Stock Stress Test

Finding undervalued stocks with explosive potential has never been more effective. Our High/Low PE Stock Stress Test cuts through market clutter to identify stocks that are either extremely undervalued to take advantage of or far too overvalued to avoid. Consider this tool as your shortcut to spotting opportunities that others are overlooking or overhyping.

Market Breadth and Market Sentiment Gauge

Short-term vision is great, but the bigger picture is what really drives the market forward. Our proprietary sentiment tools give you a clear view of market strength and direction. With real-time sentiment analysis and breadth indicators, you’ll always have your finger on the market’s pulse—helping you stay ahead of major moves.

Stocks.News Technical Analysis Screener

For those who love technicals, this screener is your new best friend. It simplifies complex chart analysis into actionable insights, helping you identify key setups in seconds. Whether you’re a seasoned chartist or just starting out, this screener not only gives you a decisive edge over the competition—but it reveals exactly what the price action of a stock is really saying compared to its fundamentals.

Here’s the deal…

If you’ve ever felt like the market was stacked against you, this is your chance to flip the script.

Stocks.News Premium strives to give you the same level of information, tools, and market insights that institutional traders and Wall Street use every day.

The only difference? Now, they’re in your hands.

Of course, we can’t promise you’ll always catch a winning opportunity. No one can. But we can say this:

When you start deciphering the market into its purest form…

Everything about the way you trade and invest is set to change.

The best part?

You can get access to everything above for just $20 a month!

I know, absolutely ludicrious, amirite?

Click here to claim your premium Stocks.News membership today.

Did you find this insightful?

Disclaimer: Information provided is for informational purposes only, not investment advice. We do not recommend buying or selling stocks. Stock price discussions are based on publicly available data. Readers should conduct their own research or consult a financial advisor before investing. Owners of this site have current positions in stocks mentioned throughout the site, Please Read Full Disclaimer for details Here https://app.stocks.news/page/disclaimer