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UPS Surges; UnitedHealth Gains; Amazon Cuts 14,000 Jobs

Bloomberg•Tuesday, October 28, 2025 at 2:30:23 PM
PositiveFinancial Markets
UPS Surges; UnitedHealth Gains; Amazon Cuts 14,000 Jobs
In a significant turn of events in the stock market, UPS shares surged after the company exceeded Wall Street's profit expectations by implementing cost-cutting measures, including a substantial reduction of 34,000 jobs. This move represents a 70% increase in job cuts compared to their previous target. Meanwhile, UnitedHealth Group also reported strong third-quarter earnings, surpassing expectations and raising its outlook for the year, indicating robust performance in the healthcare sector. These developments highlight a trend of companies adapting to economic pressures while still delivering positive results.
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