*Data last updated: 2026-05-04 04:44 (UTC+8)
As of 2026-05-04 04:44, United Parcel Service Inc (UPS) is priced at $107,57, with a total market cap of $91,39B, a P/E ratio of 15,11, and a dividend yield of 6,09%. Today, the stock price fluctuated between $106,95 and $109,84. The current price is 0,57% above the day's low and 2,06% below the day's high, with a trading volume of 4,22M. Over the past 52 weeks, UPS has traded between $95,55 to $109,84, and the current price is -2,06% away from the 52-week high.
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United Parcel Service Inc (UPS) Latest News
Sei Expands Korea Payments via TMO Wallet Integration on April 30
According to Sei Development Foundation, on April 30, the organization announced an integration with TMO Labs to bring blockchain technology into South Korea's mainstream payment infrastructure. TMO Wallet will integrate Sei Network as the core blockchain layer supporting real-world payments, rewards, and digital finance services. The collaboration enables users to manage blockchain assets, reward points, and prepaid balances within a unified platform for daily financial activities, including transportation top-ups, retail purchases, and loyalty programs. TMO Wallet is already connected to major Korean payment and rewards systems including DaemDaem, Naver Pay, Payco, and TMONEY. Sei was selected for its sub-second finality and high-throughput capabilities required for real-time payment environments.
2026-04-30 21:32Hertz Launches Oro Mobility, Ups Stake with Uber on Autonomous Taxis; Stock Rises 17.14%
According to Hertz Global Holdings, on Thursday the company announced Oro Mobility, a new unit partnering with Uber Technologies on two separate deals: autonomous vehicle operations for Uber's self-driving taxi program and human-driver fleet services. Hertz stock surged 17.14% to $6.55 during trading. Oro will handle charging, maintenance, and facility management for driverless cars in the San Francisco Bay Area before year-end, with potential expansion to other cities by 2027. The human-driver fleet is already operating in Los Angeles and San Francisco, with Northern New Jersey launching this spring.
2026-04-28 03:41Samsung SDI Returns to Q1 Profit on US Energy Storage Demand, Eyes AI Data Center Expansion
Gate News message, April 28 — Samsung SDI posted a first-quarter net profit of 56.1 billion won (US$38.1 million) on April 28, rebounding from a 216 billion won (US$147 million) loss a year earlier. Revenue rose 12.6% to 3.6 trillion won (US$2.43 billion), while operating loss narrowed to 155.6 billion won (US$106 million). The turnaround was driven by higher US energy storage system (ESS) battery production and sales, improved demand for higher-margin cylindrical batteries, and lower corporate tax costs. The company secured a 1.5 trillion won (US$1 billion) supply agreement with a U.S. energy company and plans to use part of StarPlus Energy's Indiana plant—a joint venture with automaker Stellantis—to produce ESS batteries alongside electric vehicle batteries. Samsung SDI said it is North America's only non-Chinese supplier of prismatic ESS batteries, a flat rectangular format used in large storage systems, positioning it distinctly in the market. Looking ahead, Samsung SDI expects a recovery from the second quarter, with ESS demand supported by AI data center growth and EV battery demand bolstered by European incentives. The company is also expanding into AI infrastructure power systems, including Uninterruptible Power Supply (UPS) and Battery Backup Unit (BBU) systems for data centers.
2026-04-27 15:52S&P 500 Job Count Drops 400,000 as AI Boom Reshapes Corporate America
Gate News message, April 27 — S&P 500 companies saw employment fall by approximately 400,000 to 28.1 million in 2026, marking the first annual decline since 2016 after eight consecutive years of uninterrupted job growth. According to The Kobeissi Letter, major corporations including Amazon (cutting 16,000 corporate roles), Meta (slashing 8,000 positions), and Microsoft (offering voluntary buyouts to 8,750 employees) are driving the decline as they redirect budgets toward AI infrastructure and projects. Other significant contributors include UPS (reducing 48,000 jobs), Citigroup (cutting 20,000), and Dell (eliminating 12,500 positions). Unlike previous waves of factory automation, AI is disproportionately impacting white-collar sectors such as software development, finance, and customer service. Job openings in AI-exposed fields like marketing and data analytics have plunged 25-31% in early 2026 as firms await AI productivity gains to materialize. Boston Consulting Group researchers estimate that 50-55% of U.S. jobs will be reshaped by AI by 2029, requiring significant upskilling rather than pure replacement. "What people do in these jobs will be different, even if the job is still there," said Matthew Kropp, Managing Director and Senior Partner at BCG, noting that companies must invest effort in retraining workers. Entry-level developer hiring has plummeted 55% over the past seven years; Salesforce recently cut 4,000 support roles, citing that AI now manages over 50% of customer interactions. Banks expect to eliminate approximately 200,000 roles over the next 3-5 years as AI handles back-office tasks, while 31% of legal associate and paralegal duties are increasingly automated. A notable decoupling has emerged where stock prices rise on AI optimism while job postings decline; Meta's stock rose nearly 4% following its AI-linked layoff announcement. Goldman Sachs analysts have warned that AI-fueled displacement could outpace the economy's job creation capacity, potentially affecting 2026 unemployment rates. However, AI superusers—those capable of supervising AI workflows—are commanding significant wage premiums, while companies like IBM are simultaneously cutting administrative roles while hiring for high-skill AI engineering and data oversight positions.
2026-04-27 08:41Paytm Shares Drop After RBI Cancels Banking License Over Compliance Violations
Gate News message, April 27 — Shares of Paytm, an Indian payments and financial services company, fell as much as 8.4% before paring losses to around 3.5% after the Reserve Bank of India (RBI) canceled the banking license of Paytm Payments Bank last week. The RBI said the bank had faced restrictions since 2022 due to breaches in customer due diligence (KYC verification), fund usage, and technology infrastructure. Allowing it to continue would not serve depositors or the public interest, the regulator stated. The compliance issues were significant. Regulators found hundreds of thousands of accounts lacking proper Know Your Customer (KYC) verification, an identity check required by financial firms. Additionally, thousands of cases showed a single Permanent Account Number (PAN), India's tax identification number, linked to multiple accounts, raising money laundering concerns. The RBI also found that compliance reports submitted by the bank were incomplete or false, signaling broader governance problems. Parent company One 97 Communications approved winding up the bank and will accelerate partnerships with third-party banks to distribute payments and financial services. Some merchants may need new payment arrangements if their Paytm QR codes, soundboxes, or POS terminals are tied to Paytm Payments Bank accounts. Users holding FASTags (electronic toll payment stickers) issued by the bank will need replacements, as top-ups cease after March 15, 2024. Paytm expects a direct annual EBITDA (operating profit) impact of 300–500 crore rupees (approximately $32–54 million USD), with potential longer-term damage from eroded customer trust.
