United Parcel Service reports a 7.8% decline in Q4 2023 revenue, falling short of market expectations at $24.92 billion. Despite this, UPS aligns with EPS forecasts and announces a dividend increase for Q1 2024, signaling mixed financial performance amid challenging market conditions.
Vertical Aerospace Ltd. (NYSE: EVTL) shares are trading lower Wednesday. The company reported an incident involving one of its aircraft during flight testing. Here's a look at what's going on.
GigaCloud Technology Inc. (NASDAQ: GCT) shares are rising Wednesday after the company delivered first-quarter financial results which showed the highest profitability in the company's history, a 200% year-over-year increase.