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UPS Climbs Most Since 2022 as Cost Cuts Spur UBS Upgrade

United Parcel Service Inc. rose the most in more than a year after UBS Group AG upgraded the courier to buy, predicting the company will continue to rein in…

Snap Reports Disappointing Revenue During Ad Slump; Shares Plunge

Snap Inc. shares plunged more than 30% after the parent company of the Snapchat app reported disappointing revenue in the holiday quarter as it continues to…

ByteDance s China Chief Resigns After CEO Seeks Greater Urgency

The head of ByteDance Ltd.’s China operations is stepping down, a week after Chief Executive Officer Liang Rubo said the company needed to avoid complacency…

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