Business

UPS Beats Earnings Expectations, Raises Guidance

Updated 2026-07-28 10:25 UTC 2 sources Positive

UPS exceeded Wall Street expectations and raised its full-year guidance in the second-quarter earnings report. Asian stocks fell sharply amid reports of China's capability to manufacture DUV lithography machines.

Coverage timeline — 2 articles

MarketWatch

‘Picks and shovels’ trade comes unstuck as AI hardware stocks plunge on competitive threat from China

Asian stocks sold off sharply on Tuesday amid reports that China is now capable of manufacturing DUV lithography machines.

2026-07-28 10:16 UTC

CNBC

UPS beats earnings expectations, raises full-year guidance

UPS beat Wall Street expectations and raised its full-year guidance in its second-quarter earnings report Tuesday.

2026-07-28 10:17 UTC