Amazon.com, Inc. (NASDAQ:AMZN) has announced the launch of Amazon Supply Chain Services, allowing businesses across various sectors to leverage its extensive logistics network, positioning it against rivals FedEx and UPS. This strategic move comes as the U.S. stock market faces volatility, with major indices declining due to rising tensions in the Middle East and soaring oil prices now over $106 per barrel. While Amazon's stock saw a modest gain, its competitors, FedEx and UPS, experienced significant tumbles of 9.1% and about 10%, respectively.
Click a month on the chart to update the report below.
.jpg&width=160)
%20-%20IRN%20-%20UNOCHA.svg&width=160)