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February 3, 2025

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In this video, Mary Ellen unpacks the week after the news drop roiled markets; coupled with major earnings reports, it’s been a rough week. She highlights what drove the biggest winners last week as we head into one of the busiest time for earnings!

This video originally premiered January 31, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.

A deadline to begin talks on extending Gaza’s ceasefire arrived Monday with the Israeli prime minister in Washington, silence from his office about when a negotiating team might engage with Hamas, and considerable uncertainty about what the next stage of the fragile truce will look like.

The ceasefire, in place for just over two weeks, is set to expire on March 1. Under the terms of the deal, talks on the next phase are supposed to begin no later than Monday.

But the Israeli government has yet to publicly unveil a negotiating team for the talks, let alone send them to Qatar or Egypt, where Hamas is sending a delegation this week. Hamas has not publicly commented on Monday’s deadline.

Qatar’s prime minister, who has acted as an intermediary in the talks, said Sunday that there were “no clear details” on when or how the talks would start. “We hope to see some movement in the coming days,” Mohammed bin Abdulrahman Al-Thani said during a press conference in Doha.

Israeli Prime Minister Benjamin Netanyahu has made clear that he sees the path forward not in Doha or Cairo, but in Washington, where he will this week become the first foreign leader to hold a formal meeting with US President Donald Trump.

Netanyahu’s office said on the eve of his departure that he had agreed with Trump’s Middle East envoy that “negotiations on the second phase of the hostage deal will begin with their meeting in Washington,” during which “they will discuss Israel’s positions.”

Since the ceasefire went into effect on January 19, Hamas and its allies have released 18 hostages held in Gaza. In exchange, the Israeli government has released 583 Palestinians held in detention – some serving life sentences for serious offenses – but also a significant number of children held without public charge or trial.

The ceasefire has seen the withdrawal of Israeli forces from Gazan population centers, a surge of aid entering the enclave and, for the first time since May last year, the opening of the vital Rafah crossing on the border with Egypt for the evacuation of injured and sick Palestinians.

It has also largely held apart from a few violations – only the second respite in 15 months of war, after a brief truce in November 2023.

Chief among Netanyahu’s concerns this week will be what Trump wants. The American president was not yet in office during the first round of ceasefire talks, though his team played a large role in pushing Israel toward a deal.

“Our decisions and the courage of our soldiers have redrawn the map,” Netanyahu said on the tarmac of Ben Gurion Airport Sunday. “But I believe that, working closely with President Trump, we can redraw it even further and for the better.”

But Gershon Baskin, a veteran Israeli negotiator and peace activist, said in a statement that Netanyahu’s “refusal to begin negotiations on the day stipulated in the agreement is a clear violation of the agreement.”

“Israel demands that Hamas adhere to all the terms of the agreement, while simultaneously violating it in a significant way. Once again, Netanyahu is abandoning the hostages and endangering them.”

Trump claimed credit for the current ceasefire and pledged upon taking office to end foreign wars. But he has also now repeated his desire for the 2 million people of Gaza to leave so that “we just clean out that whole thing.” The forced displacement of civilians can constitute “a war crime and/or crime against humanity,” according to the United Nations.

Trump’s proposal was music to the ears of the most extreme minister in Netanyahu’s governing coalition. Finance minister Bezalel Smotrich, who vehemently opposed the withdrawal of Israeli forces and settlers from Gaza in 2005, wants Jews to resettle in the enclave.

“Encouraging migration (of Palestinians out of Gaza) is the only solution that will bring peace and security to the residents of Israel and alleviate the suffering of Gaza’s Arab residents,” he said after Trump expressed his desire for Palestinians to leave.

Already one minister – the far-right Itamar Ben-Gvir – has withdrawn his party from the Israeli government over the ceasefire, calling it a capitulation. Smotrich has pledged he will do the same if Israel does not renew the war in Gaza when the current, first phase of the ceasefire expires.

Kareem Khadder, Mike Schwartz and Eyad Kourdi contributed to this report.

This post appeared first on cnn.com

Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by more than half.

The shipping giant said in its fourth-quarter earnings report that it “reached an agreement in principle with its largest customer to lower its volume by more than 50% by the second half of 2026.”

At the same time, UPS said it is reconfiguring its U.S. network and launching multiyear efficiency initiatives that it expects will result in savings of approximately $1 billion.

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most profitable customer. “Its margin is very dilutive to the U.S. domestic business,” she added.

“We are making business and operational changes that, along with the foundational changes we’ve already made, will put us further down the path to become a more profitable, agile and differentiated UPS that is growing in the best parts of the market,” Tome said in a statement.

Amazon spokesperson Kelly Nantel told CNBC in a statement that UPS had requested a reduction in volume “due to their operational needs.”

“We certainly respect their decision,” Nantel said in a statement. “We’ll continue to partner with them and many other carriers to serve our customers.”

Amazon said before the UPS announcement that it had offered to increase UPS’ volumes.

UPS forecast 2025 revenue of $89 billion, down from revenue of $91.1 billion in 2024. That is well below consensus estimates for 2025 revenue of $94.88 billion, according to analysts polled by LSEG.

For the fourth quarter, UPS missed on revenue, reporting $25.30 billion versus $25.42 billion analysts anticipated in a survey by LSEG.

Amazon has long relied on a mix of major carriers for deliveries, including UPS, FedEx and the U.S. Postal Service. But it has decreased the number of packages sent through UPS and other carriers in recent years as it looks to have more control over deliveries.

Amazon has rapidly built up its own logistics empire since a 2013 holiday fiasco left its packages stranded in the hands of outside carriers. The company now oversees thousands of last-mile delivery companies that deliver packages exclusively for Amazon, as well as a budding in-house network of planes, trucks and ships. By some estimates, Amazon’s in-house logistics operations have grown to rival or exceed the size of major carriers.

UPS has, for its part, taken more aggressive cost-control measures, including catering to more profitable delivery customers. On the investor call, Tome highlighted health care; small business; international; and business-to-business, or B2B, as “the best parts of the market” that it has leaned into more heavily. In recent quarters, UPS has benefited from an influx of volume from bargain retailers Temu and Shein, which have rapidly gained popularity in the U.S.

Last January, UPS laid off 12,000 employees as part of a bid to realize $1 billion in cost savings.

This post appeared first on NBC NEWS