Amazon (AMZN) Surpasses UPS & FedEx As Biggest Delivery Business In U.S.

Amazon (AMZN) shakes up U.S. home delivery. AMZN is now the biggest delivery business in the U.S., notes Max Wasserman. He and Matt Maley discuss AMZN as it has surpassed UPS and FedEx. Wasserman highlights that AWS remains the key profit center benefitting from cloud momentum and global digital transformation. Maley mentions that if we get a recession, it will likely cause AMZN to look more closely at the “last mile” issue. He suggests that the next recession might actually help AMZN over the long term. Tune in to find out more about the stock market today.