United Parcel Service Inc (NYSE:UPS) announced better-than-expected third-quarter earnings and revenue before the open today, citing job cuts and cost-cutting initiatives. The company also issued an upbeat fiscal-fourth quarter revenue outlook, sending the shares soaring in response. UPS was last seen up 10.4% to trade at $98.45, heading for its best day since February 2022. Further removing itself from an Oct. 14 five-year low of$82, the stock is looking to conquer long-term resistance at the 100-day movi ...