Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

Thanks for joining us on this Tuesday, May 13th. I'm Julie Morgan.

Amazon shifts gears on shipping. Samsung slims down its smartphone and Coinbase scores a new spot.

Amazon has reached an agreement with FedEx to take over package deliveries previously

handled by UPS. According to an email obtained by Business Insider, FedEx offers cost favorability

over UPS, providing Amazon with cost savings and alleviating capacity constraints.

If you remember, UPS said it was reducing the volume of packages delivered for Amazon by 50%

by the second half of 2026. This would enable UPS to focus on the delivery of heavier packages traveling a longer distance

while reducing the delivery of lighter packages from Amazon.

The shift is expected to result in a workforce reduction of 20,000, closure of 73 facilities

and $3.5 billion in savings for UPS. FEDEC shares moved higher on the news last trading

in the pre-market with a 1% gain. Samsung has officially launched the Galaxy S-25 Edge. The new

ultra-thin edition makes it one of the slimmest and lightest premium smartphones available.

The last edition revealed through an online event stands out with a thickness of 5.8

millimeters and a weight of 163 grams. The device is priced starting at $1.100 and goes on sale

at the end of this month. In parallel, there are reports that

Apple is preparing to launch the iPhone 17 Air, which is rumored to be the thinnest and lightest iPhone

ever made and likely expected in September of this year alongside the rest of the iPhone 17 lineup.

It is rumored to be higher than the current Pro Max,

possibly starting at $1,300 or more,

positioning it as the most premium model in the lineup.

Cryptocurrency Exchange Coinbase will be added

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