Higher interest rates will generate tailwinds and headwinds for the financial data giant.
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<body><p>STORY: Shares of FedEx fell Wednesday morning after the company posted lower margins in its core delivery segment.</p><p>That raised investor doubts about its future following the spinoff of its highly profitable trucking unit.</p><p>In a bid to focus on its delivery business, FedEx spun off its trucking unit, FedEx Freight, earlier this month. </p><p>The slimmed-down company is under investor scrutiny to bolster profits and reduce costs, which have climbed for employee salaries and benefits as well as for outsourced transportation and fuel.</p><p>U.S. logistics firms including UPS and FedEx have been battling volume decline due to changing U.S. trade policies, while the Iran war has pushed fuel prices higher.</p><p>Also weighing on volumes is the loss of duty-free "de minimis" treatment for low-value e-commerce shipments tied to China-linked discount sellers, such as Shein and Temu.</p></body>
(Updates prices in the second and final paragraphs.) Gold traded at a seven-month low midafternoo
FedEx Corp (NYSE:FDX, XETRA:FDX) shares fell on Wednesday following its latest earnings report, even as Bank of America said the company continues to show strong underlying earnings momentum, with the post-earnings decline driven more by reporting-transition complexity than by operational...
The Commodity Futures Trading Commission (CFTC), the federal derivatives regulator, filed a lawsuit against the Commonwealth of Kentucky on June 23, 2026, making it the ninth state the agency has sued in an accelerating battle over who gets to regulate prediction markets in the United States. Kentucky had moved the ...
Gold traded at a seven-month low early on Wednesday as the dollar continued to strengthen on expecta
The shipping giant reported adjusted EPS of $6.31 versus expectations of $5.96, but its new calendar-year profit forecast fell short of expectations
FedEx (NYSE:FDX) shares dropped more than 6% in premarket trading on Wednesday after the logistics group issued a 2026 profit forecast that fell short of market expectations, overshadowing stronger-than-expected fourth-quarter earnings and revenue. Fourth-Quarter Results Top EstimatesThe package delivery company reported adjusted earnings of $6.
The company exceeded savings goals and completed its freight spin-off.
Alibaba Group is seeking to be removed from a list of companies with alleged ties to China’s military.
Moody’s Analytics chief economist Mark Zandi has warned that America’s stark economic divergence remains “firmly intact,” as newly updated data reveal a bruising financial reality in which the bottom 80% of earners are losing the battle against inflation, while top earners dominate national consumption. The Spending Divide Deepens According to Zandi’s updated estimates, households in the top 20% of the income distribution—defined as those earning over $175k annually—now account for an “astoundin
FedEx reported Q4 earnings and revenue that beat Wall Street expectations.
The Nasdaq broke key support Tuesday as AI stocks sold off, even as SpaceX reversed higher. FedEx and AI chip IPO Cerebras reported late. Micron earnings loom.
Investing.com -- FedEx shares fell about 6% in after-hours trading on Tuesday after the package delivery giant issued a calendar year 2026 earnings outlook that came in below Wall Street expectations, overshadowing better-than-expected fourth-quarter results.
FedEx Corp (NYSE:FDX, XETRA:FDX) shares fell nearly 5% in after-hours trading on Tuesday after the package delivery company issued fiscal 2027 earnings guidance that came in below Wall Street expectations, overshadowing stronger-than-expected fourth quarter results. FedEx projected fiscal...

International courier service FedEx (FDX) topped fiscal fourth quarter estimates on adjusted earnings ($6.31 per share vs. expectations of $5.97). The stock is dropping in Tuesday's after-hours trading. Market Domination Overtime Anchor Josh Lipton takes a closer look at FedEx's earnings release.

Tesla (TSLA) is facing a federal investigation into a fatal car crash in Texas, in which the driver claimed that Tesla's full self-driving (FSD) was engaged. Yahoo Finance Senior Autos Reporter Pras Subramanian chats with Yahoo Finance's Julie Hyman about what we know so far.
June 23 (Reuters) - Wall Street's main indexes opened lower on Tuesday, following sharp losses in megacap and semiconductor stocks as investors braced for a more hawkish Federal Reserve and
Tesla Faces New Self-Driving Questions After Fatal Crash, Stock Slides
By Utkarsh Hathi and Johann M Cherian June 23 (Reuters) - Europe's benchmark STOXX 600 fell to a more than one-week low on Tuesday, as expectations for imminent interest rate hikes by the Federal
A key phrase was missing in the latest Federal Open Market Committee (FOMC) statement, and it has massive implications for the stock market.
The real estate start-up is making progress on its recovery.
Asian shares were mixed in subdued trading early Tuesday, as recent enthusiasm cooled and markets faced uncertainty about efforts to end the war in Iran. Japan's benchmark Nikkei 225 lost 0.9% in morning trading to 71,681.29. Australia's S&P/ASX 200 was up less than 0.1% in morning trading at 8,822.10.
Tuesday's catalysts include flash PMIs, Richmond Fed data, ADP weekly employment, Treasury bill and 2-year note auctions, and May money supply.
Investors have several reasons to expect a more cautious message from JPMorgan. The S&P 500 rally has already been powerful; valuations are no longer cheap, and the market has been balancing Fed uncertainty, stretched positioning, and questions about how much good news is priced in. However, in ...
June 22 (Reuters) - Workday must face claims that its popular AI-powered human resources software weeded out job applicants at other companies in ways that violated California law and a federal ban on discrimination against workers with disabilities, a federal judge ruled on Monday. District Judge Rita Lin in San Francisco rejected California-based Workday's claim that the state's anti-discrimination laws do not apply when it screens people based outside California who are applying for jobs
A driver told law-enforcement officials he was using Tesla’s Autopilot when his car slammed into a Houston-area home, killing a woman.