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FedEx reported strong quarterly results, driven by growth in package volumes and yields as the company focuses on high-margin logistics business. The post FedEx boost revenue behind premium parcel, freight volumes appeared first on FreightWaves.
US stocks advanced on Wednesday, rebounding from a bruising start to the week for tech stocks, as oil prices plunged to their levels not seen since the beginning of the US-Iran war.
Asking for a Trend Host Josh Lipton previews several of the biggest stories to come tomorrow, Wednesday, June 24, including US new home sales data and earnings results from Micron Technology (MU) and Trip.com (TCOM).
By Diana Novak Jones June 23 (Reuters) - Google's YouTube has settled with a minor who claimed the platform caused mental health harms, the plaintiff’s lawyers said, ahead of a second California trial
Since its launch in 2020, Polymarket has grown into the world's largest prediction market. The platform lets traders predict events, from future Bitcoin prices and election results to government shutdowns, using cryptocurrency as collateral. Traders can deposit Circle's USDC ...
SoftBank Group (SFTBY) founder Masayoshi Son dismissed the idea of building data centers in space, breaking publicly with the vision Elon Musk has spent the past year building toward. Son made the comments at his own company’s shareholder meeting, according to a Seeking Alpha report. The contrast ...
While the top- and bottom-line numbers for FedEx (FDX) give a sense of how the business performed in the quarter ended May 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Google parent Alphabet will be added to the Dow Jones Industrial Average beginning Monday, the index’s operator, S&P Global, said Tuesday. The company represents the fifth of the so-called Magnificent Seven growth stocks to enter the price-weighted index, which has historically been less vulnerable to tech swings than the Nasdaq Composite Index or the S&P 500. “Adding Alphabet will broaden and strengthen the DJIA’s exposure to these dynamic areas of the U.S. economy,” S&P said in a written statement.
SpaceX stock was hovering around $160 a share on Tuesday, returning to its closing IPO price after a run-up that raised shares 40% since the company went public.
Costco Wholesale keeps proving its critics wrong. While tariff fears, rising gas prices, and a shaky global economy have rattled many retailers, the warehouse giant keeps delivering. Its latest earnings report and monthly sales update paint a picture of a company gaining ground. And ...
Google's YouTube has settled a lawsuit brought by a minor who claimed the platform damaged his mental health, his lawyers said Tuesday, ahead of a second California trial over social media's role in the youth mental health crisis. The suit named four defendants — YouTube, Meta's Instagram, Snap Inc's Snapchat and ByteDance's TikTok — and the remaining three companies are still set to face trial in July. Google spokesperson Jose Castaneda said in a statement that the lawsuit had been amicably resolved.
Nike announced a CFO transition and said fourth-quarter results remain on track, excluding a one-time tariff refund benefit.
(Bloomberg) -- Bill Gates told US lawmakers he believed Jeffrey Epstein may have been considering blackmailing him, according to transcripts released Tuesday by the House Oversight Committee.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesSpaceX Falls for Third Day, Erases $600 Billion in Market ValueKorean Stocks Tumble 10% as Extreme Volatility Rattles Investors‘FOMO Really Got Me’: Taiwanese
Cerebras Systems said it expects to keep operating at a loss through year-end, pointing to the heavy costs to build out artificial intelligence. The company projected full-year core operating margins, which exclude certain items, of between negative 28% and negative 32%.
FedEx stock sinks despite an earnings beat.
FedEx stock sinks despite an earnings beat.
Micron stock is dropping after SK Hynix and Samsung stocks tumbled Tuesday on the KOSPI index as the tech selloff gathers pace.
(Bloomberg) -- Cerebras Systems Inc., a newly public chipmaker aiming to compete with Nvidia Corp. in AI computer components, gave an annual sales forecast that disappointed investors looking for the company to take a bigger slice of the market.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesSpaceX Falls for Third Day, Erases $600 Billion in Market ValueKorean Stocks Tumble 10% as Extreme Volati
<p>SpaceX’s IPO smashed records, as investors clamored to gain access, pouring in billions to any kind of SpaceX exposure they could get their hands on. One ETF benefited for a couple hours, having changed its entire mandate overnight to capture the hype, before being halted. Tune into this episode of <em>ETF Zoo</em> for the scoop and the precedent it may set for ETFs looking ahead. </p>
FedEx (FDX) delivered earnings and revenue surprises of +6.81% and +3.42%, respectively, for the quarter ended May 2026. Do the numbers hold clues to what lies ahead for the stock?
The proposed CEO Performance Award was a large stock option package for Ryan Cohen that GameStop’s board approved in January 2026.
By Jamie McGeever ORLANDO, Florida, June 23 (Reuters) - Global stocks slumped in a tech-fueled selloff on Tuesday, with investors unnerved by growing debt-funded AI spending, the prospect of a more
Moby summary of Korn Ferry's Q4 2026 earnings call
Shares of shipper FedEx fell after the company beat expectations for fourth quarter earnings and revenue and sees continued profit growth this year. Shares fell 4.4% in after hours trading to $303.29. FedEx reported fourth quarter revenue of $25 billion and adjusted earnings of $6.21 a share.
Chief Executive Raj Subramaniam said FedEx’s growth strategy is working, and with the spinoff of its freight division, the company is positioned to further optimize its network and lower costs.
David Denton’s appointment, effective Aug. 17, comes as the company struggles to execute its turnaround.
Despite surging retail interest, SpaceX shares have tumbled more than 25% over a three-day skid, testing the resolve of retail investors as the aerospace giant navigates valuation concerns and its first-ever bond sale.
The iShares Core MSCI EAFE ETF (NYSEARCA:IEFA) has quietly become one of the best-performing core holdings in U.S. investor portfolios this year, climbing roughly 10.5% year to date and roughly 24% over the past 12 months to around $97. With 7 basis points in fees and roughly 2,500 developed-market holdings across Europe, Japan, and Australia, ... If the Fed Cuts Again, IEFA Could Rally Further. Here’s Your Monitoring Checklist.
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