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FedEx, Nike and Trump
These Stocks Are Moving the Most Today: FedEx, Nike, Trump Media, Lennar, and More
Stocks were modestly lower Friday, a day after the Dow Jones Industrial Average and S&P 500 closed at record highs following the Federal Reserve’s half-point cut to interest rates.These stocks were making moves Friday:Shares of FedEx were tumbling 13% after the shipping and logistics company reported fiscal first-quarter adjusted earnings that widely missed Wall Street estimates amid a slump in demand and cut its fiscal 2025 outlook.
FedEx, Lennar, Trump Media: 3 Stocks In Focus
Brief Hosts Seana Smith and Brad Smith check in on some of the stocks moving most in Friday morning's extended-hours trading. Shares of FedEx (FDX) are plunging after the shipping company slashed its profit and revenue forecasts and missed on its fiscal first quarter earnings estimates.
Stocks to Watch: Nike, FedEx, Alliance Entertainment Holding, Arq
Alliance Entertainment Holding swung to a profit in the fourth quarter despite a drop in revenue. The company, a global distributor and wholesaler of music, movies and video games, reported per-share earnings of 9 cents on revenue of $236.
FedEx, Wall Street
FedEx Stock Plunges After Earnings. Wall Street Says Stick With It, Mostly.
FedEx stock tumbled after the company reported disappointing earnings and turned in weak quarterly results Thursday and suffered a bevy of price target cuts and downgrades from Wall Street as a result.
Stocks Slip at Open, FedEx Weighs, Israel 'Targeted Strike,' More
Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world.
Stock market today: Wall Street edges back from its records as FedEx slumps
A record-setting week for Wall Street is closing on a quieter note Friday, and U.S. stocks are pulling back from their highs hit during a worldwide rally the day before. The S&P 500 was down 0.5% in late trading,
1d
Why Did FedEx Stock Fall 13%?
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
1d
LONDON MARKET MIDDAY: FedEx & Mercedes bring stocks down with a bump
"BMW's warning on the underlying business was [around] 200bps in auto Ebit margin for [the second half] but it's 350bps for Mercedes. We expect to see meaningful 2025 consensus downgrades on the back ...
Investing
2d
US stocks lower on sharp FedEx losses; weekly gains likely
Investing.com-- U.S. stocks edged lower Friday, weighed by weaker-than-expected earnings from delivery giant FedEx, after ...
5d
Stocks This Week: Sell Short FactSet And Buy FEDEX
The market is due to peak on the 18th. Here are two stocks. One is a short sale that will take advantage of a weak market.
stocknews
1d
3 Transportation Stocks to Buy as Supply Chains Normalize
The prospects of the transportation market appear robust with the upcoming holiday season, infrastructure developments, ...
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