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The biggest stock market winners and losers of the US port strike
"The longer this goes, the more the impact scales, and really it starts to scale exponentially," St…
Matthew Fox
Intel is having a meme-stock moment. 4 retail investors explain why they're betting on the chipmaker.
Members of Reddit's WallStreetBets are exchanging Intel memes and say they've taken stakes in the c…
Theron Mohamed
FedEx tumbles to lowest in a year after cutting its yearly outlook as a labor shortage sends costs soaring
First-quarter operating results were hurt by a $450 million increase in costs from a year earlier.
Carla Mozée
Air freight demand has cooled so much, FedEx is telling its pilots to fly for American Airlines instead
Demand for air cargo has slowed due to lower sea freight rates and the return of passenger flights …
Huileng Tan
These are the top 10 holdings of Bill Gates' $42 billion stock portfolio
The portfolio is unique in that it owns concentrated positions in less-heard-of companies, like Coc…
Matthew Fox
Stock market today: Futures jump after Fed signals rate cuts are coming
Federal Reserve Chair Jerome Powell said he still expected to cut interest rates later this year de…
Theron Mohamed
US stocks falls as recession concerns rise on FedEx warning ahead of Fed's next rate hike
The Nasdaq slumped more than 5% for the week as investors prepared for the Federal Reserve to raise…
Carla Mozée
US stocks drop as FedEx's warning highlights recession concerns before the Fed's next rate hike
FedEx said it saw softness in global volume accelerate during the final weeks of its fiscal first q…
Carla Mozée
Roblox has added nearly $26 billion to its market cap as metaverse mania pushes its value past brands like FedEx and Ferrari
CEO David Baszucki told Bloomberg Roblox could eventually be used to facilitate a frog dissection i…
Natasha Dailey
UPS jumps 12% after revenue and earnings beat estimates amid an e-commerce surge
UPS turned in revenue of $22.91 billion and EPS of $5.47 in its first-quarter earnings release on T…
Will Daniel
Warren Buffett lost a bet on a college-football game. He paid up by shipping a decades-old $5 bill using FedEx.
Warren Buffett lost a bet with Chevron CEO Mike Wirth on the outcome of a Nebraska-Colorado footbal…
Theron Mohamed
FedEx climbs as strong e-commerce demand during an 'unprecedented' holiday season drives earnings beat
FedEx said the increased volume of packages offset its higher labor costs and weather-related expen…
Isabelle Lee
Warren Buffett is eager to invest $80 billion. That's enough to buy GM, FedEx, or Activision Blizzard.
The famed investor's company could easily afford Twitter, Chipotle, Ford, eBay, and other blue-chip…
Theron Mohamed
FedEx skyrockets 17% on surprise revenue beat and a slew of Wall Street upgrades
More than a dozen Wall Street analysts rushed to upgrade their FedEx price targets following the co…
Carmen Reinicke
FedEx says it's rerouting more than 600,000 packages a day because it can't find enough staff to process them
A FedEx hub in Portland, Oregon, was down 35% of the staff it needed to handle normal volume, and w…
Grace Dean
FedEx boss tells the US to brace for stagflation because there aren't enough workers to meet juiced-up demand
"You simply do not have the workers to meet the demand that's been juiced by the printing of money,…
George Glover
Sensex, Nifty50 to open in the green amid positive global cues – Reliance, Adani Enterprises, Sula Vineyards among stocks in focus
The markets are likely to open on a positive note on Thursday, amid positive cues in the US and Asi…
FedEx slumps as the carrier beats earnings estimates but says costs tied to increased shipping demand and labor are soaring
After a long run of strong earnings, FedEx disappointed some analysts by coming in just a few cents…
Ethan Wu
Don't blame Amazon for FedEx's stock free fall
FedEx bought the European package giant in 2016 for a whopping $4.4 billion, but integrations of th…
Rachel Premack
FedEx shares sink over 24% after the delivery giant ditches its earnings outlook and warns of a worsening global economy
The air delivery and shipping company warned that shipping volumes were declining due to an economi…