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The Latest Breaking News from FedEx

Stock Market Today: Stocks Struggle for Direction on Inflation Concerns

Another hot inflation reading from overseas and some real estate weakness at home made for a choppy session.

Kiplinger

FedEx Stock Soars on Big Earnings Beat: What To Know

FedEx stock is higher Wednesday after the logistics giant's impressive earnings results and upbeat outlook. Here's what you need to know.

Kiplinger

Hawkish Comments from Fed Governor Bowman Weigh on Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.15%. Stock indexes today are mildly lower after hawkish comments today from Fed Governor Bowman...

Barchart

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NGO Denounces Rising Air Freight Pollution

An environmental pressure group denounced Wednesday the rising emissions of the air freight industry, which has been boosted by global supply chain difficulties and rising online commerce.

International Business Times

Air freight greenhouse gas emissions up 25% since 2019, analysis finds

Boom in air cargo due to shoppers’ expectations of speedy delivery and shift in post-pandemic economy, researchers say

The Guardian - UK

Stock Index Futures Muted as Bond Yields Climb, FedEx Soars on Upbeat Results

September S&P 500 E-Mini futures (ESU24) are up +0.03%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.12% this morning as U.S. Treasury yields marched higher, while FedEx shares surged following better-than-expected quarterly results and profit forecast.

Barchart

Stock Index Futures Muted as Bond Yields Climb, FedEx Climbs on Upbeat Results

Barchart

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Nasdaq Futures Rise as Tech-Driven Rally Continues, FedEx Climbs on Upbeat Results

September Nasdaq 100 E-Mini futures (NQU24) are trending up +0.19% this morning as Nvidia and other chip stocks continued to rise, while FedEx shares surged following better-than-expected quarterly results and profit forecast.

Barchart

Stock Index Futures Rise as FedEx Results Boost Sentiment, Micron Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +0.23%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.38% this morning as investors cheered forecast-beating quarterly results and profit forecast from global economic bellwether FedEx, while also awaiting an earnings report from memory chipmaker Micron Technology.

Barchart

Is FedEx Corporation Stock Underperforming the S&P 500?

Despite recently underperforming the broader S&P 500 Index, Wall Street analysts remain cautiously optimistic about FedEx’s outlook.

Barchart

FedEx To Cut Up To 2,000 Jobs In Europe

FedEx will eliminate up to 2,000 jobs in Europe as part of a cost-cutting drive in response to lackluster demand, the shipping company announced Wednesday.

International Business Times

Families of Uvalde survivors sue UPS and FedEx for shipping weapons used in school shooting

The lawsuit alleges that the companies are responsible for violating state and federal law, as well as their own safety standards

Latin Times

Close Call: Fedex Plane Nearly Collides With Southwest Jet

Investigation reveals a near-collision incident between FedEx cargo plane and Southwest Airlines jet in Austin, Texas, prompting safety concerns in U.S. av...

Top News

NTSB begins considering probable cause in a near-collision between FedEx and Southwest planes

Federal investigators are preparing to vote on the probable cause of an airport close call last year in which two planes nearly collided in Austin, Texas

The Independent UK

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PC Gamer

You had one job FedEx: $400,000 worth of stolen Playdate consoles reappear at a random restaurant

Crime never pays.

Salon

Trial says a lot about possible 2nd term

Trial revelations suggest Trump will be even less constricted by rules and norms than he was before

The Independent UK

Family of five killed after FedEx truck smashed into their SUV in Texas

Tragedy happened near Eagle Pass

The Independent UK

Claude Makelele tips Jude Bellingham for Ballon D’Or after ‘amazing’ season

Bellingham will play in the Champions League final on Saturday.

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The Guardian - US

Two giant pandas from China to arrive at US National Zoo

Bao Li and Qing Bao will be the first pandas to reside at the Smithsonian zoo in Washington DC since last fall

Fortune

What's open and what's closed on Memorial Day 2024?

Let the barbeques commence!

Fortune

FedEx promised investors $4 billion savings by consolidating operating units—the CTO had to figure out how tech would deliver

By June, FedEx's express, ground, and services units will unify into one company. For CTO Adam Smith, that's meant reimagining technology systems that were separately developed by the different divisions.

Al Jazeera

Boeing’s jets turn 70: A timeline of highs, lows and turbulence

Boeing, founded in 1916, has experienced good times and bad during its more than 100 years in the air.

USA Today Sports Media Group

FedEx reportedly fires worker chucking boxes in viral video from UFC CEO Dana White

UFC CEO Dana White's footage of a FedEx worker mishandled packages has led to an employee being fired, the company confirmed.

Top News

Investigation Launched Into Southwest-Fedex Near-Miss Incident

Investigation ongoing for near-miss incident between Southwest Airlines and FedEx planes, highlighting aviation safety concerns.

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