A record-setting week for Wall Street closed on a quieter note Friday. FedEx dropped 15.2% after its profit and revenue for the latest quarter fell short of expectations. It said U.S.
European markets have opened lower after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest rates fades ...
NEW YORK — Wall Street is quieter on Friday ... The Nasdaq composite was 0.3% lower, as of 10:30 a.m. Eastern time.
By Shivansh Tiwary, Lisa Baertlein (Reuters) -Shares of FedEx slumped over 15% on Friday, the worst in two years, after a ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
Key Takeaways FedEx lowered its revenue and earnings outlook for fiscal 2025.The company's fiscal first-quarter results ...
FedEx reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers ...
Shares of exchange-traded funds that focus on companies related to the nuclear industry were leaping Friday after Constellation Energy Corp. announced it was restarting a nuclear reactor at Three Mile ...