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The Latest Breaking News from FedEx

Jared Goff nominated for FedEx Air Player of the Week honors

Lions QB Jared Goff is nominated for FedEx Air Player of the Week honors for Week 2

USA Today Sports Media Group

Should You Buy SoFi Stock Now or Wait?

Shares of financial services company SoFi Technologies (SOFI) have plummeted more than 60% in price year-to-date, aggravated by the recent FedEx warning spurring recession fears and causing a broad sell-off in fintech stocks. However, given Biden’s announcement on lifting the student loan repayment moratorium, is it wise to buy the…

StockNews.com

Asian shares slip lower following broad decline on Wall St

Asian shares are down after another week of sizable losses on Wall Street

The Independent UK

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There are concerns that the US Fed will 'tighten right into a recession'; ASX falls

Australian shares fall, with mining and gold stocks supporting the benchmark index, even as risk appetite remained weak after investors weighed expectations of an outsized rate hike from the US Federal Reserve this week.

ABC News

How Low Will Stocks Go?

It is now clear the summer bear market rally is over. Now we are descending back into bear market territory with a retest of the S&P 500 (SPY) lows at 3,636 a very likely occurrence. But is that bottom or might we be in store for even more pain? 40…

StockNews.com

FedEx has biggest drop in over 40 years after pulling forecast

FedEx Corp. lost $11 billion in market value, wiping out two years of stock gains, after withdrawing its earnings forecast on worsening business conditions.

Tribune News Service

FedEx's Economic Warning Rattles Amazon Investors: What's Next For The Stock?

The fallout from FedEx Corporation (NYSE: FDX)'s pre-earnings announcement is having a ripple effect in the markets, and perhaps the most devastating impact is on Amazon.com, Inc. (NASDAQ: AMZN), which is the

Benzinga

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Stock Market Closes Lower After FedEx Issues Warning; All Eyes On Next Week's Fed Rate Hike

FedEx issued a warning about earnings and about the economy. Oil stocks fell.

Investors Business Daily

Dow Jones Sinks 300 Points; Fund Outflows Hit $12.7 Billion; Oil Stocks Struggle

Investors exited large-cap funds and ETFs, fund flow data shows.

Investors Business Daily

Why NCR Is Trading Lower By Around 23%, Here Are 42 Stocks Moving In Friday's Mid-Day Session

Gainers Kensington Capital Acquisition Corp. IV (NYSE: AMPX) jumped 35.4% to $13.54 after gaining 11% on Thursday.

Benzinga

Where FedEx Stock May Find Support After a Tough Update

FedEx stock is getting hit after an update from management. Here's the scenario on the chart.

The Street

Post-Pandemic Unwind? 4 FedEx Analysts Talk Pre-Earnings Miss

FedEx Corporation’s (NYSE: FDX) stock dropped on Friday morning following its pre-earnings report on the status of the world economy, which some experts are referring to as a post-COVID-19 pandemic unwind.

Benzinga

Dow Jones Down 341 Points, On Pace For Weekly Loss; FedEx Plummets On Grim Warning

The Dow Jones fell as the Nasdaq led the downside. The indexes have undercut a key level of support at the recent Sept. 6 lows.

Investors Business Daily

Stocks extend losses on recession fears

New York (AFP) - Stock markets fell further on Friday as weak UK retail sales data and a dire warning from global shipping giant FedEx fueled fears of recession.

AFP

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Benzinga

What Are Whales Doing With FedEx

Someone with a lot of money to spend has taken a bullish stance on FedEx (NYSE:FDX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 16, 2022

Investors Business Daily

Dow Jones Sells Off As FedEx Plunges 23% On Profit Warning

The Dow Jones Industrial Average dived 350 points Friday, as FedEx shares plunged more than 22% on a profit warning.

The Street

Stock Market Today: Stocks End Lower on Recession Fear, FedEx Warning

Growing concerns for a global recession, and a surprise profit warning from FedEx, put stocks firmly in the red Friday.

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Investors Business Daily

Stock Market Tumbles As Hot Inflation Enflames Fed Fears; Adobe, FedEx, Nucor Fall Sharply: Weekly Review

The stock market suffered big losses after Tuesday's hot inflation report signaled the Fed will be hiking rates aggressively for longer.

Benzinga

US Stock Futures Drop Ahead Of Consumer Sentiment Report; FedEx Shares Plunge

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Friday after recording losses on Thursday. The Nasdaq 100 index dipped more than 200 points in the previous session following the release of several economic reports.

The Street

FedEx Stock Plunges On Surprise Profit Warning, Global Shipping Demand Slump

“Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S," said CEO Raj Subramaniam.

The Street

Stocks Slide, Consumer Sentiment Data, FedEx, GE and Uber In Focus - 5 Things To Know

Stock futures slump on recession worries; Consumer sentiment data in focus amid sticky inflation; FedEx shares plunge after pulling profit forecast; General Electric slumps on supply chain, cash flow caution and Uber skids after confirming cybersecurity breach.

Investors Business Daily

FedEx Stock Hits Two-Year-Plus Low After 'Ugly Quarter And Outlook'

FedEx earnings badly missed views and the delivery giant pulled guidance. Analysts cut price targets on FedEx stock.

Investors Business Daily

Dow Jones Futures Fall, FedEx Dives; Stock Market Set To Break Key Level As Bull Case Turns Bearish

Dow Jones futures: The stock market is still reeling from the Fed bull case turning into bigger rate hikes for longer. FedEx dived on earnings.

Benzinga

While Supply-Chain Kinks Remain, These 3 High Yield Air Freight And Logistics Stocks Ready To Take Off

With supply chain issues negatively impacting the global economy, it should come to no surprise that the industrials sector has been trading close but better than the overall S&P 500, as the sector is down 10.3% year-to-date, as of Sept. 9.

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