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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,

Associated Press · 1d

Wall Street cierra en alturas récord luego que la Fed redujo las tasas de interés

Los índices de la Bolsa de Valores de Nueva York cerraron en alturas récord el jueves, mientras el júbilo algo demorado permeaba los mercados del mundo luego que la Reserva Federal de Estados Unidos redujo su tasa de interés clave.

ABC · 1d

Wall Street jumps to record highs as global markets cheer Fed rate cut

Wall Street jumps to record highs as global markets cheer Fed rate cut.

FedEx, Nike, Trump Media, Mercedes-Benz

Barron's on MSN · 16m

These Stocks Are Moving the Most Today: FedEx, Nike, Trump Media, Lennar, Constellation Energy, and More

Stocks were mostly lower Friday, a day after both 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 14% after the shipping and logistics company reported fiscal first-quarter adjusted earnings that widely missed Wall Street estimates amid a slump in demand,

Wall Street Journal · 11h

Stocks to Watch Friday: FedEx, Nike, Trump Media, Mercedes-Benz

Nike shares climbed 6% in premarket trading. The sportwear company said Thursday that John Donahoe would retire as chief executive next month, [capping a five-year tenure](

Investopedia on MSN · 3h

Top Stock Movers Now: FedEx, Nike, Constellation Energy, and More

Key Takeaways The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal Reserve's rate cut.FedEx shares fell after the package delivery firm missed profit and sales estimates and cut its outlook.

FedEx Stock Falls

YAHOO!Finance · 5h

Fedex stock plummets after earnings miss, lower outlook flashes warning on economy

The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 versus its prior range of $20 to $22. That sent shares tumbling nearly 15%.

Forbes · 8h

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, and $4.90, respectively.

Wall Street Journal · 12h

FedEx Stock Sinks After Company Cuts Outlook

Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also posted lower quarterly profit and revenue. Weaker-than-expected demand, particularly in the U.

FedEx, Q1

The Motley Fool · 22h

FedEx Reports Flat Q1 Revenue, Lower EPS

FedEx came up short on top and bottom lines, and guidance revisions suggest there is more bad news to come in fiscal 2025.

Business Insider · 1d

FedEx Corporation Bottom Line Declines In Q1

FedEx Corporation (FDX) revealed a profit for first quarter that decreased from last year The company's bottom line came in at $1.47

Houston Chronicle · 1d

FedEx: Fiscal Q1 Earnings Snapshot

The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $4.82 per share. The package delivery company posted revenue of $21.58 billion in the period, which also did not meet Street forecasts.

OCSO: One arrested after firing shots into an occupied FedEx delivery truck

The Okaloosa County Sheriff’s Office has arrested a man after firing shots into an occupied FedEx delivery truck in Cinco ...

Challenging Quarter Show That FedEx's Complex Restructuring Got Messy

On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...

9hon MSN

FedEx sends a shiver throughout the transportation and logistics sectors with soft guidance

FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.

11hon MSN

FedEx Shares Tumble Amid Weak Demand for Priority Deliveries

(Reuters) - FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp ...

FedEx Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...

5hon MSN

FedEx earnings miss could signal a slowing economy

FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...

16h

FedEx quarterly profit disappoints as demand for speedy delivery wanes

FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...

8hon MSN

Economic bellwether FedEx blames poor Q1 on darkening outlook for manufacturers

FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.

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