
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.
FedEx Corporation (FDX) surged over +13% in pre-market trading after the shipping giant posted upbeat Q4 results, provided strong full-year adjusted EPS guidance, and said it would buy back $2.5 billion of its stock over the next year.