The Latest Breaking News from FedEx

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…

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

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

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.

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.

 

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.

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.

A new study suggests that. yes, there are superdodgers. But explaining why they've been able to avoid the virus is a bit complicated.