Today: 20 March 2026
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NASDAQ:SPNS 14 August 2025 - 17 August 2025

Global Business Weekend: Record Highs, AI Shake-ups, Oil Bears & Major Deals

Global Business Weekend: Record Highs, AI Shake-ups, Oil Bears & Major Deals

The Dow Jones Industrial Average hit a record intraday high, surpassing its December peak, as UnitedHealth shares jumped 9.5% after Berkshire Hathaway disclosed a stake. Nvidia’s market value reached $4 trillion. Apple announced an additional $100 billion investment in U.S. projects. Meta Platforms reorganized its AI teams and secured $29 billion in financing for data centers.
AI Stock Frenzy: Market Highs, Bold Deals, and Big Surprises Rock Markets (Aug 13–14, 2025)

AI Stock Frenzy: Market Highs, Bold Deals, and Big Surprises Rock Markets (Aug 13–14, 2025)

The S&P 500 and Nasdaq closed at record highs on Aug. 13, while the Dow rose over 400 points. Google raised 2025 capital spending to $85 billion and will invest $9 billion in Oklahoma. Nvidia and AMD reached a deal with Washington to resume AI chip sales to China, sharing 15% of revenue with the U.S. government. Apple shares gained 1.6% on reports of new AI hardware projects.

Stock Market Today

  • FedEx Q3 Earnings Beat Estimates with $5.25 EPS on $24 Billion Revenue
    March 19, 2026, 7:00 PM EDT. FedEx reported third-quarter earnings of $5.25 per share, beating the Zacks Consensus Estimate of $4.14, marking a 26.81% earnings surprise. The package delivery giant's revenue rose to $24 billion, surpassing estimates by 1.75% and up from $22.16 billion a year ago. Shares have gained 21.1% year-to-date, outperforming the S&P 500's 3.2% decline. FedEx holds a Zacks Rank #3 (Hold) with mixed earnings estimate revisions ahead. The company's near-term stock performance will depend on management's commentary and future earnings trends in the Transportation - Air Freight and Cargo sector, currently ranked in the top 37% of Zacks industries.
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