Today: 29 June 2026
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NYSE:FDX 11 February 2026 - 25 June 2026

Nasdaq Futures Drop Ahead of Open as Debt Concerns Hit AI Stocks

Nasdaq futures edge up as AI chip stocks try to recover ahead of PCE data

Micron Technology soared 17% premarket after reporting June 24 revenue of $41.46 billion, up from $9.30 billion a year earlier, and announcing $22 billion in five-year take-or-pay customer commitments, signaling unprecedented demand for AI memory chips and driving Nasdaq 100 futures up 2.15%.
Nasdaq edges lower in after-hours as AI chip fall spurs margin chatter

US stocks open higher with Micron earnings in focus, traders eye Fed

Micron’s post-close earnings report is the market’s next big test, with analysts expecting over 1,000% profit growth and 285% revenue growth after the stock soared 740% in a year to $1.2 trillion; a weak forecast could break the rally, especially as rate-hike bets, Thursday’s PCE inflation data, and U.S.-Iran uncertainty keep risks high.
Industrials trade ahead of S&P 500 as FedEx, inflation data in focus

FedEx shares fall as 2026 outlook rests on pricing, Freight move

FedEx stock plunged over 7% premarket after a quarterly earnings beat, as investors worried about margin pressure and a 2026 profit outlook driven by price hikes, not volume growth; operating margin fell to 7.7% from 8.4% despite revenue gains, and the recent Freight spin-off complicates comparisons until recast financials arrive in August.
24 June 2026
American Airlines Faces Monday Moves on Fuel and Dow Exit

American Airlines Faces Monday Moves on Fuel and Dow Exit

American Airlines dropped 3 cents to $14.64 premarket as it exited the Dow Jones Transportation Average, replaced by FedEx Freight after its spinoff. JetBlue raised its Q2 fuel cost forecast, citing Strait of Hormuz disruptions, with jet fuel near $142 a barrel. American faces $4–$5 billion extra fuel costs this year but kept its 2026 outlook. CEO Isom sees Q2 revenue up 15% and capacity up 5%.
American Airlines Faces New Index Setback at the Open

American Airlines Faces New Index Setback at the Open

FedEx Freight will replace American Airlines in the Dow Jones Transportation Average before the market opens June 1, S&P Dow Jones Indices said Wednesday. American Airlines shares closed at $14.92, up 0.5%, trailing gains by United, Delta, and Southwest. CEO Robert Isom said the company will keep its lowered 2026 profit target despite higher fuel costs. American expects second-quarter revenue up 15% with 5% more capacity.
FedEx Freight Brings Back Arkansas Driver Training As It Preps For Spinoff

FedEx Freight Brings Back Arkansas Driver Training As It Preps For Spinoff

FedEx Freight donated two tractors and two 48-foot trailers to North Arkansas College, enabling the school to restart its commercial driver’s license training after an 18-month pause. The move comes days before FedEx Freight’s spinoff from FedEx Corp. and NYSE debut as FDXF on June 1. College officials say the equipment will expand hands-on training capacity this fall. FedEx Freight faces rising costs and mixed demand outlook.
UPS Stock Hit as Amazon Opens Logistics Network in Direct Challenge to Parcel Giant

UPS Stock Hit as Amazon Opens Logistics Network in Direct Challenge to Parcel Giant

UPS shares fell 10.5% to $96.31 after Amazon opened its logistics network to outside businesses, intensifying competition in parcel delivery and freight. FedEx shares dropped 9.1%. Amazon’s new service already counts Procter & Gamble and 3M as users. UPS is cutting Amazon-related volume and shifting focus to higher-margin business shipments.
FedEx Stock Tumbles As Amazon Opens Its Logistics Network to All Businesses

FedEx Stock Tumbles As Amazon Opens Its Logistics Network to All Businesses

FedEx shares dropped about 9% Monday after Amazon launched Amazon Supply Chain Services, opening its logistics network to outside businesses. UPS stock also fell nearly 10%, while Amazon rose 1%. The selloff comes weeks before FedEx’s planned June 1 spinoff of its freight unit. Amazon’s new service offers freight, warehousing, and shipping to companies including Procter & Gamble and 3M.
UPS Customers Are Waiting on Tariff Refunds. Congress Wants Answers Now

UPS Customers Are Waiting on Tariff Refunds. Congress Wants Answers Now

House Democrats have asked UPS CEO Carol Tomé to explain how tariff refunds from the U.S. government will reach customers, following a Supreme Court ruling that invalidated certain tariffs. UPS says it will seek refunds as importer of record and reimburse customers once funds are received, but has not disclosed the amount. Lawmakers want written answers by May 22. FedEx and DHL face similar questions.
US Stock Market This Week: S&P 500 Hits Six-Month Low as Oil Shock Knocks Out Rate-Cut Hopes

US Stock Market This Week: S&P 500 Hits Six-Month Low as Oil Shock Knocks Out Rate-Cut Hopes

The S&P 500 closed at 6,506.48 on Friday, its lowest since September, dropping 1.9% for the week. Nasdaq and Dow each lost just over 2%. Investors pulled back on hopes for near-term Fed rate cuts as oil prices rose and the 10-year Treasury yield hit 4.38%. Nvidia and Tesla fell over 3%, while FedEx rose after raising its outlook.
USPS Warns It May Not Deliver Mail Next Year Unless Congress Acts on Cash Crisis

USPS Warns It May Not Deliver Mail Next Year Unless Congress Acts on Cash Crisis

The U.S. Postal Service warned Congress it could run out of cash by November 2026 without more borrowing authority, higher stamp prices, or changes to financial rules. USPS reported a $9 billion loss for fiscal 2025 and said first-class mail volume has dropped by nearly half since 2006. Postmaster General David Steiner said 71% of delivery routes do not cover costs. Lawmakers remain divided on service cuts and price hikes.
21 March 2026
Stock Market Today: Dow, S&P 500, Nasdaq Tumble as Iran Conflict Sends Oil to 2022 High and Erases Fed Cut Hopes

Stock Market Today: Dow, S&P 500, Nasdaq Tumble as Iran Conflict Sends Oil to 2022 High and Erases Fed Cut Hopes

Wall Street fell sharply Friday as Iran-related turmoil sent Brent crude to $112.19 a barrel, its highest since July 2022. The S&P 500 lost 1.49%, the Nasdaq dropped 1.98%, and the Dow slipped 0.92%. Bond yields climbed, with the 10-year Treasury near 4.39%. Tech stocks led losses, while energy shares rose for a 13th straight week.
FedEx Stock Price Jumps After Earnings Beat, Outlook Raise as Wall Street Falls

FedEx Stock Price Jumps After Earnings Beat, Outlook Raise as Wall Street Falls

FedEx shares climbed 1.5% to $361.56 Friday after the company raised its full-year profit forecast and reported adjusted quarterly earnings of $5.25 a share, up from $4.51 a year earlier. Revenue rose to $24.0 billion. FedEx cited strong Express unit performance and said early March shipping demand held steady despite higher fuel costs. UPS shares slipped 0.03% as major indexes fell for a fourth straight week.
Dow Jones Index Today: Dow Falls 210 Points as Oil Shock Revives Fed Fears

Dow Jones Index Today: Dow Falls 210 Points as Oil Shock Revives Fed Fears

The Dow fell 210 points to 45,811 at midday Friday, set for a fourth weekly loss as the U.S.-Israel-Iran war and surging oil prices rattled markets. Brent crude traded near $109, U.S. crude at $97, and the 10-year Treasury yield hit 4.37%. Fed officials signaled no imminent rate cut. U.S. equity funds saw $24.78 billion in outflows for the week ending March 18.
FedEx stock rises as investors digest $9.2 billion InPost buyout plan

FedEx stock rises as investors digest $9.2 billion InPost buyout plan

FedEx shares rose 0.8% Wednesday after the company disclosed a $2.6 billion stake in a consortium bid to acquire European parcel locker operator InPost. FedEx would hold 37% of the group if the deal closes, funding its share with cash or new financing. The offer requires at least 80% shareholder acceptance and regulatory approval. Investors await more details in FedEx’s March earnings update.
11 February 2026

Stock Market Today

  • Australian Shares Rise as U.S. Futures Gain, China Reports Strong Industrial Profits
    June 28, 2026, 9:58 PM EDT. Australian shares nudged higher by 0.2% to 8,778 points in early Monday trade, buoyed by gains in U.S. futures following a U.S.-Iran agreement to pause hostilities ahead of peace talks. China, Australia's top trading partner, reported an 18.8% year-over-year surge in industrial profits for January-May, driven by an AI investment boom and policy backing. Despite this, investors remain cautious ahead of China's Purchasing Managers' Index (PMI) data and the Reserve Bank of Australia's June meeting minutes, amid concerns about potential hawkish monetary policy due to strong employment numbers. Gains were led by commercial services, consumer services, and healthcare sectors, with Xero Ltd up 4.6% and REA Group rising 2.3%. Two of the four major banks also recorded modest increases.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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