FedEx’s much-awaited Freight spin-off is finally here, but can newly listed FDXF become the next premium trucking giant?
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Anthropic, maker of the chatbot Claude, said Monday that it had filed confidential paperwork with federal regulators in preparation for selling its stock to the public. The company is expected to be one of three trillion-dollar debuts on the stock market this year, along with Elon Musk’s rocket and AI venture SpaceX and OpenAI, maker of ChatGPT. SpaceX filed to go public in April and OpenAI is expected to do so soon. (The Washington Post has a content partnership with OpenAI.)Subscribe to The Po
After two years of testing, “the technology is there,” says CEO John Smith. Now the ball is in the regulators’ court.
(Bloomberg) -- A data center tied to CoreWeave Inc. is set to get funding from a $850 million junk-bond sale by Elk Grove Village Property LLC, which joins a wave of high-yield issuers tapping debt markets to fund artificial intelligence infrastructure.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectRussia Finance Officials Tell Putin
Alphabet is seeking federal approval to release up to 32 million treated mosquitoes across California and Florida to curb the spread of mosquito-borne diseases. Here’s why — and what to consider.
(Bloomberg) -- McDonald’s Corp. is betting on everything from fancier chicken to new playgrounds as part of a campaign to make fast food feel less like fast food.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectRussia Finance Officials Tell Putin War Spending Is UnaffordableStocks Up as Trump Cites Rapid Pace in Iran Talks: Markets Wra
Investing.com -- Citi has turned bullish on copper after several months of a broadly neutral stance, raising its near-term price forecast to $14,500 per metric ton and targeting $15,000 per ton within the next six to twelve months, driven by U.S. tariff tailwinds, tighter supply and resilient demand from energy transition and AI infrastructure.
The separation creates an independent less-than-truckload carrier focused on North America.
The European stock markets were lower in Monday trading while oil prices soared as fighting in the M
A 60-year-old with $5 million in retirement assets peels off $1 million for 30-year Treasury Inflation-Protected Securities and lets the remaining $4 million chase growth. The host of the Retire SMART Podcast walked through exactly this allocation on Ep. 419, “Bond vs Bond Fund,” arguing that individual TIPS can carry the income side of a ... I’m 60 with $5 million for retirement: should I lock $1 million in 30-year TIPS for guaranteed income?
Instead, FedEx’s spinoff—FedEx Freight trades under the symbol FDXF—is complete. FedEx was at $333 in late-morning trading, down about 1% from its Friday close north of $411. FedEx Freight shares were trading for $164, up about 2.5% from its late Friday price of about $160.
The nation’s largest less-than-truckload carrier, FedEx Freight, began trading as a standalone company on Monday. The post FedEx Freight embarks on journey as standalone LTL carrier appeared first on FreightWaves.
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Rising inflation and the Iran war are complicating the fixed-income picture. These ETFs provide varying degrees of interest rate and credit exposure risk depending on how far you want to reach for yield.
FedEx is investing $54 million to add capacity at its Netherlands trucking hub to keep up with growing transport demand in Europe and enable easier connections to its air cargo network. The post FedEx trucking hub expansion in Netherlands aids new air cargo strategy appeared first on FreightWaves.
FedEx completes spinoff of its FedEx Freight business. Shares join the S&P 500, Dow Jones Transportation indexes. FDX stock upgraded.
As part of the project, the logistics giant is offering one-to-three day service options for manufacturers amid nearshoring and tariff-driven supply chain shifts.
FedEx Corp. (NYSE:FDX) traded modestly higher on Monday after finalizing the separation of its freight division, creating a new standalone publicly listed company, FedEx Freight Holding Company, Inc.
The LTL carrier begins its new chapter since its spinoff was announced in December 2024.
Although the bull case has rarely sounded louder, with one-year gains running hot and the index pressing new highs, Wall Street has a long memory, and that memory is not kind to stretched valuations that meet an inflation regime. The benchmark S&P 500 sits at $745.64 on the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) proxy ... The S&P 500 Lost 40% in Real Terms from 1968 to 1982. History Says It Could Happen Again.
Canada’s Nisga’a Nation isn’t known as a big energy player, but the Indigenous government is backing a project to export LNG from British Columbia overseas. The project would have been a pipe dream a few years ago under Prime Minister Justin Trudeau. Prime Minister Mark Carney is greasing the wheels to get exports flowing beyond America, partly out of necessity due to President Donald Trump’s trade war.
Pfizer could attract investors if Warsh's "regime change" at the Fed leads to market turbulence.
The Fed's latest inflation update is potentially dire news for a historically expensive stock market.
Broadcom is set to be the final semiconductor giant to report earnings for the quarter, as a historic rally in chipmaker stocks shows little signs of abating. Investors will also watch Friday’s jobs report—one of the first major economic indicators that will inform the Federal Reserve under its new chairman, Kevin Warsh.
Under Trump, the federal government has used CHIPS Act funds to buy stakes in a number of tech companies.
New Federal Reserve Chair Kevin Warsh's plans for the Fed's balance sheet could quietly push borrowing costs higher.
Asking for a Trend Host Josh Lipton previews several of the biggest stories to come for the week of June 1, including fresh labor market data and quarterly results from consumer, retail, and AI sectors.
Economic releases this week will spotlight employment—in both the JOLTS and the jobs report—and business purchasing activity. Palo Alto, Dollar General, and Lululemon will close out this earnings season.
Markets face a big week focused almost entirely on labor market assessment as comprehensive employment data builds toward Friday's May jobs report at 8:30am that will provide crucial insights into whether the labor market is stabilizing or continuing to deteriorate.
The host of Reuters Morning Bid opened the week with a framing that might make investors pause. The current macro environment looks calmer on the surface than the underlying conditions actually warrant, and June is when that gap may close. Two pressures are converging at the same time: energy reserves are depleting due to the ... June Labeled ‘Crunch Point’ as Energy Reserves Burn Through and Rate Hikes Loom