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Mark Zandi Says Top 20% Of Americans Now Account For Nearly 60% Of Spending As Bottom 80% Fall Behind Inflation
Benzinga47d agobearish
Mark Zandi Says Top 20% Of Americans Now Account For Nearly 60% Of Spending As Bottom 80% Fall Behind Inflation

Moody’s Analytics chief economist Mark Zandi has warned that America’s stark economic divergence remains “firmly intact,” as newly updated data reveal a bruising financial reality in which the bottom 80% of earners are losing the battle against inflation, while top earners dominate national consumption. The Spending Divide Deepens According to Zandi’s updated estimates, households in the top 20% of the income distribution—defined as those earning over $175k annually—now account for an “astoundin

FedEx boost revenue behind premium parcel, freight volumes
FreightWaves47d agoneutral
FedEx boost revenue behind premium parcel, freight volumes

FedEx reported strong quarterly results, driven by growth in package volumes and yields as the company focuses on high-margin logistics business. The post FedEx boost revenue behind premium parcel, freight volumes appeared first on FreightWaves.

FedEx (FDX) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks47d agoneutral
FedEx (FDX) Reports Q4 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for FedEx (FDX) give a sense of how the business performed in the quarter ended May 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Costco makes moves amid shaky economy
TheStreet47d agoneutral
Costco makes moves amid shaky economy

Costco Wholesale keeps proving its critics wrong. While tariff fears, rising gas prices, and a shaky global economy have rattled many retailers, the warehouse giant keeps delivering. Its latest earnings report and monthly sales update paint a picture of a company gaining ground. And ...

Is Rigetti (RGTI) Becoming a Strategic Pillar of U.S. Quantum and AI Security Policy?
Simply Wall St.47d agoneutral
Is Rigetti (RGTI) Becoming a Strategic Pillar of U.S. Quantum and AI Security Policy?

In recent days, Rigetti Computing secured up to US$100 million in milestone-based CHIPS Act funding and gained fresh policy support from new U.S. executive orders prioritizing quantum technology and post-quantum cryptography. This combination of non-debt federal capital and explicit government backing for superconducting quantum systems highlights Rigetti’s growing role in critical national AI and security infrastructure. We’ll now examine how this CHIPS Act funding and policy support could...

How Investors May Respond To Bank of America (BAC) Projecting Three Fed Rate Hikes Starting September
Simply Wall St.47d agoneutral
How Investors May Respond To Bank of America (BAC) Projecting Three Fed Rate Hikes Starting September

Earlier this month, Bank of America revised its outlook for Federal Reserve policy, now expecting three quarter-point rate hikes starting in September amid persistent inflation and a resilient labor market. This shift in the bank’s Fed view matters because higher-for-longer policy rates can reshape funding costs, loan demand, and profitability assumptions across the financial sector. Next, we’ll examine how Bank of America’s more hawkish Fed forecast could reshape its investment narrative...

Wall Street Is Fixated on 4.2% Inflation: Here Is the 1 Unstoppable AI Kingpin I Keep Accumulating on Repeat
24/7 Wall St.47d agoneutral
Wall Street Is Fixated on 4.2% Inflation: Here Is the 1 Unstoppable AI Kingpin I Keep Accumulating on Repeat

I keep buying ASML (NASDAQ:ASML), and every time Wall Street has a fresh panic attack about 4.2% inflation, I find another reason to hit the button again. The macro crowd is staring at the wrong screen. I am staring at a Dutch lithography company that generates substantial cash because it builds the machines that make ... Wall Street Is Fixated on 4.2% Inflation: Here Is the 1 Unstoppable AI Kingpin I Keep Accumulating on Repeat

FedEx Earnings Beat Expectations. The Stock Is Falling Anyway.
Barrons.com47d agoneutral
FedEx Earnings Beat Expectations. The Stock Is Falling Anyway.

Shares of shipper FedEx fell after the company beat expectations for fourth quarter earnings and revenue and sees continued profit growth this year. Shares fell 4.4% in after hours trading to $303.29. FedEx reported fourth quarter revenue of $25 billion and adjusted earnings of $6.21 a share.

FedEx shares drop on weak profit forecast as Q4 results top estimates
Proactive47d agobearish
FedEx shares drop on weak profit forecast as Q4 results top estimates

FedEx Corp (NYSE:FDX, XETRA:FDX) shares fell nearly 5% in after-hours trading on Tuesday after the package delivery company issued fiscal 2027 earnings guidance that came in below Wall Street expectations, overshadowing stronger-than-expected fourth quarter results. FedEx projected fiscal...

FedEx tops Q4 earnings estimates, stock drops
Yahoo Finance Video47d agobearishVIDEO
FedEx tops Q4 earnings estimates, stock drops

International courier service FedEx (FDX) topped fiscal fourth quarter estimates on adjusted earnings ($6.31 per share vs. expectations of $5.97). The stock is dropping in Tuesday's after-hours trading. Market Domination Overtime Anchor Josh Lipton takes a closer look at FedEx's earnings release.

FedEx Revenue Rises on Growth in Package Yields, Volume
The Wall Street Journal47d agoneutral
FedEx Revenue Rises on Growth in Package Yields, Volume

Chief Executive Raj Subramaniam said FedEx’s growth strategy is working, and with the spinoff of its freight division, the company is positioned to further optimize its network and lower costs.

FedEx’s (NYSE:FDX) Q2 CY2026 Sales Beat Estimates
StockStory47d agobullish
FedEx’s (NYSE:FDX) Q2 CY2026 Sales Beat Estimates

Parcel and cargo delivery company FedEx (NYSE:FDX) announced better-than-expected revenue in Q2 CY2026, with sales up 12.5% year on year to $25.01 billion. Its non-GAAP profit of $6.31 per share was 6.6% above analysts’ consensus estimates.

If the Fed Cuts Again, IEFA Could Rally Further. Here’s Your Monitoring Checklist.
24/7 Wall St.47d agoneutral
If the Fed Cuts Again, IEFA Could Rally Further. Here’s Your Monitoring Checklist.

The iShares Core MSCI EAFE ETF (NYSEARCA:IEFA) has quietly become one of the best-performing core holdings in U.S. investor portfolios this year, climbing roughly 10.5% year to date and roughly 24% over the past 12 months to around $97. With 7 basis points in fees and roughly 2,500 developed-market holdings across Europe, Japan, and Australia, ... If the Fed Cuts Again, IEFA Could Rally Further. Here’s Your Monitoring Checklist.

IonQ (IONQ) Lands In Trump Quantum Orders With 2028 Federal Security Deadline
Simply Wall St.47d agoneutral
IonQ (IONQ) Lands In Trump Quantum Orders With 2028 Federal Security Deadline

President Trump has signed two executive orders setting national priorities for rapid quantum computing development and a transition to post quantum cryptography by 2028. The orders establish federal deadlines for building a functional scientific quantum computer and accelerating government encryption migration. IonQ (NYSE:IONQ) is explicitly cited as a key technology partner positioned for potential federal funding, expanded partnerships, and workforce programs. The policy shift highlights...

Why Tesla (TSLA) Shares Are Trading Lower Today
StockStory47d agoneutral
Why Tesla (TSLA) Shares Are Trading Lower Today

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 4.8% in the morning session after sentiment weakened following a fresh federal safety probe into its driver-assistance software as the broad tech/AI selloff continued to weigh on the Magnificent Seven.

Baidu’s (BIDU) Apollo Go Partners With PostBus to Launch Autonomous Driving Trials in Switzerland
Insider Monkey47d agoneutral
Baidu’s (BIDU) Apollo Go Partners With PostBus to Launch Autonomous Driving Trials in Switzerland

Baidu Inc. (NASDAQ:BIDU) is one of the most promising stocks with highest upside potential. On June 12, Baidu’s autonomous ride-hailing service, Apollo Go, reached a significant European milestone with its “AmiGo” partnership in Switzerland. AmiGo, a JV with Swiss Post’s PostBus, has received a Level 4 regulatory permit from the Federal Roads Office/FEDRO to conduct […]

Wall Street Drags S&P 500 Targets Higher, Warning the Rally Is Riskier Than Ever
Barrons.com47d agobullish
Wall Street Drags S&P 500 Targets Higher, Warning the Rally Is Riskier Than Ever

Two of the biggest U.S. investment banks see increasing risks tied to Federal Reserve rate forecasts, an uneasy peace agreement between the U.S. and Iran, and questions over the fate of the artificial intelligence investment wave—but remain bullish. Markets will tangle with resurgent inflation, AI capital expenditure concerns and a hawkish Fed over the next six months, the team said, but its broader earnings thesis is still likely to take the to around 7800 points by the end of the year.

Wall Street Is Fixated on the Wrong Numbers: Why This Trillion-Dollar Cash Machine Is a No-Brainer Buy Right Now
24/7 Wall St.47d agobullish
Wall Street Is Fixated on the Wrong Numbers: Why This Trillion-Dollar Cash Machine Is a No-Brainer Buy Right Now

Amazon (NASDAQ:AMZN) is a stock worth owning for the next two decades because three high-margin engines, AWS, advertising, and Prime subscriptions, now compound on top of a retail base that has finally turned profitable. Amazon is an infrastructure-grade holding built to outlast tariff headlines, quarterly free cash flow noise, and even its owner. Pillar One: ... Wall Street Is Fixated on the Wrong Numbers: Why This Trillion-Dollar Cash Machine Is a No-Brainer Buy Right Now

Here Is the 1 Dirt-Cheap Super-App Monopoly I Keep Accumulating on Repeat
24/7 Wall St.47d agoneutral
Here Is the 1 Dirt-Cheap Super-App Monopoly I Keep Accumulating on Repeat

I keep hitting the buy button on Grab (NASDAQ:GRAB) and I am not done. While Wall Street obsesses over June tech prices and broader indices wobble on inflation worries, I am quietly adding shares of a Southeast Asian super-app that, in my view, is being mispriced as a volatile penny stock when the underlying business ... Here Is the 1 Dirt-Cheap Super-App Monopoly I Keep Accumulating on Repeat

Nike CEO Elliott Hill Admits Turnaround Is Taking Longer Than Expected: 'We Still Have Work To Do'
Benzinga47d agoneutral
Nike CEO Elliott Hill Admits Turnaround Is Taking Longer Than Expected: 'We Still Have Work To Do'

Nike Inc. CEO Elliott Hill admitted that the company’s restructuring process is not progressing as swiftly as initially planned. Hill attributed the delay to the magnitude of Nike’s challenges, amplified by U.S. tariffs and increasing oil prices that have affected consumer spending. “What I didn’t realize until I got in is the amount of work that needed to be done and the amount of time [it would take] to get us to where we are and, more importantly, where we want to go,” Hill told in an intervi