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FedEx Q4 earnings, Micron's AI memory results, and May PCE inflation data are the three events set to move markets this week.

Paychex, Trip.com, and McCormick will also report earnings. Economic date this week include the Fed’s preferred inflation gauge and new-home sales.

Thursday delivers an economic data convergence with Q1 GDP revision, May Core PCE, durable goods orders, and initial jobless claims all at 8:30am, providing comprehensive economic assessment. The week features critical semiconductor earnings from Micron (MU) Wednesday and FedEx (FDX) Tuesday testing chip demand and logistics health.

The stock market works to build on a rebound from support as Micron Technology and FedEx report and the S&P indexes rebalance.

CEO Raj Subramaniam has broken down the delivery company’s business silos and elevated its stock price.

FedEx Corporation will release earnings for its fourth quarter after the closing bell on Tuesday, June 23. Analysts expect the company to report quarterly earnings of $5.92 per share, down from $6.07 per share in the year-ago period. The consensus...

Shippers’ exports will face higher fuel fee percentages, while imports will see lower rates once the adjustment takes place June 22.

FedEx is showing an IV Percentile of 87% in advance of their earnings announcement on June 23rd. Assuming we have a bearish outlook on FDX stock, we can run the Barchart’s Bear Call Spread Screener and find the following results:

The partnership with China Southern Air Logistics could make Guangzhou a key connection for U.S. shipments to Southeast Asia, Cirrus Global Advisors founder Derek Lossing said.

FedEx says it has significantly reduced cargo backlogs at its warehouses in Vietnam after a messy switch to a new ground delivery partner and new technology system. The post FedEx slowly recovers from operational meltdown in Vietnam appeared first on FreightWaves.

Old Dominion, Saia, and XPO each fell 5% or more after Amazon opened its less-than-truckload service to all U.S. businesses

(Bloomberg) -- Shares of several large trucking companies plunged on Wednesday after Amazon.com Inc. announced an expansion of its shipping service that has already shaken the transportation and logistics sector and unsettled investors.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopter Downed, Testing Peace TalksStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets W

FedEx pilots have finally approved a collective bargaining agreement after years of labor unrest. The post FedEx pilots approve new contract, ending protracted bargaining appeared first on FreightWaves.

FedEx and China Southern Cargo promise to work together on finding joint cargo efficiencies. The post FedEx, China Southern Airlines to explore cargo cooperation appeared first on FreightWaves.

Find insight on FedEx Freight, Volvo and more in the latest Market Talks covering Auto and Transport.

Check out our earnings calendar for this week, as well as our previews and recaps of the more noteworthy reports.

Investors are slamming the brakes on the AI rally, dragging down shares in Broadcom, AMD, and Nvidia.

As parcel carriers like SpeedX and Veho deploy in-house AI tools, experts say the technology could help upstarts close the gap with FedEx and UPS.

A FedEx air cargo contractor says it wants to use bigger aircraft on Caribbean routes, but that FAA rules governing how far the planes can fly over water jeopardize continued service. The post FedEx partner airline says Caribbean service at risk without FAA waiver appeared first on FreightWaves.

FedEx is expected to announce its sixth consecutive dividend hike with Q4 results scheduled on 23 June.

FedEx's strategic spinoff of its freight division positions the leaner express company to drive significant margin expansion and higher investment returns.

Jim Cramer says newly public FedEx Freight could become a “true winner” as Wall Street bets the trucking giant’s spinoff from FedEx will finally unlock the premium valuation.

FedEx (FDX) is poised to report fiscal Q4 earnings before interest and taxes, and earnings per share

By Satish Jindel On Monday, FedEx Corp. spun-off its Freight division. What is left is the combined network of FedEx Express and FedEx Ground. It’s an opportune time to remember that FedEx (NYSE: FDX) would be a distant third-place parcel carrier in the U.S. market without the acquisition of RPS as part of the $2.4 […] The post Commentary: Why RPS is the most successful transportation startup ever appeared first on FreightWaves.

FedEx Freight was spun off from FedEx to operate independently.

Investing.com -- Truist Securities initiated coverage of FedEx Freight Holding Company (FDXF) with a Hold rating and a $155 price target in a note on Tuesday following the company's completed spin-off from FedEx Corporation (FDX).

FedEx Freight began trading as an independent company this week, but analysts say stronger margins and operating performance are needed before they become more bullish on the stock.

FedEx’s much-awaited Freight spin-off is finally here, but can newly listed FDXF become the next premium trucking giant?

After two years of testing, “the technology is there,” says CEO John Smith. Now the ball is in the regulators’ court.

The separation creates an independent less-than-truckload carrier focused on North America.