FedEx, Tapestry, Celestica and Vertiv stand out for strong interest coverage ratios as investors seek financially stable stocks.
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FedEx, Tapestry, Celestica and Vertiv stand out for strong interest coverage ratios as investors seek financially stable stocks.
(Bloomberg) -- The Trump administration has begun paying out refunds for the $166 billion in global tariffs that the US Supreme Court declared unlawful earlier this year.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogTra
Transport ETFs are lagging as fuel costs rise and Amazon disrupts logistics, while tech and airline-linked ETFs show relative strength.
In early May 2026, Amazon launched Amazon Supply Chain Services, opening its freight, distribution, fulfillment, and parcel delivery network to external businesses across sectors including healthcare, automotive, manufacturing, and retail, with early customers such as Procter & Gamble, 3M, Lands’ End, and American Eagle Outfitters. This move extends logistics capabilities first built for Amazon’s own operations into a standalone third-party offering, directly challenging incumbents like UPS...
The Iran war is impacting FedEx operations in Dubai, which wants U.S. permission to pause flights there from Hong Kong so it doesn’t lose the right to fly that route. The post FedEx wins war waiver for Dubai cargo route appeared first on FreightWaves.
Geopolitical risks linger, but FDX, TPR, CLS and VRT stand out for strong interest coverage ratios, signaling debt-paying strength.
ServiceNow (NYSE:NOW) used its Knowledge 2026 event to introduce major AI platform advances, including autonomous agents and an upgraded AI Control Tower for enterprise governance. The company launched ServiceNow Otto, a unified conversational AI and workflow automation experience intended to sit across the enterprise. New and expanded partnerships were announced with NVIDIA, Microsoft, Lenovo, and FedEx, focused on desktop AI agents, cross cloud governance, device lifecycle automation, and...