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FedEx’s stock rallies 14% as logistics company sees ongoing ‘momentum’

FedEx Corp. late Tuesday reported a quarterly profit above expectations and called for revenue growth for its upcoming fiscal year, sending the stock 14% higher in the after-hours session.

Nvidia’s stock selloff inspired retail investors to buy the dip

The megacap tech stock entered correction territory this week — and individual investors took advantage of the discount.

White House adviser says Biden isn’t ‘permanently screwed’ by inflation anger. Here’s why.

A top economic adviser to President Joe Biden said that he expects American voters to become less concerned over the high cost of living over time if policymakers can keep the inflation rate under control.

Growth stocks are trouncing value stocks in 2024, even in struggling small-cap universe

The small-cap focused Russell 2000 index is trading well below its record high in 2021.

Nvidia’s rebound from its correction only makes the stock more dangerous to buy

Semiconductor stocks are bubbling and could lose 40% of their value.

New-car sales expected to be up slightly in June, even as interest rates and prices remain high

June new-car sales are expected to come in slightly higher than May sales, wrapping up a first half of the year that is also forecast to be a bit better than a year ago, even as high interest rates and car prices continue to keep some buyers sidelined.

Here’s how much profit McDonald’s makes on its new $5 meal

The margins are tight, but there’s still a profit to be made on the offer, according to restaurant-industry experts

‘Freefall’? ‘Staggering losses’? Trump is doing a lot better right now than you might think.

If you’ve been casually following the news lately, you might think Donald Trump has suffered massive financial losses on the stock market since his recent criminal conviction, and that the presidential race is now neck and neck.

Broadcom on track to lose a Boeing’s worth of market cap amid five-session slide

Broadcom’s furious stock rally has cooled in recent days, such that the company could shed more than $100 billion in market cap across its current five-session losing streak.

Here’s where bond yields are beating inflation

Inflation is sticky, but these bond yields are eclipsing it.

Trump and Biden need to level with us in their presidential debate. Start with taxes, tariffs and immigration.

Wanted: an honest talk with Americans about social services, retirement and how much in taxes we’re prepared to pay.

People aren’t spending on swimming pools right now, an industry-leading company warns

The stocks of companies that make swimming pools and related equipment were sharply lower Tuesday, after industry leader Pool Corp. issued a profit warning for 2024 amid weak demand for new pools.
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