The Latest Breaking News from FedEx

An environmental pressure group denounced Wednesday the rising emissions of the air freight industry, which has been boosted by global supply chain difficulties and rising online commerce.

Stock Market Today: The Dow Jones dropped Wednesday after key housing data. Rivian soared 30% on a $5 billion Volkswagen investment.

September S&P 500 E-Mini futures (ESU24) are up +0.23%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.38% this morning as investors cheered forecast-beating quarterly results and profit forecast from global economic bellwether FedEx, while also awaiting an earnings report from memory chipmaker Micron Technology.

Futures were mixed Wednesday, but Tesla rival Rivian vaulted higher on a big investment. FedEx jumped after earnings. Nvidia extended Monday's bounce.

FedEx gapped higher Wednesday on Q4 results and upbeat fiscal 2025 guidance.

Despite recently underperforming the broader S&P 500 Index, Wall Street analysts remain cautiously optimistic about FedEx’s outlook.

FedEx will eliminate up to 2,000 jobs in Europe as part of a cost-cutting drive in response to lackluster demand, the shipping company announced Wednesday.

The lawsuit alleges that the companies are responsible for violating state and federal law, as well as their own safety standards

Investigation reveals a near-collision incident between FedEx cargo plane and Southwest Airlines jet in Austin, Texas, prompting safety concerns in U.S. av...