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The Latest Breaking News from Freight

FedEx Stock Is at Its Bottom—And It May Be Time to Buy

FedEx's results and guidance reflect improving business momentum that the freight segment spin-off will amplify; the bottom is in for this market.

MarketBeat

Is FedEx Stock a Buy, Sell, or Hold Ahead of Its Freight Spinoff?

Following FedEx’s move to spin off its freight division, does the stock present a compelling buy for investors, or is patience the wiser course?

Barchart

Stock Market Tumbles, Treasury Yields Soar On Fed Rate Outlook: Weekly Review

The stock market tumbled this week on the less-dovish Fed rate-cut outlook, with Treasury yields hitting five-month highs.

Investors Business Daily

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Uber's Stock Price Surges, But Analysts Warn Of Overvaluation

Explore Uber Technologies Inc.'s impressive growth in stock price and revenue, expanding services globally.

Top News

Qantas Converting More Aircraft For Freight To Meet E-Commerce Demand

Australian flag carrier Qantas said Monday it will procure six Airbus A321 standard aircraft and convert them to freighters as replacements for smaller, older Boeing cargo jets to keep pace with the huge upswing in cargo volumes powered by e-commerce.

Benzinga

Uber Tops Q1 With 136% Revenue Growth Reflecting Recovery Kicking In; Lyft Shares Continues To Bleed On Dismal Outlook

Uber Technologies, Inc (NYSE: UBER) reported first-quarter F

Benzinga

Martin Marietta Materials Clocks 27% Revenue Growth In Q4, Tops Street View

Martin Marietta Materials, Inc. (NYSE:MLM) reported fourth-quarter FY21 revenue growth of 26.9% year-over-year to $1.5 billion, beating the consensus of $1.34 billion. Total revenues comprised $1.4 billion in Products and services revenues and $91.5 million in Freight revenues. Adjusted EPS improved to $3.15 compared to $2.93 in 4Q20, beating the consensus of $2.92.…

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