Warren Buffett’s Berkshire Hathaway Spent Billions on Chevron. This Might Be Why.

Text size Photograph by Justin Sullivan/Getty Images There is a cottage industry on Wall Street predicting what would Warren would buy. That, of course, refers to Berkshire Hathawa y (ticker: BRK.B) C...

BrightDrop Electric Van Drives Record-Setting 260 Miles From NYC To DC

BrightDrop Zevo 600 delivery van making 260 mile trip from New York to Washington DC BrightDrop BrightDrop, General Motors’ electric commercial vehicle business unit began deliveries of its first prod...

Building A Bridge While Crossing It: How The BrightDrop – GM

The BrightDrop Zevo 600 EV delivery van. Image courtesy BrightDrop Say you saw the opportunity for a new class of vehicles and decided that you would a) design the vehicle itself; b) design and build ...

How companies like Amazon, Nike and FedEx avoid paying federal taxes

The current United States tax code allows some of the biggest company names in the country to not pay any federal corporate income tax. In fact, at least 55 of the largest corporations in America paid...

BofA Downgrades UPS, Eight Other Transport Stocks

Fundamentals in the transportation market are deteriorating, and that’s led Bank of America to downgrade nine of the 28 stocks it covers in the sector. Freight-market signals “have turned ...

UPS Stock Is Down For a Seventh Straight Day. Here’s Why.

Text size UPS stock is on a seven-day losing streak. Alex Wong/Getty Images   United Parcel Service stock is on an ignominious streak, falling for seven consecutive days. There hasn’t been much compan...

IIT-ian Raj Subramaniam’s journey to the top at FedEx

The Indian Institutes of Technology (IITs) have one more reason to cheer. Another of their alumni has grabbed a top position at a global company. Raj Subramaniam, a product of IIT Bombay, was yesterda...

IIT Bombay graduate Raj Subramaniam to be new CEO of FedEx — Quartz India

The Indian Institutes of Technology (IITs) have one more reason to cheer. Another of their alumni has grabbed a top position at a global company. Raj Subramaniam, a product of IIT Bombay, was yesterda...

Cramer’s Mad Money Recap 3/29: Adobe, Yeti, FedEx, Disney

At the peak of the doom and gloom is when you need to be thinking about what could go right, Jim Cramer told his Mad Money viewers Tuesday. In this market, that time was just over a week ago, when the...

Why is FedEx stock rising?

FedEx stock jumped by 3.7% on Friday to close at $238.57 as the stock trimmed its year-to-date decline to around 7.7%. The stock has seen great gains in the month of March as from date 7th. January an...

FedEx CEO says the company will make ‘an enormous effort’ toward AV trucks in June

FedEx chief executive Fred Smith told CNBC’s Jim Cramer on Tuesday that the company will make big strides in its autonomous vehicle efforts this summer. “You’ll see in late June an e...

Nielsen Holdings, FedEx, LHC Group and more

Take a look at some of the biggest movers in the premarket: Nielsen Holdings (NLSN) – The TV ratings company’s stock surged 20.9% in the premarket after it agreed to be acquired by a private-equ...

FedEx tests electric carts for last-mile delivery in U.S. and Canadian cities

FedEx EP1 cart by Brightdrop Source: Brightdrop FedEx plans to test electric carts to make deliveries on its signature Express routes in 10 U.S. and Canadian cities throughout 2022. The company hopes ...

FedEx Has a Ground Problem, Here’s How It Plans to Dig Out of It

The ascent of online shopping via e-retailers like Amazon  (AMZN) – Get Amazon.com, Inc. Report has resulted in a boon in the ground business for shipping companies like FedEx  (FDX) – Get...

FedEx earnings miss estimates but the stock could make a comeback?

Shares of FedEx Corporation (NYSE:FDX) slipped more than 5% on Friday after reporting earnings per share of $4.59 in Q3 2022, below estimates of $4.64. The net income and revenue in the third quarter ...

FedEx, GameStop, Moderna and more

Check out the companies making headlines before the bell: FedEx (FDX) – FedEx earned an adjusted $4.59 per share for its latest quarter, missing estimates by 5 cents, though the delivery service’...

FedEx earnings miss: ‘this doesn’t change my view, I still like it’

Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling each user to make educated decisions with their money and to take control of their financial futu...

FedEx Stock Reaches Sky-High Implied Volatility; Can This Iron Condor Trade Produce A 72% Return?

FedEx stock is showing elevated implied volatility with an IV (implied volatility) percentile reading of 99%. That means that the current level of implied volatility in FedEx (FDX) is higher than 99% ...

Best Stocks, Crypto, and ETFs to Watch – Apple, Tesla, Dogecoin, Fedex in Focus

March triple witching and the Fed decision ensure high volatility and sudden reversals this week, telling traders to buckle up and take defensive measures. Fedex Corp. (FDX) heads a light earnings cal...

U.S. Stocks Poised to Open Higher on Monday

U.S. stock index futures point to a higher open for Wall Street on Monday. (Photo by Michael M. Santiago/Getty Images) Getty Images Text size Here’s what you need to know to navigate the markets today...

FedEx Reports After The Close On 3/17 — Options Contracts Expire The Next Day

According to NextEarningsDate.com, the FedEx FDX next earnings date is projected to be 3/17 after the close, with earnings estimates of $4.68/share on $23.42 Billion of revenue. Looking back, the rece...

FedEx stock: Steve Weiss explains why he just bought FDX

FedEx Corporation (NYSE: FDX) stock is down more than 20% year-to-date, which Short Hills Capital Partners’ Steve Weiss says is an opportunity to buy a quality name at a deep discount. Weiss mak...

Is Now the Time to Buy or Sell? 7 Stocks to Consider During Turbulent Times.

I asked two market strategists whether U.S. investors should buy stocks here despite the pall of war in Ukraine. One says definitely, and the other says to hold off. Both are convincing. This is why I...

China’s XI Doesn’t Want the Fed to Raise Rates Either

China’s President Xi Jinping urged the world’s major economies not to rapidly raise interest rates at the virtual Davos summit, warning such action could threaten the global recovery. The yield on the...

Be a landlord for Amazon and FedEx with these REITs that yield up to 4.1%

Be a landlord for Amazon and FedEx with these REITs that yield up to 4.1% Being a landlord is one of the oldest ways to earn a passive income. And these days, you don’t have to buy a house to get a pi...

Walmart and FedEx sign deals for thousands of GM’s new electric vans

Walmart signed an agreement to reserve 5,000 of BrightDrop’s EV600 and smaller EV410 electric delivery vans to support the retail giant’s last mile delivery network and goal of operating a...

GM’s EV Push Yields Orders For Thousands Of Electric BrightDrop Vans From Walmart, FedEx

A BrightDrop EV600 all-electric light commercial vehicle. BrightDrop General Motors unveiled an array of new battery-powered models Wednesday at CES, including electric versions of the Silverado picku...

Airlines Warn of Crippling Flight Disruptions if New 5G Rollout Isn’t Delayed

Text size Justin Sullivan/Getty Images After AT&T and Verizon Communications refused requests from the U.S. government to delay the Jan. 5 launch of new 5G services, the Airlines for America trade...