FedEx cuts full-year guidance, sending shares lower premarket, signaling a challenging period for the shipping giant. The company’s revised outlook, a stark contrast to its previous optimistic projections, reflects a confluence of factors that are impacting the logistics industry. From slowing global economic growth to persistent supply chain disruptions, FedEx …
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Nike shares pop 7% after CEO change; analysts say ‘time is right’. The sports apparel giant’s stock soared following the announcement of a new CEO, a move that analysts believe is a timely and necessary step for the company. The market reacted positively to the news, with investors seemingly optimistic …
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PepsiCo cut at Morgan Stanley as ‘fundamental struggles continue’ signals a troubling trend for the beverage and snack giant. While PepsiCo has long been a household name synonymous with iconic brands like Pepsi, Lay’s, and Gatorade, recent financial performance and analyst sentiment paint a less optimistic picture. The company is …
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