FedEx Raises Outlook; Super Micro Co-Founder Charged; Unilever Looks to Offload Food Business
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- FedEx (FDX) raised its full-year profit forecast, signaling that the courier’s plan to restructure its delivery network is gaining traction despite geopolitical conflict and economic volatility.- The US charged a Super Micro Computer (SMCI) co-founder with illegally diverting billions of dollars in Nvidia Corp.-powered servers to China, initiating its highest-profile case against alleged smuggling of restricted AI technology to the Asian country. Super Micro’s shares plummeted more than 20% in…
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