Closing Bell: FedEx Rallies, Apple Rises, Oracle Rises on Meta AI Cloud Deal
On this episode of Stock Movers:Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.- FedEx (FDX) shares rallied the day after it announced earnings. It expects a $1 billion hit from trade volatility this year, underscoring the impact of President Donald Trump’s tariffs and the loss of a key exemption for low-value goods. Most of that reduction to adjusted operating profit stems from lower shipments from China to the US — a highly…
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