FINWIRES · TerminalLIVE
FINWIRES

FedEx to See Solid Momentum Into H2, Oppenheimer Says

By

FedEx (FDX) is expected to see solid momentum for the rest of the year after the company guided 11% revenue growth and adjusted EPS of $16.90 to $18.10 for calendar 2026, excluding its freight business, Oppenheimer said Wednesday.

The brokerage said FedEx expects recent revenue trends to continue, supported by pricing gains, higher export volumes and ongoing cost reductions.

FedEx reported fiscal Q4 adjusted EPS of $6.31, topping Oppenheimer's $5.75 estimate and the $5.96 consensus, while revenue rose 13% year over year, according to the note.

Oppenheimer has a perform rating on the stock.

Price: $313.17, Change: $-4.07, Percent Change: -1.28%

Related Articles

Wire

Cerebras Systems Q1 Net Loss Narrows, Revenue Rises; Shares Fall After Hours

Cerebras Systems (CBRS) reported a Q1 net loss late Tuesday of $0.22 per diluted share, narrowing from the loss of $0.46 a year earlier.Analysts polled by FactSet expected a loss of $0.16.Revenue in the three months ended March 31 rose to $193.4 million from $99.5 million a year earlier.Analysts expected $181.2 million.The company expects Q2 non-GAAP revenue of about $194 million. Analysts project $177.7 million.Cerebras expects full-year non-GAAP revenue of $855 million to $865 million. Analysts forecast $828 million.Cerebras shares fell 7.6% in after-hours trading.

$CBRS
Wire

Top Cryptocurrencies Fall; Bitcoin Drops Below $63,000 Level

Top cryptocurrencies fell Tuesday, with Bitcoin (BTC-USD) dropping below the $63,000 level.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell almost 3.5% in the past 24 hours. The Nasdaq 100 fell 3.2%, the S&P 500 decreased 1.3%, and the Dow Jones Industrial Average was down 0.1%.Bitcoin dropped 3.2% to $62,259, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume rose 9.5% to $29.78 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, declined 4.3% to $1,657.XRP (XRP-USD) dropped 2.7%, BNB (BNB-USD) fell 2.7%, and Solana (SOL-USD) lost 5.3%. Dogecoin (DOGE-USD) declined 5.1%, and Cardano (ADA-USD) shed 5.5%.The US 10-year Treasury yield stood at 4.509% at 3 p.m. ET Tuesday, up from 4.493% Monday, while the five-year yield rose to 4.288% from 4.261%.The total market value of the cryptocurrency industry fell 2.9% in the past 24 hours to $2.14 trillion, with trading volume rising 0.5% to $72.42 billion.Price: $62270.80, Change: $-1680.71, Percent Change: -2.63%

$ADA-USD$BNB-USD$BTC-USD$DOGE-USD$ETH-USD$SOL-USD$XRP-USD
Wire

Cosmos Health to Deploy AI-Powered Call Center at Pharma Distribution Unit

Cosmos Health (COSM) said Tuesday its pharmaceutical distribution subsidiary CosmoFarm will deploy an artificial intelligence-powered call center to support customer communications, order intake and routine support functions.The platform will include multilingual voice assistance, intelligent call routing, outbound campaign automation, back-end system integration and real-time reporting capabilities, the company said.

$COSM