FedEx Raises Guidance
FedEx raises FY2026 adjusted EPS guidance to $16.90-$18.10, implying 20% EPS growth during the transition year.
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US Market: Rotation Away
US market experiences rotation away from tech as weakness in mega-cap tech widens, with semiconductors declining 7% and NASDAQ opening down 3%.
FDX Raises Guidance
FedEx sees calendar year 2026 adjusted EPS $16.90-$18.10 with revenue growth of ~11% YoY