Tag: #stocks

FedEx Completes Spin-Off of Freight Unit; FedEx Freight Begins Trading as FDXF

FedEx completed the spin-off of its less-than-truckload freight unit, distributing shares to investors and launching FedEx Freight Holding Co. (FDXF) on the NYSE.

$FDXF, $FDX, #fedex, #spinoff, #freight, #stocks

Costco Reports Strong Q3 Results, Sales Up 11.6% as Digital Growth Surges

Costco posted fiscal Q3 net sales of $69.154B and net income of $2.192B; digitally enabled sales jumped 21.5% and membership fees reached $1.373B.

$COST, #costco, #earnings, #retail, #stocks

Robinhood Q1 Revenue Up 15% as Crypto Revenue Falls 47%, Shares Slip

Robinhood reported Q1 revenue up 15% to $1.07B but crypto revenue plunged 47% and app crypto volume fell 48%, sending HOOD shares lower after-hours.

$HOOD, #robinhood, #crypto, #earnings, #stocks

KOSPI Rockets 5.8% as U.S.-Iran Two-Week Ceasefire Eases Oil Fears

Seoul’s KOSPI surged 5.8% after a U.S.-Iran two-week pause in fighting drove oil prices lower and strengthened the won, triggering a broad relief rally.

#southkorea, #kospi, #oil, #iran, #stocks