Companies To Watch: What FedEx’s earnings suggests about the US economy
Despite reporting better-than-expected quarterly earnings and revenue on the back of a successful cost-cutting strategy, investors sent shares of FedEx tumbling more than 5% after a bleak forecast. Join Dan Koh and Ryan Huang as they unpack the details surrounding FedEx’s earnings report, and find out what it suggests about the overall economic health today.See omnystudio.com/listener for privacy information.