FedEx saw fiscal second-quarter earnings come in slightly above analyst expectations Thursday as the company also announced plans to spin off its freight business into a separate public company with the delivery heavyweight in cost-cutting mode. The company reported Thursday intentions to separate FedEx Freight, creating two publicly traded companies in about 18 months. Meanwhile, FedEx announced Q2 EPS jumped 1.5% to $4.05 while sales totaled $22 billion, declining around 1% compared to a year ago...
Continue ReadingThe agreement encompasses Amazon's fulfilment centres, sortation centres and delivery stations...
Continue ReadingAdvanced Micro Devices stock has struggled to regain momentum as investors are increasingly concerned about its AI growth inflection. Learn more on AMD stock here...
Continue ReadingAI accelerators saw significant advancements begin in 2012, paving the way for the hyper-growth phase starting in 2022. Click for more on AI accelerators...
Continue ReadingIn Q3 2024, the Lazard Global Equity Select Portfolio underperformed its benchmark Index. Click here to read the full commentary...
Continue ReadingAmazon (NASDAQ: AMZN) has been one of the best-performing stocks of all time. In other words, buying Amazon stock at almost any point in its history would have been a smart move as the company has built an empire on e-commerce and cloud computing, two industries that it pioneered and still dominates. Amazon is still the leader in its core businesses of e-commerce and cloud computing, but the company is maturing...
Continue ReadingDXLGâs growth is suppressed by its inability to react to competitive actions and variable cost increases, over-reliance on third-party vendors, and failure to drive brand awareness. Sell...
Continue ReadingAmazon's market cap exceeds $2.4 trillion, driven by strong performance in AWS, Prime, and retail. Discover why I believe AMZN has way more room to run...
Continue ReadingBrookfield Asset Management is a top long-term investment with high-yield potential and massive growth in alternative assets. Click here for more on BAM...
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