FedEx stock is down 3.68% at 148.86 after the company announced yesterday the plans for 4 billion cost-cutting and an increase of 6.9% in shipping rates.
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Here are market news that moved the markets around the globe during 2023 and 2024. Just the bottom line
Credit Suisse cuts iPhone first quarter 2023 estimate by 7 million to 69 million pieces. Total revenue for the first quarter was estimated 2% lower than the same quarter last year at $121.66 billion
Tesla stock finished 0.93% higher at $222.20 after the announcement of the third-quarter financial results. The company reported earnings of $1.05 per share in line with expectations and the revenue came up to $21.45 billion slightly below the consensus.
