$FedEx(FDX)$FedEx (FDX) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Str
$FedEx(FDX)$@Sagi08@IZLIN@Zenekz@simplydkamFedEx (FDX) recently announced a multi-year deal with Nuro to use the latter’s autonomous delivery vehicle for its operations. The addition of Nuro’s next-generation autonomous vehicles expands FedEx’s portfolio of autonomous same-day delivery vehicles and devices.The partnership deal was initially inked in April, and underwent pilot testing across Houston. The pandemic fueled a massive growth of ecommerce, making reliable and autonomous solutions a necessity throughout the supply chain in order to effici
Tokyo: Nikkei drops 3% on US rate hike fear Tokyo's key Nikkei index tumbled just over 3 per cent after the open on Monday, tracking losses on Wall Street as investors digested Federal Reserve messaging on more restrictive monetary policy.The benchmark Nikkei 225 index was down 3.01 per cent or 870.79 points to 28,093.29 just over 30 minutes after the opening bell, while the broader Topix index was down 2.44 percent or 47.51 points to 1,899.05.