JPMorgan is moving to the sidelines when it comes to FedEx . The bank downgraded shares of the transportation and shipping giant to neutral from overweight. It also lowered its price target to $274 per share from $284, pointing to 13% upside from Tuesday’s close. Analyst Brian Ossenbeck noted that, despite trying to turn its…
Applied Materials shares plunged more than 13% after the semiconductor equipment maker issued weak guidance as it faces demand pressures in China. The company forecasted adjusted earnings of $2.11 per this quarter, falling short of the $2.39 per share expected by LSEG. The company projected $6.7 billion in revenue, versus the $7.34 billion estimate. During…
15 February 2026, Bavaria, Munich: The logo of the Munich Security Conference can be seen on the chairs in the main hall. Photo: Sven Hoppe/dpa (Photo by Sven Hoppe/picture alliance via Getty Images) Picture Alliance | Picture Alliance | Getty Images Many European policymakers appear to still be smarting from U.S. Vice President JD Vance’s…
The health and projection of quarterback Michael Penix Jr. is the most pivotal factor in the Atlanta Falcons’ future. Selected by Atlanta with the No. 8 pick in the 2024 NFL Draft, Penix has started just 12 games over his first two seasons due to a combination of being behind veteran Kirk Cousins for the…
Star outfielder Kyle Tucker is arguably the best player on the MLB free agent market, and the Chicago Cubs have to be prepared for him to be paid like that. In other words, they need a backup plan to make up for the impact and production that Tucker’s potential departure would vacate. Not to mention,…
GLENDALE, Ariz. — Alex Vesia closed his eyes, turned his head to the side and paused for a moment to compose himself Friday morning as he prepared to speak publicly for the first time since the loss of his newborn daughter during last year’s World Series. “Bear with me,” the Dodgers reliever said before looking…
The sun has set on Nvidia earnings week. Time to close up shop and return in three months when it reports again because nothing else matters, right? Not quite. Grabbing the spotlight from Nvidia in the week ahead is the U.S. jobs market — plus, there are a few noteworthy earnings reports within the broader…
With politics among the biggest stressors for Americans, and the political gender gap growing among young people, it can be hard to stay motivated when divisions feel more contentious than ever. Few people understand that like Ella Emhoff, the daughter of former U.S. Second Gentleman Doug Emhoff and stepdaughter of former Vice President Kamala Harris. Getting…
Beata Zawrzel | Nurphoto | Getty Images A YouTube tool that uses creators’ biometrics to help them remove AI-generated videos that exploit their likeness also allows Google to train its artificial intelligence models on that sensitive data, experts told CNBC. In response to concern from intellectual property experts, YouTube told CNBC that Google has never…
Tomatoes sit in a box at the National Produce Fruit and Vegetable store on November 14, 2025 in Miami, Florida. Joe Raedle | Getty Images After a few weeks of intense focus on whether there is an AI bubble in the markets or not, a recurrent character of 2025 has emerged to the fore: tariffs. …
