Fedex Stock News

GM"s electric commercial vehicle business, BrightDrop, said on Wednesday it has signed a new deal to supply EVs to retail giant Walmart and expanded its supply agreement with delivery firm FedEx.

General Motors Company confirms at CES that it both Walmart and FedEx plan to add thousands of electric delivery vans produced by the company''s BrightDrop. Read more.

Electric van maker BrightDrop said that FedEx Express and Walmart (NYSE: WMT ) has placed orders for a total of 7,000 vehicles, with the FedEx order potentially expanding to include an additional 20,000 units pending the successful conclusion of ongoing negotiations. The announcement was made Wednesday by General Motors CEO Mary Barra during her CES keynote address. BrightDrop is a GM (NYSE: GM ) subsidiary. In a Tuesday press briefing prior to the announcement, FedEx''s Richard Smith, regional president of the Americas and executive vice president, told the media the package giant was also in discussions with BrightDrop on how to address the company''s larger-van package needs (above 1,000 cubic foot capacity). "BrightDrop''s EV portfolio of the EV600 and EV410 covers our small and medium [needs]," Smith said, noting the two BrightDrop vehicles could potentially cover two-thirds of FedEx''s electric fleet of the future. "And we hope that they [do]." BrightDrop CEO Travis Katz said there had been discussions with FedEx about larger vehicles. "The biggest challenge around the larger size is battery mass and making sure the batteries needed to move that size payload doesn''t bring down cargo capacity.

BrightDrop announced Walmart at CES 2022 as its latest customer for electric vans, while FedEx plans for even more of the zero-emissions vehicles.

Someone with a lot of money to spend has taken a bearish stance on FedEx (NYSE: FDX ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with FDX, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 22 uncommon options trades for FedEx. This isn''t normal. The overall sentiment of these big-money traders is split between 45% bullish and 54%, bearish. Out of all of the special options we uncovered, 2 are puts, for a total amount of $70,050, and 20 are calls, for a total amount of $1,176,940. What''s The Price Target? Taking into account the Full story available on Benzinga.com

https://www.investing.com/analysis/3-fedex-trades-in-the-wake-of-robust-earnings-release-200613084

FedEx and UPS say they are on a path to make use of decades of data. Florian

The guy ding-dong ditched at my door, which is rude, says Fedex customer

Waldron Private Wealth LLC boosted its holdings in FedEx Co. (NYSE:FDX) by 26.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,198 shares of the shipping service provider’s stock after purchasing an additional 459 shares during the quarter. Waldron Private Wealth […]

AE Wealth Management LLC grew its stake in shares of FedEx Co. (NYSE:FDX) by 8.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,075 shares of the shipping service providers stock after purchasing an additional 2,360 shares during the period. AE Wealth Management [] The post AE Wealth Management LLC Buys 2,360 Shares of FedEx Co. (NYSE:FDX) appeared first on ETF Daily News .

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FedEx Corporation (NYSE:FDX) at last check was buoying at $254.27 on Thursday, December 23 with a rise of 1.72% from its closing price on previous day. Taking a look at stock we notice that its last check on previous day was $249.96 and 5Y monthly beta was reading 1.24 with its price kept floating in FedEx Corporation (FDX) Could Be Worth Considering For The Next Few Weeks Read More »

Miracle Mile Advisors LLC increased its holdings in FedEx Co. (NYSE:FDX) by 87.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,153 shares of the shipping service providers stock after purchasing an additional 1,002 shares during the quarter. Miracle Mile Advisors LLCs holdings in []

InTrack Investment Management Inc bought a new position in FedEx Co. (NYSE:FDX) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 960 shares of the shipping service providers stock, valued at approximately $226,000. Other large investors have also added to or reduced their stakes in the company. []

U.S. Capital Wealth Advisors LLC bought a new stake in shares of FedEx Co. (NYSE:FDX) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,094 shares of the shipping service provider’s stock, valued at approximately $3,310,000. Other hedge funds and other institutional investors […]