Blowout Earnings From Nike Offer Clues On Consumer Strength

Getty Images Getty Images Key Takeaways: Nike’s NKE online sales jump by a whopping 82% Tesla TSLA gets several price-target upgrades, but investors generally disappointed with Battery Day Fed Chairman Jerome Powell scheduled to continue congressional testimony Investors seem to be lacing up their jogging shoes this morning, running toward […]

FedEx Rides Shipping-Volume Growth to Blowout Quarter

Shares of FedEx  (FDX) – Get Report jumped after hours on Tuesday after the package-delivery service reported fiscal-first-quarter results that were ahead of analyst expectations.  For the quarter ended Aug. 31 the Memphis company reported net income of $4.72 a share, up 66% from $2.84 a share in the year-earlier quarter. Adjusted net […]