United Parcel Service Inc. and FedEx Corp. shares tumbled after an analyst warned that Amazon.com Inc. is offering inexpensive and increasingly fast delivery services to third-party customers, underscoring the risk posed by the e-commerce giant to traditional shipping firms.

On this episode of Stock Movers with Alexis Christoforous: - Cerebras (CBRS) shares are lower after the company gave an annual sales forecast that disappointed investors. Revenue in 2026 will be $855 million to $865 million, Cerebras said, while analysts projected $824.8 million. - FedEx (FDX) is dipping after it reported profit that beat Wall Street’s expectations as the courier navigated tumultuous trade policies and rising costs. The company's profit margin for the past quarter declined to 8.4%, below analysts’ expectations, due to "significant headwinds." - Hertz (HTZ) shares are tumbling after the rental car company reported preliminary second-quarter adjusted corporate Ebitda that missed the average analyst estimate. Additionally, Hertz filed to offer $100 million of stock, lent to JPMorgan via a share lending agreement. The company won’t receive any proceeds from the sale of borrowed shares. (Source: Bloomberg)

FedEx earnings for the fiscal fourth quarter topped Wall Street estimates and the courier is projecting that profit will grow this year. The results suggest cost-cutting efforts are working. Peter McNally of Third Bridge breaks down the earnings on "Bloomberg The Close." (Source: Bloomberg)

Shares of FedEx Corp.’s former freight division fell Monday on its first day of trading as an independent public company.

FedEx President and CEO Raj Subramaniam recounts how Fred Smith, the company's founder, unexpectedly asked him to become CEO during a flight to Los Angeles and later gave him freedom to reshape the company. Subramaniam is on this week's episode of "The David Rubenstein Show: Peer to Peer Conversations." This interview was recorded April 29 at the Economic Club of Washington. (Source: Bloomberg)

FedEx President and CEO Raj Subramaniam discusses how the company moves nearly $2 trillion worth of goods annually, its use of AI and data analytics, autonomous trucking, and the massive transformation underway inside FedEx. He also shares his personal journey from Kerala, India to becoming CEO of one of the world's largest transportation companies, including lessons from founder Fred Smith and the culture that continues to drive FedEx forward. Subramaniam is on this week's episode of "The David Rubenstein Show: Peer to Peer Conversations." This interview was recorded April 29 at the Economic Club of Washington DC. (Source: Bloomberg)

FedEx President and CEO Raj Subramaniam says the company’s investment in AI and data analytics is helping optimize its network and create new services without replacing human delivery jobs. Subramaniam is on this week's episode of "The David Rubenstein Show: Peer to Peer Conversations." This interview was recorded April 29 at the Economic Club of Washington. (Source: Bloomberg)

Amazon.com Inc. unveiled a suite of logistics services that will let businesses buy its existing freight and distribution offerings as a package, sending shares of rival delivery companies such as FedEx Corp. and United Parcel Service Inc. lower.

US transportation stocks plunged Monday after Amazon.com Inc. announced expanded logistics offerings that will turn it into a major competitor for parcel carriers and air freight companies, and also impact truckers and third-party brokers. Bloomberg's Lee Klaskow joins Bloomberg Intelligence to discuss. (Source: Bloomberg)

US transportation stocks plunged Monday after Amazon.com Inc. announced expanded logistics offerings that will turn it into a major competitor for parcel carriers and air freight companies, and also impact truckers and third-party brokers.

FedEx does not expect the war in the Middle East to have a direct material effect on its business but warned of broader consequences to the overall economy. The parcel giant is raising its full-year profit forecast. Bloomberg Intelligence senior analyst Lee Klaskow joins Bloomberg Open Interest to talk about the results. (Source: Bloomberg)

S&P 500 Index futures are down 0.5% as of 7:50 a.m. in New York. Iran pressed ahead with attacks on Gulf Arab states even after Israel signaled it would stop targeting the Islamic Republic’s energy infrastructure.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)

FedEx Corp. has eclipsed rival United Parcel Service Inc. as the largest US parcel carrier by market value for the first time, a landmark moment underscoring the couriers’ diverging paths in the volatile package-delivery business.

In the days since the US Supreme Court declared most of President Donald Trump’s global tariffs illegal, more than 100 companies filed new lawsuits, underscoring widespread concerns that the administration won’t readily refund the billions of dollars it’s already collected.

In the days since the US Supreme Court declared most of President Donald Trump’s global tariffs illegal, more than 100 companies filed new lawsuits, underscoring widespread concerns that the administration won’t readily refund the billions of dollars it’s already collected.

In the days since the US Supreme Court declared most of President Donald Trump’s global tariffs illegal, more than 100 companies filed new lawsuits, underscoring widespread concerns that the administration won’t readily refund the billions of dollars it’s already collected.

San Francisco 49ers running back Christian McCaffrey is coming off one of his best seasons yet where he was a finalist for NFL MVP and won the 2025 FedEx Air and Ground Player of the Year. He spoke with Bloomberg’s Vanessa Perdomo about how even though he is in the prime of his career, he has started thinking about life after football. (Source: Bloomberg)

Investors led by buyout firm Advent International LP and FedEx Corp. are seeking to buy Polish parcel-locker company InPost SA in a deal that values the business at €7.8 billion ($9.3 billion).

Lufthansa Technik Philipines and FedEx Corp. are investing more than $600 million for separate facilities in a former US air base in the Philippines as the Southeast Asian nation moves to boost foreign capital, according to a senior government official.