FedEx is a Memphis-based holding company providing transportation, ecommerce, and business services, employing 306,000 people. Its segments include FedEx Express, Ground, Freight, and Services, offering various shipping solutions.
FDX has been in the news recently: Truist has rated FedEx and UPS as buy due to their strong retail presence and logistics services for small and medium-sized businesses. Additionally, Jim Cramer suggested that investors keep an eye on FedEx's earnings next week, as it could be influenced by broader market factors.
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