According to @ReutersBiz, FedEx (FDX) shares jumped after the company posted first-quarter results that beat Wall Street expectations, source: Reuters Business tweet https://reut.rs/3I6jSAP. The outperformance was fueled by strong domestic deliveries and cost-cutting, source: Reuters Business tweet https://reut.rs/3I6jSAP. The source did not provide additional details on guidance, valuation, or any cryptocurrency market implications, source: Reuters Business tweet https://reut.rs/3I6jSAP.

According to @ReutersBiz, shares of FedEx rose after a first-quarter earnings surprise driven by strong U.S. domestic deliveries and cost-cutting measures that offset a tariff-induced decline in international volumes. Reuters Business reported that the results surprised Wall Street and supported the stock’s move higher by highlighting domestic strength and operational efficiencies despite weaker cross-border demand.