Reported 8 months ago
FedEx reported fourth-quarter earnings exceeding Wall Street expectations, pointing to e-commerce growth and improved margins. Rivian's shares surged after a joint venture and investment from Volkswagen, while Tesla faced its fourth Cybertruck recall. The impact of extreme heat on the economy, with estimates up to $100 billion annually, was discussed. Infrastructure challenges due to heat were addressed, highlighting the need for investments to heat-proof systems like transportation and electricity grids amidst climate change.
Source: YAHOO