Market Update: FedEx, General Mills, and Tesla Sales Trends

Reported about 9 hours ago

FedEx's fourth-quarter earnings exceeded expectations, but weak forecasts and trade uncertainty have negatively impacted its stock. General Mills lowered its profit expectations due to declining demand and rising acquisition costs. Meanwhile, Tesla experienced a 28% drop in new car sales in Europe in May, continuing a trend of monthly declines despite overall growth in the electric vehicle market.

Source: YAHOO

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