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Hertz Tumbles on Q2 Miss; FedEx Falls on Profit Margin Decline | Stock Movers
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…
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