To The Moon

Stock futures were flat Friday after the three major stock market indexes again set records even though an antitrust lawsuit against Apple sent shares of the tech giant lower.FedEx reported fiscal third-quarter earnings that beat analysts' estimates as the shipping giant's cost-cutting efforts overshadowed lower sales and reduced demand. FedEx also raised its fiscal 2024 guidance and announced a buyback of $5 billion of stock. Shares of FedEx were up 13% in premarket trading. Rival United Parcel Service rose 3.6%.Nike posted fiscal third-quarter revenue that rose slightly from a year earlier but shares were falling 6.3% after the sneaker and apparel company said the first half of fiscal 2025 would be challenging, with sales down by low single-digit percentages year over year. "This reflects near term-headwinds from life cycle management of our key product franchises," said Chief Financial Officer Matthew Friend on an earnings call with analysts, as well as the "subdued" global macroeco

Jeremy Grantham, co-founder of GMO, warns that a “superbubble” now appears between its third and fin

SummaryNvidia reported its second quarter earnings, missing estimates.Nvidia's Q3 guidance is more i