LEN, CLF, FDX, NKE and more

LEN, CLF, FDX, NKE and more

Check out the companies making headlines in premarket trading: FedEx — Shares tumbled more than 8% after the parcel delivery company slashed its full-year guidance , citing “weakness” in the U.S. industrial economy. FedEx now said to expect between $18 and $18.60 in earnings per share after certain exclusions, down from the range of $19…

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BTIG upgrades Snowflake on improving cloud demand, AI growth

Stocks making the biggest moves midday: NVDA, SNOW, RYCEY

Check out the companies making headlines in midday trading. Nvidia – Shares dropped 8.5% despite the chipmaker’s fourth-quarter earnings and revenue and current quarter revenue forecast beating analyst estimates. Nvidia’s fourth-quarter gross profit margin declined, and its latest revenue topped forecasts by the smallest amount in two years . EBay – The e-commerce platform slumped…

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