These Big Cap Stocks Are Moving the Most Today: From FedEx to Amazon And More.

Jun 21, 2022

These Big Cap Stocks Are Moving the Most Today: From FedEx to Amazon And More.

Stock futures fell slightly Wednesday as the S&P 500 fell for the second day in a row, and the focus shifted to Federal Reserve Chairman Jerome Powell’s speech before Congress.

And these big cap stocks were primed to move on Wednesday:

FedEx (FDX) was down 3.1% in premarket trade after the transportation company posted fiscal fourth-quarter results above analysts’ expectations but gave disappointing forecasts. The business estimates between $16.50 and $18.50 per share for the current fiscal year, up from about $15 per share in fiscal 2023. Wall Street had predicted a share price of around $18.30. FedEx also expects sales to grow “flat to low-single-digit percent” in fiscal 2024.

Other big cap stocks  like Tesla (TSLA) were up 1.4%. Elon Musk, CEO of Tesla, met with India’s Prime Minister Narendra Modi on Tuesday and expressed confidence that the electric-vehicle maker will be in India as soon as feasible. Musk stated that Modi was pressuring Tesla to make large investments in India, which they expect to do.

Amazon.com (AMZN) was down marginally in premarket trade, falling to $125.62. Jefferies analysts upgraded their price objective on the stock to $150 from $135, citing the company’s position as a key beneficiary of the emergence of artificial intelligence, as AWS benefits from increasing usage to train and execute AI models.

Meanwhile, Amazon has announced that Prime Day, the online retailer’s annual promotional event, will be held on July 11-12. Amazon reportedly made $12 billion in sales during last year’s Prime Day.

La-Z-Boy (LZB) expects fiscal first-quarter sales of $470 million to $490 million, down $604.1 million from the previous year and below analysts’ projections of around $522 million.

KB Home (KBH), Patterson Cos. (PDCO), and Winnebago (WGO) are all slated to announce earnings on Wednesday.

Peloton Interactive (PTON) was down 3.5% in premarket trade to $7.97 after Wolfe Research downgraded the digital workout business to Underperform with a price target of $6, according to the Fly.

Subscribe Our Newsletter

Audi EV Sales Teach Us About Demand and The Used-Car Market.

Milena

Audi EV Sales Teach Us About Demand and The Used-Car Market.

The German Auto USA sold 4,438 Audi EVs in the first quarter, up from 3,247 sold in the first quarter of 2022 and up from 4,257 sold in the fourth quarter of 2022.

Companies
People Need Food and Energy. This Stock Is a Play on Both
People Need Food and Energy. This Stock Is a Play on Both

Orkla (ORK.Norway; ORKLY) is a Norwegian corporation that has businesses that produce both. The previous industrial behemoth turned itself into a consumer-goods corporation, with its primary food sector producing frozen pizza, sauces, and ready-to-eat meals accounting for around 37% of its 2021 sales. The heritage hydroelectric power plants are likewise owned by the Oslo-listed company.

Stocks
Get the ultimate solution: B2BinPay Get the ultimate solution: B2BinPay
Sponsored
Vitaliy

Triangle Patterns in Trading: Mastering Ascending, Descending & Symmetrical Strategies for Maximum Profit
Master triangle chart patterns for stocks, forex & crypto. Learn to trade ascending, descending & symmetrical triangles with real examples and back-tested stats.

discover
What Is A Bitcoin Stock-To-Flow Model? Beginner's Guide

Tamta

What Is A Bitcoin Stock-To-Flow Model? Beginner’s Guide

Bitcoin, the world’s leading cryptocurrency, has gained significant attention in the financial world in recent years, but its value can be highly volatile, making it challenging for investors to make informed decisions.

Fintech
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Сonstantine

    CFD Trading Strategies: A Practical Guide to Risk and Execution

    CFD Trading Strategies

    Alexander

    What is a Fair Value Gap? A Guide to Trading Market Imbalances

    What is Fair Value Gap

    Vitaliy

    Triangle Patterns in Trading: Mastering Ascending, Descending & Symmetrical Strategies for Maximum Profit

    Triangle Patterns in Trading: Ascending, Descending & Symmetrical Guide

    Alexander

    What Is COTI? Payments, Token & Price Prediction

    What is a COTI coin

    Constantine

    Best Copy Trading Software in 2025

    Best Copy Trading Software in 2025

    Alex

    What Is an AI Agent? The Future of Finance Explained

    AI Agent Explained

    Constantine

    How to Start a Liquidity Provider Business?

    How to Start a Liquidity Provider Business

    Constantine

    How to Start a White Label Brokerage?

    How to start a white label brokerage

    Constantine

    How to Start a Multi-Asset Brokerage?

    How to Start a Multi-Asset Brokerage

    Hazem

    Crypto Ransomware – How They Happen and How to Avoid Them

    Crypto ransomware explained

    Constantine

    Best Web3 Browsers in 2025

    Best Web3 Browsers

    Constantine

    Best DAO Projects in 2025

    Best DAO projects in 2025

    Alexander

    Crypto Nodes That Pay: Your 2025 Guide to Top Passive Income Opportunities in Crypto

    crypto nodes that pay

    Alex

    Pi Network: Scam or Groundbreaking Crypto? The Full Analysis

    Pi Network Explained

    Constantine

    Triple Net Lease: Meaning, Benefits, and Strategies Explained

    Triple Net Lease

    Constantine

    Hanging Man Pattern: How to Identify and Trade It Effectively

    Hanging Man Pattern

    Alex

    5 Infinite Banking Mistakes That Could Cost You Thousands

    Infinite Banking Mistakes to Avoid

    Aleksander

    Solana Firedancer: Solving Solana’s Biggest Problems with a New Engine

    Solana Firedancer explained

    Alexander

    What Is an Interest Coverage Ratio? How to Use This Financial Metric to Evaluate Company Health

    Interest Coverage Ratio Explained

    Hazem

    After-Hours Trading: Can You Trade After Financial Markets Close?

    After-Hours Trading Explained

    Alexander

    How to Scale a Crypto Exchange Business and Stay Competitive

    how to scale crypto exchange business

    Constantine

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Alexander

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Hazem

    Megaphone Pattern​: What Is It? How to Use It In Trading

    Megaphone Pattern​: How to Read & Trade with It
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.