📦 FedEx delivers efficiency in bulk

Good evening. We’re wrapping up the week at record highs after Trump and China’s Xi Jinping talked trade, fentanyl, the war in Ukraine, and TikTok’s future. A strong finish to a very green week.

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Market data: today’s market close

WINNERS

⬆︎10.23% WeRide

WeRide’s Robobus became the first autonomous shuttle to get a federal test permit in Belgium, allowing it to run an 8km loop in Leuven with nine stops. That makes WeRide the only firm with driverless testing permits in seven countries, including the US, China, and France. [Read more]

⬆︎2.32% FedEx

🔔 Earnings report - Stronger U.S. parcel demand and aggressive cost-cutting made this quarter a win for FedEx. The shipping giant has been trimming expenses by grounding planes, shutting facilities, and merging divisions to save billions. Average daily volumes rose 4% in the U.S., offsetting weaker international exports. [Read more]

⬆︎2.21% Tesla

Baird raised its price target for the EV maker by more than 30% pointing to Tesla’s ambitious plans: scaling up production, launching a robotaxi service, and developing its Optimus humanoid robots, which could create new revenue streams beyond cars. [Read more]

MORE WINNERS

⬆︎28.83% Oklo
⬆︎13.33% Joby Aviation
⬆︎11.30% Symbotic
⬆︎6.39% Lemonade

⬆︎⬇︎ 1-day change
Market data: today’s market close

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LOSERS

⬇︎3.24% Intel

Citi isn’t convinced Intel’s comeback is around the corner. The chipmaker partnered with Nvidia (the stock soared 23% yesterday) but analysts argue that won’t fix its core CPU problems or close the gap with AMD. Citi also doubts Intel’s AI push, estimating its market potential at just $1–2 billion, far smaller than the hype suggests. [Read more]

⬇︎3.65% Micron

Samsung won Nvidia’s approval for its latest high-bandwidth memory chips, making it an official supplier. Samsung is also pushing ahead on next-gen HBM4, reportedly hitting faster speeds than its rivals. Wells Fargo analysts warn that if Samsung cuts prices to regain market share, it could weigh on the industry, especially on Micron. [Read more]

⬇︎10.44% Hess Midstream

Chevron just hit pause. Hess Midstream, the pipeline and processing arm tied to Chevron’s oil operations, cut its growth outlook after Chevron said it would scale back drilling in the Bakken from four rigs to three starting late 2025. That means oil volumes are expected to flatten in 2026. [Read more]

MORE LOSERS

⬇︎4.48% Dollar General
⬇︎8.59% Instacart
⬇︎10.99% DexCom

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Market data: today’s market close

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