FedEx Slips After First Earnings Since Spinoff
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Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu
-Lee Klaskow, Bloomberg Intelligence Senior Transport, Logistics and Shipping Analyst, recaps FedEx earnings. FedEx shares fell after the parcel delivery company posted its first earnings report since completing the spinoff of its freight unit earlier this month. Results seem to have fallen short of investor expectations after a strong run-up in the first half of the year.
-Ryan Ward, BloombergNEF Weather Associate, discusses how AI is modeling mega storms with surprising accuracy. AI hurricane forecasts faced a first stress test in 2025: Hurricane Melissa, the strongest Category 5 hurricane in the modern era. AI models are trained on historical data, meaning a storm of this magnitude was not in the training set and potentially not predictable.
-Linda Cohn, ESPN Sportscenter Anchor, discusses retiring after 34 years at ESPN. Hall of Fame sportscaster Linda Cohn has served as a SportsCenter anchor since joining ESPN in 1992. She is ESPN’s longest-tenured SportsCenter anchor and in early 2016 was recognized for anchoring her 5,000th SportsCenter, the most of any anchor in ESPN history. In 2017, she was inducted into the National Sports Media Association (NSMA) Hall of Fame.
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