FedEx Tanks and Home Prices Cool Nationwide
FedEx shares drop nearly 6% after withholding full-year guidance and issuing a weak Q1 forecast, disappointing investors and deepening concerns about its growth outlook. In a major legal victory for AI, a judge rules Anthropic’s use of books to train its model Claude qualifies as fair use — a landmark case that may shape AI’s legal future. McDonald’s and Krispy Kreme part ways in July after their partnership fails to generate profits, underscoring challenges in the fast-food space. Meanwhile, home prices are cooling faster than expected as high mortgage rates and regional shifts take a toll on formerly hot markets like Tampa and Phoenix. And Nvidia CEO Jensen Huang kicks off a massive stock sale plan worth up to $873 million — while still holding billions in shares as Nvidia rides the AI wave.
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