Company News for Sep 22, 2023

In this article:
  • Shares of FactSet Research Systems Inc. (FDS) gained 0.7% after the company reported fourth-quarter fiscal 2023 revenues of $535.8 million, surpassing the Zacks Consensus Estimate of $534.9 million.

  • FedEx Corporation’s (FDX) shares jumped 4.5% after the company reported first-quarter fiscal 2024 earnings of $4.55 per share, beating the Zacks Consensus Estimate of $3.70 per share.

  • Shares of Broadcom Inc. (AVGO) declined 2.7% on reports that Alphabet, Inc. (GOOGL) executives were planning to drop the company as its supplier of AI chips.

  • Amazon.com, Inc.’s (AMZN) shares tumbled 4.4% on the broader tech slump.

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