FedEx Corporation (FDX) Fell on Post Earnings Swoon
The election storm is sweeping through the financial markets, with investment banks beginning to pay attention to the potential impact of Elon Musk taking office.
Elon Musk has pledged to find a $2 trillion reduction target in the government budget, and Piper Sandler, an American investment bank, has compiled a list of the 100 stocks most affected by this plan. Overall, Piper's list ranges from aviation and aerospace equipment companies to defense manufacturing, biopharmaceuticals, and health plan providers.
Express News | Vice President Zhang Shaogang of China Council for the Promotion of International Trade met with Senior Vice President Juan Pablo Kuri of usa FedEx Group International Affairs.
FedEx Study: 70% of small and medium-sized enterprises expect sales to increase year-on-year during this shopping festival.
One of the courier companies, Federal Express Corporation, has released the latest research survey on this year's e-commerce festival in the Asia-Pacific region. The survey shows that 70% of small and medium-sized enterprises expect an annual increase in sales during this shopping festival, with nearly 80% of companies believing that the growth will mainly come from the Asian market, especially the Southeast Asian market. This optimistic attitude reflects the overall market trend, as the Southeast Asian e-commerce market has achieved double-digit growth this year due to digital technology applications and cross-border trade development. In addition, regional trade within Asia continues to grow rapidly, with expectations until 2030.
Analyst: If Elon Musk serves in the White House and fulfills budget reduction commitments, stocks sensitive to government spending will be affected.
11月5日格隆汇｜Only one day left before the USA presidential election, strategists are busy preparing for the potential economic impact of either Trump or Harris winning, including tax, tariffs, and immigration policies. However, investment professionals are planning for another risk of Trump winning, which is Musk serving in the White House. Trump has stated that if he wins, he will establish a government efficiency committee led by Musk. Musk pledged last week to cut the USA federal budget by at least 2 trillion dollars. Piper Sandler & Co. has now listed the top 100 sectors that may be most affected by this plan.
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