Yahoo Finance Live's Seana Smith looks at several stocks trending in the after-hours trading session.
We are starting to look at these early reports from FedEx, Nike, Micron and others for their fiscal periods ending in August as giving us a preview of what likely lies ahead as the banks kick-off the Q3 reporting cycle in about two weeks
Hong Kong's Cathay Pacific Airways expects cargo demand to pick up after Chinese National Day holidays in the first week of October, but warned that it will not be a repeat of the "super-peak" that it recorded last year. The airline, in its newsletter on Friday, forecast cargo demand to pick up as lifting of COVID-19 curbs in China could mean higher shipping volumes, especially during the year-end holidays — usually a frantic period for air cargo and shippers. Earlier this month, FedEx withdrew its forecast based on an acceleration in global demand slowdown.