FedEx (FDX) shares close over 4.5% higher after reporting a first-quarter earnings beat and boosting its guidance. Amazon (AMZN), on the other hand, closes in the red amid heightened speculation on whether the Federal Trade Commission (FTC) will file an anti-trust claim against the online retailer. Tesla (TSLA) is reportedly exploring plans to build out battery storage factories in India. Yahoo Finance Live anchors Josh Lipton and Akiko Fujita examine several trending stocks following Thursday's closing bell For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Sanofi is all in on AI and thinks it could help alleviate patent timeline pressures from the Inflation Reduction Act.
The planned acquisition of Hostess Brands by J.M. Smucker is the latest in a series of food mergers.