FDX FedEx reports Q3 results today at 5:30pm ET. The $68B logistics giant faces investor scrutiny amid volatile fuel markets. Oil spiked back above $100 as Iran war entered day 19 creating unprecedented cost pressures for carriers.
SCHL Scholastic delivers Q3 results today as the $1.1B education publisher navigates weakening consumer demand. The children's book giant held steady despite retail pressure mounting across discretionary categories.
MLKN MillerKnoll reports Q3 results Tuesday as the $2.9B furniture maker battles commercial real estate headwinds. Office equipment demand stayed depressed amid remote work persistence.
European earnings dominate mid-week calendar. ENEL Enel releases fiscal 2025 results today showing European utility sector resilience. Italian energy names absorbed volatility as natural gas prices fluctuated on Middle East supply fears.
Zero IPOs scheduled this week. Capital markets stayed frozen as geopolitical uncertainty persisted. Banks prepared to offload $18B in debt tied to EA take-private deal testing junk bond appetite at peak market stress. JPMorgan halted $5.3B Qualtrics debt deal as AI fears chilled demand.
Drone maker Swarmer backed by Erik Prince surged 500% in Wall Street debut hitting $380M market cap. The defense IPO contrasted with broader new issue activity grinding to halt.
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