Financial Performance - FedEx's fiscal second quarter beat expectations, leading to a raise in guidance, but the entirety of the raise was a result of this beat [3] - Freight business margins declined year-over-year by 300 basis points [6] - FedEx took a $150 million charge [9] Operational Challenges and Strategies - FedEx faces costs associated with grounding MD11 planes [3] - Higher incentive compensation for employees is weighing on second-half earnings [4] - Industrial weakness is impacting FedEx's freight segment [4] - FedEx is preparing for a freight spin-off planned for June 2026, incurring costs related to hiring a salesforce and IT expenses [8] - Weak demand environment from a freight perspective, especially for heavy oversized goods, is impacting margins [9] - FedEx's US ground home delivery volumes are up 8%, and pricing is up 5% [10] - FedEx is winning business on its express side due to good pricing, revenue mix, and business wins [11] - FedEx is making progress on improving margins and driving efficiencies through network 20, integrating express and ground networks [12] Market and Industry Outlook - The transport sector has been rallying recently [14] - CH Robinson is seen as an AI play due to its technology-driven freight matching [15] - Restrictions on non-domiciled CDLs are pushing up freight rates [16] - The setup for 2026 is expected to be better for transports [16]

David George is a General Partner at Andreessen Horowitz, where he leads the firm's Growth investing team. His team has backed many of the defining companies of this era, including Databricks, Figma, Stripe, SpaceX, Anduril, and OpenAI, and is now investing behind a new generation of AI startups like Cursor, Harvey, and Abridge. ----------------------------------------------- Timestamps: 00:00 Intro 01:24 Why Everyone is Wrong: Mega Funds Does Not Reduce Returns 07:13 The Biggest Advantage of Staying Privat ...

We have such a treat today, Carl. This is probably the most bullish story I have seen in years. We're talking about GE Vernova.It's rallying gigantically in pre-market company raising its outlet, doubling its dividend, increasing its buyback plan. And I think that doesn't really express how huge this really is. So joining us now on Post 9 is the CEO of Bernova, Scott Strazing.Scott, [music] you know, I was blown away. My chapel trust owns it. We were looking at it and I didn't believe it. I didn't believe a ...

mara and riot competing against 105 eh/s of chinese hashrate running at $0.03/kwh that doesn't show up in any mining report. western miners paying $0.06+ for power trading at valuations that assume they control marginal production. they don't. china's 14% of global hashrate operates underground with 50% lower costs and zero compliance overhead. every difficulty adjustment erodes margins these stocks need to justify their multiples. ...

As companies these days are facing tighter margins, rising interest rates, and investor scrutiny, executives are realizing that understanding the numbers isn’t optional. It’s a leadership imperative. https://t.co/6Lfh8oqhee ...

Core Insights - The article discusses the importance of enabling Javascript and cookies in browsers to ensure proper functionality and access to content [1] Group 1 - The article highlights that users may face access issues if they have an ad-blocker enabled, suggesting the need to disable it for a better experience [1]

As companies these days are facing tighter margins, rising interest rates, and investor scrutiny, executives are realizing that understanding the numbers isn’t optional. It’s a leadership imperative. https://t.co/6Lfh8oqhee ...

Funstrat's Tom Lee. He joins me now. It's good to see you as always.Welcome back. >> Great to see you, Scott. >> I'm going to take issue like I did last time with an a comment that you gave to our producers, Tom.You think it's still the quote most hated rally. I I just don't know how that still holds water given where we are. I mean, I I I interview people all day every day.I've got no bears around. Well, um I mean maybe some of the bears have gone to hiding Scott, but because the last time we talked, I wan ...

Why don't we start off with Amazon. So if you read a lot of analyst notes, talked to a lot of people, they always a lot of talk about Amazon losing market share when it came to cloud, specifically when it came to AI workloads. Does this just end that narrative or is that still an issue for the company.>> I think it does put the narrative to rest. There was a lot of noise about DEL in of the M AWS revenues, but obviously this number as well as them turning Project Reneer on tells you that the order book is v ...

Financial Data and Key Metrics Changes - Profit before tax, excluding treasury, grew by 9.1% year-on-year to INR 161.64 billion in Q2 FY26 [2][18] - Core operating profit increased by 6.5% year-on-year to INR 170.78 billion [2] - Profit after tax grew by 5.2% year-on-year to INR 123.59 billion [3][18] - Average deposits grew by 9.1% year-on-year and 1.6% sequentially [3] - Net interest income increased by 7.4% year-on-year to INR 215.29 billion [13] - Non-interest income, excluding treasury, grew by 13.2% year-on-year to INR 73.56 billion [15] Business Line Data and Key Metrics Changes - Domestic loan portfolio grew by 10.6% year-on-year [3] - Retail loan portfolio grew by 6.6% year-on-year [3] - Business banking portfolio grew by 24.8% year-on-year [4] - Mortgage portfolio grew by 9.9% year-on-year [6] - Auto loans grew by 1.4% year-on-year [6] - Personal loans declined by 0.7% year-on-year [6] Market Data and Key Metrics Changes - Average current and savings account deposits grew by 9.7% year-on-year [3] - Total deposits grew by 7.7% year-on-year [3] - The net NPA ratio improved to 0.39% from 0.41% in the previous quarter [4] Company Strategy and Development Direction - The strategic focus remains on growing profit before tax through a customer-centric approach [2] - The company aims to maintain a strong balance sheet and prudent provisioning while delivering sustainable returns [5] - Continued investment in distribution and capacity allocation to higher growth opportunities is emphasized [24] Management Comments on Operating Environment and Future Outlook - Management is positive on growth outlook, noting that growth has picked up across retail portfolios [24] - Corporate India is well-funded, and banks are one of many funding sources [25] - Margins are expected to remain range-bound due to various market dynamics [26][27] Other Important Information - The capital position remains strong with a CET1 ratio of 16.35% [5] - Total provisions during the quarter were INR 9.14 billion, reflecting healthy asset quality [17] Q&A Session Summary Question: Is there visibility on growth acceleration? - Management noted that growth has picked up and is positive on the outlook, but did not provide a specific year-end loan growth number [24] Question: Comments on corporate loan growth environment? - Management indicated that corporate India is well-funded and banks are just one of the funding sources [25] Question: Will margins improve or stay stable? - Margins are expected to be range-bound, with some deposit repricing anticipated [26][27] Question: Insights on Kasa market share growth? - Management highlighted steady distribution expansion and digital platforms as key drivers for Kasa growth [30][32] Question: Thoughts on capital adequacy and payout ratios? - Management emphasized maintaining a strong balance sheet and leveraging capital for growth, with no specific plans on payouts [33][34] Question: Retail asset quality and slippages? - Management noted that retail slippages have improved, indicating a positive trend in asset quality [51][58]