UPS and FedEx shares sank Monday after Amazon announced it was opening up its supply chain network to outside companies. Both stocks fell 10% in midday trading.
Source: https://www.cnbc.com/2026/05/04/ups-fedex-amazon-logistics.h…
International equities experienced a prolonged period of under-performance (2009-2024), challenging investor conviction in global diversification. 2025 witnessed a surge from rock-bottom valuation, leading IDV to breach a 17-year trading range. Strong momentum, and continuing under-investment may signal a ‘1982 moment.’ Reassessing portfolio allocations to international markets may be warranted as relative value and mean reversion dynamics come into focus.
With fewer Fed cuts ahead, investors can focus on four cash-flow growers, Interface, Pursuit Attractions, Great Lakes Dredge & Dock and Natural Gas Services Group.
Coke’s fourth-quarter earnings per share did edge past consensus by two cents, but its revenue fell short of expectations.
