2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E96: Adobe acquires Figma for $20B, TPB SPAC, FedEx CEO's recession warning, macro picture & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Fedex Stock Drops 25 as Much as 25 Percent

The fedex stock has dropped 25 as much as 25 percent as we're taping this is friday after the ceo um after a little I don't know if you saw the video I sent to the group chat, but Kramer Jim Kramer was kind of pushing him. Do you think there's a global recession? They missed on revenue and they have cut their predictions for next year severely And the stocks way downI think based on what I heard on CNBC from and reading some stories right before this breaking news is happening Some people think this is 60 40 market versus management But either way, I think the feds interest rates are doing their job and glass packages are being shipped because people are Chamath

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