Shares of FedEx (FDX) are tumbling this morning after the shipping giant's profit missed expectations and it lowered its full-year revenue forecast. FedEx was weighed down by its Express business, which saw demand decline from the U.S. Postal Service. In politics, the Colorado Supreme Court has ruled former President Trump is disqualified from being president and cannot appear on the state’s primary ballot because of the role it deemed he played in the insurrection at the U.S. Capitol in 2021. Yahoo Finance trending tickers include Affirm Holdings (AFRM), UPS (UPS), and Alibaba (BABA).

Key guests include:
9 a.m. ET - Richard Painter, Former Chief White House ethics lawyer in the George W. Bush administration
9:10 a.m. ET - Helane Becker, TD Cowen Senior Research Analyst
10:15 a.m. ET - Gil Luria, D.A. Davidson Managing Director
11 a.m. ET - Jeffrey Kleintop, Charles Schwab Chief Global Investment Strategist