lizzie evans, thank you. >>> a lot more to come on "worldwide exchange," and including the one word that investors need to know today, but first, more on the big money movers and our next guest sees the rocky report as a upon buying opportunity. >>> plus, apple's biggest chinese rival with the big sale of its own. >>> later on, the technical tape on where stocks go after the supersized fed rate cuts. katie stockton says it may be time to get more defensive. a very busy hour still ahead when "worldwide exchange" returns after this commercial break. >>> welcome back. time now for one of the big money movers. fedex shares falling to the tune of 13% as they missed the forecast and expects sales growth in the low single digit percentage range as the demand is muted. for more, let's bring in david vernon for transportations at bernstein. david, thank you for joining us this morning. take us through the reaction and whether or not it is too much or too little given the story you heard from fedex yesterday. >> sure. thanks for having me. i think the reaction is a little bit overdone. they did br