Today, analysts Isaac Pino and Blake Bos dissect FedEx's recent earnings call and distill exactly what investors should care about from the presentation.

Overall, the company has announced some ambitous plans to save money and up its competitive edge against UPS, which includes a big move to cloud computing, a more modern air fleet, and a voluntary buyout program.

Overall it's a strong announcement from management today that investors should be happy to hear.

FedEx is just one company that's relying more on cloud computing for big cost savings, and that's good news for one surprising company: We'll tell you why this shift is driving Amazon's growth, and how to know when to buy and sell this company today, in our new premium report. This report also has you covered with a full year of free analyst updates to keep you informed as Amazon's story changes, so click here now to read more.