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- UPS Raises Outlook as CEO Plans to Stay On to Oversee Union Talks
UPS raised its full-year financial guidance, expecting to benefit from high prices and resilient demand through the holiday season. CEO Carol Tomé intends to lead the company for at least two more years to negotiate a new labor deal with its unionized Teamsters drivers. Bloomberg's Lee Klaskow says UPS is shifting away from low-margin business-to-consumer packages tied to Amazon toward higher-margin areas such as data centers, healthcare, pharmaceuticals and automotive, with high-tech volumes up around 30% even as overall volume fell. UPS shares are up about 4% year to date, versus about 30% for FedEx and about 25% for DHL, and the stock is still seen as a show-me story amid restructuring and execution risks. The commentator also expects costs to go up in the coming negotiation, while the fuel-cost discussion in the article is cut off.
- UPS beats quarterly expectations, raises full-year guidance again
UPS reported third-quarter adjusted earnings of $1.69 per share, above the $1.63 expected, and revenue of $22.9 billion versus $22.29 billion expected. Net income was $1.16 billion, or $1.37 per share, down from $1.31 billion, or $1.55, a year earlier. The company raised its full-year consolidated revenue projection to about $92.6 billion from $91.2 billion and forecasts fourth-quarter revenue of $25.7 billion. Domestic revenue rose 4.5%, international revenue 7.1%, and supply chain solutions 18.2%, driven mainly by forwarding and logistics, including healthcare. CEO Carol Tomé said UPS is entering the holiday shipping season 'from a position of strength' with the most automated and efficient network in its history.
- UPS to Report Q3 Earnings: Should You Buy, Sell or Hold the Stock?
United Parcel Service (UPS) is scheduled to report its third-quarter 2026 results on October 27 before the market opens. The Zacks consensus estimates EPS of $1.63, down 6.3% year over year, and revenue of $22.23 billion, up 3.8%. UPS has beaten earnings estimates in each of the past four quarters, with an average surprise of 12.4%. The article attributes pressure to the Middle East conflict pushing up oil prices and fuel costs, and to UPS scaling back its Amazon business, which is expected to lower volumes about 5.4% year over year. Under its "Better, Not Bigger" strategy, UPS is focusing on profitability, cost cuts and automation.
- Ryder System, Inc. Q3 2026 Earnings Call Summary
- Karooooo ( KARO ) Q2 2027 Earnings Call Transcript
Karooooo (KARO) reported record quarterly operating profit of ZAR 422 million, up 19%, and subscription revenue grew 20% to ZAR 1,418 million. Total revenue reached ZAR 1,640 million, up 22%, with a record 94,516 net subscriber additions for the second quarter and total subscribers at 2,899,210. Subscription revenue grew 25% in South Africa and 25% in Asia on a constant currency basis, while logistics revenue rose 36% to ZAR 189 million on demand for quick-commerce delivery. Management maintained FY 2027 subscription revenue guidance of ZAR 5,700 million to ZAR 6,000 million, and invested ZAR 966 million in inventory as a buffer against rising RAM and memory prices, which weighed on free cash flow of ZAR 41 million for the quarter.
- UPS Rises 5% as Q3 Beat Lifts Full-Year Outlook; FedEx Inches Higher
UPS shares rose 5% to $105.01 in the afternoon session after the company reported third-quarter 2026 adjusted EPS of $1.69 and revenue of $22.85 billion, up 6.7% year over year, both above analyst expectations. UPS raised its full-year outlook, now expecting revenue of about $92.6 billion, and guided to fourth-quarter 2026 revenue of about $25.7 billion and adjusted operating profit of about $3.3 billion. The U.S. Domestic segment's operating margin rose 60 basis points to 7%, small and midsize business customers made up a record 35.1% of U.S. volume, and the International segment returned to year-over-year operating profit growth. Supply chain profit fell from a year earlier even as revenue grew, and a goodwill impairment tied to the segment weighed on reported results. The company expects its Efficiency Reimagined program to deliver nearly $3 billion in benefits this year, while FedEx (FDX) rose 2% to $306.15 and C.H. Robinson (CHRW) gained 0.6%.
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The S&P 500 has declined about 2.5% since hitting a record high on Oct. 6, raising the question of whether it is time to buy the dip. The article argues that consistent long-term investing is often more lucrative than waiting for the perfect moment, with the index delivering average annual returns of 9.98% since 1928 despite crashes, wars and economic crises. The Vanguard S&P 500 ETF (VOO) has returned an annualized 15.3% over the past 10 years and 14.94% over the 16 years since its inception. Citing Schwab research, the author notes that investing $2,000 per year as early as possible from 2005 to 2024 earned almost as much as investing at each year's lowest point, and suggests focusing on long-term plans instead of timing the market.
- Oracle Plans to Expand Multicloud AI Database Services to US Government and Public Sector Workloads
Oracle plans to obtain FedRAMP Class D (formerly FedRAMP High) certification for Oracle AI Database services offered through AWS, Microsoft Azure and Google Cloud. If achieved, it would let US government and public sector organizations run regulated Oracle AI Database workloads on Dedicated Exadata Infrastructure in AWS GovCloud (US), Microsoft Azure Government and Google Cloud Assured Workloads. Customers could buy the services through cloud marketplaces or qualified partners, keeping Oracle data closer to existing applications and AI services without managing a separate environment or billing account. Executives from Oracle, AWS, Microsoft and Google Cloud said the offering would help government customers modernize mission-critical applications while meeting compliance requirements.
- Is SpaceX Stock a Buy After Its Latest Earnings Report?
SpaceX posted third-quarter results on Oct. 20, with revenue up 161% year over year to $14.6 billion, beating estimates by $1.6 billion, and EPS of $0.35 beating consensus by $0.19 versus a loss of $0.36 per share a year earlier. Starlink generated 47% of revenue in the first nine months of 2026 and is the only profitable segment on a GAAP basis, while the SI (40%) and space (12%) segments remain unprofitable. Analysts expect 2027 revenue of $177.6 billion and net income of $51.8 billion, or $3.87 per share. At $150, the stock trades 11% above its $135 IPO price and at 38 times next year's earnings. The author would not go all-in at these levels but would consider a small starter position, while Elon Musk claims annual revenue could surpass $1 trillion by 2030.
- Why Anthropic's IPO contrasts the 'cult of Elon Musk' at SpaceX and Tesla
The SpaceX (SPCX) prospectus singles out Elon Musk as the key decision-maker, while Anthropic (ANTH.PVT), which could be the largest IPO ever, is run by a group of co-founders. Veteran dealmaker Jim Neeson of the Connor Group argues that this structure can avoid dependence on one person, though the founding group will hold majority control through new Class F stock and collectively own 50.1%. Anthropic's first-half 2026 revenue rose to $16.3 billion from $1.1 billion a year earlier, but the filing shows an $80.7 billion net loss driven by heavy AI spending. On an adjusted basis, it posted $1.62 billion in operating income over the first six months of 2026, versus a $1.85 billion loss a year earlier. Investment bankers reportedly target a listing valuation of $1.5 trillion to $2 trillion, with a debut possible before the end of November on Nasdaq under the ticker ANT.
- Tesla Stock Has Room to Run, If History Is Any Indicator
Tesla shares rose 3.8% to 406.51 in afternoon trading, marking a fifth win in the last seven days and their highest level since early July after clearing $390 resistance. The stock has also moved above its 200-day moving average, a 'crossover' that Schaeffer's senior quantitative analyst Rocky White says has happened 10 other times in the last 10 years, with shares higher one month later 80% of the time and averaging an 11.4% gain. Of 39 brokerages covering the stock, 25 maintain 'hold' or 'sell' ratings, and the consensus 12-month price target of $395.66 sits 2.8% below the current price. The article also notes that Tesla's Schaeffer's Volatility Index (SVI) of 22% is higher than just 14% of annual readings, which it says points to relatively affordable options premiums after post-earnings volatility has eased.
- Midterm elections: How affordability and the economy could impact voters
With the Nov. 3 midterm elections less than a week away, the article says affordability, including housing, groceries and gas, is emerging as a key issue for voters, with 66% of U.S. adults very concerned about housing costs, according to Pew. The median existing-home price was $417,500 in September, up 1.3% from a year earlier and nearly 54% above September 2019, while in 2024 22.7 million renter households (49%) spent more than 30% of their income on rent and utilities. The bipartisan 21st Century ROAD to Housing Act became law without President Trump's signature, and an MIT analysis cited in the article expects only modest short-run effects. Tax changes under the One Big Beautiful Bill Act remain a recurring campaign topic, with the average tax refund at $3,276 as of May 8, up from $2,939 in 2025, yet fewer than 10% of Americans rank taxes as the single most important election issue.
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