MetLife reported a rise in fourth-quarter adjusted profit on Wednesday, as the insurer was helped by a stronger return on its investment portfolio. ...

The U.S. Federal Reserve announced on Wednesday it would not adjust large bank capital levels during the 2026 stress testing cycle, as the central bank considers several changes to the annual exercise aimed at boosting transparency. ...

Core Insights - Corpay reported an increase in fourth-quarter profit, driven by strong business spending that positively impacted its corporate payments segment [1] Company Performance - The rise in profit indicates resilience in the corporate payments sector, suggesting a robust demand for business payment solutions [1]

Core Viewpoint - Snap has forecasted first-quarter revenue below Wall Street estimates, indicating increased competition for digital advertising from larger rivals like Meta-owned Facebook and Instagram [1] Group 1 - Snap's revenue forecast for the first quarter is lower than expected, reflecting challenges in the digital advertising market [1] - The competition for digital advertising dollars is intensifying, particularly from major players such as Facebook and Instagram [1]

Core Viewpoint - Arm Holdings forecasts fourth-quarter revenue above Wall Street estimates, driven by demand for its energy-efficient chip designs used in artificial intelligence applications from data centers [1] Group 1 - Arm Holdings is experiencing increased demand for its chip designs, particularly in the artificial intelligence sector [1] - The company's fourth-quarter revenue forecast exceeds Wall Street expectations, indicating strong market performance [1] - The growth in revenue is attributed to the rising need for energy-efficient technology in data centers [1]

Core Insights - Elf Beauty raised its annual sales and profit forecasts after exceeding Wall Street estimates for third-quarter results [1] - The strong demand for affordable cosmetics persisted despite rising economic and tariff uncertainties [1] - Following the announcement, shares of Elf Beauty increased by approximately 12% after market close [1] Financial Performance - The company reported third-quarter results that surpassed Wall Street expectations [1] - The updated forecasts indicate a positive outlook for both sales and profits for the upcoming year [1] Market Reaction - The stock price experienced a significant increase of about 12% after the earnings announcement [1]

Alphabet said on Wednesday it was targeting capital expenditure of $175 billion to $185 billion this year, in yet another aggressive ramp-up in spending from the Google parent as it deepens its invest... ...

Group 1 - Qualcomm forecasts second-quarter revenue and profit below Wall Street estimates [1] - The company expects a global memory supply shortage to impact mobile phone sales [1]

Core Insights - KFC's parent company in China has reported significant growth in its digital loyalty programs, with membership exceeding 590 million, which accounts for more than 40% of the country's population [1] Company Summary - The aggressive expansion of KFC's digital loyalty programs indicates a strong engagement strategy aimed at enhancing customer retention and driving sales [1] - The membership figure of over 590 million highlights the company's substantial market penetration and potential for further growth in the digital space [1] Industry Summary - The growth in digital loyalty programs reflects a broader trend in the fast-food industry towards digital engagement and customer loyalty initiatives [1] - The statistic of over 40% membership in the digital loyalty program suggests a competitive advantage for KFC in the Chinese market, positioning it favorably against other fast-food chains [1]

Core Insights - Target Corp's new CEO, Michael Fiddelke, acknowledged that the company has lost trust with both shoppers and employees, emphasizing the need to rebuild these connections [1] Company Summary - The appointment of Michael Fiddelke as CEO marks a pivotal moment for Target Corp as he aims to restore trust among customers and staff [1]