Core Viewpoint - Grab (GRAB) is expected to report fourth-quarter 2025 results on February 11, with a consensus estimate shifting from a loss of one cent to a profit of one cent per share, and sales projected to increase by 22.2% year-over-year to $933.37 million [1][7]. Financial Performance - Grab's earnings have underperformed the Zacks Consensus Estimate in two of the last four quarters, meeting expectations twice, with an average miss of 29.2% [2]. - In the third quarter of 2025, Grab reported earnings of 1 cent per share, missing the consensus estimate by 67%, while revenues of $873 million missed by 1% but increased by 21.9% year-over-year [6]. Revenue Drivers - The anticipated growth in total revenues for the fourth quarter is expected to be driven by an increase in deliveries, with delivery revenues estimated at $491.79 million, reflecting a 20.8% increase from the previous year [3]. - The mobility segment is projected to generate revenues of $341.46 million, a 21.1% increase year-over-year, while financial services revenues are expected to reach $98.88 million, marking a 33.6% rise [4]. Cost Management - Grab's cost-cutting initiatives are likely to have reduced expenses, contributing positively to bottom-line performance, although high inflation may have negatively impacted results [4][7]. Earnings Prediction Model - The current model does not predict an earnings beat for Grab, as it has an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold) [5].

Core Viewpoint - United Parcel Service, Inc. (NYSE:UPS) has shown modest growth in its stock price, with a 2.85% increase over the past year and a 15% increase year-to-date, indicating a stable performance in the logistics sector [2]. Financial Performance - UPS reported fourth quarter revenue of $24.5 billion, surpassing analyst estimates of $24 billion, demonstrating strong financial results [2]. - The company's profit per share was $2.38, exceeding the expected $2.20, further highlighting its financial strength [2]. Analyst Insights - Evercore ISI raised UPS's share price target to $113 from $94, maintaining an In Line rating, suggesting confidence in the company's future performance despite potential revenue deceleration in the US [2]. - The growth in exports to China is expected to counterbalance any slowdown in domestic revenue, indicating a strategic focus on international markets [2]. Strategic Focus - The CEO of UPS emphasized a commitment to profitability by reducing low-cost deliveries for Amazon, which may enhance overall margins [2]. - Jim Cramer noted the consistency of UPS as an investment, highlighting its stable dividend policy, which has not been cut [3].

Core Viewpoint - FedEx shares have continued to rise in the new year following upgrades from analysts, indicating positive market sentiment ahead of the company's upcoming investor day [1] Group 1: Analyst Upgrades - Wells Fargo upgraded FedEx from hold to buy and significantly raised the price target from $295 to $380, reflecting strong confidence in the company's future performance [1] - Analysts expect FedEx to announce "solid" multiyear financial targets during its investor day scheduled for February 12 [1] Group 2: Market Context - The overall market is experiencing fluctuations, with futures falling and various sectors, including technology and delivery stocks, being closely monitored [1] - FedEx's stock performance is highlighted as it achieves an 80-plus relative strength rating benchmark, indicating strong relative performance compared to peers [1]

Earnings Reports - Boeing (BA) reported a Q4 loss of -$1.91 per share after excluding a one-time sale of Digital Aviation Solutions for $10.55 billion, with revenues up +57% year over year to $23.95 billion [1] - UnitedHealth (UNH) beat earnings estimates by 2 cents at $2.11 per share, but revenues fell slightly by -0.04% to $113.22 billion, leading to a pre-market share drop of -15% [2] - General Motors (GM) exceeded earnings expectations with $2.51 per share, a +14% beat, and reported quarterly revenues of $45.29 billion, down -1.83%, while announcing a +20% increase in dividends [3] - United Parcel Service (UPS) posted earnings of $2.38 per share on revenues of $24.48 billion, beating estimates by +7.2% and +1.95% respectively, although shares were trading modestly down after initial gains [4] Market Expectations - January Consumer Confidence is anticipated to be reported at 90, slightly above the previous month's 89.1, but still below the 100 points average seen over the past four years, reflecting consumer strain from a delicate labor market and policy shifts [5] Upcoming Earnings - Texas Instruments (TXN) is expected to report Q4 earnings with flat year-over-year growth but a +10.7% increase in revenues, continuing a streak of eight consecutive quarterly earnings beats, with the stock up +13% since the start of the year [6]

Core Viewpoint - United Parcel Service (UPS) has shown signs of recovery, making it an attractive investment opportunity despite concerns about its high dividend yield potentially being a yield trap [2][4]. Financial Performance - UPS experienced record highs in sales and profitability during the early pandemic e-commerce boom, but has since faced challenges such as higher labor costs, softening demand, and tariffs impacting its financial performance [4]. - The company has increased its dividend modestly, resulting in a current ultra-high forward dividend yield of 6.6% [4]. - The dividend payout ratio stands at 87%, but recent developments suggest that the dividend is secure [5]. Stock Performance - As of the latest data, UPS shares are priced at $101.02, with a market capitalization of $86 billion and a gross margin of 18.48% [7]. - The stock has been trending higher since October, following better-than-expected Q3 2025 results [7][8]. Future Outlook - UPS is focusing on cost-cutting measures and shifting towards higher-margin customers in sectors like healthcare [8]. - Wall Street analysts project a conservative earnings growth of 4% for the next year, but there is potential for the stock to rally if UPS continues to exceed expectations [8][9]. - The stock may also experience a rerating as investors could be willing to pay more, aligning its valuation closer to competitor FedEx's forward P/E of 16 [9].

Core Points - An Italian logistics subsidiary of Amazon has settled an investigation into tax fraud and unlawful labor practices by paying €180 million ($210 million) and shutting down a monitoring system for delivery workers [1][2] - The investigation, led by Milan prosecutors, revealed that the subsidiary allegedly bypassed labor and tax obligations by using cooperatives and limited liability companies to provide drivers, which reduced value-added tax liabilities and social security contributions [2][3] - The total recoveries from similar investigations into outsourcing models and workforce management across various companies have exceeded €1 billion since 2023 [2] Company Actions - Amazon has clarified its position with relevant authorities, stating that its collaboration model with delivery partners meets high standards, and has improved compliance across the industry [3] - The company is planning to expand its own national delivery operations and potentially reduce reliance on the US Postal Service due to stalled negotiations over a new shipping agreement [4][5] - Amazon sought a new deal with USPS to secure more favorable rates and establish higher minimum parcel volumes [5]

Core Insights - United Parcel Service (UPS) shares are yielding above 7% based on its quarterly dividend, which is annualized to $6.56, with stock prices as low as $93.59 on the trading day [1] - Historically, dividends have contributed significantly to the total return of the stock market, exemplified by the S&P 500 ETF (SPY) performance from 1999 to 2012, where dividends provided a positive total return despite a decrease in share price [1] - UPS is classified as an S&P 500 company, indicating its status as a large-cap company within the index [1] Dividend Analysis - Dividend amounts are generally unpredictable and fluctuate with the profitability of each company, making historical performance a key factor in assessing future dividend sustainability for UPS [2]

Market Overview - U.S. stocks traded higher, with the Dow Jones index gaining over 100 points, up 0.30% to 47,688.42, while NASDAQ rose 0.45% to 23,744.57, and S&P 500 fell slightly by 0.01% to 6,874.13 [1] - Information technology shares increased by 0.8%, while real estate stocks decreased by 2.1% [1] Company Performance - United Parcel Service Inc (UPS) reported third-quarter earnings of $1.74 per share, exceeding the analyst consensus estimate of $1.31 per share, and quarterly sales of $21.400 billion, surpassing the estimate of $20.832 billion [2] Commodity Market - Oil prices fell by 1.5% to $60.40, gold decreased by 1.9% to $3,942.30, silver dropped by 0.6% to $46.510, and copper fell by 0.7% to $5.1375 [3] International Markets - European shares were mostly lower, with the eurozone's STOXX 600 down 0.3%, Spain's IBEX 35 Index down 0.1%, London's FTSE 100 up 0.1%, Germany's DAX 40 down 0.2%, and France's CAC 40 down 0.2% [4] - Asian markets closed lower, with Japan's Nikkei 225 down 0.58%, Hong Kong's Hang Seng index down 0.33%, China's Shanghai Composite down 0.22%, and India's BSE Sensex down 0.18% [5] Stock Movements - Vsee Health Inc shares surged 235% to $2.07 after receiving U.S. Department of Health and Human Services authority to operate at the FedRAMP High level [7] - TEN Holdings Inc shares increased by 139% to $0.67, while 707 Cayman Holdings Ltd shares rose by 47% to $0.44 [7] - Co-Diagnostics Inc shares dropped 54% to $0.58 following a $7 million registered direct offering at $0.55 per share [7] - SMX (Security Matters) PLC shares fell 24% to $4.43, and OceanPal Inc shares decreased by 23% to $1.70 [7] Economic Indicators - The FHFA house price index rose by 0.4% month-over-month in August, while the S&P CoreLogic Case-Shiller 20-City Home Price Index increased by 1.6% year-over-year, slightly below market expectations of a 1.9% gain [8] - U.S. private businesses created an average of 14,250 jobs per week during the four weeks ending on October 11 [9]

Core Insights - DoorDash is expanding into new lines of business, indicating a strategic shift in its operational focus [1] - The delivery services market is becoming increasingly competitive, with overlapping services from various apps [1] - An analyst suggests that experimenting with new business models is a sign of a strong company [1] Company Developments - DoorDash's move into new business areas reflects its ambition to diversify and capture more market share [1] - The company is likely to face challenges as it navigates the competitive landscape of delivery services [1] Industry Trends - The overlap in delivery services among apps highlights a trend towards consolidation and competition in the delivery market [1] - The analyst's perspective emphasizes the importance of innovation and adaptability in the current market environment [1]

Financial Data and Key Metrics Changes - FedEx achieved structural cost reductions of $4 billion over the FY23 base, with $1.8 billion in FY24 and $2.2 billion in FY25 [13] - The company returned approximately $4.3 billion to shareholders in FY25 [13] Business Line Data and Key Metrics Changes - The company operated as "One FedEx" for the first time in FY25, indicating a unified operational approach [13] Market Data and Key Metrics Changes - FedEx secured over 3 million gallons of blended sustainable aviation fuel, marking the largest SAF purchase by a U.S. cargo airline at Los Angeles International Airport as of May 2025 [16] Company Strategy and Development Direction - FedEx is focused on achieving carbon neutrality in its operations and supporting the low-carbon transition in the transportation and logistics industry [16] - The company emphasizes vehicle electrification, sustainable energy for facilities, and a more fuel-efficient fleet [16] Management's Comments on Operating Environment and Future Outlook - The CEO highlighted the company's commitment to delivering exceptional service and exceeding customer expectations, which is crucial for expanding into new markets [13] - The legacy of the founder, Frederick W. Smith, was acknowledged, emphasizing the company's long-term vision and commitment to excellence [12] Other Important Information - The stockholder proposal for an independent board chairman was not approved [11] Q&A Session Summary Question: What has been done to improve emission reduction of FedEx aircraft since the 2024 annual meeting? - FedEx is implementing long-term actions and interim goals for carbon neutrality, focusing on vehicle electrification, sustainable energy, and sustainable aviation fuel [16] Question: What new aircraft will FedEx take delivery of between now and the 2026 annual meeting? - For information regarding planned future aircraft deliveries, stakeholders are directed to the Investor Relations website [17]