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The Marked Chart Wire · Business
UPS Earnings
UPS is set to report third-quarter results with expected earnings per share of $1.62 and revenue of $22.28 billion. Wall Street analysts have recently lowered their price targets for the company.
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UPS Earnings
United Parcel Service reported third-quarter revenue of $22.85 billion, exceeding expectations. The company lifted its fiscal 2026 revenue outlook to approximately $92.6 billion and adjusted EPS to $7.28.
Novartis
Novartis booked $2.2 billion in charges for failed drugs, causing reported operating income to drop 61 percent. Core income rose 10 percent, prompting the company to lift its full-year profit forecast.
HotMeta
The company priced its new Class A stock issuance at $625 per share, raising $25 billion in total.
HotDeals
Nvidia pledged $3 billion to Meta Platforms, which intends to secure $95 billion for AI data centers. The two firms will also expand cooperation on new processors and AI agents.
Royal Caribbean
The cruise line posted third-quarter adjusted earnings of $6.57 and raised its 2026 profit outlook. It also agreed to purchase half of Sandals and Beaches Resorts.
Coca-Cola
Coca-Cola reported third-quarter revenue of $13.4 billion and adjusted earnings per share of $0.91, both beating estimates. The company raised its full-year adjusted EPS growth target to at least 11 percent and free cash flow guidance to at least $13 billion.
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