2026 outlook

$UPS faces 2026 headwinds from Middle East conflict, rising purchased transportation costs, and reduced SMB delivery volumes amid tariff pressures.

JPMorgan predicts Bitcoin will rebound in 2026 after early-year losses, driven by $88 billion in spot ETF holdings attracting institutional capital despite current market weakness.

On Holding shares fell 7.46% after Q4 earnings beat despite weak 2026 revenue guidance of $4.3B, missing $4.6B consensus analyst forecast.

DraftKings and Booking Holdings, down significantly in 2024, show recovery potential with 50%+ upside. Analysts cite improved profitability and operational execution as catalysts for growth ahead.

Stantec reports record $6.5B revenue, 10.7% YoY growth, and hits margin targets one year early. Strong backlog and dividend increase signal confidence.

SM Energy raises dividend 10% and boosts buybacks post-merger. 2026 capex cut 14% to $2.65-2.85B while divesting $950M assets for debt reduction and shareholder returns.

Ford reports $11.1B Q4 loss due to $900M tariff costs and aluminum supply disruptions, though revenue beat expectations. Company projects 2026 recovery.

Douglas Dynamics achieved 15% revenue growth and 52% EPS surge in 2025, driven by favorable winter weather and operational efficiency. Company expects continued momentum in 2026.

S&P 500 up 70% but elevated valuations and midterm election year patterns raise 2026 correction concerns for investors despite historical bull market resilience.

Targa Resources posts record 2025 results and projects continued growth for 2026, solidifying its position as a leading North American midstream infrastructure provider.

CNH Industrial beat Q4 revenue expectations but slashed 2026 earnings guidance to 35-45 cents per share amid weak agricultural demand and low crop prices.