Canadian Pacific KC is choosing VIOLENCE: Q4 2025 earnings - 1.28.2026 (031)

Railroads are supposed to be the boring, steady heartbeat of the economy. But CPKC CEO Keith Creel apparently woke up today and chose violence, accusing his competitors of "drinking the merger Kool-Aid" regarding the potential UP-NS deal. On this episode of Earnings Unscripted, Susie and Miro unpack a quarter that was equal parts disciplined flex and aggressive gambling. 🚂💨We break down how a massive Canadian grain harvest masked weakness in the industrial economy, driving CPKC to a record-breaking 55.9% operating ratio. But the real story isn't the margins-it's the balance sheet. With the company slashing Capex by 15% and draining their cash reserves to under $200M to fund buybacks, they are officially running a "Ferrari with the fuel light on."Are they confident, or just reckless? Tune in as we discuss the pivot from "building" to "harvesting," the "Goliath" merger risks, and why Q1 2026 might be a white-knuckle ride for investors. 📉😬