Tariff war escalates, with over 40% of planned tariffs now in place, hitting US consumers & businesses with $160B added costs. Stocks shrug, but for how long?
It doesn’t grab the same headline space as inflation or jobs, but manufacturing’s still a really important economic indicator with the juice to move stocks over the medium- and long-term.
Elliott Investment Management made several portfolio moves in the fourth quarter, closing multiple options positions and shaking up the activist firm's technology exposure.
Deere said that sales in its production and precision agriculture segment decreased by 37% to $3.67 billion for the quarter, while sales in the small agriculture and turf segment fell by 28%.
Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting concerns over persistent inflationary pressures.
Wall Street expects Deere to report first-quarter (Q1) earnings per share of $5.84 and revenue of $11.19 billion. The company has topped market expectations in eight out of the last eight quarters.
