Caterpillar reported a record $20.5 billion in sales and revenues for Q2 2026, a 24% increase from the previous year, driven by higher sales volume and favorable pricing. Profit per share rose significantly to $7.77, reflecting strong operational performance and improved profit margins across its main segments: Power & Energy, Construction Industries, and Resource Industries. The company also returned $2.2 billion to shareholders through stock repurchases and dividends, supported by robust cash flow and a healthy balance sheet. This milestone underscores Caterpillar's expanding market momentum and positions it well for continued growth.
Wall Street is expected to start August mostly higher with Dow Jones futures up 1% and S&P 500 gaining 0.5%, while Nasdaq futures remain flat following a recent tech rebound. Last month, technology stocks struggled, notably the Philadelphia Semicondu...
Palantir Technologies' stock has fallen about 30.5% in 2026, dropping from $177 to around $123 by early August, strengthening Michael Burry's large short position against the company. Despite Palantir's strong revenue growth of 85% year-over-year and...
U.S. markets ended last week higher as the Federal Reserve held interest rates steady, despite some dissent. This week features key economic data including Friday's July jobs report and manufacturing activity, alongside major earnings from SpaceX, AM...
As August begins, the market outlook is cautiously optimistic with expectations that macroeconomic factors will regain focus after the earnings season's idiosyncratic volatility fades. Key upcoming events like July's CPI, PCE data, and the Jackson Ho...
