Deere & Company reported a Q3 net income of $1.379 billion, surpassing last year's $1.289 billion, driven by strong sales in Small Agriculture & Turf and Construction & Forestry segments despite a slight decline in Production & Precision Agriculture. The company raised its full-year net income guidance to $4.75-$5 billion, citing stable U.S. markets and improving order trends signaling 2026 as the bottom of the agricultural equipment cycle. Deere's diversified portfolio and adoption of advanced technologies position it well for long-term growth amid mixed global market conditions.
Caterpillar's stock has risen 118.16% over the past year, driven by a surge in data center capital spending, record backlog, and margin expansion. The company reported a historic Q2 with $20.54 billion revenue, 24% growth year-over-year, and a backlo...
Swiss-based Gravis Robotics secured a $200 million Series A funding round led by SoftBank, marking the largest investment in construction robotics history and valuing the company at $1 billion. Gravis develops the Gravis Rack, an AI control kit that ...
Next week, key retail earnings from Walmart, Target, and Home Depot will provide insights into the health of the U.S. consumer amid high borrowing costs and a slow housing market. Home Depot's report will highlight home improvement demand, Target's w...
