Deere & Company beat Q2 earnings estimates with EPS of $6.55 and revenue of $13.369 billion, driven by strong Small Ag and Construction & Forestry sales. However, Production & Precision Agriculture sales fell 14%, pressured by lower shipments and rising costs, including higher fertilizer prices linked to the Iran conflict. The company maintained its fiscal 2026 net income forecast of $4.5 to $5 billion but expects declines in large agriculture markets due to weak farmer sentiment and inflationary pressures. Deere also noted robust construction equipment demand supported by infrastructure spending.
Deere & Company reported Q2 earnings per share of $6.55 and net income of $1.77 billion, surpassing analyst expectations despite a 14% drop in large farm equipment sales. Total sales rose 5% to $13.37 billion, driven by strength in small agriculture,...
John Deere has partnered with SpaceX's Starlink to provide satellite connectivity for its agricultural equipment, enabling real-time monitoring and remote operations in areas lacking terrestrial network coverage. This partnership supports Deere's gro...
John Deere reported a net income of $1.773 billion for Q2 2026, slightly down from $1.804 billion the previous year, driven by strong performance in Small Agriculture and Construction & Forestry segments. Despite a 5% increase in worldwide net sales ...
The U.S. power grid faces a major transformation to support AI, electrification, reshored manufacturing, and infrastructure upgrades. Six ETFs—GRID, PAVE, IFRA, XLU, COPX, and NLR—each cover different layers of this multi-sector build-out, from smart...
The next AI boom is expected in embodied AI—robots and autonomous machines acting in the physical world. Five ETFs provide diversified exposure: BOTZ, ARKQ, and ROBO focus on robotics hardware like industrial automation and sensors, while ROBT and TH...
