Caterpillar is a leading manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. The company serves a diverse range of industries, offering products designed for various applications such as construction, agriculture, mining, and energy production. With a strong emphasis on innovation and sustainability, Caterpillar develops advanced machinery and technology solutions aimed at increasing productivity and efficiency for its customers. Additionally, the company provides extensive support services, including parts and maintenance, ensuring that clients can rely on their equipment for optimal performance over time. Read More
Economist Mohamed El-Erian is highlighting what he sees as a "fascinating" divergence in the quarterly earnings of two major American companies, AI-giant Palantir Technologies Inc. (NASDAQ: PLTR) and farm equipment maker Caterpillar Inc. (NYSE: CAT).
Crane and lifting equipment company Manitowoc (NYSE:MTW)
will be announcing earnings results this Thursday after market hours. Here’s what investors should know.
While monthly jobs reports often grab headlines, savvy investors are increasingly looking beyond employment figures to a broader array of economic indicators for a more nuanced understanding of market health. Two such crucial metrics, Personal Consumption Expenditures (PCE) inflation and the Chicago Purchasing Managers' Index (PMI), are currently providing critical
The financial markets are abuzz with renewed speculation regarding a potential interest rate cut by the Federal Reserve, following the release of a surprisingly weak July jobs report. This critical economic data, which revealed sluggish labor market growth and downward revisions to previous months' figures, has significantly altered the landscape
The second-quarter earnings season for 2025 is drawing to a close, revealing a complex and often contradictory landscape for Corporate America. While some sectors, particularly technology, have demonstrated remarkable resilience and growth, others have faced significant headwinds, painting a picture of a "mixed bag" amidst persistent market volatility. This period
Stocks slipped Tuesday as fresh economic data reignited stagflation fears on Wall Street, overshadowing a blowout quarter from Palantir Technologies Inc.
Construction equipment company Caterpillar (NYSE:CAT) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, but sales were flat year on year at $16.57 billion. Its non-GAAP profit of $4.72 per share was 3.7% below analysts’ consensus estimates.
