Caterpillar Inc. beat Q4 earnings estimates with a profit per share of $5.78, but revenue fell 5% year-on-year due to lower sales volumes. The stock dropped over 4% post-earnings.
Caterpillar Inc. warned that revenues will be “slightly lower” in 2025 as demand concerns weigh on the outlook of the heavy equipment maker.Most Read from BloombergManhattan’s Morning Commute Time ...
Sales of construction equipment dropped 8% to $6 billion from lower prices and volumes. Mining equipment sales were down 9% at $2.96 billion on lower volumes, while the engine and transportation ...
BitMEX co-founder Arthur Hayes forecasts a significant correction in Bitcoin’s (CRYPO: BTC) price to $70,000-$75,000, followed by a potential surge to $250,000 by year-end, amid growing market ...