• CAT
• CMI
• ETN
• ITW
• PCAR
• PH
• TKR
• URI

Industrials and Machinery ratings adjusted at Evercore post-election

Evercore ISI upgrades several industrial stocks post-election, anticipating growth from Trump policies while downgrading others due to high valuations and risks, advocating for selective investments.

• CAT

Earnings call: Caterpillar reports decline in Q3 sales, steady margins

Caterpillar reports a 4% decline in Q3 2024 sales but maintains strong profit margins and free cash flow, indicating resilience and long-term growth potential amid market challenges.

• AMD
• BG
• BIIB
• CAT
• EL
• GOOGL
• HUM
• LLY

Alphabet, Biogen, Humana rise premarket; AMD, Eli Lilly fall

US stock futures rise slightly as earnings reports come in. Notable movers include Alphabet up 6.5% and AMD down 8%. Several companies reported mixed results.

• CAT

Caterpillar stock drops as earnings, revenue miss estimates

Caterpillar missed Q3 earnings and revenue expectations, leading to a 5.3% drop in shares, despite increased profits from its financial services unit.

• CAT

Caterpillar cuts annual sales forecast on slowing demand, shares fall

Caterpillar anticipates lower full-year revenue due to decreased machinery demand, high inflation, and rising costs, while maintaining profit margin expectations despite missing quarterly earnings estimates.

• CAT

Caterpillar earnings missed by $0.18, revenue fell short of estimates

Caterpillar reported Q3 EPS of $5.17, below estimates, with $16.1B revenue. Stock up 20.77% in 3 months, 71.43% in 12 months; financial health rated great.

• 1YMZ24
• ABBV
• AMD
• CAT
• CL
• DJI
• ESZ24
• GOOG
• IXIC
• LCO
• LLY
• NQZ24
• US500

Alphabet and AMD report, more earnings and GDP ahead - what's moving markets

US stock futures rise ahead of corporate earnings and economic data, with Alphabet's solid results contrasting AMD's disappointing forecast. Oil prices also gain as US inventories drop unexpectedly.

• AA
• CAT
• DDOG
• EL
• ETSY

Street calls of the week

Wall Street analysts downgraded Caterpillar, Etsy, and Estee Lauder, but upgraded Alcoa and Datadog, citing pressures, growth potentials, and risk/reward scenarios for the respective stocks.

• BA
• CAT
• CCL
• CEG
• CL
• CRM
• DJI
• EUR/USD
• GC
• HON
• IBM
• IXIC
• LCO
• NCLH
• NRG
• RCL
• US500
• USD/JPY
• VIX
• VZ

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.03%

U.S. stocks rose on Wednesday, led by gains in Consumer Services and Healthcare, with key indices hitting new highs. Norwegian Cruise Line and IBM stood out among top performers.

• AMZN
• APD
• BA
• CAT
• CL
• DIS
• DJI
• DX
• GC
• GNRC
• IBM
• IXIC
• LCO
• SNAL
• SRRK
• TRV
• TRVN
• US500
• USD/JPY
• VIX
• VTNR

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.94%