Tariffs
Search documents
Caterpillar Powers Up On Data Center Sales, Warns Of Bigger Tariff Bite
Investors· 2025-10-29 11:17
Group 1 - Caterpillar's power equipment sales for data centers significantly exceeded Q3 estimates, making it the top performer in the Dow Jones Industrial Average [1] - Despite strong sales, Caterpillar warned of a net tariff cost of $650 million in Q4, which could impact profits [1] - The overall market indexes showed a rebound, with the Dow Jones hitting record highs amid positive comments from Federal Reserve officials [4] Group 2 - Analysts have raised price targets for Caterpillar, contributing to its strong performance in the market [4] - The stock market experienced volatility, with the Dow sinking while the Nasdaq performed worse, indicating mixed investor sentiment [4] - Caterpillar's relative strength rating jumped to 83, reflecting improved market perception [4]
Etsy taps insider as CEO, forecasts softer core sales amid tariff woes
Yahoo Finance· 2025-10-29 11:10
(Reuters) -Online marketplace Etsy named insider Kruti Patel Goyal as its new chief executive officer on Wednesday, succeeding Josh Silverman, who has spent over eight years in the role. Etsy's shares, which have gained about 40% so far this year, were down nearly 7% in early trading, after the company also forecast muted gross merchandise sales (GMS) - a key metric - for the fourth quarter. A long-time Etsy executive, Patel Goyal, will take the helm on January 1, at a time when online retailers and mark ...
X @Bloomberg
Bloomberg· 2025-10-29 09:31
US President Donald Trump says he threatened India and Pakistan with 250% tariffs to help spur the resolution of their conflict earlier this year.He says Indian PM Modi, the “nicest-looking guy,” became a “killer, tough as hell” in that moment https://t.co/Qg1zyYVLDe https://t.co/aQN4WqZeOl ...
X @Bloomberg
Bloomberg· 2025-10-29 09:30
Japan and South Korea have both been pressured by Washington to commit to investing hundreds of billions of dollars in the US in exchange for lower tariffs. Here's what to know https://t.co/2qOeW39hP6 ...
X @The Wall Street Journal
The Wall Street Journal· 2025-10-29 08:35
The Senate voted 52-48 to approve a measure blocking President Trump’s tariffs on Brazil, with a handful of Republicans siding with Democrats in rebuking a central piece of the White House’s economic agenda https://t.co/fHrBjodQR2 ...
Adidas sales decline in North America as Yeezy impact and tariffs bite
Yahoo Finance· 2025-10-29 08:33
By Linda Pasquini and Helen Reid (Reuters) -Adidas' group sales dipped 5% in North America in the third quarter, weighed down by the end of the popular Yeezy sneaker line last year and a volatile global environment affected by U.S. tariffs. Global revenues, meanwhile, grew 3% to hit 6.63 billion euros ($7.73 billion) - a record, according to CEO Bjorn Gulden. Adidas has sought to put the Yeezy affair behind it since ending the highly profitable partnership with the brand's designer - the rapper Ye, form ...
X @Bloomberg
Bloomberg· 2025-10-29 08:22
Aston Martin reviews models amid tariffs, while GSK and Next lift guidance -- get briefed ahead of your morning calls with The London Rush https://t.co/zSpC6BCmVG ...
Trump Threatened 250% Tariffs on India, Pakistan
Bloomberg Television· 2025-10-29 08:04
If you look at India and Pakistan. So I'm doing a trade deal with India and I have great respect and love, as you know, for Prime Minister Modi, we have a great relationship. Likewise, the Prime Minister of Pakistan is a great guy, a field marshal. They have a field marshal, you know, He's a great fighter.He really is. He's a great guy, too. And so I know them all.And I'm reading that seven planes were shot down. They're going at it and they're really starting to go. And it's a big thing.These are two nucle ...
X @Bloomberg
Bloomberg· 2025-10-29 07:20
Aston Martin is putting its future model plans under review to lower costs, with US tariffs hitting the British carmaker https://t.co/qWB9Whm9Zg ...
Trump’s Tariffs Could Hit U.S. Oil and Gas With $50 Billion in Project Delays
Yahoo Finance· 2025-10-29 06:34
The tariff offensive that President Trump is leading against trade partners across the world will deal a blow to the oil and gas industry next year, according to a report by Deloitte. The consultancy, as quoted by Reuters, noted that the oil and gas industry relies on international supply chains that stand to be affected by tariffs, leading to cost increases of between 4% and 40% for various materials and components such as steel and piping. The U.S. oil and gas industry already warned about the adverse ...