Earnings Reports - Wall Street anticipates Deere & Co. to report quarterly earnings of $3.85 per share on revenue of $9.85 billion [2] - HP Inc. reported quarterly earnings of 93 cents per share, exceeding the analyst estimate of 92 cents, with revenue of $14.6 billion, surpassing the street estimate of $14.48 billion [2] - Li Auto Inc. is expected to post quarterly earnings of 4 cents per share on revenue of $3.76 billion [2] - Dell Technologies reported mixed financial results but raised its full-year revenue outlook to between $111.2 billion and $112.2 billion, up from a previous range of $105 billion to $109 billion [2] - NetApp Inc. reported better-than-expected second-quarter financial results and raised its FY26 adjusted earnings guidance [2] Stock Performance - HP shares declined by 4.7% to $23.18 in after-hours trading following the earnings report and weak forward guidance [2] - Dell shares gained 3.89% to $130.82 in after-hours trading after raising its full-year outlook [2] - NetApp shares increased by 4.78% to $116.81 in after-hours trading [2] - Li Auto shares surged by 1.31% to $18.56 in after-hours trading [2]

For the quarter ended October 2025, Titan Machinery (TITN) reported revenue of $644.51 million, down 5.2% over the same period last year. EPS came in at $0.05, compared to $0.07 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $581.87 million, representing a surprise of +10.77%. The company delivered an EPS surprise of +113.89%, with the consensus EPS estimate being -$0.36.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Economic Indicators - Retail sales for September are expected to show a month-over-month increase of 0.4%, indicating a healthy consumer environment, while core retail sales are estimated at 0.3% [3][4] - The Producer Price Index (PPI) is anticipated to show a headline CPI of 0.3% and core CPI of 0.2%, which would be a positive sign for inflation trends [4][5] Market Activity - The trading volume in E-Mini S&P 500 futures is low, with over 500,000 contracts traded, suggesting a light trading week due to the holiday [6][8] - Volatility is expected to remain elevated, with the S&P 500 testing the 20-week moving average and potential resistance at the 50-day moving average of 5,712 [7] Company Earnings - Key earnings reports to watch include Alibaba, which is expected to report soon, and Dell, which will report on Wednesday amid discussions about high memory prices [9][10] - Deere & Company is also highlighted, with recent trends showing a potential bullish crossover in its MACD, indicating a possible catch-up trade against its peer Caterpillar [12][13] Geopolitical Factors - Ongoing peace talks between Russia and Ukraine are affecting commodity prices, particularly crude oil, which saw a recent decline but is now trading flat [17][20] - The EU's concerns about concessions to Russia in the peace deal could impact energy markets, with low inventory levels in the U.S. for diesel and gasoline [20][21]

Group 1 - Deere & Company (NYSE:DE) is highlighted as a stock with resilience, described as "made of Teflon," indicating its ability to withstand market fluctuations [1] - The company operates in the farming sector, which is historically supported by government subsidies during tough times, benefiting sales of farm equipment [1] - Recent declines in commodity prices raise questions about their impact on Deere's sales, suggesting a cautious approach to investment in the stock [1] Group 2 - Deere & Company manufactures a range of equipment including farming, turf, construction, and forestry machinery, along with supporting parts and tools [2]

Group 1: Trade Negotiations - The EU and US are set to restart trade negotiations after a two-month pause to address unresolved issues in their tariff deal from July [1][2] - High-level meetings will take place in Brussels involving US commerce secretary Howard Lutnick, trade representative Jamieson Greer, EU ministers, commissioners, and industry leaders [1][2] Group 2: Tariff Issues - Washington officials express frustration over the EU's slow implementation of the July deal, which is not legally binding and requires parliamentary approval [3] - Significant outstanding issues include the 50% tariffs on steel and aluminum, separate tariffs on steel-containing products, and food and drink levies [3] Group 3: Member State Concerns - Several EU member states, including France and Ireland, are advocating for the removal of the 15% tax on wine and spirits, which has impacted their exports [4] - The EU's trade commissioner and other officials will discuss the ongoing chip supply crisis from China during the meetings [4] Group 4: Industry Impact - Industry leaders, including those from Volkswagen and TotalEnergies, will participate in discussions, emphasizing the need to address the impact of steel derivatives on the trade deal [5] - The US has listed 407 products with steel elements facing separate tariffs, with plans to add 700 more products, causing significant challenges for exporters [5][6] Group 5: Strategic Alignment - The EU and US will explore aligning their domestic steel industries to protect against cheaper Chinese imports, with hopes that new anti-dumping proposals will lead to reduced tariffs on EU steel [7]

Core Insights - Deere & Company (DE) is set to report its fourth-quarter fiscal 2025 results on November 26, with earnings estimates showing a 12.9% decline year-over-year, while revenue estimates indicate a 7.7% increase [1][5] Earnings Estimates - The Zacks Consensus Estimate for Deere's earnings has decreased by 0.3% over the past 60 days to $3.96 per share, reflecting a downward trend [1][2] - The consensus estimate for revenues is projected at $9.99 billion, which represents a year-over-year increase of 7.7% [1] Earnings Surprise History - Deere has consistently beaten the Zacks Consensus Estimates in the last four quarters, with an average surprise of 9.7% [2][3] Earnings Prediction Model - The current model does not predict an earnings beat for Deere, with an Earnings ESP of 0.00% and a Zacks Rank of 4 (Sell) [4] Segment Performance Expectations - The Production & Precision Agriculture segment is expected to generate revenues of $4.27 billion, a decrease of 0.8% year-over-year, with an operating profit of $714 million, up 8.6% from the previous year [9] - The Small Agriculture & Turf segment's revenues are estimated at $2.11 billion, reflecting an 8.6% decline, with an operating profit of $124 million, down 46.9% year-over-year [10] - The Construction & Forestry segment is projected to have sales of $3.29 billion, indicating a 23.7% increase, but with an operating profit expected to decline by 2.7% to $319 million [11] - The Financial Services segment's revenues are estimated at $1.55 billion, a 2% increase, with an operating profit projected at $218 million, down from $231 million in the prior year [12] Market Performance - Deere's stock has increased by 10.4% over the past year, outperforming the industry growth of 5.8% [13] Industry Context - Deere is facing challenges due to weak farmer spending amid low commodity prices, which is expected to impact its fiscal fourth-quarter performance [7] - High production and administrative expenses are likely to affect the company's margins, although favorable price realization may mitigate some of these challenges [8]

Core Insights - AGCO, a global leader in agricultural machinery and precision ag technology, will participate in the UBS 2025 Global Industrials & Transportation Conference on December 2, 2025, featuring a fireside chat with CFO Damon Audia [1]. Company Overview - AGCO, founded in 1990 and headquartered in Duluth, Georgia, reported net sales of approximately $11.7 billion in 2024, offering a differentiated brand portfolio including Fendt®, Massey Ferguson®, PTx, and Valtra® [2]. - The company focuses on delivering value to farmers and OEM customers through its full line of equipment, smart farming solutions, and services aimed at sustainable agriculture [2]. Awards and Recognition - AGCO brands, specifically Fendt® and Valtra®, received significant awards at the AGRITECHNICA 2025 trade fair, highlighting the company's innovation and leadership in the agricultural sector [4].

Core Insights - AGCO, a global leader in agricultural machinery, received multiple awards for its brands Fendt and Valtra at the AGRITECHNICA 2025 trade show in Hanover, Germany, highlighting the company's commitment to innovation and sustainability in agriculture [2][9]. Awards and Recognitions - Fendt and Valtra were awarded the Tractor of the Year honors, along with three Farm Machine 2026 awards, recognizing their contributions to productivity and sustainability for mixed-fleet and forage farmers [2][9]. - The Fendt 516 Vario was recognized as the Tractor of the Year in the MidPower category, featuring advanced technologies such as VarioDrive, integrated tire pressure control, and enhanced support systems [4]. - The Valtra G Series CVT Active Model won the Tractor of the Year in the Utility category, noted for its comfort, precise operation, and fuel efficiency through its Continuously Variable Transmission (CVT) [5]. Innovative Products - Fendt's ForageQualityCam for Fendt Katana received the Innovation Award – Silver Medal and the Farm Machine 2026 Award for Smart Farming & Robotics, utilizing AI to monitor grain processing quality in real time [6]. - The Fendt 332 Vario was awarded the Farm Machine 2026 Award for Mid-Range Tractor and the Audience Choice Award, recognized for its full redesign and innovative features [7]. - FieldDataSync, a project involving Fendt, won the DLG Agrifuture Concept Award, enabling real-time communication between machines from different manufacturers, enhancing efficiency and safety in mixed-fleet operations [8]. Company Overview - AGCO, founded in 1990 and headquartered in Duluth, Georgia, reported net sales of approximately $11.7 billion in 2024, emphasizing its role in delivering value through a differentiated brand portfolio including Fendt, Massey Ferguson, and Valtra [10].

Core Viewpoint - Deere & Company is set to hold its fourth quarter 2025 earnings call on November 26, 2025, at 9:00 a.m. central time, where financial and operational performance will be discussed with analysts and investors [1]. Group 1 - The earnings call will be accessible via the company's website, and a recorded version will be available for a limited time afterward [2]. - Deere & Company emphasizes its long-standing role in supporting global food, fiber, fuel, and infrastructure production, highlighting its historical roots and ongoing innovation across various sectors [3]. Group 2 - The company has announced key leadership changes as part of its Smart Industrial Strategy aimed at delivering intelligent solutions [5].

Core Insights - CNH's brands, Case IH and New Holland, received recognition at the 2026 Farm Machine of the Year awards for their innovative agricultural machinery [1][3] Awards Overview - The Farm Machine of the Year awards are held biennially during Agritechnica, the leading agricultural trade fair in Hanover, Germany, featuring 13 categories judged by experts in agricultural technology [2] Case IH Achievements - The Case IH Optum® 440 won the 'Premium Tractor' category, featuring a powerful 8.7-liter engine and advanced technology for improved efficiency and data management [3][4] New Holland Achievements - The New Holland CX 8.90 PLMi was awarded in the "Combine Harvester" category, incorporating advanced connectivity and real-time data sharing capabilities [4] - The New Holland W170D Forage Power won in the "Material Handling" category, designed specifically for agricultural tasks with a 255 horsepower engine [5] - The New Holland ForageCam™ received recognition in the "Smart Farming & Robotics" category, utilizing AI for enhanced livestock feed processing [6][7] Company Profile - CNH Industrial is a global leader in equipment and technology, focusing on innovation, sustainability, and productivity across its brands, including Case IH and New Holland [8][9] - The company has a rich history of over two centuries in pioneering agricultural and construction equipment, employing over 35,000 individuals worldwide [10]