By Jon Nielsen Key highlights: Caterpillar shares surged as much as 12% to a record high following stronger-than-expected Q3 earnings. Energy and transportation sales climbed 17%, driven by growing demand from AI data centers and mining. Despite tariff headwinds and economic uncertainty, Caterpillar sees modestly higher sales heading into 2025. Caterpillar Inc. (NYSE: CAT) shares […]
Tag: EPS
By Marco Piccolo Key highlights: PayPal (PYPL) shares soared nearly 15% in premarket trading Tuesday after unveiling a partnership with OpenAI and posting stronger-than-expected Q3 earnings. The deal will integrate PayPal’s digital wallet into ChatGPT, using the Agentic Commerce Protocol (ACP) co-developed by OpenAI and Stripe. Q3 EPS: $1.34 vs. $1.21 expected; Revenue: $8.42B vs. […]
By Marco Piccolo Key highlights: Bernstein projects the ongoing crypto bull market will extend through 2027, surpassing the typical four-year cycle. Coinbase, Robinhood, and Circle are expected to be top beneficiaries, with significant price target upgrades. Broader adoption of crypto assets beyond Bitcoin, coupled with favorable U.S. policy and institutional interest, fuels the optimistic outlook. […]