Caterpillar stock rises as power equipment sales lift profits<\/h2>\n\nCaterpillar (CAT) stock rose 1.5% in premarket trading after its earnings showed it’s still a beneficiary of the AI data center build-out, but also that it expects to take another major hit from tariffs in 2026.<\/p>\n
The construction and mining equipment maker reported an adjusted profit of $5.16 per share for the quarter, up from $5.14 \u2060per share a \u200cyear earlier. Revenue rose to $19.1 billion from $16.2 billion. Those figures were above Wall Street’s expectations of $4.71 earnings per share and revenue of $17.7 billion, according to S&P Global Market Intelligence.<\/p>\n
The results were boosted by sales of power generation equipment to AI data center developers. Sales in Caterpillar’s power and energy segment rose 23% year over year to $9.4 billion.<\/p>\n
“I think what often gets overlooked is that AI is really an industrial story,” Gabelli Funds portfolio manager Brian Sponheimer told Yahoo Finance. “As this data center rollout has happened, … it’s created structural demand for industrial-grade power solutions, and no company is really as well situated to drive that supply than Caterpillar.”<\/p>\n
However, Caterpillar is still facing headwinds from higher tariffs. Reuters reported that Caterpillar warned of a $2.6 billion tariff impact in 2026. In the fourth quarter, operating profit fell 9%, largely due to unfavorable manufacturing costs.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n
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<\/div>\n<\/p><\/div>\n\n\n\nComcast sheds more broadband customers as wireless competition mounts<\/h2>\n\nMedia group Comcast (CMCSA) reported a loss in broadband customers in its fourth quarter earnings on Thursday. The decline missed analysts’ estimates and was driven by competitors offering consumers more cost-effective, aggressive offers.<\/p>\n
The stock edged higher before the bell on Thursday.<\/p>\n
Reuters reports:<\/p>\n
Read more here. <\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n<\/div>\n<\/p><\/div>\n\n\n\n
Premarket trending tickers: Las Vegas Sands, Royal Caribbean and Whirlpool<\/h2>\n\nLas Vegas Sands (<\/strong>LVS<\/strong>)<\/strong> stock fell as much as 10% during premarket trading. The casino operator’s adjusted earnings fell short of analyst expectations.<\/p>\nRoyal Caribbean (<\/strong>RCL<\/strong>)<\/strong> stock rose 6% before the bell on Thursday after the cruise operator’s 2026 earnings guidance beat Wall Street estimates.<\/p>\nWhirlpool (<\/strong>WHR<\/strong>) <\/strong>stock sank 10% during premarket hours today after reporting an unexpected decline in sales.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n<\/div>\n<\/p><\/div>\n\n\n\n
SAP shares plunge after cloud backlog, guidance disappoint<\/h2>\n\nSAP (SAP) stock fell 15% before the bell on Thursday after reporting a cloud backlog and posting disappointing guidance.<\/p>\n
The German firm said its cloud preorders reached $25 billion, but it missed analysts’ estimates by about 1%. The delay has been blamed on a few “mega deals” that are taking longer to get up and running.<\/p>\n
Reuters reports:<\/p>\n
Read more here. <\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n\n\n
Microsoft stock slips after Q2 earnings beat, cloud revenue tops $50 billion<\/h2>\n\nMicrosoft (MSFT) shares fell almost 7% before the bell as a solid quarterly earnings beat still left investors disappointed.<\/p>\n
Yahoo Finance’s Daniel Howley reports:<\/p>\n
Read more here.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n\n\n
Meta stock climbs after Zuckerberg says: ‘We are now seeing a major AI acceleration’<\/h2>\n\nShares in Meta (META) surged in premarket, up over 7% as investors welcome raised guidance for this year’s spending plans amid a Big Tech AI spending spree.<\/p>\n
\u201cWe are now seeing a major AI acceleration,” Mark Zuckerberg stated on Meta’s earnings call late Wednesday.<\/p>\n
That theme was consistent throughout Meta’s earnings call, as the CEO touted new AI models and products that the company is working on.<\/p>\n
Zuckerberg said that since the beginning of 2025, Meta has seen a 30% increase in productivity from its engineers due to the adoption of AI coding tools. The power users of those tools have seen their output increase by 80%, Zuckerberg said.<\/p>\n
\u201cWe\u2019re starting to see agents really work,” he added. “This will unlock the ability to build completely new products and transform how we work.\u201d<\/p>\n
Read more here.<\/em> on Meta’s earnings beat from Yahoo Finance’s <\/em>Daniel Howley<\/em>. <\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n\n\n
IBM stock surges as software revenue growth accelerates<\/h2>\n\nInternational Business Machines (IBM) stock surged 8% in premarket trading on Thursday after growth in the company’s software business drove 12% revenue growth for the fourth quarter.<\/p>\n
Revenue increased to $19.69 billion, beating forecasts of $19.21 billion, according to Bloomberg consensus estimates. Software revenue was up 14% in the quarter, Consulting revenue increased 3%, while Infrastructure revenue rose 21%.<\/p>\n
IBM has focused on its Hybrid Cloud and Red Hat software platforms, which have been primary drivers of the stock’s 30% gain over the past year.<\/p>\n
Earnings per share came in at $4.52, compared to estimates of $4.32.<\/p>\n
Read more from Reuters.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n\n\n
Oil climbs from four-month high as Trump ramps up Iran threats<\/h2>\n\nOil rose for a third day, building on historic highs after President Trump told Iran it would face US military attacks if it failed to agree a nuclear deal.<\/p>\n
Brent crude futures (BZ=F), the global benchmark, moved up 2.4% to nearly $69 a barrel, coming off the highest close since September on Wednesday, Meanwhile, US benchmark West Texas Intermediate futures (CL=F) jumped 2.6% to above $64.<\/p>\n
From Bloomberg:<\/p>\n
Read more here<\/em>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n\n\n
Asian shares mixed bag as region reacts to American Fed rate<\/h2>\n
Caterpillar (CAT) stock rose 1.5% in premarket trading after its earnings showed it’s still a beneficiary of the AI data center build-out, but also that it expects to take another major hit from tariffs in 2026.<\/p>\n
The construction and mining equipment maker reported an adjusted profit of $5.16 per share for the quarter, up from $5.14 \u2060per share a \u200cyear earlier. Revenue rose to $19.1 billion from $16.2 billion. Those figures were above Wall Street’s expectations of $4.71 earnings per share and revenue of $17.7 billion, according to S&P Global Market Intelligence.<\/p>\n
The results were boosted by sales of power generation equipment to AI data center developers. Sales in Caterpillar’s power and energy segment rose 23% year over year to $9.4 billion.<\/p>\n
“I think what often gets overlooked is that AI is really an industrial story,” Gabelli Funds portfolio manager Brian Sponheimer told Yahoo Finance. “As this data center rollout has happened, … it’s created structural demand for industrial-grade power solutions, and no company is really as well situated to drive that supply than Caterpillar.”<\/p>\n
However, Caterpillar is still facing headwinds from higher tariffs. Reuters reported that Caterpillar warned of a $2.6 billion tariff impact in 2026. In the fourth quarter, operating profit fell 9%, largely due to unfavorable manufacturing costs.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n
Comcast sheds more broadband customers as wireless competition mounts<\/h2>\n\nMedia group Comcast (CMCSA) reported a loss in broadband customers in its fourth quarter earnings on Thursday. The decline missed analysts’ estimates and was driven by competitors offering consumers more cost-effective, aggressive offers.<\/p>\n
The stock edged higher before the bell on Thursday.<\/p>\n
Reuters reports:<\/p>\n
Read more here. <\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n<\/div>\n<\/p><\/div>\n\n\n\n
Premarket trending tickers: Las Vegas Sands, Royal Caribbean and Whirlpool<\/h2>\n\nLas Vegas Sands (<\/strong>LVS<\/strong>)<\/strong> stock fell as much as 10% during premarket trading. The casino operator’s adjusted earnings fell short of analyst expectations.<\/p>\nRoyal Caribbean (<\/strong>RCL<\/strong>)<\/strong> stock rose 6% before the bell on Thursday after the cruise operator’s 2026 earnings guidance beat Wall Street estimates.<\/p>\nWhirlpool (<\/strong>WHR<\/strong>) <\/strong>stock sank 10% during premarket hours today after reporting an unexpected decline in sales.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n<\/div>\n<\/p><\/div>\n\n\n\n
SAP shares plunge after cloud backlog, guidance disappoint<\/h2>\n\nSAP (SAP) stock fell 15% before the bell on Thursday after reporting a cloud backlog and posting disappointing guidance.<\/p>\n
The German firm said its cloud preorders reached $25 billion, but it missed analysts’ estimates by about 1%. The delay has been blamed on a few “mega deals” that are taking longer to get up and running.<\/p>\n
Reuters reports:<\/p>\n
Read more here. <\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n\n\n
Microsoft stock slips after Q2 earnings beat, cloud revenue tops $50 billion<\/h2>\n\nMicrosoft (MSFT) shares fell almost 7% before the bell as a solid quarterly earnings beat still left investors disappointed.<\/p>\n
Yahoo Finance’s Daniel Howley reports:<\/p>\n
Read more here.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n\n\n
Meta stock climbs after Zuckerberg says: ‘We are now seeing a major AI acceleration’<\/h2>\n\nShares in Meta (META) surged in premarket, up over 7% as investors welcome raised guidance for this year’s spending plans amid a Big Tech AI spending spree.<\/p>\n
\u201cWe are now seeing a major AI acceleration,” Mark Zuckerberg stated on Meta’s earnings call late Wednesday.<\/p>\n
That theme was consistent throughout Meta’s earnings call, as the CEO touted new AI models and products that the company is working on.<\/p>\n
Zuckerberg said that since the beginning of 2025, Meta has seen a 30% increase in productivity from its engineers due to the adoption of AI coding tools. The power users of those tools have seen their output increase by 80%, Zuckerberg said.<\/p>\n
\u201cWe\u2019re starting to see agents really work,” he added. “This will unlock the ability to build completely new products and transform how we work.\u201d<\/p>\n
Read more here.<\/em> on Meta’s earnings beat from Yahoo Finance’s <\/em>Daniel Howley<\/em>. <\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n\n\n
IBM stock surges as software revenue growth accelerates<\/h2>\n\nInternational Business Machines (IBM) stock surged 8% in premarket trading on Thursday after growth in the company’s software business drove 12% revenue growth for the fourth quarter.<\/p>\n
Revenue increased to $19.69 billion, beating forecasts of $19.21 billion, according to Bloomberg consensus estimates. Software revenue was up 14% in the quarter, Consulting revenue increased 3%, while Infrastructure revenue rose 21%.<\/p>\n
IBM has focused on its Hybrid Cloud and Red Hat software platforms, which have been primary drivers of the stock’s 30% gain over the past year.<\/p>\n
Earnings per share came in at $4.52, compared to estimates of $4.32.<\/p>\n
Read more from Reuters.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n\n\n
Oil climbs from four-month high as Trump ramps up Iran threats<\/h2>\n\nOil rose for a third day, building on historic highs after President Trump told Iran it would face US military attacks if it failed to agree a nuclear deal.<\/p>\n
Brent crude futures (BZ=F), the global benchmark, moved up 2.4% to nearly $69 a barrel, coming off the highest close since September on Wednesday, Meanwhile, US benchmark West Texas Intermediate futures (CL=F) jumped 2.6% to above $64.<\/p>\n
From Bloomberg:<\/p>\n
Read more here<\/em>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n- \n\n\n\n\n
Asian shares mixed bag as region reacts to American Fed rate<\/h2>\n
Media group Comcast (CMCSA) reported a loss in broadband customers in its fourth quarter earnings on Thursday. The decline missed analysts’ estimates and was driven by competitors offering consumers more cost-effective, aggressive offers.<\/p>\n
The stock edged higher before the bell on Thursday.<\/p>\n
Reuters reports:<\/p>\n
Read more here. <\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n Las Vegas Sands (<\/strong>LVS<\/strong>)<\/strong> stock fell as much as 10% during premarket trading. The casino operator’s adjusted earnings fell short of analyst expectations.<\/p>\n Royal Caribbean (<\/strong>RCL<\/strong>)<\/strong> stock rose 6% before the bell on Thursday after the cruise operator’s 2026 earnings guidance beat Wall Street estimates.<\/p>\n Whirlpool (<\/strong>WHR<\/strong>) <\/strong>stock sank 10% during premarket hours today after reporting an unexpected decline in sales.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n SAP (SAP) stock fell 15% before the bell on Thursday after reporting a cloud backlog and posting disappointing guidance.<\/p>\n The German firm said its cloud preorders reached $25 billion, but it missed analysts’ estimates by about 1%. The delay has been blamed on a few “mega deals” that are taking longer to get up and running.<\/p>\n Reuters reports:<\/p>\n Read more here. <\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n Microsoft (MSFT) shares fell almost 7% before the bell as a solid quarterly earnings beat still left investors disappointed.<\/p>\n Yahoo Finance’s Daniel Howley reports:<\/p>\n Read more here.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n Shares in Meta (META) surged in premarket, up over 7% as investors welcome raised guidance for this year’s spending plans amid a Big Tech AI spending spree.<\/p>\n \u201cWe are now seeing a major AI acceleration,” Mark Zuckerberg stated on Meta’s earnings call late Wednesday.<\/p>\n That theme was consistent throughout Meta’s earnings call, as the CEO touted new AI models and products that the company is working on.<\/p>\n Zuckerberg said that since the beginning of 2025, Meta has seen a 30% increase in productivity from its engineers due to the adoption of AI coding tools. The power users of those tools have seen their output increase by 80%, Zuckerberg said.<\/p>\n \u201cWe\u2019re starting to see agents really work,” he added. “This will unlock the ability to build completely new products and transform how we work.\u201d<\/p>\n Read more here.<\/em> on Meta’s earnings beat from Yahoo Finance’s <\/em>Daniel Howley<\/em>. <\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n International Business Machines (IBM) stock surged 8% in premarket trading on Thursday after growth in the company’s software business drove 12% revenue growth for the fourth quarter.<\/p>\n Revenue increased to $19.69 billion, beating forecasts of $19.21 billion, according to Bloomberg consensus estimates. Software revenue was up 14% in the quarter, Consulting revenue increased 3%, while Infrastructure revenue rose 21%.<\/p>\n IBM has focused on its Hybrid Cloud and Red Hat software platforms, which have been primary drivers of the stock’s 30% gain over the past year.<\/p>\n Earnings per share came in at $4.52, compared to estimates of $4.32.<\/p>\n Read more from Reuters.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n Oil rose for a third day, building on historic highs after President Trump told Iran it would face US military attacks if it failed to agree a nuclear deal.<\/p>\n Brent crude futures (BZ=F), the global benchmark, moved up 2.4% to nearly $69 a barrel, coming off the highest close since September on Wednesday, Meanwhile, US benchmark West Texas Intermediate futures (CL=F) jumped 2.6% to above $64.<\/p>\n From Bloomberg:<\/p>\n Read more here<\/em>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<\/div>\n<\/p><\/div>\n
Premarket trending tickers: Las Vegas Sands, Royal Caribbean and Whirlpool<\/h2>\n
<\/div>\n<\/p><\/div>\n
SAP shares plunge after cloud backlog, guidance disappoint<\/h2>\n
Microsoft stock slips after Q2 earnings beat, cloud revenue tops $50 billion<\/h2>\n
Meta stock climbs after Zuckerberg says: ‘We are now seeing a major AI acceleration’<\/h2>\n
IBM stock surges as software revenue growth accelerates<\/h2>\n
Oil climbs from four-month high as Trump ramps up Iran threats<\/h2>\n
Asian shares mixed bag as region reacts to American Fed rate<\/h2>\n