Construction equipment company Caterpillar (NYSE:CAT) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 9.8% year on year to $14.25 billion. Its non-GAAP profit of $4.25 per share was 2.3% below analysts’ consensus estimates.
U.S. stock futures are down Wednesday morning, despite major averages ending up on Tuesday, and the S&P 500 and Dow Jones notching their sixth-straight day in the green, the longest streak for the indexes in months.
Notwithstanding the resurgence seen since last week, the market is likely to end April with a monthly loss, with the S&P 500 down 0.90% with a session to go.
Jim Cramer is preparing investors for another action-packed week on Wall Street, packed with earnings reports from major tech players and key economic updates.
Let’s dig into the relative performance of Manitowoc (NYSE:MTW) and its peers as we unravel the now-completed Q4 construction machinery earnings season.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 13.5% over the past six months. This drop was worse than the S&P 500’s 7.5% loss.
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
I wrapped up the trading week with twenty-eight bearish positions. Here are second half of the positions, zoomed in to the most salient portions of the chart:
The US dollar has been falling since the beginning of 2025 down over 6% by April, which makes American products cheaper for overseas buyers helping boost demand
The Federal Deposit Insurance Corp. initially sought approximately $1 billion in unpaid assessments and another $1 billion in alleged profits from underreporting risk in its lawsuit against the Bank of America.
