John Deere Raises 2026 Profit Outlook as AI-Driven Construction Boom Offsets Farm Equipment Slowdown
Deere posts first profit rise in 3 years, beats estimates and lifts 2026 guidance as strong construction demand offsets farm equipment weakness.
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RBC Downgrades Coty to Sector Perform, Slashes Price Target to $3 Amid “Transition Year”
Beauty giant Coty forecasts current-quarter EPS below expectations and declines to give annual guidance, citing a complex transition year.
Advance Auto Parts Shares Plunge as DIY Spending Slows
Advance Auto Parts reported Q2 same-store sales down 0.5% as DIY spending slowed. Adjusted EPS beat estimates; full-year sales guidance held steady.
Walmart Posts Rare Comp Sales Miss but Raises Full-Year Guidance
Walmart’s U.S. comps grew just 2.6% in Q2 FY27, missing estimates, yet the retailer raised full-year sales and EPS targets on e-commerce strength.
Alibaba’s June Quarter: Strong Cloud Growth, Weak Profits, and Surging Capex
Alibaba reports 9% revenue growth to RMB269B. AI Cloud accelerates 45%, but heavy tech investments and e-commerce softness drive sharp profit declines.
Wolfspeed Q4 FY2026 Results: Revenue Misses Street Expectations as Negative Margins Persist
Wolfspeed reported Q4 FY2026 revenue of $150 million, missing Street estimates, with non-GAAP gross margin at –20% and guidance for continued negative margins.