Caterpillar Navigates Rising Tariff Costs: What Wall Street Says
Caterpillar recently increased its tariff impact forecast for 2025 to $1.5-$1.8 billion, causing a stock dip. Despite this, Wall Street analysts remain largely optimistic.
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AIRO Group: Drone Earnings Soar, Defense Market Thrives
Aerospace-and-defense start-up AIRO Group reported better-than-expected Q2 2025 financial results, with sales of $24.6M and adjusted EBITDA of $4.7M. Post-IPO, AIRO is expanding drone and training operations.
Firefly IPO Takes Off: $6.32B Value & Moon Success
Firefly Aerospace's IPO at $45/share raises $868.3M, valuing it at $6.32B. Moon landing and $1.1B backlog drive demand. Trading "FLY."
Caterpillar Q2 2025: Profit Miss, Tariffs Hit
Caterpillar's Q2 2025 adjusted earnings of $4.72/share missed estimates due to price declines & tariffs. Full-year tariff impact expected up to $1.5B. Demand remains resilient.
Joby Acquires Blade's Air Mobility Passenger Business
Joby Aviation acquired Blade's urban air mobility passenger business (US/Europe) for up to $125M. This gives Joby market access, infrastructure, and customers, accelerating their electric air taxi commercialization. Shares of both companies surged on the news.