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.
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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 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.