On this episode of Stock Movers:
- Tapestry (TPR) shares fall as its' annual outlook for a key profit metric missed analysts’ forecasts due in part to tariffs. It's a sign that Wall Street is still adjusting to the full cost of duties for US firms.
- Deere (DE) shares slide as the world’s biggest farm machinery maker pared its full-year earnings outlook with lower grain prices curbing farmers’ spending. “Customers remain cautious amid ongoing uncertainty,” Deere said in a statement Thursday as the company announced third-quarter earnings. - Cisco (CSCO) shares drop after the company gave a cautious forecast for the current fiscal year, with revenue expected to range from $59 billion to $60 billion. Chief Executive Officer Chuck Robbins said Federal business should return to growth during the new fiscal year, and the company will play a role in the Stargate project in the United Arab Emirates.

On this episode of Stock Movers: - Tapestry (TPR) shares fall as its' annual outlook for a key profit metric missed analysts&rsquo; forecasts due in part to tariffs. It's a sign that Wall Street is still adjusting to the full cost of duties for US firms. - Deere (DE) shares slide as the world&rsquo;s biggest farm machinery maker pared its full-year earnings outlook with lower grain prices curbing farmers&rsquo; spending. &ldquo;Customers remain cautious amid ongoing uncertainty,&rdquo; Deere said in a statement Thursday as the company announced third-quarter earnings. - Cisco (CSCO) shares drop after the company gave a cautious forecast for the current fiscal year, with revenue expected to range from $59 billion to $60 billion. Chief Executive Officer Chuck Robbins said Federal business should return to growth during the new fiscal year, and the company will play a role in the Stargate project in the United Arab Emirates.

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Stock Movers

Tapestry Falls, Deere Slides, Cisco Drops After Cautious Forecast

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e14c4bcb-0fba-4971-9d0e-b33900ed03c0/transcript

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