Stock Movers Deere Under Pressure, HP Down on Yesterday's Earnings, Workday Beats Estimates
Nov 26, 2025
In this discussion, Rachel Pau, an earnings specialist at Bloomberg News, delves into the troubled forecasts for Deere as tariffs hurt crop demand, impacting farmers' machinery investment. She also highlights HP's disappointing outlook, driven by high memory chip costs and significant job cuts as it turns to AI solutions. Meanwhile, Workday's earnings beat raises questions about its growth amid broader labor market challenges. This insightful chat sheds light on the interplay between corporate earnings and economic trends.
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Farm Equipment Hit By Trade And Low Crop Prices
- Deere's weak outlook reflects that tariffs and low crop prices are squeezing farmer budgets and demand for new equipment.
- Rising input costs and uncertain US-China trade flows mean farm-equipment recovery may lag despite resuming shipments.
Deere Seen As Industrial Bellwether
- Deere's outlook is being watched as a potential bellwether for industrials and the farm economy.
- Uncertainty over possible U.S. policy interventions adds complexity to forecasting demand for equipment.
Component Costs And AI Drive HP's Outlook
- HP blamed high memory-chip costs for an outlook below expectations, signaling component pricing still pressures PC makers.
- The company also plans workforce reductions tied to AI, indicating cost-structure shifts across tech hardware firms.