Stock Movers Coherent Falls, Deere Drops, Tapestry Down on Outlook
Aug 14, 2025
Stocks are on the brink as major players struggle. Coherent's shares dip following a disheartening outlook linked to AI growth slowdowns. Meanwhile, Deere faces caution from farmers with plummeting grain prices, affecting its earnings projections. Tapestry, too, sees its stock slide due to a profit forecast that didn't sit well with analysts, partly driven by tariffs. The discussion also highlights rising demand for Coach handbags, showcasing their strong brand presence in a competitive landscape.
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Coherent's AI Concern And Asset Sale
- Coherent's stock plunged after an earnings outlook that underwhelmed and hinted at slowing AI demand.
- The company will sell its aerospace and defense unit for $400 million to pay down debt.
Deere Warns Of Farmer Caution
- Deere cut its full-year earnings outlook as lower grain prices curtailed farmer spending and activity.
- Management said tariffs and rising input costs are pressuring farmers' budgets and equipment purchases.
Farmer's Firsthand Strain
- A South Dakota farmer described falling commodity prices and rising costs like seeds, labor, and fertilizer.
- He said higher interest rates and debt loads make the situation particularly difficult for U.S. farmers.