Stock Movers Tapestry Falls, Deere Slides, Cisco Drops After Cautious Forecast
Aug 14, 2025
Tapestry's shares plummet after missing profit forecasts, illustrating the bite of tariffs on US firms. Deere faces a downturn as lower grain prices lead to cautious spending among farmers, prompting a bleak earnings outlook. Cisco's cautious revenue forecast raises eyebrows, but their CEO hints at a promising return to growth in federal business. The discussion offers insights into how active ETFs are faring in turbulent markets and analyzes the ripple effects of these challenges on investment strategies.
AI Snips
Chapters
Transcript
Episode notes
Tariffs Cut Deep Into Tapestry Forecast
- Tapestry's EPS outlook missed expectations and includes about a $0.60 per share tariff hit.
- The tariff cost surprised Wall Street and knocked the stock down roughly 17% intraday.
Lower Commodity Prices Weigh On Deere
- Deere trimmed its full-year profit outlook as farmers pull back amid lower grain and livestock prices.
- Reduced commodity prices and customer caution are delaying purchases of big equipment.
Farmer Brian Hefty Describes Tight Margins
- Paul Sweeney referenced a conversation with South Dakota farmer Brian Hefty describing tight finances.
- Hefty said crop prices are down while costs like fertilizer, labor and interest are rising.