Caterpillar (NYSE: CAT) reported fourth-quarter 2021 financial results before the regular market hours on Friday. The industrial giant reported Q4 revenue of $13.8 billion, up 23% year-over-year and higher than the Wall Street projection. Net income of $2.69 per share was also above the target that analysts had anticipated.
CAT shares were down almost 1% immediately following the announcement. The stock has gained 15% over the trailing 12 months.
The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,
Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a
Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss