Machinery made by Caterpillar Inc. operates at a demonstration in Tianjin, China. Bernardo De Niz | Bloomberg | Getty Images Shares of Caterpillar dropped after the company posted disappointing second-quarter results as higher material costs including tariffs and lower demand in China made a dent in its profit. Caterpillar earned …

An Amazon Prime package Andrew Harrer | Bloomberg | Contributor A day before Amazon’s second-quarter earnings release, Credit Suisse lowered its earnings estimate because of the e-commerce giant’s roll-out of one-day prime. The firm lowered Amazon’s full-year 2019 earnings per share estimate to $38.87 from the previous estimate of $41.14, …

It’s the summertime and that means President Donald Trump, along with Democrats running to take him on in 2020, are preparing to travel to the wealthy New York region of the Hamptons where they will be hosted by a slew of influential donors. The move by Trump and Democrats to …

Big cap technology stocks hit an all-time high Tuesday, aided by a rebounding semiconductor sector amid some signs of progress in the trade war between the U.S. and China. The Technology Select SPDR Fund ETF, XLK representing the technology sector within the S&P 500, briefly rose to a record $82.15 …

Avengers Endgame Source: Marvel Studios. Disney will nearly double earnings by 2024 on the back of momentum from Marvel content feeding its new streaming service, predicts Morgan Stanley. The firm said Disney can double earnings per share from $6.50 in 2020 to between $11 and $12 in 2024, as it builds …

Tesla cars are delivered to a showroom in Brooklyn on April 25, 2019 in New York City. Spencer Platt | Getty Images Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize one key financial metric when it reports its quarterly results this Wednesday. The electric …

Evan Spiegel, CEO and co-founder of Snap Inc. Adam Galica | CNBC Shares of Snap, parent company of Snapchat, rose on Tuesday following an upgrade from Stifel ahead of the company’s earnings release after the bell. Stifel upgraded Snap to buy from hold and hiked its price target to $17 …

Investors could not be any more confident that the Federal Reserve will cut interest rates when its Federal Open Market Committee meets for two days on July 30–31. The CME FedWatch tool puts the probability of a rate cut at 100%. The only question market traders have now is how …

A memory module by Samsung Electronics. SeongJoon Cho | Bloomberg | Getty Images The latest escalation in tensions between Japan and South Korea has ignited fears that the important global manufacturing supply chain for semiconductors could be disrupted — and that’s adding to worries on an already slowing world economy. …

Traders working on the floor of the New York Stock Exchange. Drew Angerer | Getty Images Danger is lurking in the stock market: A monster sell-off could be around the corner if the Federal Reserve doesn’t deliver the rate cut the market expects next week. That is because the market’s …