Deere’s Disappointing Outlook Shows Farm Recovery Is Elusive

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Bloomberg Intelligence hosted by Paul Sweeney and Kristine Aquino

-Christopher Ciolino, Bloomberg Intelligence Senior US Machinery Analyst, discusses Deere Earnings.  Deere & Co.’s weak forecast for the year ahead reinforces the difficulty in predicting a recovery in the US farm economy as uncertainty continues to swirl over the impact of tariffs and trade deals.

-Woo Jin Ho, Bloomberg Intelligence Senior Technology Analyst, recaps Dell and HP earnings. Dell Technologies raised its annual projections for the AI server market due to sustained demand for machines needed in the current data center boom. HP Inc. gave a profit outlook for the current year that fell short of estimates and will cut 4,000 to 6,000 employees through fiscal 2028 by using more AI tools.

-Diana Rosero Pena, Bloomberg Intelligence Consumer Staples Analyst, recaps Petco earnings. The pet health and wellness company raised its full-year forecast for adjusted Ebitda.

-Matt Britton, CEO of Market Research firm, Suzy, and the author of “Generation AI: Why Generation Alpha and the Age of AI Will Change Everything” discusses the impact of AI on Holiday shopping trends.

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