NYSE:CMI - New York Stock Exchange, Inc. - US2310211063 - Common Stock - Currency: USD
As we await the opening of the US market on Monday, let's delve into the pre-market session and discover the S&P500 top gainers and losers shaping the early market sentiment.
Wall Street kicked off the week with a cautious tone, as major stock indices hovered near the flatline by midday in New York. Investors digested fresh signs of inflationary pressure in the services sector, raising doubts about near-term rate cuts and weighing on risk appetite.
However, CEO Jennifer Rumsey said the company is in a “strong position” to navigate economic uncertainty.
Warren Buffett Announces Stepping Down in 2026.
Following a storng end to last week's trading and the "surprise" announcement of Warren Buffett stepping down, pre-markets are lower the Monday.
"Due to growing economic uncertainty, the company is not providing an outlook for revenue or profitability for the remainder of 2025" Cummins said in its earnings release. The North American trucking market, already dealing with an oversupply of equipment, is now confronted with new challenges arising due to the erratic import tariffs. General Motors pulled its annual forecast earlier this month, days after pausing plans to buy back $2 billion of shares in the first half of the year.
Engine manufacturer Cummins (NYSE:CMI) reported Q1 CY2025 results beating Wall Street’s revenue expectations, but sales fell by 2.7% year on year to $8.17 billion. Its GAAP profit of $5.96 per share was 23% above analysts’ consensus estimates.
Several companies have pulled their full-year outlooks for 2025, with many citing market uncertainty exacerbated by Trump’s tariffs.
Engine manufacturer Cummins (NYSE:CMI) will be announcing earnings results tomorrow before market open. Here’s what you need to know.
South Africa’s star quick Kagiso Rabada has been hit with a ban after testing positive for a recreational drug.
Panel-beater-turned-billionaire-developer Sam Arnaout has just inked Australia’s largest “neighbourhood” shopping centre sale.
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Get a deeper insight into the potential performance of Cummins (CMI) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Cummins (CMI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Governor Tate Reeves (R) Mississippi voices his support for President Trump's tariffs stating Mississippi will be a "net winner" because the state has invested in manufacturing. He also talks about auto & parts tariffs and the impact it might have on his state's auto industry, and his views on tax cuts and Congress possibly cutting Medicaid. Governor Reeves speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)
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Pedr Davis, veteran motoring reporter and businessman, is putting his prized South Sydney commercial property on the market.
The ARL Commission on Wednesday morning agreed to an increased offer from Western Australia premier Roger Cook.
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Dozens of residents in Sydney towers reported feeling the quake which struck just before 3am. People as far south as Wollongong also reported tremors.