Micron Rises After Strong Revenue Guidance Offsets Slight Margin Miss

Caterpillar Erupts As Quarterly Sales Top $20 Billion For First Time Amid AI Data Center Boom Caterpillar shares jumped in pre-market trading after reporting a second-quarter beat, driven by strong growth in its heavy machinery, power and energy business amid the data center buildout, reshoring, and other activities reindustrializing the nation under the Trump administration. Revenue soared 24% from one year ago to $20.54 billion, exceeding the $19.01 billion Bloomberg consensus estimate. Machinery, power and energy revenue climbed 25% to $19.58 billion, while operating income surged 51% to $4.21 billion, well...

'No Hire, No Fire' Economy Continues As Job Cuts Tumble, Claims Near Record Lows U.S.-based employers announced 60,620 job cuts in March, up 25% from 48,307 cuts announced in February. It is down 78% from the 275,240 cuts announced during the same month last year, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas. “Removing the wave of federal layoffs announced in February and March of last year, job cut announcements in 2026 are closely following the pattern of 2025. Last year it was...

Off-Ramp In Progress? Israeli Media Signals 'Completion Phase' Of Iran War It's no secret that Washington is looking for an off-ramp amid what has been a steady pattern of escalation with Iran over the past month since Operation Epic Fury began. The White House's anticipated timeline and even list of objectives has seriously shifted since the war's start, as has the scope, given Tehran's 'unexpected' big retaliatory strikes on the Gulf and Israel - including on energy and infrastructure targets. It seems Trump was thinking Iran could be parallel to the...