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Caterpillar flags $2.6 billion tariff hit in 2026, power equipment demand lifts quarter

Caterpillar flags $2.6 billion tariff hit in 2026, power equipment demand lifts quarter

Caterpillar warned of a $2.6 billion hit from tariffs in 2026, even as it reported a rise in fourth-quarter revenue and profit on sustained demand for its power-generation equipment amid a rapid build-out of data centers.
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ABB confident for 2026 as customers plan ahead despite political uncertainty

ABB confident for 2026 as customers plan ahead despite political uncertainty

ABB shares surged on Thursday after the Swiss engineering group posted record quarterly order intake and gave a confident outlook for 2026, saying customers were investing in automation and electrification despite political uncertainty.
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Tesla plans $20 billion capital spending spree in push beyond human-driven cars

Tesla plans $20 billion capital spending spree in push beyond human-driven cars

Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human drivers.
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Big Tech earnings to test AI rally as resurgent Alphabet takes lead

Big Tech earnings to test AI rally as resurgent Alphabet takes lead

Microsoft and Meta will kick off Big Tech earnings this week under pressure to prove that their costly bets on artificial intelligence can power another year of strong growth as a resurgent Alphabet takes the lead in the high-stakes race.
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