Dell Sinks, Caterpillar Falls, Ulta Tumbles on Cooling Consumer Spending
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Show Notes
On this episode of Stock Movers:
- Dell (DELL) shares fell after the company booked fewer sales of artificial intelligence servers than in the previous three months and reported profit margins that fell short of analysts’ estimates.
- Caterpillar (CAT) shares sink after the company warned investors that tariffs are now expected to have an even greater impact on its business, costing it as much as $1.8 billion this year.
- Ulta (ULTA) shares fell after the company warned of a potential pullback by consumers. This offset the company’s move to boost its comparable sales forecast for the full year.
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