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Deere & Company (NYSE:DE) shares slid on Wednesday as the agricultural equipment giant warned of a $1.2 billion tariff h...
11/27/2025

Deere & Company (NYSE:DE) shares slid on Wednesday as the agricultural equipment giant warned of a $1.2 billion tariff hit in fiscal 2026, overshadowing a fourth-quarter earnings beat.

Despite reporting topping earnings estimates, Deere issued a cautious outlook for the coming year. The company expects net income to fall to between $4.0 billion and $4.75 billion, down from over $5 billion in fiscal 2025.

Management attributed the weaker forecast to declining demand in the large agriculture sector and a sharp rise in trade-related costs.

Christopher Seibert, Manager of Investor Communications, quantified the trade headwinds embedded in the new guidance during the earnings call.

"Included in this estimate is projected pretax direct tariff expense of approximately $1.2 billion, with additional inflationary pressures also contemplated from the indirect impacts of tariffs," Seibert said.

Investor Relations Director Josh Beal later clarified that this represents a $600 million incremental increase from 2025 levels.

Happy Thanksgiving From Benzinga
11/27/2025

Happy Thanksgiving From Benzinga

Former House Speaker Nancy Pelosi (D-Calif.) criticized President Donald Trump and Republicans, saying their policies ha...
11/27/2025

Former House Speaker Nancy Pelosi (D-Calif.) criticized President Donald Trump and Republicans, saying their policies have driven up the cost of Thanksgiving dinner while average families struggle to make ends meet.

Pelosi's remarks illustrate the contrast between rising consumer prices and Trump's personal expenditures.

Democrats Blame Trump For Holiday Price Spikes
Democratic lawmakers intensified their criticism of President Trump ahead of Thanksgiving, blaming his tariffs and economic decisions for driving up food prices and straining families.

Senate Majority Leader Chuck Schumer (D-N.Y.) warned that grocery costs are at "record highs," food banks are overwhelmed and GOP-backed SNAP cuts could take food away from millions.

Sen. Kirsten Gillibrand (D-N.Y.) said Americans are paying more because Trump "spent the year tariffing our food."

Sen. Alex Padilla (D-Calif.) added that turkey prices alone are up 36% and accused Trump, "the richest president in history," of fighting in court to remove people from food stamps while families struggle to afford holiday meals.

Rep. Adam Schiff (D-Calif.) pointed to steep price increases, including turkeys up 40%, sweet potatoes up 37% and beef up 10% and urged Trump to address the rising costs.

Republicans Promote Lower Thanksgiving Costs, Credit Trump Policies
Trump administration officials said economic conditions were improving ahead of Thanksgiving, pointing to lower household expenses under Trump's policies.

Treasury Secretary Scott Bessent highlighted stronger home sales, declining gas prices and expected drops in health care costs, saying Thanksgiving dinner would be the "lowest cost in four years," with turkey prices down 16%.

Transportation Secretary Sean Duffy noted falling gas and rental prices and said Trump was pursuing a "golden age of transportation."

Trump spokesperson Karoline Leavitt (R-N.H.) added that the holiday would be more affordable overall, citing 2021-level gas prices, a 5% decline in Thanksgiving meal costs and a 16% drop in turkey prices, along with potential boosts to middle-class tax refunds next year.

Apple Inc. (NASDAQ:AAPL) shares reached an all-time high on Tuesday, closing at $276.97.The company recently announced p...
11/27/2025

Apple Inc. (NASDAQ:AAPL) shares reached an all-time high on Tuesday, closing at $276.97.

The company recently announced plans to roll out three new iPhone models within the next three years, marking a major transformation in the history of the device. Furthermore, the tech giant is also altering its iPhone release schedule

With the recent buzz around Apple, some investors may be eyeing potential gains from the company's dividends too. As of now, Apple offers an annual dividend yield of 0.38%, which is a quarterly dividend amount of 26 cents per share ($1.04 a year).

To figure out how to earn $500 monthly from Apple, we start with the yearly target of $6,000 ($500 x 12 months).

Next, we take this amount and divide it by Apple's $1.04 dividend: $6,000 / $1.04 = 5,769 shares.

So, an investor would need to own approximately $1,597,840 worth of Apple, or 5,769 shares to generate a monthly dividend income of $500.

Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $1.04 = 1,154 shares, or $319,623 to generate a monthly dividend income of $100.

Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.

The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change.

For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60).

Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40).

Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease.

TJX Companies (NYSE:TJX) has outperformed the market over the past 15 years by 7.01% on an annualized basis producing an...
11/27/2025

TJX Companies (NYSE:TJX) has outperformed the market over the past 15 years by 7.01% on an annualized basis producing an average annual return of 19.06%. Currently, TJX Companies has a market capitalization of $170.15 billion.

Buying $100 In TJX: If an investor had bought $100 of TJX stock 15 years ago, it would be worth $1,337.05 today based on a price of $152.88 for TJX at the time of writing.

Shell (NYSE:SHEL) has outperformed the market over the past 5 years by 2.78% on an annualized basis producing an average...
11/27/2025

Shell (NYSE:SHEL) has outperformed the market over the past 5 years by 2.78% on an annualized basis producing an average annual return of 15.89%. Currently, Shell has a market capitalization of $209.60 billion.

Buying $100 In SHEL: If an investor had bought $100 of SHEL stock 5 years ago, it would be worth $216.58 today based on a price of $73.16 for SHEL at the time of writing.

Philip Morris Intl (NYSE:PM) has outperformed the market over the past 5 years by 2.08% on an annualized basis producing...
11/27/2025

Philip Morris Intl (NYSE:PM) has outperformed the market over the past 5 years by 2.08% on an annualized basis producing an average annual return of 15.25%. Currently, Philip Morris Intl has a market capitalization of $243.86 billion.

Buying $1000 In PM: If an investor had bought $1000 of PM stock 5 years ago, it would be worth $2,068.05 today based on a price of $156.66 for PM at the time of writing.

Travelers Companies (NYSE:TRV) has outperformed the market over the past 5 years by 3.99% on an annualized basis produci...
11/27/2025

Travelers Companies (NYSE:TRV) has outperformed the market over the past 5 years by 3.99% on an annualized basis producing an average annual return of 17.19%. Currently, Travelers Companies has a market capitalization of $65.51 billion.

Buying $100 In TRV: If an investor had bought $100 of TRV stock 5 years ago, it would be worth $227.49 today based on a price of $293.70 for TRV at the time of writing.

President Donald Trump's recent decision to roll back specific tariffs to combat soaring consumer costs constitutes a “r...
11/27/2025

President Donald Trump's recent decision to roll back specific tariffs to combat soaring consumer costs constitutes a “remarkable admission” that his signature trade policies have directly fueled inflation, argues prominent economist Justin Wolfers.

Wolfers, a University of Michigan professor and Brookings Institution Senior Fellow, contends the administration’s selective tariff cuts reveal they privately understand basic economic principles, even while publicly downplaying the severity of inflation.

In an analysis highlighted on X, Wolfers noted the inherent contradiction of an administration that heavily promoted tariffs, now cutting them to provide price relief.

“If they’re rolling back some of the tariffs, that’s a sign that they understand the tariffs are not helpful,” Wolfers stated in an accompanying video interview.

He characterized the sudden policy shift as a “remarkable admission” that the President has finally learned what undergraduate students learn in “Econ 101, which is, tariffs raise prices.”

Wolfers posed a critical question regarding the administration’s logic: If cutting a few highly visible tariffs helps affordability, what do they believe the massive amount of tariffs remaining in place is currently doing to consumer prices?

Facing intense pressure over high grocery bills and polls showing voters blame him for the economy, President Trump recently issued executive orders eliminating tariffs on certain Brazilian exports and lowering duties on agricultural imports like beef, coffee, and tomatoes.

According to new projections released by the Congressional Budget Office (CBO), these recent tariff reductions have erased nearly $800 billion in anticipated national debt reduction over the next decade, significantly altering the administration’s budget outlook.

Wolfers further argued that Trump's economic approach has shifted away from broad free-market principles toward a system relying on granting access and favors to “big behemoths”—referencing Trump calling Apple's CEO Tim Cook “Tim Apple”—which disadvantages smaller, innovative competitors who lack direct lines to the White House.

Transportation Secretary Sean Duffy has slammed Sen. Elizabeth Warren for voting against funding that would revamp the U...
11/27/2025

Transportation Secretary Sean Duffy has slammed Sen. Elizabeth Warren for voting against funding that would revamp the U.S.’s aging air traffic control system.

It's worth noting that the Trump administration, earlier this year, had rescinded a rule that allowed passengers to be compensated in the event of a flight delay or disruptions.

Responding to Warren's comments, Duffy criticized the Senator for voting against funding to modernize the ATC system in the U.S. "Senator Warren voted against $12.5 billion to modernize America's air traffic control system," Duffy said in the post.

Duffy had earlier noted that the total amount of funding required to modernize the technology would be upwards of $31 billion, including the initial $12.5 billion amount outlined during the early days of the Trump administration.

The historic 42-day government shutdown had a widespread impact on the aviation industry in the U.S., with Duffy warning of widespread delays, as ATCs and employees worked without pay and faced uncertainty over backpay guarantees. The Trump administration, too, announced flight cuts across major U.S. airports to deal with staffing shortages.

American Airlines CEO Robert Isom had also urged the lawmakers to reach an agreement to reopen the government, also sharing that the airline was facing “difficulties" in terms of "operating delays and issues with air traffic control.”

While the workers were assured back pay by Duffy, he also shared that 776 ATCs and technicians would receive a $10,000 bonus for showing up to work every day during the shutdown.

The comments came after Duffy faced off against California Governor Gavin Newsom, who criticized Duffy for suggesting American travelers dress up during flights ahead of Thanksgiving. Duffy responded to the comments by taking an apparent swipe at the former's taste in fashion, reassuring that passengers would be allowed to wear "skinny jeans" on flights.

California Governor Gavin Newsom has slammed the Trump administration for reportedly challenging road safety mandates.Th...
11/27/2025

California Governor Gavin Newsom has slammed the Trump administration for reportedly challenging road safety mandates.

The Senate's Committee on Commerce, Science, and Transportation, led by Sen. Ted Cruz, plans to challenge automotive safety measures, including auto emergency braking and child reminder systems that alert drivers when a child is in the rear seat, the Wall Street Journal reported on Tuesday.

The decision from the committee comes amid concerns about vehicle affordability in the U.S., arguing that the features mentioned above drive up vehicle costs and do little by way of enhancing safety, the report suggests.

The lawmakers are set to hold a hearing in January and have reportedly summoned officials from the Detroit Big Three — Ford, General Motors and Stellantis as well as a senior Tesla executive, the report said.

Newsom had earlier clashed with Transportation Secretary Sean Duffy over the latter’s comments urging passengers to dress up for air travel.

The news comes as companies have been pushing towards making cars safer through technological advancements, including AI. Recently, Micron Technology unveiled its automotive UFS 4.1 storage, aimed at faster AI data access, which could support advanced driver assistance systems and autonomous driving by processing data from cameras, lidar, and radar sensors.

Chinese automaker Nio also unveiled the Banyan 2.6.5 CN system, which introduces auto emergency braking capabilities that can detect and avoid several elements on the road, like vehicles, cyclists, and pedestrians crossing diagonally.

Recently, a Tesla Owner said that the onboard safety systems on her vehicle protected her and her 3-year-old son during a head-on collision. The owner that that he company's Sentry mode helped her share the crash footage with her attorney and the authorities following the crash.

Meanwhile, former Transportation Secretary Pete Buttigieg shared that some autonomous driving technologies are "safer than human beings," adding that the tech had the potential to save many lives. He also expressed regret that the administration could've made more efforts to accelerate AV adoption in the U.S.

The Department of Government Efficiency dismissed news of its disbandment as “fake” on Monday, declaring that it would b...
11/27/2025

The Department of Government Efficiency dismissed news of its disbandment as “fake” on Monday, declaring that it would be back soon with “regularly scheduled” updates.

DOGE Returning In A ‘Few Days’
The official X account of the Department of Government Efficiency, or DOGE, stated that the agency terminated 78 “wasteful” contracts last week, resulting in savings of $335 million for taxpayers.

President Trump was given a mandate by the American people to modernize the federal government and reduce waste, fraud and abuse,” the post read. “We'll be back in a few days with our regularly scheduled Friday update.”

Cameron Winklevoss, co-founder of cryptocurrency exchange Gemini, reacted positively to the development, saying, “Long live DOGE.”

Trump’s OPM Director Said DOGE Not A ‘Centralized Entity’
DOGE’s statement comes after Office of Personnel Management Director Scott Kupor said that DOGE is no longer a “centralized entity,” with the OPM absorbing many of DOGE’s duties.

Notably, Kupor also reposted DOGE’s latest post.

DOGE launched in January with Musk promising $2 trillion in savings, an idea that initially received full support from President Donald Trump. Musk later split with Trump in June over the president's tax-and-spending bill.

DOGE’s website shows roughly $214 billion in savings, with the last update on Oct. 4 following the federal government shutdown. However, a Politico review found the numbers inflated by counting maximum possible contract values and not actual spending reductions.

Price Action: At the time of writing, DOGE was exchanging hands at $0.1508, up 2.22% in the last 24 hours, according to data from Benzinga Pro.

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