Deere posted its first quarterly profit rise in nearly three years, lifted by construction

The equipment maker raised its full-year net income forecast to $4.75 billion–$5 billion after its construction and forestry segment posted an 84% jump in operating profit

Deere , the world’s largest farm equipment manufacturer, raised its full-year net income forecast on Thursday and posted its first rise in quarterly profit in three years on the back of an AI-driven construction boom and tariff refunds.

A logo of Ant Group at its booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 10, 2025. REUTERS/Maxim Shemetov 20 Aug 2026 06:06PM Aug 20 : Alibaba's financial subsidiary Ant Group's quarterly profits rose 1 per cent year-on-year to around 4.7 billion yuan ($698 million) in th