Deere (DE) Surges 7% as AI Data Center Boom Fuels Construction Equipment Demand, Offseting Ag Downturn
John Deere & Co. (NYSE: DE) shares jumped 6.94% Thursday after the agricultural machinery giant delivered fiscal third-quarter results that smashed Wall Street expectations, revealing a powerful divergence in its business segments. While the company’s iconic agriculture division faces a cyclical downturn, its construction and forestry unit is riding a massive wave of AI infrastructure … Read more