Caterpillar Option Alert: Jun 20 $330 Calls at the Bid: 1000 vs 140 OI; Earnings 4/24 Before Open [est] 

Caterpillar Option Alert: Jun 20 $330 Calls at the Bid: 1000 @ $18.8 vs 140 OI; Earnings 4/24 Before Open [est] Ref=$329.68

Caterpillar Option Alert: Jun 20 $350 Calls at the Bid: 500 vs 1531 OI; Earnings 4/24 Before Open [est] 

Caterpillar Option Alert: Jun 20 $350 Calls at the Bid: 500 @ $15.6 vs 1531 OI; Earnings 4/24 Before Open [est] Ref=$343.34

Caterpillar Option Alert: Jan 16 $380 Calls Sweep (9) near the Ask: 252 vs 216 OI; Earnings 4/24 Before Open [est] 

Caterpillar Option Alert: Jan 16 $380 Calls Sweep (9) near the Ask: 252 @ $21.2 vs 216 OI; Earnings 4/24 Before Open [est] Ref=$343.325

Caterpillar (NYSE:CAT) Bolsa

Caterpillar

Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Its reporting segments are: construction industries (40% sales/47% operating profit, or OP), resource industries (20% sales/19% OP), and energy & transportation (40% sales/34% OP). Market share approaches 20% across many products. Caterpillar operates a captive finance subsidiary to facilitate sales. The firm has global reach (46% US sales/54% ex-US). Construction skews more domestic, while the other divisions are more geographically diversified. An independent network of 156 dealers operates approximately 2,800 facilities, giving Caterpillar reach into about 190 countries for sales and support services.

Metaphor,Image,Of,United,States,Of,America,And,China,Trade

Large Cap

News

Global

Economics

Movers

Tech

AAPL

CARR

TSLA

Ford, Apple y Tesla encabezan la lista de empresas más vulnerables al nuevo aumento de aranceles entre EE.UU. y China.

10 empresas con exposición a la guerra arancelaria de Trump con China: Ford, Tesla, Apple, Disney y más

Fed Chair Jerome Powell

Equities

Government

Macro Economic Events

Regulations

Sector ETFs

Broad U.S. Equity ETFs

Federal Reserve

ETFs

AMGN

SPDR Dow Jones Industrial Average ETF Trust

INTC

SBUX

iShares Trust Barclays 20+ Year Treasury Bond Fund

El sólido reporte laboral de marzo no calma los mercados: Nasdaq cae 20 % desde máximos, Dow entra en corrección.

Nasdaq entra en mercado bajista y el Dow en corrección pese a fuerte empleo en EE.UU.

wall street chart shutter2

Bolsas globales caen tras represalias arancelarias de China a EE.UU. El S&amp;P 500 retrocede y Apple, Nike y Caterpillar lideran las pérdidas.

Wall Street se tambalea: Apple (AAPL), Nike (NKE) y Caterpillar (CAT) caen por nueva escalada arancelaria entre EE. UU. y China

Caterpillar Inc

Cambridge Bancorp Com

American Century ETF Trust American Century California Municipal Bond ETF

CAPSTONE TECH GROUP INC by Capstone Technologies Group, Inc.

Capstone Technologies Group Inc

Global X S&P 500 Catholic Values ETF

CLONE ALGO TECHS INC by Clone Algo Technologies Inc.

LionsGate INS

Catskill Litigation Trust

CAT9 GROUP INC by Cat9 Group Inc.

Cato Corporation (The) Class A Common Stock

The Cato Corp

GIYANI METALS CORP ORD by Giyani Metals Corp

Giyani Metals Corp

CAT STRATEGIC METALS CORP by CAT STRATEGIC METALS CORP.

CAT Strategic Metals Corp

4CABLE TV INTL INC by 4Cable TV International, Inc.

4Cable TV International Inc

CHINA TONTINE WINES LTD by China Tontine Wines Group Ltd.

China Tontine Wines Group Ltd

Perspective Therapeutics, Inc. Common Stock

Perspective Therapeutics Inc

Cathay General Bancorp

Morgan Stanley analyst Angel Castillo upgrades Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) from Underweight to Equal-Weight and lowers the price target from $300 to $283.

Upgrades

Price Target

Analyst Ratings

Morgan Stanley Upgrades Caterpillar to Equal-Weight, Lowers Price Target to $283

Canada announced a temporary six-month relief from its countermeasure tariffs on U.S. goods critical to domestic manufacturing, processing, and <a href="https://www.benzinga.com/topic/food-and-beverage">food and beverage packaging</a>.
The decision signaled a notable de-escalation in North America's trade standoff and aligned with a more conciliatory tone recently struck by the Trump administration.
The move follows Washington's unexpected shift in posture last week, when President Donald Trump pledged a 90-day pause on new reciprocal tariffs to allow for "fair" with strategic partners.
See Also: <a href="https://www.benzinga.com/government/regulations/25/04/44812727/bessent-says-tariffs-on-china-are-far-from-a-joke-dismisses-treasury-dumping-fears">Bessent Says Tariffs On China Are &#8216;Far From A Joke,&#8217; Dismisses Treasury Dumping Fears</a>
Canadian Finance Minister François-Philippe Champagne, in a press release Tuesday morning, emphasized the strategic nature of the tariff relief, which will apply to U.S. inputs used in key sectors vital to Canada's economic and national security. 
&#8220;We continue to stand by Canada's workers and businesses. Today, we're giving Canadian companies and entities more time to adjust their supply chains and become less dependent on U.S. suppliers. This will help make our economy stronger and more resilient," Champagne said.
<h3 class="wp-block-heading">Automakers Get A Conditional Pass</h3>
Canada also announced a performance-based remission framework aimed at automakers with operations in the country. 
Under this plan, manufacturers who continue to produce and invest in Canadian facilities will be allowed to import a limited volume of U.S.-assembled, CUSMA-compliant vehicles tariff-free.
&#8220;The number of tariff-free vehicles a company is permitted to import will be reduced if there are reductions in Canadian production or investment,&#8221; Canadian authorities highlighted.
On April 3, the U.S. implemented 25% tariffs on Canadian automobiles, targeting the non-U.S. content even in CUSMA-compliant vehicles. 
In response, Canada imposed its own 25% tariffs on U.S.-made vehicles that aren't CUSMA-compliant, as well as on the non-Canadian and non-Mexican components of compliant U.S. vehicles, on April 9.
Canada and the U.S. share a trade relationship worth more than $1.3 trillion annually, with over $3.6 billion exchanged daily. 
Canada is the top buyer of U.S. goods, absorbing 17.5% of American exports, while ranking as the second-largest source of U.S. imports. 
In sectors like autos and energy, the two economies operate as a single ecosystem—making trade skirmishes particularly disruptive.
<h3 class="wp-block-heading">A Financial Lifeline For Big Canadian Business</h3>
Champagne also confirmed that applications are now open for the Large Enterprise Tariff Loan Facility, a government-backed program to provide liquidity to firms hit hardest by the tariff fight. 
The facility targets companies tied to food, energy and national security, provided they weren't already in insolvency prior to the crisis. Eligible businesses must commit to maintaining operations and preserving jobs in Canada.
<h3 class="wp-block-heading">How Markets Reacted</h3>
The S&amp;P 500 rose 0.6% to 5,437 points by 9:00 a.m. ET, while the Dow Jones Industrial Average added 223 points, reaching 40,748.07. The Nasdaq 100 gained 0.9% and the Russell 2000 also climbed 0.9%.
Cross-border-exposed stocks moved with mixed momentum:
<ul>
<li>General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) dropped 0.6%</li>
<li>Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) declined 1.2%</li>
<li>Stellantis N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), which maintains a sizeable Canadian footprint, rose 0.6%.</li>
<li>Machinery exporter Caterpillar Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) edged up 0.5%</li>
<li>Canadian National Railway Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNI#NYSE">CNI</a>) added 1%.</li>
<li>Energy major Suncor Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SU#NYSE">SU</a>) gained 0.7%.</li>
<li>iShares MSCI Canada ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWC#NYSE">EWC</a>) rose 0.8%</li>
<li>Invesco CurrencyShares Canadian Dollar Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXC#NYSE">FXC</a>) held flat.</li>
</ul>
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/04/44812727/bessent-says-tariffs-on-china-are-far-from-a-joke-dismisses-treasury-dumping-fears">Bessent Says Tariffs On China Are &#8216;Far From A Joke,&#8217; Dismisses Treasury Dumping Fears</a></li>
</ul>
Image: Shutterstock

Politics

STLA

Canada Eases Retaliatory Tariffs On US Goods As Trade Tensions Thaw Under Softer Trump Stance: Stocks React

Management

Caterpillar Appoints Joseph E. Creed As CEO Effective May 1

JP Morgan analyst Tami Zakaria maintains Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) with a Overweight and lowers the price target from $490 to $380.

JP Morgan Maintains Overweight on Caterpillar, Lowers Price Target to $380

Despite <a href="https://www.benzinga.com/markets/25/04/44756353/xi-jinping-says-there-are-no-winners-in-tariff-war-as-china-slaps-125-tariffs-on-us-goods-urges-trump-to-immediately-correct-wrongdoings">growing concerns about renewed trade</a> tensions between Washington and Beijing, one analyst says the drama may be more performative than policy-driven.
What Happened: Marko Papic, chief strategist at BCA Research, downplayed the long-term impact of escalating U.S.-China tariff rhetoric, suggesting that the latest threats may be largely symbolic and unlikely to result in sustained economic disruption.
"As the kids would say — just for the LOLz," Papic said in an interview with CNBC on Friday, referencing what he sees as political posturing from both sides.
His comments come after China's finance ministry accused the U.S. of "bullying" and warned that aggressive tariff policies could make America look like a "joke" on the global stage.
Papic acknowledged that markets are reacting to fears of a policy-induced slowdown, particularly in sectors like commodities, but said those concerns may be exaggerated. "It's not like this is a great financial crisis," he noted.
He's also not convinced that these trade policies— tariffs and bringing manufacturing back—will actually work or happen as planned. "When was the last time any U.S. policymaker actually referred to them [tariffs] as revenue raisers?"
See Also: <a href="https://www.benzinga.com/25/04/44667862/oil-crashes-to-60-per-barrel-as-recession-fears-grow" target="_blank" rel="noreferrer noopener">Oil Crashes To $60 Per Barrel As Global Recession Fears Grow&nbsp;</a>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Commodity market will look through further tariff pain, says BCA&#039;s Marko Papic" width="500" height="281" src="https://www.youtube.com/embed/GkBg_irvOrk?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Why It Matters: On Friday, Xi Jinping sharply raised tariffs on U.S. goods from 84% to a record 125%. This came after President Donald Trump hiked tariffs on Thursday, pushing the cost of Chinese imports to at least 145%. This jump results from a new 125% retaliatory tariff layered on top of <a href="https://www.benzinga.com/25/04/44757476/asia-mixed-europe-slides-as-china-tariff-hike-escalates-tensions-gold-soars-dollar-hits-two-year-low-global-markets-today-while-us-slept">existing 20% duties</a>.
While these measures respond to Trump's tariffs, China itself isn't shielded from the fallout. Goldman Sachs has lowered its <a href="https://www.benzinga.com/government/regulations/25/04/44740040/chinas-growth-outlook-dims-as-trumps-125-tariffs-put-millions-of-jobs-at-risk-goldman-warns">growth forecast for the country</a> and warned that up to 20 million export-related jobs could be at risk. The investment bank, however, attributed this outlook not only to U.S. tariffs but also to broader global economic uncertainty.
A <a href="https://www.benzinga.com/news/global/25/04/44762211/10-companies-with-exposure-to-trumps-china-tariff-war-ford-tesla-apple-disney-and-more">Strategy Risks report has identified</a> major U.S. public companies most overexposed to China, evaluating them across categories like Business Fundamentals, Partnerships and Politics, Regional Issues, Supply Chain, and Capacity.
Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) topped the list, scoring high across all areas, especially in Regional Issues tied to human rights concerns and Supply Chain vulnerabilities.
Carrier Global Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CARR#NYSE">CARR</a>) leads China's commercial HVAC market with extensive operations, while Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) relies <a href="https://www.benzinga.com/25/04/44706383/apple-airlifts-iphones-from-india-and-china-in-72-hour-race-to-beat-trumps-tariffs-as-stock-sinks-amid-us-china-trade-panic">heavily on Chinese manufacturing</a> for most of its products, placing it squarely in the crosshairs of ongoing trade tensions.
Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) U.S. energy division risks soaring costs from tariffs on Chinese battery cells, potentially doubling Powerwall and Megapack production expenses. Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) is facing cost pressures from tariffs on key ingredients like sucralose, which may impact profitability.
Cummins, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) maintains deep ties to China through joint ventures and clean energy initiatives. RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>), with thousands of Chinese suppliers, has admitted that decoupling is unfeasible.
Honeywell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) has begun adding surcharges due to tariff-related supply disruptions. Walt Disney Co.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) CEO has raised alarms about the broader impact of tariffs, and Caterpillar, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) is confronting shrinking competitiveness as Chinese buyers turn to alternative suppliers.
Ford boasts a solid growth score of 78.49%, according to Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against</a> Apple, Tesla, Disney, and other major companies.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/quote/F"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/11231023/Screenshot-2025-04-12-at-8.40.16%E2%80%AFAM.png" alt="" class="wp-image-868750" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44695907/elon-musk-calls-trump-trade-advisor-peter-navarro-dumber-than-sack-of-bricks-defends-tesla-as-the-most-american-made-cars" target="_blank" rel="noreferrer noopener">Elon Musk Calls Trump Trade Advisor Peter Navarro ‘Dumber Than Sack Of Bricks,' Defends Tesla As ‘Most American-Made Cars'&nbsp;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Media

Trump And Xi Jinping's Tariff Threats May Be 'Just For The LOLz,' Says Analyst: 'It's Not Like This Is A Great Financial Crisis'

President Donald Trump raised tariffs on Thursday, increasing the price of Chinese imports to a minimum of 145%. The move combines a 125% reciprocal tariff increase with <a href="https://www.benzinga.com/25/04/44757476/asia-mixed-europe-slides-as-china-tariff-hike-escalates-tensions-gold-soars-dollar-hits-two-year-low-global-markets-today-while-us-slept">pre-existing 20% duties</a>. 
The trade war shows no signs of slowing down as China responded on Friday morning with a retaliatory tariff now standing at 125% <a href="https://www.benzinga.com/markets/25/04/44756353/xi-jinping-says-there-are-no-winners-in-tariff-war-as-china-slaps-125-tariffs-on-us-goods-urges-trump-to-immediately-correct-wrongdoings">on U.S. imports. </a>
Here's a look at which companies are most exposed to China and could be impacted by the ongoing trade war. 
A recent <a href="https://strategyrisks.com/data-products/">report</a> from Strategy Risks ranks the largest publicly traded American companies with overexposure to China based on the following criteria: Business Fundamentals, Partnerships and politics, Regional Issues, Supply Chain, and Capacity. 
Read Next: <a href="https://www.benzinga.com/25/04/44695907/elon-musk-calls-trump-trade-advisor-peter-navarro-dumber-than-sack-of-bricks-defends-tesla-as-the-most-american-made-cars">Elon Musk Calls Trump Trade Advisor Peter Navarro &#8216;Dumber Than Sack Of Bricks,&#8217; Defends Tesla As &#8216;Most American-Made Cars&#8217;&nbsp;</a>
<ul>
<li>Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) ranked in the top position as most overexposed to China with high scores in all criteria, especially Regional Issues (linked to human rights abuses and forced labor practices) and Supply Chain.&nbsp;</li>
</ul>
<ul start="2">
<li>Carrier Global Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CARR#NYSE">CARR</a>) dominates China's commercial HVAC sector and operates 11 manufacturing sites, 5 R&amp;D centers and over 300 sales/service branches in the country.&nbsp;</li>
</ul>
<ul start="3">
<li>Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) produces 90% of iPhones, 70% to 80% of iPads and 50% of Mac products in China, according to Wedbush. Tech analyst Dan Ives<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44670176/nvidia-apple-top-names-to-own-cybersecurity-stocks-to-outperform-tech-analyst-dan-ives-says"> recently said</a> Apple &#8220;is in the eye of this storm," referring to the trade war with China. </li>
</ul>
<ul start="4">
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) U.S. energy business faces existential risks due to tariffs on Chinese battery cells which could double production costs for Powerwalls and Megapacks, <a href="https://electrek.co/2025/04/09/tesla-tsla-surges-trump-bigger-tariffs-on-china-destroy-energy-business/">according</a> to Electrek.&nbsp;</li>
</ul>
<ul start="5">
<li>Coca-Cola Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) faces rising costs due to tariffs on critical raw materials like sucralose, sourced from U.S. and Chinese suppliers. The company noted in its 2024 annual report that tariffs could reduce profitability if price hikes fail to offset higher costs.&nbsp;</li>
</ul>
<ul start="6">
<li>Cummins, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) has a significant presence in China through strategic investments, joint ventures and innovation initiatives, particularly in clean energy and engine manufacturing.&nbsp;</li>
</ul>
<ul start="7">
<li>RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) said in 2023 that decoupling its supply chains from China was unrealistic. Former CEO Gregory Hayes said RTX had "several thousand" Chinese suppliers, and told the Financial Times that, "we are not in a position to pull out of China the way we did out of Russia."&nbsp;</li>
</ul>
<ul start="8">
<li>Honeywell International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) faces significant supply chain disruptions due to its large presence in China and heavy reliance on imported components. In March, following the initial tariff increases, Honeywell implemented a 6.4% tariff surcharge on Building Management System (BMS) products, and more surcharges are likely to follow as the trade war escalates. </li>
</ul>
<ul start="9">
<li>Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) CEO Bob Iger has expressed significant concerns about the impact of U.S. tariffs on Chinese imports, warning of broader economic consequences and specific challenges for Disney's operations. </li>
</ul>
<ul start="10">
<li>Caterpillar, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) faces significant challenges due to the escalating trade tensions, which have eroded the company's competitiveness in China. This is prompting buyers to seek alternative suppliers and forcing Caterpillar to reassess export strategies. </li>
</ul>
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/04/44667862/oil-crashes-to-60-per-barrel-as-recession-fears-grow">Oil Crashes To $60 Per Barrel As Global Recession Fears Grow&nbsp;</a></li>
</ul>
Image: Shutterstock

10 Companies With Exposure To Trump's China Tariff War: Ford, Tesla, Apple, Disney And More

WIIM

AGCO

ATMU

CMCO

CVGI

GTES

GTLS

HLIO

JBTM

LECO

MIDD

NDSN

PCAR

RAIL

TWIN

Shares of machinery companies are trading lower as stocks pull back after surging Wednesday following President Trump's tariff pause announcement.

The Industrial Select Sector SPDR Fund (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NASDAQ">XLI</a>) declined 2.4% to $123.71 Thursday morning, giving back part of its <a href="https://www.benzinga.com/25/04/44720006/markets-take-off-as-trump-announces-90-day-tariff-pause-for-non-retaliating-nations-slaps-china-with-125-duty">dramatic gains</a> from the prior session, as investors moved to lock in profits despite a <a href="https://www.benzinga.com/news/econ-s/25/04/44733390/march-inflation-rate-cools-far-more-than-expected-raises-hopes-for-near-term-fed-rate-cuts">surprisingly soft inflation report</a> that reinforced Wednesday's bullish macro shift.
What To Know: After surging more than 9% on news of President Donald Trump's 90-day pause on tariffs for non-retaliatory nations, XLI was down nearly 2% by mid-morning, reflecting broader market weakness and cautious repositioning.
The retreat comes even as fresh data from the Bureau of Labor Statistics showed inflation <a href="https://www.benzinga.com/news/econ-s/25/04/44733390/march-inflation-rate-cools-far-more-than-expected-raises-hopes-for-near-term-fed-rate-cuts">cooling more sharply</a> than expected in March. Headline CPI fell to 2.4% year-over-year, the lowest since September, while core inflation eased to 2.8%, a level not seen in four years. Monthly inflation contracted by 0.1% — the weakest print since May 2020 — helped by a 6.3% drop in gasoline prices.
Read Also: <a href="https://www.benzinga.com/25/04/44734009/tech-sector-heading-into-a-period-of-mass-uncertainty-amid-tariffs-and-upcoming-earnings-season-says-dan-ives-the-damage-is-real">Tech Sector Entering A Period Of &#8216;Mass Uncertainty&#8217; Amid Tariffs And Upcoming Earnings Season, Says Dan Ives: &#8216;The Damage Is Real&#8217;</a>
The inflation data added to optimism that the front-loaded impact of tariffs may be less damaging than feared. However, that wasn't enough to extend Wednesday's euphoric rally, which saw the S&amp;P 500 post its largest one-day percentage gain since 2008.
What Else: XLI, which tracks U.S. industrial giants like Caterpillar Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>), General Electric Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), Union Pacific Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>), Honeywell International Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) and 3M Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), is particularly sensitive to trade policy, global demand expectations and inflation. 
While the tariff pause and disinflationary surprise support a more favorable backdrop for cyclical sectors, Thursday's pullback likely reflects near-term profit taking after outsized gains and lingering uncertainty around the durability of the policy shift.
Markets are now recalibrating expectations ahead of the Federal Reserve's May meeting, with rate cut odds rising sharply post-CPI.
Read Also: <a href="https://www.benzinga.com/government/regulations/25/04/44736472/treasury-yields-rise-despite-cooling-inflation-data-as-bond-vigilantes-test-fed-resolve">Treasury Yields Rise Despite Cooling Inflation Data As &#8216;Bond Vigilantes&#8217; Test Fed Resolve</a>

General Electric And Caterpillar Lead XLI Pullback: What's Going On?

Alexandria Ocasio-Cortez (D-N.Y.) has called for a disclosure by Congress members after observing that the Nasdaq call volume spiked minutes before President Donald Trump&#8216;s announcement on a tariff pause.
What Happened: Trump announced a pause in the tariffs in a Truth Social post around 1:18 p.m. ET on Wednesday.
However, the data shared by Spencer Hakimian, the founder of Tolou Capital Management and Unusual Whales, a popular social media commentator and online suite for data feeds and tools on options flows, showed that call volumes for various contracts started spiking around 1:00 p.m. ET.
AOC, in an X post, said that &#8220;Any member of Congress who purchased stocks in the last 48 hours should probably disclose that now.&#8221;
While the disclosure deadline is May 15, AOC added that &#8220;We're about to learn a few things. It's time to ban insider trading in Congress.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Any member of Congress who purchased stocks in the last 48 hours should probably disclose that now. I've been hearing some interesting chatter on the floor. Disclosure deadline is May 15th. We're about to learn a few things. It's time to ban insider trading in Congress. <a href="https://t.co/YBKMGbraAu">https://t.co/YBKMGbraAu</a>
&mdash; Alexandria Ocasio-Cortez (@AOC) <a href="https://twitter.com/AOC/status/1910153921252696559?ref_src=twsrc%5Etfw">April 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
On the other hand, Unusual Whales highlighted that SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) 509 calls expiring on Wednesday, April 9, surged 2100% in one hour.
Meanwhile, Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) 406 calls expiring on April 17, also surged. &#8220;Insane, someone knew,&#8221; said Unusual Whales in its X post.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Alright, I think people knew of the tariff pause and traded it beforehand. You can see before Trump posted &quot;buy&quot; on Truth Social, traders opened <a href="https://twitter.com/search?q=%24QQQ&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$QQQ</a> <a href="https://twitter.com/search?q=%24TQQQ&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TQQQ</a> and <a href="https://twitter.com/search?q=%24SPY&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SPY</a> calls RIGHT BEFORE THE NEWS, someone opened <a href="https://twitter.com/search?q=%24SPY&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SPY</a> 509 calls, expiring TODAY!!!!!!!!!!!!!!!!!!!! Those calls are… <a href="https://t.co/8hG2i5Oijt">pic.twitter.com/8hG2i5Oijt</a>
&mdash; unusual_whales (@unusual_whales) <a href="https://twitter.com/unusual_whales/status/1910033260975165836?ref_src=twsrc%5Etfw">April 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/25/04/44705972/ford-motor-general-motors-to-witness-higher-demand-as-american-automotives-reap-the-fruit-of-protectionism-says-expert-heres-a-list-of-potential-gainers-and-losers">Ford, GM To Witness &#8216;Higher Demand&#8217; As American Carmakers Set To &#8216;Reap The Fruit Of Protectionism,&#8217; Says Expert: Here&#8217;s A List Of Potential Gainers And Losers From Trump Tariffs</a>
Why It Matters: Days before the pause, U.S. Rep. Marjorie Taylor Greene (R-Ga.) on Tuesday, April 8, disclosed the purchase of several stocks that faced steep drawdowns last week. This included tech giants Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
The purchases were made on April 3 and April 4, according to the <a href="https://www.benzinga.com/gov-trades/members/marjorie-taylor-greene">Benzinga Government Trades tracker</a>, and all trades reported in the filing have a reported value ranging from $1,000 to $15,000. 
Berkshire Hathaway Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>), Caterpillar Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>), Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), and FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) are some of the other <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/04/44697177/marjorie-taylor-greene-buys-the-dip-congresswoman-purchases-shares-of-apple-amazon-nike-and-more-following-tariff-related-sell-off">17 total stocks she purchased</a>. 
Price Action: SPY rose by 10.50% on Wednesday, whereas QQQ advanced 12.00%.
Nasdaq 100 rose to exit the bear territory and was down 13.85% from its previous record of 22,222.61 points. The S&amp;P 500 was still in the correction zone, down 11.23% from its last high of 6,147.43 points. Whereas Dow Jones was 9.91% lower than its 52-week high of 45,073.63 points.
On Thursday, the futures of Dow were down by 0.22%, and the futures of S&amp;P 500 and the Nasdaq 100 index were 0.56% and 1.03% lower, respectively.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/04/44705659/cathie-wood-points-to-serious-liquidity-issues-as-overnight-borrowing-rate-spreads-widen-on-spiking-treasury-yields-this-crisis-is-calling-out-for-some-kind-of-mar-a-lago-accord">Cathie Wood Points To &#8216;Serious Liquidity Issues&#8217; As Overnight Borrowing Rate Spreads Widen On Spiking Treasury Yields: &#8216;This Crisis Is Calling Out For Some Kind Of Mar-a-Lago Accord&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Market Summary

Futures

Options

Markets

General

AMZN

DELL

SPY, QQQ Call Volumes Spiked Minutes Before Tariff Pause Announcement: Alexandria Ocasio-Cortez Demands Disclosure From Congress Members

<a href="https://www.benzinga.com/news/25/04/44590350/courtroom-clash-no-thank-you-sparks-lawsuit-as-altman-shuts-down-musks-97-4b-bid">Elon Musk </a>is once again making headlines, this time with his AI startup xAI and its massive computing ambitions in Memphis, Tennessee. With plans to install one million Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) graphics processing units, Musk wants to turn the city into a global AI powerhouse.&nbsp;
But there&#8217;s just one small problem—power, lots of it. And Memphis&#8217;s grid might not be ready for the jolt.
<h2 class="wp-block-heading">A Supercomputer Dream Faces a Power Reality Check</h2>
Since June 2024, xAI has filed 14 construction permit applications totaling an estimated $405.9 million. These permits cover everything from a $30 million computer equipment installation to a $3.9 million crash-resistant perimeter fence, according to <a href="https://www.businessinsider.com/elon-musk-xai-data-center-colossus-power-memphis-2025-4">Business Insider</a>. But powering this supercomputer isn&#8217;t as simple as flipping a switch.
Don't Miss:
<ul>
<li>Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.55 per share now</a>.</li>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
</ul>
Musk&#8217;s company has requested 300 megawatts from Memphis Light, Gas and Water, or MLGW.&nbsp; Still, it has only secured approval for 150 megawatts so far, according to a Nov. 7<a href="https://tva-azr-eastus-cdn-ep-tvawcm-prd.azureedge.net/cdn-tvawcma/docs/default-source/about-tva/board-of-directors/november--7-2024/2024-11072024-board-meeting-minutes-signed.pdf?sfvrsn=fde0917c_1"> meeting report</a> by the Tennessee Valley Authority board of directors. That&#8217;s not nearly enough to keep 1 million graphics processing units humming.&nbsp;
To make up for this, xAI has applied to build an electrical substation, which uses gas-powered generators from Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) subsidiary Solar Turbines, which can produce a combined 250 megawatts. Still, this falls short of the massive energy needs ahead.
In a<a href="https://www.ted.com/talks/shaolei_ren_ai_consumes_a_lot_of_water_but_why"> TED Talk</a>, electrical and computer engineering professor at the University of California Riverside Shaolei Ren, said, &#8220;Every time you ask an AI chatbot a question, you also consume water—without realizing it. AI doesn&#8217;t just require computing power; it needs cooling, and that cooling comes with a cost.&#8221;
Trending: <a href="https://www.benzinga.com/money/how-a-10k-bet-on-health-care-originals-could-have-skyrocketed-your-portfolio">With Shares Starting at Just $1.52, This Could be Your Chance to Invest in the Future of Healthcare.</a>
<a href="https://arxiv.org/abs/2304.03271">According to the study</a>, "Making AI Less ‘Thirsty': Uncovering and Addressing the Secret Water Footprint of AI Models," which Ren was the corresponding author of, training the GPT-3 language model in Microsoft&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) state-of-the-art U.S. data centers can directly evaporate 700,000 liters of clean freshwater.
Despite the challenges, Memphis officials are eager to see the project succeed. They&#8217;ve called xAI&#8217;s investment a game-changer that could establish the city as a global AI hub. In an Oct. 5, <a href="https://www.youtube.com/watch?v=sQkYdv1w04o">WMC-TV</a> board meeting, Edge CEO Joann Massey said, &#8220;This is a phenomenal event that just happened in Memphis. This is the catalyst for growth, for moving our city forward, and a big investment. We all expect to see great things happening.&#8221; However, the power concerns are very real.
On Jan. 8, MLGW CEO Doug McGowen acknowledged the potential roadblocks during a <a href="https://memphistn.gov/watch-city-council-meetings/">public meeting</a> of the Memphis City Council, stating, "People can announce many things, and I think that&#8217;s important for our community—that we get excited about upcoming <a href="https://www.benzinga.com/markets/25/02/43575286/retiree-earning-60k-dividends-on-500-000-investment-shares-top-3-stock-picks-not-rich-but-not-compla">opportunities</a>. But as you know, there are pragmatic realities about a lot of things."&nbsp;
Read Next:
<ul>
<li><a href="https://www.benzinga.com/money/vatom-adv">Invest in the Future of Digital Engagement. Own a Piece of the $100 Billion Metaverse Today for Just $500.</a></li>
<li><a href="https://www.benzinga.com/money/startengine-own">The $1.3 billion startup investment boom: How this company's explosive growth is opening doors for everyday investors with a new $500 minimum</a></li>
</ul>

MSFT

NVDA

Musk's xAI Aims For 1 Million GPUs In Memphis—But Can The City's Grid Handle A $27B AI Power Surge?

ALSN

ASTE

BLBD

EPAC

ESAB

FELE

FSTR

LXFR

OTIS

PDYN

PRLB

SPXC

UGRO

WPRT

Shares of machinery companies are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

Editor's Note: This article was corrected to remove an inaccurate statement regarding Mullen Automotive.
Benzinga examined the prospects for <a href="http://www.benzinga.com/trading-ideas" target="_blank" rel="noreferrer noopener">many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.
Wall Street reeled this week as President Donald Trump's new global tariffs and hawkish Fed signals rattled investors. The tariffs triggered broad selloffs, dragging the S&amp;P 500 to its worst weekly loss since the pandemic's onset in 2020.
Stocks tumbled Thursday and Friday, with tech and consumer names especially hard-hit, as traders braced for higher costs and retaliatory trade risks. Concerns mounted over how renewed trade tensions could disrupt supply chains and weigh on corporate margins.
At the same time, Federal Reserve officials signaled fewer rate cuts ahead, compounding fears and sending bond yields higher, further pressuring equities across sectors.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.
The Bulls
<a class="" href="https://www.benzinga.com/25/04/44645277/why-is-ev-maker-mullen-automotive-stock-skyrocketing-today">&#8220;Why Is EV Maker Mullen Automotive Stock Surging Today?&#8221;</a>, by Shivani Kumaresan, reports that Mullen Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MULN#NASDAQ">MULN</a>) shares surged after the company announced that its U.S.-assembled electric vehicles, including those from Bollinger Motors, are not affected by new import tariffs, with 67% of Mullen&#8217;s and 71% of Bollinger&#8217;s components sourced domestically.
<a href="https://www.benzinga.com/news/earnings/25/04/44589883/why-cloudastructure-stock-is-soaring-tuesday">"Why Cloudastructure Stock Is Soaring Tuesday"</a>, by Adam Eckert, reports that Cloudastructure Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CLOU#OTC">CLOU</a>) shares jumped over 40% after the company reported a 161% year-over-year revenue increase in its fiscal fourth quarter and a significantly narrowed net loss.
<a href="https://www.benzinga.com/news/management/25/04/44597023/trumps-tariffs-could-spark-reshoring-boom-for-these-4-us-stocks">"Trump's Tariffs Could Spark Reshoring Boom For These 4 US Stocks"</a>, by Erica Kollman, explores how new U.S. tariffs and China's response could boost reshoring plays like Caterpillar Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>), Eaton Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>), General Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), and Emerson Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>).
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/markets/equities/25/04/44634431/altimeters-brad-gerstner-builds-up-nvidia-stake-after-trump-tariffs-applauds-semiconductor-exception">Altimeter's Brad Gerstner Builds Up Nvidia Stake After Trump Tariffs, Applauds Semiconductor Exception</a>
<a href="https://www.benzinga.com/trading-ideas/technicals/25/04/44610672/stock-of-the-day-will-johnson-johnson-rally-the-sell-off-may-have-ended">Stock Of The Day: Will Johnson &amp; Johnson Rally? The Sell-Off May Have Ended</a>
<a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44645518/strong-jobs-report-offers-hope-but-will-it-be-enough-to-counter-tariff-turmoil">Strong Jobs Report Offers Hope — But Will It Be Enough To Counter Tariff Turmoil?</a>
The Bears
<a href="https://www.benzinga.com/25/04/44629275/nike-stock-is-tumbling-thursday-heres-why">"Nike Stock Is Tumbling Thursday: Here's Why"</a>, by Adam Eckert, reports that Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) shares fell after Citigroup downgraded the stock to Neutral, citing weak consumer demand in China and concerns about the company's long-term growth strategy.
<a href="https://www.benzinga.com/news/offerings/25/04/44627275/lucid-stock-is-hitting-the-brakes-thursday-whats-driving-the-action">"Lucid Stock Is Hitting The Brakes Thursday: What's Driving The Action"</a>, by Adam Eckert, reveals that Lucid Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) shares dropped after the EV maker announced a $1 billion stock offering backed by Saudi Arabia's Public Investment Fund, raising dilution concerns among investors.
<a href="https://www.benzinga.com/news/global/25/04/44632479/retail-stocks-slammed-as-trumps-tariff-plan-sends-shockwaves-through-sector">"Retail Stocks Slammed As Trump's Tariff Plan Sends Shockwaves Through Sector"</a>, by Erica Kollman, reports that the new tariffs triggered a selloff in major retailers including Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>), and Target Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) over fears of rising costs and inflation.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/trading-ideas/technicals/25/04/44645278/coinbase-stock-drops-into-a-death-cross-will-xrp-futures-be-its-comeback-catalyst">Coinbase Stock Drops Into A Death Cross: Will XRP Futures Be Its Comeback Catalyst?</a>
<a href="https://www.benzinga.com/government/regulations/25/04/44647678/nasdaq-100-enters-bear-market-dow-in-correction-territory-traders-await-fed-chair-powells-remarks">Nasdaq 100 Enters Bear Market, Dow In Correction Territory, Traders Await Fed Chair Powell's Remarks</a>
<a href="https://www.benzinga.com/trading-ideas/movers/25/04/44618811/trump-tariffs-trigger-sell-off-on-holding-ast-spacemobile-lululemon-shopify-robinhood-tank">Trump Tariffs Trigger Sell-Off: On Holding, AST SpaceMobile, Lululemon, Shopify, Robinhood Tank</a>
Keep up with all the latest breaking news and trading ideas by following <a href="https://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener">Benzinga</a><a href="http://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener"> on X</a>.
Image created using artificial intelligence via Midjourney.

CLOU

LCID

MULN

Benzinga Bulls And Bears: Nike, Target, And Walmart Among Hardest-Hit Following Trump's 'Liberation Day' Tariffs (CORRECTED)

Citigroup analyst Kyle Menges maintains Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) with a Buy and lowers the price target from $430 to $320.

Citigroup Maintains Buy on Caterpillar, Lowers Price Target to $320

U.S. Rep.&nbsp;Marjorie Taylor Greene&nbsp;(R-Ga.) has been buying the sharp pullback in markets spurred by President Donald Trump&#8217;s sweeping reciprocal <a href="https://www.benzinga.com/markets/25/04/44678625/did-trump-team-manipulate-tariff-formula-to-achieve-higher-rates-experts-weigh-in-as-they-think-whole-thing-was-rigged">tariff announcement last week</a>. 
What To Know: Greene on Tuesday <a href="https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2025/20029089.pdf">disclosed</a> the purchase of several stocks that faced steep drawdowns last week, including tech giants Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>). The purchases were made on April 3 and April 4, according to the<a href="https://www.benzinga.com/gov-trades/members/marjorie-taylor-greene" target="_blank" rel="noreferrer noopener">&nbsp;Benzinga Government Trades tracker.</a>
The latest disclosure from Greene continues a trend of <a href="https://www.benzinga.com/25/03/44255172/marjorie-taylor-greene-buys-more-bitcoin-etf-shares-ahead-of-trumps-strategic-reserve-executive-order">increased trading activity</a> in recent years after she made limited moves in 2022 and 2023. Greene has developed a strong relationship with Trump and Tesla&#8217;s Elon Musk, and has a role in the Department of Government Efficiency (DOGE).
After disclosing the purchase of shares of a Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) ETF last month, Greene appears to be ramping up bets on some of the names that sold off on tariff-related concerns.
Here&#8217;s a look at the stocks Greene purchased last week:
<ul>
<li>Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</li>
</ul>
<ul>
<li>Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</li>
</ul>
<ul>
<li>Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)</li>
</ul>
<ul>
<li>Caterpillar Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>)</li>
</ul>
<ul>
<li>Dell Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>)</li>
</ul>
<ul>
<li>FedEx Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>)</li>
</ul>
<ul>
<li>IMPINJ Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PI#NASDAQ">PI</a>)</li>
</ul>
<ul>
<li>JPMorgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>)</li>
</ul>
<ul>
<li>Lam Research Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>)</li>
</ul>
<ul>
<li>Lululemon Athletica Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>)</li>
</ul>
<ul>
<li>Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>)</li>
</ul>
<ul>
<li>Norfolk Southern Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSC#NYSE">NSC</a>)</li>
</ul>
<ul>
<li>Old Dominion Freight Line Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>)</li>
</ul>
<ul>
<li>QUALCOMM Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>)</li>
</ul>
<ul>
<li>RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>)</li>
</ul>
<ul>
<li>Southern Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>)</li>
</ul>
<ul>
<li>United Parcel Service Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>)</li>
</ul>
All trades reported in the filing have a reported value ranging from $1,000 to $15,000.
It&#8217;s worth noting that broader markets are rebounding on Monday on hopes the Trump administration will be able to ink trade deals to lower tariffs.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44569292/congressman-buys-up-to-600k-in-bitcoin-etf-after-selling-1-million-in-goldman-sachs-stock-">Senator Buys Up To $600K In Bitcoin ETF After Selling $1 Million In Goldman Sachs Stock: Committee Assignment Could Be Red Flag</a></li>
</ul>
Photo: <a href="https://www.shutterstock.com/g/Phil+Mistry">Phil Mistry</a>/Shutterstock.

Long Ideas

Trading Ideas

$BTC

LRCX

LULU

ODFL

QCOM

Marjorie Taylor Greene Buys The Dip: Congresswoman Purchases Shares Of Apple, Amazon, Nike And More Following Tariff-Related Sell-Off

A report on April 7, 2025 shows that Representative Marjorie Taylor Greene from Georgia purchase stock in Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), valued between $19,019 and $285,000. According to the April filing, the transaction occurred on April 7, 2025.
At the time of writing, Amazon.com shares are trading up 3.57% at $181.53.
<h3>What Representative Has Been Trading Recently</h3>
Over the past three years, Marjorie Taylor Greene executed 261 trades totaling over $1.79 million. The largest of these trades were in Costco Wholesale and Home Depot stock. Some of the key transactions the Rep. has executed recently include: 
<ul>
<li>Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>): $1,001 - $15,000 Purchase</li>
<li>Berkshire Hathaway Inc. New Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>): $1,001 - $15,000 Purchase</li>
<li>Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>): $1,001 - $15,000 Purchase</li>
</ul>
Here is a list of Marjorie Taylor Greene's most recent trades:
<table>
<thead>
<tr>
<th>Company</th>
<th>Ticker</th>
<th>Stock Type</th>
<th>Amount</th>
<th>Transaction Type</th>
<th>Transaction Date</th>
</tr>
</thead>
<tbody>
<tr>
<td>Amazon.com</td>
<td>AMZN</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2025-04-04</td>
</tr>
<tr>
<td>Berkshire Hathaway Inc. New Common Stock</td>
<td>BRK.B</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2025-04-04</td>
</tr>
<tr>
<td>Caterpillar</td>
<td>CAT</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2025-04-04</td>
</tr>
<tr>
<td>Dell Technologies</td>
<td>DELL</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2025-04-04</td>
</tr>
<tr>
<td>FedEx</td>
<td>FDX</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2025-04-04</td>
</tr>
</tbody>
</table>
To stay updated on Marjorie Taylor Greene's trades and other congressional trades, try our <a href="https://www.benzinga.com/gov-trades/members/marjorie-taylor-greene">government trades tool</a> for live updates!
<h3>The Importance of Congressional Transactions</h3>
A congressional transaction is when any representative or senator either buys or sells an individual stock.
Anyone working in Congress must file a Periodic Transaction Report to inform the public of their recent transaction within 30 days of being notified of the transaction and within 45 days of the transaction date.
In April 2012, Former President Barack Obama signed the STOCK Act into law. The act prohibits members of Congress from using private information given to them by their position for personal gain such as buying or selling a stock. The act also expanded disclosure requirements for members of Congress by requiring them to file a monthly disclosure.
<h3>The Importance of Congressional Transactions</h3>
Congressional transactions shouldn't be the primary reason for an investing decision, but they can be an important factor for an investor to consider.
When a senator or representative makes a new purchase, it could be an indication they expect the stock to rise.
A sale, on the other hand, can be made for a variety of reasons, and may not necessarily mean the seller thinks the stock will go down.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Congressional Trading Report: Rep. Marjorie Taylor Greene Bought Over $19K In Amazon.com Stock

Shares of the Industrial Select Sector SPDR Fund (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NASDAQ">XLI</a>) are trading higher by 2.7% to $120.53 during Tuesday&#8217;s session, rebounding following recent weakness. The popular ETF is otherwise down 7.4% over the past week, as President Donald Trump's announcement of sweeping reciprocal tariffs triggered a <a href="https://www.benzinga.com/government/regulations/25/04/44670193/wall-street-turmoil-deepens-as-trump-threatens-massive-china-tariffs-bitcoin-wobbles-at-78k-whats-driving-markets-monday">broad market sell-off</a> in recent sessions.
The industrial sector—highly sensitive to trade policy and global growth—is among the hardest hit over the past week, with XLI dropping alongside escalating concerns about weakening demand, higher costs and disrupted supply chains.
<h2 class="wp-block-heading">What Is XLI?</h2>
The Industrial Select Sector SPDR Fund is an exchange-traded fund comprised of major U.S. companies involved in manufacturing, transportation, <a href="https://www.benzinga.com/topic/aerospace">aerospace</a>, defense and related services. 
Key XLI holdings include heavyweights like General Electric Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), Caterpillar Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>), Honeywell International Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) and Union Pacific Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>).
These companies form the backbone of the U.S. industrial economy and are deeply exposed to international trade, making XLI a direct casualty of <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44667104/speculators-raise-wagers-on-fed-emergency-rate-cuts-as-theories-of-self-induced-crash-gather-pace">tariff-related uncertainty</a>.
Read Also: <a href="https://www.benzinga.com/news/25/04/44672212/why-health-care-select-sector-spdr-fund-xlv-is-moving">Why Health Care Select Sector SPDR Fund (XLV) Is Moving</a>
<h2 class="wp-block-heading">Why Are Tariffs Hitting XLI So Hard?</h2>
Industrial companies rely heavily on global supply chains, international sales and capital spending—all of which are under pressure in a tariff-fueled environment. Here's how the latest trade developments are dragging down XLI:
<ul>
<li>Supply Chain Disruptions: Many of XLI's components import raw materials, components and machinery from abroad—especially from <a href="https://www.benzinga.com/news/25/04/44667173/why-ishares-china-large-cap-etf-fxi-is-getting-hammered">China</a>. New tariffs increase costs for manufacturers like Caterpillar and Honeywell, potentially squeezing profit margins and prompting some firms to delay production or pass costs on to customers. </li>
<li>Global Demand Weakens: With tariffs dampening global trade and business confidence, companies in the industrial sector are seeing reduced orders from overseas markets. Multinational firms like Boeing and 3M face declining demand in Asia and Europe, where retaliatory tariffs and <a href="https://www.benzinga.com/media/25/04/44657800/trumps-tariffs-stir-global-markets-wall-street-loses-2-trillion-and-more-this-week-in-economics">economic uncertainty</a> could weigh on spending and infrastructure investment. </li>
<li>Capex Pullbacks: Businesses across industries often cut back on capital expenditures when facing uncertainty. That means less investment in heavy equipment, machinery and transportation services—the very things XLI companies produce. </li>
<li>Transportation and Logistics Hit Hard: Railroads and freight carriers, including Union Pacific and FedEx, could feel the sting of reduced trade volumes. If demand for shipping and freight services falls—both domestic and international—this could reflect slowing global economy. </li>
<li>Investor Sentiment and Risk Aversion: The industrial sector is closely tied to the business cycle. When investors fear a slowdown, they often rotate out of economically sensitive sectors like industrials.</li>
</ul>
Read Also: <a href="https://www.benzinga.com/25/04/44683119/cvs-health-appoints-former-united-parcel-service-executive-as-financial-officer-stock-jumps-higher">CVS Health Appoints Former UPS And Pepsi Exec As Finance Chief, Stock Soars</a>

Industrial Select Sector SPDR Fund (XLI) Is Rising: What's Going On?

Truist Securities analyst Jamie Cook maintains Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) with a Buy and lowers the price target from $438 to $389.

Truist Securities Maintains Buy on Caterpillar, Lowers Price Target to $389

Caterpillar shares are trading lower after UBS downgraded the stock from Neutral to Sell and cut its price target from $385 to $243.

Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) has been analyzed by 13 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">5</td>
<td align="right">1</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">2</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">5</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">1</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $386.69, along with a high estimate of $490.00 and a low estimate of $243.00. Experiencing a 4.38% decline, the current average is now lower than the previous average price target of $404.42. 
<img src="https://www.benzinga.com/files/images/story/2025/1744052463_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of Caterpillar among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
&#x7C; Analyst &#x7C; Analyst Firm &#x7C; Action Taken &#x7C; Rating &#x7C;Current Price Target&#x7C; Prior Price Target &#x7C; 
&#x7C;--------------------&#x7C;--------------------&#x7C;---------------&#x7C;---------------&#x7C;--------------------&#x7C;--------------------&#x7C; 
&#x7C;Steven Fisher &#x7C;UBS &#x7C;Lowers &#x7C;Sell &#x7C; $243.00&#x7C;$385.00 &#x7C; 
&#x7C;David Raso &#x7C;Evercore ISI Group &#x7C;Raises &#x7C;In-Line &#x7C; $375.00&#x7C;$365.00 &#x7C; 
&#x7C;Michael Shlisky &#x7C;DA Davidson &#x7C;Raises &#x7C;Neutral &#x7C; $357.00&#x7C;$350.00 &#x7C; 
&#x7C;Jamie Cook &#x7C;Truist Securities &#x7C;Lowers &#x7C;Buy &#x7C; $438.00&#x7C;$455.00 &#x7C; 
&#x7C;Steven Fisher &#x7C;UBS &#x7C;Raises &#x7C;Neutral &#x7C; $385.00&#x7C;$355.00 &#x7C; 
&#x7C;Kyle Menges &#x7C;Citigroup &#x7C;Raises &#x7C;Buy &#x7C; $430.00&#x7C;$420.00 &#x7C; 
&#x7C;Tami Zakaria &#x7C;JP Morgan &#x7C;Lowers &#x7C;Overweight &#x7C; $490.00&#x7C;$515.00 &#x7C; 
&#x7C;Michael Feniger &#x7C;B of A Securities &#x7C;Lowers &#x7C;Buy &#x7C; $414.00&#x7C;$452.00 &#x7C; 
&#x7C;Angel Castillo &#x7C;Morgan Stanley &#x7C;Lowers &#x7C;Underweight &#x7C; $300.00&#x7C;$330.00 &#x7C; 
&#x7C;Steven Fisher &#x7C;UBS &#x7C;Raises &#x7C;Sell &#x7C; $355.00&#x7C;$295.00 &#x7C; 
&#x7C;Jamie Cook &#x7C;Truist Securities &#x7C;Lowers &#x7C;Buy &#x7C; $455.00&#x7C;$471.00 &#x7C; 
&#x7C;Kyle Menges &#x7C;Citigroup &#x7C;Lowers &#x7C;Buy &#x7C; $420.00&#x7C;$460.00 &#x7C; 
&#x7C;David Raso &#x7C;Evercore ISI Group &#x7C;Announces &#x7C;In-Line &#x7C; $365.00&#x7C;- &#x7C;
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Caterpillar. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Caterpillar compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Caterpillar's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Caterpillar's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/CAT/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Caterpillar analyst ratings.</a>
<h2>All You Need to Know About Caterpillar</h2>
Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Its reporting segments are: construction industries (40% sales/47% operating profit, or OP), resource industries (20% sales/19% OP), and energy &amp; transportation (40% sales/34% OP). Market share approaches 20% across many products. Caterpillar operates a captive finance subsidiary to facilitate sales. The firm has global reach (46% US sales/54% ex-US). Construction skews more domestic, while the other divisions are more geographically diversified. An independent network of 156 dealers operates approximately 2,800 facilities, giving Caterpillar reach into about 190 countries for sales and support services.
<h3>Caterpillar's Financial Performance</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Decline in Revenue: Over the 3M period, Caterpillar faced challenges, resulting in a decline of approximately -5.01% in revenue growth as of 31 December, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Caterpillar's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 17.21% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Caterpillar's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 14.35% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Caterpillar's ROA stands out, surpassing industry averages. With an impressive ROA of 3.21%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Caterpillar's debt-to-equity ratio stands notably higher than the industry average, reaching 1.97. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>How Are Analyst Ratings Determined?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing Caterpillar: Insights From 13 Financial Analysts

UBS analyst Steven Fisher downgrades Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) from Neutral to Sell and lowers the price target from $385 to $243.

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
03:50 PMMar 28, 2025	CALL	$330.00	Jun 20, 2025	62	2	1000	1	140	TRADE	BEARISH
03:11 PMMar 25, 2025	CALL	$350.00	Jun 20, 2025	62	557	500	36	1531	TRADE	BEARISH
01:49 PMMar 25, 2025	CALL	$380.00	Jan 16, 2026	272	252	252	117	216	SWEEP	BULLISH

Comments

Caterpillar

Unusual Options Activity for

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL