Deere Plunges as Struggling Farmers Delay Machinery Rebound

Watch Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Lisa Mateo

- Christopher Ciolino, Bloomberg Intelligence Senior US Machinery Analyst, discusses Deere shares tumbling the most in over three years as the world’s biggest farm machinery maker pared its annual earnings outlook with lower grain prices curbing growers’ spending.

-Woo Jin Ho, Bloomberg Intelligence Senior Technology Analyst, discusses Cisco Systems giving a cautious forecast for the current fiscal year, with revenue expected to range from $59 billion to $60 billion.

-Matthew Schettenhelm, Bloomberg Intelligence Media Litigation Analyst, discusses why BI thinks any Nvidia, AMD export sales sharing lawsuit would need a prayer.

-Tom Metcalf, Bloomberg Finance Editor, discusses how US and Canadian banks are summoning staffers back to their offices at a faster rate than European rivals, widening the divide in one of finance’s defining workplace debates.

See omnystudio.com/listener for privacy information.