Caterpillar falls 2% after-hours on higher tariff hit
Caterpillar shares dropped 2.7% in after-hours trade after warning Trump tariffs could cost up to $1.8B in 2025, above its earlier $1.5B estimate. The machinery giant now sees Q3 tariff costs at $500-600 mn and full-year profit margins near the low end of guidance. Retail sentiment on Stocktwits turned bearish amid trade policy uncertainty.