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30.04.26 - 18:27
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Caterpillar′s Parabolic Rise Continues As AI Boom Supercharges Generator Sales (ZeroHedge)
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Caterpillar's Parabolic Rise Continues As AI Boom Supercharges Generator Sales
Hyperscalers are deploying as much as $725 billion in capital expenditures this year, primarily on AI data center buildouts, and it comes as no surprise that Caterpillar posted solid first-quarter earnings, as surging on-site power demand has created a boom for the company's power-generation business.
CAT is one of the world's biggest makers of machines used to build, mine, dig, haul, and power industrial sites. But what has investors focused on in recent quarters is its energy and power unit, which makes diesel and natural-gas engines, generators, turbines, and backup power systems.
CAT reported first-quarter per-share profit excluding one-time items of $5.54, compared with $4.25 a year earlier, beating the average analyst estimate tracked by Bloomberg of $4.63.
The heavy-equipment maker reported that sales at its power and energy unit grew by 23% year over year, largely driven by strong demand for on-site power...
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30.04.26 - 13:02
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Caterpillar Inc. Q1 Profit Rises (AFX)
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PEORIA (dpa-AFX) - Caterpillar Inc. (CAT) released earnings for its first quarter that Increases, from last yearThe company's earnings totaled $2.549 billion, or $5.47 per share. This compares wit......
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29.01.26 - 20:24
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Caterpillar Earnings Beat Helped by Data Center Power Demand (Bloomberg)
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Caterpillar Inc. got an earnings boost from selling power generation equipment to AI data centers in its fourth quarter, helping drive quarterly results that topped Wall Street's expectations. Bloomberg's Chris Ciolino joins to discuss on Bloomberg Intelligence. (Source: Bloomberg)...
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29.10.25 - 19:54
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Caterpillar Soars as Data Centers Lift Power Equipment Sales (Bloomberg)
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Caterpillar Inc. shares soared the most in 16 years after the company posted stronger-than-expected earnings and revenue on the back of surging demand from AI data centers for its power-generation equipment.
The US company topped Wall Street's expectations in the third quarter after posting a 17% jump in revenue from its energy and transportation division from the year-earlier period. That outpaced sales growth in its more traditional divisions that supply mining and construction industries with heavy-duty machinery. Bloomberg's Chris Ciolino reports. (Source: Bloomberg)...
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