Caterpillar Erupts As Quarterly Sales Top $20 Billion For First Time Amid AI Data Center Boom
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Source: Zero Hedge
Published: 2026-08-04 21:45 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Technology & AI, Energy, Economy & Finance, Financial Markets, US Politics, Business & Economy
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Snippet:
Caterpillar shares jumped in pre-market trading after reporting a second-quarter beat, driven by strong growth in its heavy machinery, power and energy business amid the data center buildout, reshoring, and other activities reindustrializing the nation under the Trump administration.
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