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-0.0020824558940521 -0.000327577331648618 -0.000889138471617753 0.00613037577799617 0.0184496232860687 0.0339569001825073 0.034793392297253 0.0294935420468904
Stock impact report

Caterpillar stock jumps on record backlog, boom in power and energy equipment for data centers [Yahoo! Finance]

Caterpillar, Inc. (CAT) 
Last caterpillar, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: caterpillar.com/en/investors.html
Company Research Source: Yahoo! Finance
What's behind the move: The heavy equipment maker noted “robust order activity” and a record backlog in the first quarter, in part fueled by the artificial intelligence infrastructure build-out. NYSE - Nasdaq Real Time Price • USD Caterpillar Inc. (CAT) Follow View Quote Details At close: April 29 at 4:00:02 PM EDT Pre-Market: 9:08:14 AM EDT Advanced Chart Caterpillar noted that its Power & Energy segment's total sales jumped an annualized 22% in the first three months of the year. The growth was driven by electricity generation equipment for data centers, including engines, turbines, and turbine-related services. The company now estimates full-year revenue growth will be in the low double digits, significantly higher than the 7% growth rate it had previously projected. What else you need to know: Caterpillar has become a winner of the AI trade by providing the massive power infrastructure required to keep data centers running. Caterpillar expects the Trump Show less Read more
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