Caterpillar Cashes In On AI Buildout, Raises 2026 Sales Outlook
Caterpillar stock surges on record Q2 2026 revenue of $20.5B, crushing estimates. CAT raises its full-year sales outlook.
Caterpillar sold way more stuff than people expected in the latest quarter, mostly because companies building AI data centers need lots of equipment. When a big company does better than expected and raises its plans, it can mean things are going well for them.
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