Industrials › Farm & Heavy Construction Machinery
Caterpillar
- Ticker
- CAT
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Farm & Heavy Construction Machinery
Price data arrives in a later stage, so no price is shown yet.
Latest news
ImportantCAT
Explain this story: Why Caterpillar Stock Is Trading Higher During Friday's Session
Caterpillar Inc. (NYSE: CAT) shares are trading higher on Friday due to increased investor interest in AI infrastructure buildout and a reduced expectation for another Federal Reserve interest-rate hike. The company's Power Generation segment is experiencing rapid growth, driven by demand from data centers and major orders for natural-gas generator sets and turbines. This physical infrastructure cycle is positively impacting Caterpillar's bottom line, with a 17% year-over-year surge in Power & Energy sales in the second quarter.
OtherBenzingaSector and industry: IndustrialsFarm & Heavy Construction MachineryTell me moreShow less
We have not explained this story yet. The original headline, summary and link are below.
Caterpillar Inc. (NYSE: CAT) shares are trading higher on Friday due to increased investor interest in AI infrastructure buildout and a reduced expectation for another Federal Reserve interest-rate hike. The company's Power Generation segment is experiencing rapid growth, driven by demand from data centers and major orders for natural-gas generator sets and turbines. This physical infrastructure cycle is positively impacting Caterpillar's bottom line, with a 17% year-over-year surge in Power & Energy sales in the second quarter.
ImportantCAT
Explain this story: Caterpillar dealer faces ADA suit over fitness test it already scrapped
A federal lawsuit has been filed by the Equal Employment Opportunity Commission (EEOC) against Wagner Equipment Co., a Colorado Caterpillar dealer. The suit alleges the company violated the Americans with Disabilities Act (ADA) by firing a long-serving painter who couldn't pass a fitness test based on an outdated standard, despite the company having lowered the required physical demands for her role. The worker had suffered a knee injury and was tested on a "Heavy" classification requiring 100-pound lifts, even though her position had been reclassified to "Medium" with a 50-pound maximum lift while she was on medical leave.
Other
ImportantCAT
Explain this story: Caterpillar Agrees to Acquire John Fabick Tractor Company
Caterpillar (NYSE:CAT) has announced an agreement to acquire John Fabick Tractor Company, an independent Cat dealer that serves customers in Wisconsin, Michigan's Upper Peninsula, and parts of Missouri and Illinois. The acquisition, which is subject to regulatory approval and other closing conditions, is expected to be finalized within 30 days. This move aims to ensure continuity of customer service and maintain local support capabilities following the ownership transition.
Other
Company newsCAT
Explain this story: Can Caterpillar (CAT) Keep Growing as Construction Slows? AI May Hold the Key
Caterpillar (CAT) has seen its stock surge by 37% year-to-date, largely due to strong earnings and its expanding data-center power generation business, leading to a premium valuation. While construction remains a core segment, the company's diversification into power generation for AI data centers is a significant growth driver, bolstering its backlog. However, its high valuation, potential normalization in construction spending, and tariff risks pose challenges for future growth.
OtherInsider MonkeyIndustrials
Elsewhere
These links open other websites. We do not provide price data yet.