Caterpillar is experiencing unprecedented demand driven by data center power needs shifting from backup to primary power generation. The company's backlog now exceeds 2.4 times last year's revenues, with orders extending through 2030, providing strong revenue visibility. Gross margins improved significantly, with Power & Energy margins rising to 24.6% in Q2, supporting potential earnings growth. Despite short-term valuation concerns, robust backlogs, margin expansion, and capital returns make Caterpillar a strong buy recommendation.
Bloom Energy's stock dropped 4% amid a slowdown in the AI power trade that had driven its shares up 165% this year. The company’s growth is heavily tied to data center operators building onsite power generation to meet AI energy demands. While Bloom ...
Caterpillar Inc. is investing up to $10 million in North Carolina as part of its $100 million Building the Future Workforce Initiative to prepare workers for modern manufacturing and technician roles. The funding supports workforce training, skill de...
Caterpillar announced that Denise Johnson, group president of Resource Industries, will retire effective February 1, 2027. Derrick York, currently president of Solar Turbines and senior vice president, will take over as group president of Resource In...
Caterpillar Inc. will announce its third-quarter 2026 financial results on October 29 at 5:30 a.m. CDT. The company will provide a live webcast and teleconference for investors and analysts starting at 7:30 a.m. CDT, accessible through their investor...
Caterpillar Inc.'s Board of Directors has decided to maintain its quarterly dividend at $1.63 per share, payable on November 19 to shareholders recorded by October 19. This marks the company's 33rd consecutive year of raising its annual dividend, und...
