In 2026, Caterpillar leads heavy machinery stocks with a 40% gain, driven by strong sales across construction, mining, and power sectors. Deere outperforms Wall Street estimates with rising earnings despite a shrinking agricultural equipment market, signaling a potential cycle bottom. PACCAR shows slower growth tied to a gradual freight market recovery. Investors should watch Deere closely as its gains rely on optimistic forecasts amid ongoing industry contraction. Upcoming equipment sales data will be key to assessing Deere's outlook for 2027.
Caterpillar's stock has risen 118.16% over the past year, driven by a surge in data center capital spending, record backlog, and margin expansion. The company reported a historic Q2 with $20.54 billion revenue, 24% growth year-over-year, and a backlo...
Shares of companies involved in behind-the-meter power for AI infrastructure, including FTAI Aviation, GE Vernova, and Caterpillar, fell 5-6% due to market worries about the scale of AI-related capital commitments by major tech firms. A Wall Street J...
Caterpillar Inc. has committed up to $3 million in Arkansas as part of its $100 million Building the Future Workforce Initiative to prepare workers for modern manufacturing and industry technician roles. The investment focuses on making training acce...
Swiss-based Gravis Robotics secured a $200 million Series A funding round led by SoftBank, marking the largest investment in construction robotics history and valuing the company at $1 billion. Gravis develops the Gravis Rack, an AI control kit that ...
