The Latest Breaking News from Caterpillar

Caterpillar's stock price will top $650, potentially before the year's end, as AI demand drives demand for industrial equipment to build energy infrastructure.

Caterpillar is partnering with the chip giant to build a robotic factory in the U.S.

Caterpillar Inc (NYSE:CAT) is well positioned to benefit from the trend of data center operators increasingly looking for speed-to-power and reliability, which has "opened more doors for Solar outside of its traditional stronghold in the OG market," according to Raymond James.

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Caterpillar's strategic tech acquisitions and its key role in the AI data center boom are building a resilient, high-margin business for future growth.

Rising energy demands and technological advancements are reshaping the machinery landscape, setting the stage for industry giants to innovate and expand. BofA Securities analyst Michael Feniger raised the price forecast for Caterpillar, Inc. (NYSE:CAT) from $517 to $594, while retaining a Buy rating.

The main indexes fell sharply in early trading on rising China tensions, but rebounded thanks to encouraging bank earnings.

Caterpillar is capitalizing on soaring data-center energy demand with its high-margin turbines and power-generation business.

Caterpillar, Inc. (NYSE:CAT) shares are trading higher on Monday after the company inked a Scheme Implementation Deed with Australia-based RPMGlobal Holdings Limited.