
Companies such as Caterpillar and Cummins are pivoting to feed a booming market for once-prosaic machinery.
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Companies such as Caterpillar and Cummins are pivoting to feed a booming market for once-prosaic machinery.

Aug 14 () - Global equity funds attracted inflows for a 12th consecutive week through August 12, buoyed by optimism over a strong earnings season and data showing weaker-than-expected U. payroll growth and easing inflation, which tempered expectations of a Federal Reserve rate hike.

Massive spending on data centers and AI infrastructure can benefit “HALO” companies: hard assets, low obsolescence.

For some time, it seemed as though owners of existing power plants—such as Vistra and Constellation Energy —were in a great spot. With demand growth outstripping new power supply, incumbent power plants could reap higher prices for their output without putting much capital at risk. Power plant owners have had a rough year on the stock market.

Record $20.5B quarterly sales driven by data center demand and a $72B backlog.
Futures for the Dow Jones Industrial Average and the other major stock indexes traded higher Tuesday, after it was reported the U.S. and Iran had reached "some sort of an arrangement" for a peace deal.
Caterpillar delivered a quarter that its own leadership called historic. Sales topped $20 billion for the first time in company history, and profit per share jumped 73% from last year. Notably, Caterpillar's (CAT) adjusted operating margin came in at 21.9%, boosted by a surprise recovery of tariff ...
Manitowoc (NYSE:MTW) reported higher second-quarter sales, orders and adjusted EBITDA, citing strong crane demand, improved operating execution and a net benefit from tariff-related items. The company raised its full-year outlook for sales, adjusted EBITDA, earnings per share and free cash flow. Se
Aug 7 (Reuters) - U.S. equity funds recorded outflows in the week to August 5 as some investors cashed in gains after a record-setting market rally and awaited Friday's July jobs report, a key input
Caterpillar raises its 2026 sales outlook as record backlog, stronger segment demand and added power capacity support higher second-half growth.
The industrial equipment maker saw stronger-than-expected North American construction sales and continued momentum for AI-related infrastructure. A $392 million tariff refund also bolstered profits.
Korean memory-chip manufacturer SK Hynix late last month booked roughly $65 billion in profit for the quarter ended June 30, a 13-fold increase from last year. Hynix earned almost as much money in 90 days as it had in the prior 29 years since its IPO, total. The reports, though outstanding on basically every measure, still fell short of Wall Street’s sky-high expectations for chip companies.
CAT delivers historic Q2 with 73% adjusted EPS growth, driven by surging data center demand and broad-based strength across all segments.
Caterpillar (NYSE:CAT) reported record second-quarter sales and revenues of $20.5 billion, up 24% from a year earlier, as demand increased across its Construction Industries, Resource Industries and Power & Energy segments. The company said it was the first quarter in its history with more than
Data-center developers’ demand for generators is booming, and Caterpillar is racing to meet it. The construction equipment maker said Tuesday it converted an existing plant in Wamego, Kan., to make turbine engines popular with data centers. Caterpillar also is resuming production of 10-megawatt generators, last made in 2022, and which the company expects to begin shipping in the fourth quarter.
Caterpillar shares jumped in early trading after the heavy-equipment provider raised its outlook for the year—giving the Dow industrials a big lift. As of right now, the stock has single-handedly added 313.
Caterpillar Inc. crushed Wall Street's second-quarter expectations as the company reported stronger sales across its businesses, posted a record equipment backlog and increased its forecast for 2026 sales. Matthew Griffin reports on Bloomberg Television.
Caterpillar said the artificial intelligence boom continues to drive demand for its engines and generators, while healthy construction spending is spurring sales of its dump trucks, bulldozers and excavators.
By Nandan Mandayam Aug 4 (Reuters) - Caterpillar raised its annual revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a buildout of AI data centers that
Catapillar stock jumped on Tuesday as quarterly revenue topped $20 billion for the first time.
The equipment maker posted $20.5 billion in quarterly sales for the first time in its history, driven by demand for construction and power gear
Ahead of Caterpillar Inc‘s second-quarter earnings report, set to be released before the opening bell on Tuesday, Aug. 4, some investors may be eyeing potential gains from the company’s dividends. Currently, the construction equipment maker has an annual dividend yield...
Aug 4 (Reuters) - Nasdaq futures rose on Tuesday after strong forecasts from Palantir and ON Semiconductor reassured investors about AI-driven demand, while Middle East developments and U.S. earnings
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