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Why Is Caterpillar Stock Popping This Week?

The Motley Fool Logo The Motley Fool By Matthew Benjamin
Why Is Caterpillar Stock Popping This Week?

Caterpillar reported strong Q3 earnings with a 10% revenue increase and significant growth in AI-related data center equipment sales, driving its stock price up by nearly 12%.

Insights
CAT   positive

Strong Q3 earnings with 10% revenue growth, 31% power generation equipment sales increase, and emerging revenue stream from AI-related data center infrastructure