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Caterpillar hits a $300B market cap for the first time, driven by demand for its data center power generation equipment; CAT is up 12% in 2026 to a record ~$640 (Matthew Griffin/Bloomberg) from Techmeme RSS feed.
Caterpillar hits a $300B market cap for the first time, driven by demand for its data center power generation equipment; CAT is up 12% in 2026 to a record ~$640 (Matthew Griffin/Bloomberg)
Matthew Griffin / Bloomberg:
Caterpillar hits a $300B market cap for the first time, driven by demand for its data center power generation equipment; CAT is up 12% in 2026 to a record ~$640 — Caterpillar Inc. shares extended a turbocharged rally fueled by bets on the industrial giant's artificial intelligence prospects …