NYSE:CATMachinery
Caterpillar (CAT) Is Up 6.6% After AI Data Center Demand Drives Record Backlog And Earnings Beat
Caterpillar recently reported strong fourth-quarter 2025 results, with revenue and adjusted earnings surpassing expectations as its power and energy segment, supported by AI-driven data center demand, became its largest business by revenue and helped build a record US$51.00 billion backlog.
The company’s growing role in supplying power infrastructure for AI data centers and large-scale construction, particularly in markets like India and Latin America, is reshaping how investors view this...