Shares of Caterpillar Inc. (CAT, Financials), a maker of construction and mining equipment, surged after the firm posted record second-quarter profits that comfortably beat Wall Street estimates as demand picked up across its core sectors.Revenue was up 24% from a year ago to $20.54 billion, exceed…
Record Q2 sales and revenues of $20.5B, up 24% year-over-year, with all segments contributing to growth and a $72B backlog. Raised full-year outlook to mid to high teens growth, with strong cash flow, robust demand, and continued investment in capacity and technology.Based on Caterpillar, Inc. [CAT…
NYSE issues a pre-market daily advisory direct from the trading floor.NEW YORK, Aug. 4, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.As…
Caterpillar Inc. (CAT) caught investors' attention on Tuesday after posting second-quarter results, with the heavy-duty equipment manufacturer recording its highest revenue ever, surpassing Wall Street analyst expectations.As of the writing, CAT stock surged 7% in premarket trade.CAT Q2 Results At…
Construction equipment company Caterpillar NYSE:CATwill be reporting results this Tuesday morning. Here’s what you need to know.Caterpillar beat analysts’ revenue expectations last quarter, reporting revenues of $17.42 billion, up 22.2% year on year. It was a stunning quarter for the company, with…
By Grace YoonCaterpillar said it acquired Skycatch, a provider of spatial data capture, processing and analysis solutions for the mining industry, as it moves to expand its mining technology capabilities.Caterpillar, a construction equipment manufacturer, said the purchase expands its portfolio of…
Caterpillar Expands Mining Technology Capabilities With Acquisition of Skycatch >CAT
Caterpillar: Acquisition Expands Portfolio of Data-Driven Mining Technology Solutions >CAT
Near-real-time spatial data and AI capabilities strengthen mine planning and executionIRVING, Texas, July 7, 2026 /PRNewswire/ -- Caterpillar Inc. (NYSE:CAT) has acquired Skycatch, Inc. (Skycatch), a leading provider of spatial data capture, processing and analysis solutions for the mining industry…
Caterpillar Inc. (NYSE:CAT) surged YTD despite Michael Burry's short and a ~4.6% session drop, driven by Q1 Power & Energy sales up 22% and aggressive expansion—turbine output rising 2.5x and large engine capacity 3x—while valuation sits near 39x forward P/E and 6x P/S.Previous Week Recap…
