Caterpillar Powers Up On Data Center Sales, Warns Of Bigger Tariff Bite
CaterpillarCaterpillar(US:CAT) Investors·2025-10-29 11:17

Group 1 - Caterpillar's power equipment sales for data centers significantly exceeded Q3 estimates, making it the top performer in the Dow Jones Industrial Average [1] - Despite strong sales, Caterpillar warned of a net tariff cost of $650 million in Q4, which could impact profits [1] - The overall market indexes showed a rebound, with the Dow Jones hitting record highs amid positive comments from Federal Reserve officials [4] Group 2 - Analysts have raised price targets for Caterpillar, contributing to its strong performance in the market [4] - The stock market experienced volatility, with the Dow sinking while the Nasdaq performed worse, indicating mixed investor sentiment [4] - Caterpillar's relative strength rating jumped to 83, reflecting improved market perception [4]