Caterpillar earnings beat helped by data center power demand
Caterpillar Inc. got an earnings boost from selling power generation equipment to AI data centers in its fourth quarter, helping ...
Tag: bloomberg
Fed holds rates steady, nods to stabilization in jobless rate
Federal Reserve officials left interest rates unchanged and pointed to improvements in the US economy as they signaled a more ...
Activist Plantro pushes for board overhaul at Ag Growth
An activist investor is pressing for a board shakeup at Ag Growth International, citing what it calls a severe governance ...
Caterpillar crosses $300 billion in market value on AI rally
Caterpillar Inc. shares extended a turbocharged rally fueled by bets on the industrial giant’s artificial intelligence prospects to push its ...
Apollo leads $1.2 billion investment in Brad Jacobs’ QXO
An investor group led by Apollo Global Management Inc. has agreed to invest $1.2 billion in QXO Inc. to support ...
Caterpillar’s worst 5 days since April show AI hype’s pitfalls
Caterpillar Inc.’s AI-powered rally stumbled as investors questioned the sustainability of the trade across US equities, sending the stock tumbling ...
USDA official casts doubt over a second round of farm aid
The US Department of Agriculture is unlikely to do a second-round package of aid for struggling farmers struggling in the ...
Canada’s building push puts Finning on a record run
The Canadian dealer of Caterpillar Inc.’s massive earth movers and bulldozers is benefiting from a construction boom that’s powered its ...
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