Nandan Mandayam
- Indexed articles, last 90 days
- 2
- Latest publication
- Aug 4, 2026
- Outlet visibility, for Thestar
- Top 5K sites
- Earliest in this view
- Aug 4, 2026
Latest articles
Caterpillar lifts 2026 sales growth forecast as AI buildout powers on (opens the original)
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Aug 4 (Reuters) - Caterpillar raised its annual revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a buildout of AI data centers that has spurred demand for its power-generation and construction equipment. Shares of the company jumped 11% in premarket trading, sending Dow futures up 0.6%, after it cut its full-year tariff costs forecast to around $2.2 billion from the previously expected $2.2 billion to $2.6 billion.
Caterpillar raises 2026 sales growth forecast amid AI buildout demand (opens the original)
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Caterpillar raised its annual revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a buildout of AI data centers that has spurred demand for its power-generation and construction equipment. Shares of the company, which rose as much as 12% in early trading, were last up around 7%, on track for their best day in more than three months if gains hold. Caterpillar's stock jump also helped fuel a 1.8% rise in the blue-chip benchmark Dow Jones industrial ind
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Top 5K sites
For Thestar, the outlet · Measured Aug 1, 2026
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