Stocks
CAT Stock Fades After Record Revenue Beat
Caterpillar, Inc. reported record quarterly revenue above $20 billion for the first time and raised its 2026 sales growth target.
The company cited surging data center demand as a key driver behind the raised guidance.
The stock surged after the announcement but then faded to close at 875.94, roughly a 65-point range from its opening price of 923.77.
The daily chart shows a neutral-to-bearish structure that has not yet confirmed the earnings rally.