Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand
News Source : Yahoo Entertainment

News Summary

  • Shares of Caterpillar surged 14% in September, the best month since December 2023.
  • The rally brought the stock’s year-to-date gain to 32%, far outstripping the 17% gain in the Nasdaq 100 Index.
  • The stock advanced another 0.8% on Wednesday, with investors seemingly unperturbed after news that Dutch pension fund ABP had sold a €387 million ($455 million) stake in the company amid backlash over links to Israel's war in Gaza.
A Solar Turbines industrial gas turbine.(Bloomberg) The hunt for winners in the artificial intelligence gold rush has landed on an unlikely target oldline industrial equipment maker Caterpilla [+4911 chars]

Must read Articles

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

How Trump wants to reshape the federal government during the shutdown and more top headlines

News Source : By from Fox News

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Rare deal hits Amazons Echo Show 21 smart display with builtin Fire TV, video calling, and included stand at $85 off

News Source : By Justin Kahn from 9to5Toys

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Solo Leveling Brings Its Global Franchise OnChain Through Story

News Source : By PR DESK from ZyCrypto

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Notsosmall Kookaburra stretches the definition of a tiny house

News Source : By Adam Williams from New Atlas

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Sheff G Turns Himself In At Brooklyn Court To Begin 5Year Prison Sentence

News Source : By Lyndon Abioye from Mediatakeout.com

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Rogers Giving Away 500 Tickets to Every Blue Jays Postseason Game at Rogers Centre

News Source : By GlobeNewswire from Financial Post

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Cain International Drops the International, Rebrands as Cain

News Source : By Cathy Cunningham from Commercial Observer

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Twices Jeongyeon to skip Bulacan leg of This is For tour due to health reasons

News Source : By Gma Integrated News from GMA News

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Keith Urbans awkward interviews seemingly hinted at Nicole Kidman marriage issues

News Source : By from Fox News

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Open Thread Spurs partner with Lunazul Tequila

News Source : By Jeph Duarte from Pounding The Rock

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Frankfurt ready to bounce back against Bayern after Atletico mauling

News Source : By from CNA

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Hilton Announces Partnership with INSPIRE Entertainment Resort in South Korea

News Source : By Hilton from Hospitality Net

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Xbox Game Pass Price Increase Explained When Its Happening and if Its Still Worth Buying

News Source : By Vinay Patel from International Business Times

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Nirvana baby loses legal case over Nevermind album

News Source : By from BBC News

News image for article Caterpillar Emerges as Unlikely AI Winner on Turbine Demand

Nirvanas Nevermind Spencer Elden loses legal case over baby photo on album cover

News Source : By Ian Youngs from BBC News