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CMI News2 articles
Caterpillar Stock Surges Past $740 Amid Record Dow Close; Insider Transactions Filed
Caterpillar shares gained 2.2% to $742.12 as the Dow Jones Industrial Average closed at a new record high. Two company executives exercised options and sold shares, while retail sales data showed a 44% jump in power generation.
Cummins Shares Surge on Upgraded Price Target, Data Center Demand in Focus
Cummins stock climbed over 4% after Raymond James raised its price target to $675, citing data center power needs and a potential truck market recovery. Investors await the May 21 Analyst Day for strategic updates.