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DE News8 articles
Caterpillar Gains on AI, Autonomy Push at CONEXPO as Industrials Rise
Caterpillar shares advanced 1.4% to $753.29 Monday following announcements of new technology and service initiatives at the CONEXPO-CON/AGG construction event in Las Vegas.
Caterpillar Gains on AI, Autonomy Push at CONEXPO Amid Labor Challenges
Caterpillar shares advanced 1.4% to $753.29 Monday following announcements of expanded rental programs, AI enhancements, and autonomous machinery demonstrations at the CONEXPO-CON/AGG event in Las Vegas.
Markets Await Key Inflation Data Amid Geopolitical Tensions
U.S. stock futures advanced Friday as investors braced for crucial GDP and inflation reports, while oil prices remained elevated due to Middle East tensions.
Industrial Sector Gains on Inflation Data Ahead of Key Fed, PCE Reports
Industrial stocks advanced Friday, with the XLI ETF climbing 0.82% after cooler-than-expected inflation data. Focus now shifts to Federal Reserve minutes and the PCE inflation gauge due this week.
Caterpillar Shares Gain Amid Insider Sale, Tariff Warning Ahead of Holiday
Caterpillar shares advanced 2.1% to $774.20 Friday following its annual report filing and an insider transaction, while management highlighted tariff headwinds and data-center demand.
Dow Steady After Mild CPI; Fed Minutes, GDP, and PCE Data Ahead
The Dow Jones Industrial Average closed slightly higher Friday at 49,500.93 following a softer-than-expected inflation reading, though it posted a weekly loss of 1.2%. Attention now turns to Federal Reserve minutes and critical economic data due after the Presidents Day holiday.
Caterpillar Gains as Argus Boosts Target to $820, Insider Sale Notice Filed
Caterpillar shares advanced 0.6% following a prior surge after Argus Research raised its price target to $820. An insider filed to potentially sell shares worth approximately $9.6 million.
Caterpillar Powers Dow Past 50,000 as Investors Shift to Industrials
Caterpillar surged 7% to $726.20, driving the Dow Jones Industrial Average above the 50,000 milestone. Investors rotated capital from technology into industrial stocks ahead of key U.S. economic data releases next week.