Energy Vault Lands Major 1.25 GW Deal to Power AI Data Centers in Texas
Energy Vault partners to deliver 1.25 GW off-grid power for a Texas hyperscaler AI data center, targeting $500–600M revenue in 2026–2027.
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Caterpillar Shares Jump as Strong Demand Drives Record Sales and Higher Guidance
Caterpillar reports record $20.5B Q2 sales (+24%), $8.17 adjusted EPS, and raises full-year growth forecast amid strong AI and construction demand.
Baird Downgrades Caterpillar Stock Over Data Center Construction Worries
Baird downgrades CAT stock over growing state and local bans on data centers. Near-term orders strong, but 2027-2028 slowdown expected.
Caterpillar Q1 2026 Earnings Beat: 22% Revenue Jump Fueled by Construction Boom & AI Data Centers
Caterpillar Q1 2026: sales +22% to $17.4B, strong profit. Construction +38%, energy +22% from AI data centers. Big backlog ahead.
Caterpillar Crushes Earnings on AI Data Center Boom Despite Tariff Headwinds
Caterpillar beats Q4 earnings estimates with $5.16/share as AI data center demand drives power equipment sales, though company warns of $2.6B tariff impact in 2026.
Caterpillar Crushes Q3 Earnings Thanks to AI Data Center Boom
Caterpillar exceeds Q3 profit estimates with $4.95 per share earnings, driven by surging demand for energy equipment needed to power AI data centers. Revenue hits $17.6B.