U.S. Stock Market Moves | Caterpillar (CAT.US) Soars Nearly 12% on Q3 Earnings Exceeding Expectations

According to the Wisdom Financial APP, on Wednesday, Caterpillar (CAT.US) soared nearly 12%, marking its largest increase since 2009 and setting a new historical high. On the news front, the company's third-quarter performance report was stronger than Wall Street's general expectations. With the help of the artificial intelligence boom, the company's revenue and earnings per share both saw significant growth. As demand for core power equipment and energy storage equipment for large artificial intelligence data centers expanded greatly, its energy and transportation business significantly boosted overall performance.