Lates News

In early trading on Tuesday, Caterpillar, a constituent stock of the Dow Jones Industrial Average, rose 2.6%. According to a report from Bank of America, Caterpillar is seen as a potential beneficiary of the AI craze. Its wholly-owned subsidiary Solar Turbines, which produces industrial gas turbines, has become an ideal power solution for AI data centers due to its fast delivery, modular advantages, and the limited capacity of the power grid.