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Auxier Highlights Caterpillar and AI Infrastructure Buildout in Quarterly Letter

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Auxier Asset Management highlighted Caterpillar Inc.
  • in its quarterly letter, emphasizing that industrial firms are benefiting from AI data center infrastructure and power generation demand.
  • The firm also cautioned about rising market leverage and margin debt amid strong broader market gains.
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