The Story
News Summary
- Caterpillar faces institutional profit-taking despite blowout Q2 earnings and a record $72 billion order backlog.
- While surging AI data center power demand drives retail equipment sales up 72%, its elevated multiple of 28 times earnings sparks valuation friction among money managers accustomed to historical levels near 16.
Explore US30 price history & advisor snapshot
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Stored market data
US30 price history
52573.29
+13.19% over the displayed period
Advisor Snapshot
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