๐ CAT pops +9% premarket โ Caterpillar smashes $20.5B record quarter on data center power boom
Caterpillar just reported its first-ever $20B+ quarter โ Q2 revenue hit $20.5B, up 24% YoY, crushing estimates. EPS of $8.17 demolished the $6.20 consensus. Power generation sales tied to data center builds climbed 29%, and North American construction surged 50%. Dow futures are up this morning with CAT as a key driver. Is the infrastructure supercycle still in the early innings? Not financial advice.
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