{
  "id": 16315883,
  "title": "Caterpillar Is Quietly Becoming an AI Stock. Here's the Segment Growing 72% That Proves It.",
  "url": "https://urgent.news/2026/10/24/caterpillar-is-quietly-becoming-an-ai-stock-heres-the-segment-growing",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-24T10:37:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/24/caterpillar-is-quietly-becoming-an-ai-stock-heres/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Caterpillar, most known for its farm and construction equipment, is quietly transforming into an AI-focused stock. This transformation is highlighted by a 72% surge in retail sales of power generation equipment, a segment expanding at a remarkable rate. This surge is driven by the soaring demand for large generator sets and turbines, crucial for powering data centers. With data centers consuming a significant portion of the U.S. electricity supply, expected to double by 2030, Caterpillar's power and energy segment is witnessing a boom. This growth is reflected in the company's record backlog of $72 billion, expanding by 92% in the past year. Caterpillar expects to report strong Q3 earnings, with Wall Street anticipating a 17% revenue increase and $7.03 per share earnings, up 42% from a year ago. Investors looking for long-term growth, beyond core AI stocks like Nvidia and Alphabet, may find Caterpillar an attractive option.",
  "summary": "Sales of power equipment to data centers are driving the company's sales and backlog expansion.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Caterpillar Is Quietly Becoming an AI Stock. Here's the Segment Growing 72% That Proves It.",
        "url": "https://urgent.news/2026/10/24/caterpillar-is-quietly-becoming-an-ai-stock-heres-the-segment-growing-16316601",
        "published": "2026-10-24T10:57:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}