Caterpillar Powers Up On Data Center Sales, Warns Of Bigger Tariff Bite

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Caterpillar Powers Up On Data Center Sales, Warns Of Bigger Tariff Bite
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Caterpillar's power equipment sales for data centers helped the Dow Jones Industrial Average heavyweight crush estimates in Q3, even though tariff costs dragged profit lower from a year ago. CAT stock is the top Dow performer early Wednesday, despite warning of an even bigger tariff bill in Q4. Caterpillar said it would face net tariff costs of $650 million to $800 million in Q4, after forecasting a $400 million to $500 million hit in Q3.

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