Today: 21 March 2026
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ASX:RPG 29 October 2025

Caterpillar’s Stock Rally Roars: AI Boom, $650 Target Fuel All-Time High

Caterpillar Stock Hits Record High on AI Data Center Boom – Experts Warn It’s “Priced for Perfection”

Caterpillar shares jumped 5% in pre-market trading Oct. 29 after Q3 results beat estimates, adding about $10 billion in market value. Q3 revenue reached $17.6 billion, driven by 17% growth in its energy segment from AI data-center demand. The stock trades near record highs, up roughly 45–50% year-to-date. Analysts remain divided, with some warning on valuation despite recent upgrades.

Stock Market Today

  • Strategy (MSTR) Nears Second-Highest Bitcoin Buy Quarter Amid Price Drop
    March 21, 2026, 4:26 PM EDT. Strategy (MSTR), the world's largest corporate bitcoin holder, is set for its second-biggest quarterly BTC accumulation despite a 20% price drop. Since January, it purchased 89,618 BTC, totaling 761,068 BTC, with two Mondays left for more buys. The record was in Q4 2024 with 194,180 BTC amid a price surge to $100,000. Bitcoin has since slumped over 40% from its $126,000 peak. Strategy's stock fell 15%. Recent bitcoin buys partly funded by sales of its Stretch (STRC) preferred shares, but STRC's price drop below $100 halted this source temporarily. The company's bitcoin buying hinges more on capital availability than price moves.
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