Today: 22 May 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.

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OpenAI Shares Hype Returns, Still No Ticker in Sight

OpenAI Shares Hype Returns, Still No Ticker in Sight

22 May 2026
OpenAI is preparing to confidentially file for a U.S. IPO, aiming to go public as early as September, sources told Reuters. The move follows a court win against Elon Musk, removing a key legal obstacle. Private-market share prices for OpenAI ranged from $658.94 to $732.38 this month, but no official public price exists. Ordinary investors still cannot buy OpenAI stock on public exchanges.
Estée Lauder Shares Gain as Rumored Deal Fails to Materialize

Estée Lauder Shares Gain as Rumored Deal Fails to Materialize

22 May 2026
Estée Lauder and Spain’s Puig ended merger talks that would have created a $40 billion beauty group. Estée Lauder shares rose about 10% in after-hours trading, closing the regular session at $78.91. The company said it will focus on its turnaround plan and continue reviewing possible acquisitions or divestitures.
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