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Caterpillar Beat Earnings and Still Dropped 9%. The AI Power Trade Just Hit the Same Wall as Software.

Source: 247wallst.com

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Caterpillar Beat Earnings and Still Dropped 9%. The AI Power Trade Just Hit the Same Wall as Software.

Caterpillar beat third-quarter adjusted EPS expectations, but its stock fell 9% before the bell to $647.90 on October 29, 2026. The article does not specify the size of the EPS beat or explain the decline.

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