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Caterpillar, Cummins expected to see $1.5 billion each in new revenue from selling backup generators to U.S. data centers
Stocks of both Caterpillar and Cummins have risen significantly due to the expansion of data centers across the U.S., as investors looking to profit from the AI wave are now buying shares in older ...
Engine manufacturer Cummins (NYSE:CMI) beat Wall Street’s revenue expectations in Q3 CY2025, but sales fell by 1.6% year on year to $8.32 billion. Its GAAP profit of $3.86 per share was 19% below ...
Cummins logged lower profit and sales in the third quarter, as it continues to face soft demand and uncertainty across a number of its end markets.
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