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Caterpillar shares drop 10% despite earnings beat on AI outlook

Caterpillar shares dropped about 10 percent even though the company beat analysts' expectations for its results, amid rapid buildout of artificial intelligence infrastructure.

Caterpillar shares slump 10% despite earnings beat amid rapid AI buildout
Caterpillar shares drop 10% despite earnings beat on AI outlook
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Caterpillar shares dropped about 10 percent even though the company beat analysts' expectations for its results, amid rapid buildout of artificial intelligence infrastructure.