Caterpillar Powers Up On Data Center Sales, Warns Of Bigger Tariff Bite

Caterpillar's power equipment sales for data centers helped the Dow Jones Industrial Average heavyweight crush estimates in Q3, even though tariff costs dragged profit lower from a year ago. CAT stock is the top Dow performer early Wednesday, despite warning of an even bigger tariff bill in Q4. Caterpillar said it would face net tariff costs of $650 million to $800 million in Q4, after forecasting a $400 million to $500 million hit in Q3 alone.