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Caterpillar Erupts As Quarterly Sales Top $20 Billion For First Time Amid AI Data Center Boom
Caterpillar Erupts As Quarterly Sales Top $20 Billion For First Time Amid AI Data Center Boom
Caterpillar shares jumped in pre-market trading after reporting a second-quarter beat, driven by strong growth in its heavy machinery, power and energy business amid the data center buildout, reshoring, and other activities reindustrializing the nation under the Trump administration.
Revenue soared 24% from one year ago to $20.54 billion, exceeding the $19.01 billion Bloomberg consensus estimate. Machinery, power and energy revenue climbed 25% to $19.58 billion, while operating income surged 51% to $4.21 billion, well...
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Mar 20, 2026 / Tyler Durden
First-Ever Look At America's Classified RQ-180 Stealth Drone?
First-Ever Look At America's Classified RQ-180 Stealth Drone?
The world is seemingly at war. With multi-front conflicts raging in Eastern Europe and intensifying in the Middle East, this period of elevated World War III risk has coincided with the emergence of some of America’s most advanced stealth aircraft.
The latest sighting comes from the Greek news website OnLarissa, which reports that a planespotter captured a "mysterious" stealth-bomber-like aircraft operating near Larissa, Greece, near the Hellenic Air Force (HAF) base.
The local outlet stated, "The ferocious warplane was reportedly parked due to...
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Aug 7, 2026 / Tyler Durden
Both Iranian & Israeli Officials Call Out 'Paper Tiger' Saudi Arabia
Both Iranian & Israeli Officials Call Out 'Paper Tiger' Saudi Arabia
Regional rivals and enemies are calling out Saudi Arabia as a "paper tiger" which must rely on others for protection and defense needs.
Criticisms of Riyadh are being issued on the same day the kingdom signed a major security pact with the other major Muslim-dominant nations of Pakistan and Turkey. Formally called the Makkah Joint Defense Agreement, it is essentially a NATO-style agreement for the 'Muslim world' - given that it stipulates and formalizes that an armed attack on any of the countries will...
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Mar 3, 2026 / Tyler Durden
"From Orderly Selloff, To Panic": Stocks, Bonds Plunge As Oil, Dollar Soar On Iran War
"From Orderly Selloff, To Panic": Stocks, Bonds Plunge As Oil, Dollar Soar On Iran War
US equity futures are down sharply, along with all global markets, as the Iran war expands and escalates (attack on US embassy in Saudi Arabia; uncertainty over duration of Strait of Hormuz closure; targeting non-military infra / businesses) rattling markets and sending oil and the dollar surging. Global bonds also plunge on fears that Trump’s “whatever it takes” vow on Iran will fuel energy prices and inflation. As of 8:00am ET, S&P futures are down 1.4%, off...
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