Caterpillar stock surges on data center boom: How the AI trade is expanding

Caterpillar Inc. (CAT) reported second-quarter earnings that beat Wall Street expectations, and its stock surged as investors bet on the data center boom expanding the AI trade beyond chipmakers. Business Insider executive editor Dan DeFrancesco and Yahoo Finance reporter Jake Conley discussed the results with Morning Brief host Julie Hyman.

Caterpillar's CAT https://finance.yahoo.com/quote/CAT/ second quarter earnings results beat Wall Street's expectations. Morning Brief host Julie Hyman chats with Business Insider executive editor Dan DeFrancesco and Yahoo Finance Breaking Business News Reporter Jake Conley about the results and the expansive AI industry.