Caterpillar lifts 2026 sales growth forecast as AI buildout powers on

Caterpillar increased its full-year revenue growth forecast following better-than-expected second-quarter earnings results, as the company benefited from accelerating demand tied to AI infrastructure expansion. The heavy equipment manufacturer also trimmed its annual tariff costs projection to approximately $2.2 billion, down from a previous range of $2.2 billion to $2.6 billion. Share prices climbed in premarket trading, with the stock rising 11% on the announcement, while Dow futures gained 0