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Caterpillar Rallied on Earnings. Then Gave Back Every Penny

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Breakdown

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Caterpillar's stock tied to AI hyperscaling and semiconductor trends

  • Caterpillar framed as tech stock tied to AI hyperscaling
  • Peaked June 30 then declined with South Korea semiconductors drop
  • Earnings initially welcomed but lost majority of gains
  • Strong open reversed into loss

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