Connect with us

Tech

Why Caterpillar’s Stock Is Soaring

Published

on



With a history that dates back more than 100 years, Caterpillar went from a small tractor company with a single product to an international brand that stocks job sites worldwide with massive and distinctively mustard-colored equipment. As of 2021, Caterpillar was a high-flying stock as it hit a record of $197.54 on January 12, 2021. With commodity prices rising again, investors are betting that one of the world’s premiere names in industrial equipment will benefit from a new presidential administration, one that might push new infrastructure initiatives.

Correction (February 11, 2021): An earlier version of misstated the date and stock price for CAT’s all time high.

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Subscribe to CNBC PRO: https://cnb.cx/2NLi9AN

#CNBC

Why Caterpillar’s Stock Is Soaring

source

Continue Reading
30 Comments

30 Comments

  1. @tylerk3616

    January 15, 2024 at 9:12 am

    I find it funny how CAT has the 2nd highest ESG score in the world. That’s basically how much it’s determined the WEF and the string pullers like you. And this is a company that literally makes the largest mining and construction vehicles in the world, I guess that is good for the environment? Lol. Anyway, I guess I’m not surprised at all that we have a news corp essentially doing a commercial for the company.

  2. @BostonTerrierDad623

    January 15, 2024 at 9:12 am

    If you have to ask this, you don’t need to buy it. 😂

  3. @bighairycat

    January 15, 2024 at 9:12 am

    It's a pity that the Caterpillar product has become a huge joke in the industry and as a builder of new Cat machines i can tell you that the quality of the equipment has gone downhill very badly. We are receiving machines from the US, India and SE Asia that is extremely poor quality that require massive amounts of repairs before being delivered to the customer. All the trucks we are seeing from India require days of rewelding of chassis to allow parts to fit and just poor quality welds that require being gouged back and fully welded again. There is no quality in the product anymore and no quality assurance anymore.

  4. @freddieconcepcion9265

    January 15, 2024 at 9:12 am

    This is your story caterpillar from ex.enterpreses Inc
    Team-1
    Vnh

  5. @justwens2716

    January 15, 2024 at 9:12 am

    overpriced machinery.

  6. @zeeshan_engineering_services

    January 15, 2024 at 9:12 am

    Caterpillar product line is my passion, my life, my bread n butter by the bless of merciful almighty Allah❤

  7. @jikunpan4014

    January 15, 2024 at 9:12 am

    Be proud of CAT!

  8. @rp1645

    January 15, 2024 at 9:12 am

    When you look at the buy out of Bucyrus Mining
    Basically they just had to Repaint the big Shovels and Draglines. They had Bucyrus-Erie
    Foundry work force in there control. Look at them getting late into backhoe loader market. Took with the 416 the tryed and true Case backhoe, then on front they put the single cylinder bucket dump. A standard in the industry. Now there class 8 Truck's did not fair well. But when you look at it the Cat trucks came down a (International Trucks) assembly line. The Chinese have built Dozer's that look the same, taking about odd names brands, not the big Asian Manufacturer. The cab control look like Cats from 20 years ago. The track disconnect Levers coming straight back out of dash.

  9. @buckrogers5331

    January 15, 2024 at 9:12 am

    My dad was an engineer sent to service CAT machinery during the Vietnam War. My mom was worried sick for his safety, even though he was in the safe reserve areas. She needn't have to coz my dad had some wild times there with photos to show (which I discovered hidden away in a drawer when I was still a kid, lol)

  10. @bradenjones5346

    January 15, 2024 at 9:12 am

    I worked for kumotsu and currently for cat rn as a foundry worker in Illinois, cat puts them in the dirt cat treats workers amazing and if you work in the foundries in Illinois it’s nearly impossible to be laid off, in fact they closed 2 plants in North Carolina and Georgia and moved it to Illinois. Expanded again in the the Peoria metro area, my city is completely run by cat if it wasn’t for cat our city would be a ghost town.

  11. @bradkaberline5828

    January 15, 2024 at 9:12 am

    Then you get a person hurt or killed with an auto mated machine how does Osha get involved company error computer error not human error so bad idea

  12. @bradkaberline5828

    January 15, 2024 at 9:12 am

    Witch would cost the company more in repairs down time ect so it would cost the company more money than profit

  13. @bradkaberline5828

    January 15, 2024 at 9:12 am

    And a auto mated machine can't do walk around inspection of the machine it self to catch a small problem weld Crack ect from getting worse or even putting the machine it self out of commission

  14. @bradkaberline5828

    January 15, 2024 at 9:12 am

    You could not auto mare big mining equipment for the safety involved digging a deep trench there are more moving parts and things could happen were as an operator can catch the mistake before it gets out of hand just a thought safety thanks

  15. @thomasarchambault9463

    January 15, 2024 at 9:12 am

    Nobody can afford to buy this equipment thanks to Joe Biden and the Democrats. Our economy and purchasing power of the American dollar has been destroyed. Caterpillar equipment is seen all over the World, especially in 3rd World countries. 🤔 How is that even possible when the average American can’t even afford their used equipment?

  16. @Benjimac379

    January 15, 2024 at 9:12 am

    The best way for caterpillar to make more money into increase their stocks a lot more is to go back to the good ole Ag division and on Highway engine division! Gotta love my all American big yellow!

  17. @badasswood

    January 15, 2024 at 9:12 am

    Its because more predatory lending has been allowed , more people trying to start big companies that need machinery, then cat has pretty exceptional leasing programs, and they supply all civic, and public works projects for starters…besides that, mining, chopping a mountain in half to get to the good copper, and lithium for the tech industry requires big machinery…think your tesla is oil free??? Lol…

  18. @jeffreyboarman4032

    January 15, 2024 at 9:12 am

    Why buy when you can lease it

  19. @emjaycpe

    January 15, 2024 at 9:12 am

    Probably because they laid my ass off in 2017 :'( :p

  20. @asimoford4994

    January 15, 2024 at 9:12 am

    "CAT" ,the best company for heavy equipments.

  21. @aidenkim6629

    January 15, 2024 at 9:12 am

    I thought it was just CAT

  22. @AuburnKing21

    January 15, 2024 at 9:12 am

    So Caterpillar is literally just focusing on planned obsolescence so they can charge for for everything that breaks. Why is capitalism so broken????

  23. @brianpearce6537

    January 15, 2024 at 9:12 am

    There is a date written wrong at 2:50 … you say 1909 and you have written 1979! But enjoyed the programme – very interesting – thank you ..

  24. @anajit

    January 15, 2024 at 9:12 am

    Good job

  25. @yeaggermiester

    January 15, 2024 at 9:12 am

    Sounds like caterpillar is going to be the next Boeing. I.e. the next dying American brand formally known for bulletproof engineering excellence

  26. @taylorjohnson4943

    January 15, 2024 at 9:12 am

    Large scale autonomous mining operations and construction dig operations would most certainly be the future of this equipment. Large scale infrastructure projects can more efficiently be dealt with

  27. @arayabuchichi3798

    January 15, 2024 at 9:12 am

    Another inaccurate news 📰

  28. @alparslankorkmaz2964

    January 15, 2024 at 9:12 am

    Nice video.

  29. @zackcap1816

    January 15, 2024 at 9:12 am

    It is a union job. I dont think you need biger reason why they are faling apart.

  30. @coltc6622

    January 15, 2024 at 9:12 am

    Stocks are gonna soar after the president signed the new infrastructure deal? Till the green new deal doesnt allow any diesel engines lol these machines cant run on solar power lmfao

Leave a Reply

Your email address will not be published. Required fields are marked *

Tech

Apple’s John Ternus Era Begins — Here’s What To Expect

Published

on

By



Tuesday is John Ternus’ first day as CEO of Apple, following Tim Cook’s 15-year run as the top leader. Ternus is a 25-year company veteran and was Apple’s senior VP of hardware engineering. Ternus takes over as Apple confronts major challenges due to soaring memory costs and the company’s precarious position in AI. CNBC technology reporters Kif Leswing and MacKenzie Sigalos discuss what’s next for the iPhone maker and what to expect from Ternus and Cook in their new roles.

Topics:
00:00 Introduction
00:14 Who is John Ternus?
00:59 AI era
3:00 What to expect from September 9th event
6:40 Tim Cook’s role
8:33 Smooth transition
11:18 Siri AI
15:12 Competition
16:59 ‘Expect no changes’
19:45 The importance of the Mac
22:07 Biggest challenge

Reporters MacKenzie Sigalos, Kif Leswing
Edited by Erin Black
Camera by Andrew Evers
Senior Director of Video Jeniece Pettitt

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC

#CNBC

Apple’s John Ternus Era Begins — Here’s What To Expect

source

Continue Reading

Tech

How The U.S Became So Dependent On Taylor Farms

Published

on

By



Taylor Farms has been linked to cyclosporiasis and salmonella outbreaks this summer. After years of consolidation, experts say the company’s ability to control every stage of the supply chain has made it indispensable to grocers and restaurant chains, while raising the stakes for consumers when things go wrong. CNBC food and wellness reporter Brandon Gomez explains how the U.S. became so reliant on Taylor Farms.

Chapters:
0:00 Introduction
1:40 Chapter 1: Concentration of risk
6:35 Chapter 2: Food giants’ reliance on Taylor Farms
7:30 Chapter 3: Does America have a better option?

CREDITS:
Reporting by: Brandon Gomez
Produced by: Ryan Baker
Edited by: Darren Geeter, Andrea Miller
Camera and Additional Reporting: Natalie Rice
Animation by: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC

#CNBC

How The U.S Became So Dependent On Taylor Farms

source

Continue Reading

Tech

Meerkat vs. Periscope: Live-Streaming Apps | Tech Bet | CNBC

Published

on

By



Is live-streaming going to be the next big thing that occupies everyone’s time on social media? Meerkat and Periscope, two new apps, are betting so. CNBC’s Dominic Chu compares the platforms.
» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Find CNBC News on Facebook: http://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC
Follow CNBC News on Google+: http://cnb.cx/PlusCNBC
Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC

Meerkat vs. Periscope: Live-Streaming Apps | Tech Bet | CNBC

source

Continue Reading

Tech

Meta’s more sophisticated AI model Muse Spark is here, with ‘contemplating’ mode

Published

on

By



Meta has quietly rolled out the most sophisticated version of its Muse Spark AI model, which deploys multiple agents to research and synthesize a consolidated answer. CNBC’s Julia Boorstin has more.

source

Continue Reading

Tech

Tesla And Former Camera Supplier, Mobileye Engage In Public Dispute | Tech Bet | CNBC

Published

on

By



Tesla chief executive fires back at Mobileye on safety concern accusations.
» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Find CNBC News on Facebook: http://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC
Follow CNBC News on Google+: http://cnb.cx/PlusCNBC
Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC

Tesla And Former Camera Supplier, Mobileye Engage In Public Dispute | Tech Bet | CNBC

source

Continue Reading

Trending

On this website we use first or third-party tools that store small files (cookie) on your device. Cookies are normally used to allow the site to run properly (technical cookies), to generate navigation usage reports (statistics cookies) and to suitable advertise our services/products (profiling cookies). We can directly use technical cookies, but you have the right to choose whether or not to enable statistical and profiling cookies. Enabling these cookies, you help us to offer you a better experience.