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Caterpillar (CAT) Stock Drops 5% as It Snaps Up Mining AI Firm Skycatch
By Trader Edge at 2026-07-07 11:57
Sentiment: Unknown
TLDR Caterpillar acquired Skycatch, a spatial data and AI analytics company for the mining industry Financial terms were not disclosed The deal follows Caterpillar’s recent purchase of RPMGlobal, continuing a push into data-driven mining tech CAT stock opened at $928.58 Tuesday, down 4.94% on the day Wall Street holds a Moderate Buy consensus on CAT [...] The post Caterpillar (CAT) Stock Drops 5% as It Snaps Up Mining AI Firm Skycatch appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News
Source Coin Central