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Caterpillar Shares Eye 30% Slump as Oil Bites, AI Rally Stalls
First reported by Bloomberg ·
The signal
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Brief pending · reported by Bloomberg, the single source so far
What happened
Caterpillar Inc. shares are on track to fall more than 30% from their record high as concerns about oil prices, bond yields and the future of the artificial intelligence trade roil the industrial sect...
Source description shown. AI brief pending.