• Caterpillar (CAT) is up 3.2% to $978.32 in pre-market trading, extending a rebound.
  • The positive momentum follows Caterpillar's acquisition of Skycatch, announced on July 7, 2026, which expands its AI-driven mining technology capabilities.
  • The deal is seen as strengthening Caterpillar's position in digital and autonomous solutions, supporting higher earnings assumptions.