Investing.com - Caterpillar posted better-than-anticipated third-quarter income fueled by demand for the construction equipment needed to build out artificial intelligence infrastructure. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » However, shares in the industrial activity bellwether sank by more than 10% in premarket U.S. trading on Thursday. AI-exposed stocks dipped before the start of trading, after results from a slew of megacap tech firms revived worries over the sustainability of increasingly debt-driven spending on data centers and chips.
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