Caterpillar reports a strong earnings quarter, with profit nearly doubling and revenue reaching a record level, driven by demand for equipment used in data-centre construction and power-related projects. Multiple outlets say the company’s second-quarter results show revenue rising sharply year over year—reported as up 24%—and that quarterly sales exceed $20 billion for the first time in the company’s history. The reported quarter is linked to sustained build-out activity for data centres, including demand for construction and power equipment. Markets respond positively: Yahoo Finance reports Caterpillar’s shares jump by roughly 9–10% following the results, and MarketWatch describes the reaction as a major earnings beat relative to expectations, citing the stock surge after the company posts what it characterizes as its biggest earnings beat in several years. The Globe and Mail and Quartz also attribute the performance largely to the data-centre-driven construction boom, highlighting record revenue and profit gains in the quarter. Overall, the sources present consistent figures on profit growth, record revenue, and the market rally tied to the company’s quarterly results.