Caterpillar tops quarterly profit view, but shares sink after unchanged annual growth forecast

Oct 29 (Reuters) – Caterpillar beat third-quarter profit estimates on Thursday, buoyed by AI-driven demand for power-generation equipment, but its unchanged annual sales forecast raised questions over how long the data-center boom can drive growth. Shares of the company, known for its big yellow bulldozers and large mining trucks and seen as a bellwether for the global industrial economy, fell 9%…