CAT is trading at $603.34 (-3.2%) amid a mixed market session, dropping despite several major AI announcements made at CES 2026.
- The announcements included the launch of the Cat AI Assistant and an expanded NVIDIA partnership.
- Management also committed to a $25 million workforce innovation pledge.
- The decline may reflect profit-taking after recent gains, as the Dow is also showing modest weakness (down 0.45%).