SUPERNEWS - NYSE:CAT (Caterpillar, Inc.) Stock Price, News, Quote, History

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Mustang Cat's $30M HQ Move to Waller, Aims for Growth

Wall Street Battles SEC's CAT Amid Privacy, Cost Concerns

Wall Street challenges SEC's CAT, aiming to collect 500 billion trading records daily, citing privacy and overreach concerns.

5/2, 06:45 EDT

Caterpillar Expands DFW HQ by 50K sf, Targets May 2025 Finish

Caterpillar expands DFW headquarters by 50K sf, signaling Irving's growing appeal to major corporations amidst office market shifts.

4/11, 16:43 EDT

Fermat's Cat Bonds Soar 20%, Eye Cyber Risk Expansion

<img src="https://cdn.tickerbell.ai/article/img/971d2b9ac7aa-4219-a651-a6f0c5fb6dcc.png" alt="article-main-img" class="article-img" /> Fermat Capital Management matched the Swiss Re Global Cat Bond Performance Index with a 20% gain, capitalizing on strong investor interest and increased issuance of cat bonds. - The cat bond market reached a record $45 billion in size after $16.4 billion in new issuances in 2023, driven by climate change and inflation impacts on rebuilding costs. - With stakes in 80% of the market's securities, Fermat is eyeing growth areas like cyber risk and secondary perils despite uncertainties around data and modeling. ## Fermat Capital Management's Record Year Fermat Capital Management has had its best year in over two decades, with a 20% gain in the Swiss Re Global Cat Bond Performance Index. The hedge fund, managing about $10.8 billion of assets, saw record results from its outsize bets on catastrophe bonds. ## Growth in Cat Bond Market The cat bond market has seen significant growth driven by climate change and increasing extreme weather patterns. Last year alone, natural disasters led to $250 billion of global losses, with only $95 billion insured. This has led to greater issuance of cat bonds to cover uninsurable risks and fill the gap left by traditional insurance. ## Future Opportunities and Expansion Fermat is the world’s biggest investor in cat bonds and expects continued growth opportunities in the market. They are already investing in high-risk scenarios such as cyberattacks and anticipate increased exposure in this area over the next five to ten years. With growing interest from other asset managers like Schroders Plc, Leadenhall Capital Partners, Neuberger Berman, and Blackstone Inc., 2024 promises to be another interesting year for investors seeking attractive returns. ## STREET VIEWS - Brett Houghton, Fermat Capital Management (**Bullish** on Cat Bonds): > "For cat bond investors, 2023 was a unicorn year where you have great returns and equilibrium in the market. There was strong investor interest and the need for the insurance market to issue more and more cat bonds." - Brett Houghton, Fermat Capital Management (**Neutral** on Cat Bonds): > "The size of the market has increased, but it hasn’t increased enough to fill the need for potential events." - Brett Houghton, Fermat Capital Management (**Optimistic** on Cyberattacks as part of Cat Bond Market Growth): > “The exposure of cyber losses is potentially in the same magnitude range as a Category 4 or 5 hurricane hitting Miami. We’ve identified that part of the market as a major area of growth over the next five to 10 years." <div style="display: flex; flex-direction: row;" class="divbox"> <a style="display: flex; flex-direction: row;" class="MuiButtonBase-root wallstreet-review-item" href="https://www.bloomberg.com/news/articles/2024-01-17/hedge-fund-fermat-has-best-year-ever-after-cat-bond-bets-soar" target="_blank" rel="noopener noreferrer"> <div style="font-family: monospace; display: flex; ">  [1]  </div> <span> Hedge Fund Fermat Has Best Year Ever as ‘Cat Bond’ Bets Soar    </span> <span class="MuiTouchRipple-root"></span> </a> </div><div style="display: flex; flex-direction: row;" class="divbox"> <a style="display: flex; flex-direction: row;" class="MuiButtonBase-root wallstreet-review-item" href="https://www.bloomberg.com/news/articles/2024-01-17/capital-group-builds-bond-team-to-chase-pimco-in-fixed-income" target="_blank" rel="noopener noreferrer"> <div style="font-family: monospace; display: flex; ">  [2]  </div> <span> Capital Group Builds Bond Team to Chase Pimco in Fixed Income    </span> <span class="MuiTouchRipple-root"></span> </a> </div><div style="display: flex; flex-direction: row;" class="divbox"> <a style="display: flex; flex-direction: row;" class="MuiButtonBase-root wallstreet-review-item" href="https://www.bloomberg.com/news/articles/2024-01-17/a-300-billion-pension-fund-leads-big-money-charge-back-to-bonds" target="_blank" rel="noopener noreferrer"> <div style="font-family: monospace; display: flex; ">  [3]  </div> <span> A $300 Billion Pension Fund Leads Big-Money Charge Back to Bonds    </span> <span class="MuiTouchRipple-root"></span> </a> </div>

1/18, 03:30 EST

GameStop Soars 44%, Solana Memes Up 550% as 'Roaring Kitty' Posts

"GameStop and AMC stocks soar, driven by 'Roaring Kitty's' return and meme stock frenzy, with significant cryptocurrency surges."

5/13, 09:06 EDT

Mustang Cat's $30M HQ Move to Waller, Aims for Growth

4/5, 14:03 EDT

Wall Street Battles SEC's CAT Amid Privacy, Cost Concerns

5/2, 06:45 EDT

Caterpillar Expands DFW HQ by 50K sf, Targets May 2025 Finish

4/11, 16:43 EDT

CAT News

Revival of Meme-Stock Frenzy: GameStop Surges 180%, AMC Jumps 135%

5/17, 06:18 EDT

Renaissance Buys 4.82M AMC, GameStop Shares Before Rally

5/16, 13:54 EDT

Marathon Profits from AMC Rally, Short Sellers Lose $2.3B

5/15, 17:44 EDT

New Meme Stocks Surge: Marathon Digital, AI Firms Gain Buzz

5/14, 12:18 EDT

Pre-Market: Meme Stock Frenzy Ignites: GameStop, AMC Soar Pre-Market

5/14, 06:41 EDT

AMC Eyes $125M Raise Amid Meme-Stock Surge, Debt Challenge

5/13, 18:59 EDT

After-Market: GameStop Rises, StoneCo Falls in Mixed Market Day

5/13, 17:10 EDT

Nasdaq Up 0.2%, GameStop Soars 70%, Tencent Lifts China Stocks

5/13, 14:00 EDT

Intraday: GameStop Soars 69% on "Roaring Kitty" Buzz, Squarespace Acquired

5/13, 13:26 EDT

GameStop Options Surge, ‘Roaring Kitty’ Fuels Rally & Losses

5/13, 12:20 EDT

GameStop Rally Causes $1.4B Loss for Shorts, Meme Stocks Up

5/13, 12:00 EDT

GameStop Jumps 83%, 'Roaring Kitty' Ignites Meme Rally

5/13, 11:25 EDT

Intraday: GameStop Soars 80% on 'Roaring Kitty' Buzz, Market Eyes Data

5/13, 10:42 EDT

GameStop Soars 44%, Solana Memes Up 550% as 'Roaring Kitty' Posts

5/13, 09:06 EDT

Tokyo Electron Boosts R&D to ¥250B, Aims for Diverse Markets

5/10, 06:29 EDT

Bitcoin Miner Core Shifts 500MW to AI Amid Revenue Dip

5/8, 19:03 EDT

AI in Power Sector Equals 4 Reactors' Demand, Big Tech Invests

5/8, 12:15 EDT

AI Surge Boosts Cooling Tech Stocks, Carrier & Trane Up 20%

5/8, 11:09 EDT

$34B Bond Rush: Coca-Cola, CVS Lead Post-Labor Day Surge

5/8, 09:49 EDT

JPMorgan's May Picks: Caterpillar, BoA, TJX with High Ratings

5/6, 10:51 EDT

Wall Street Battles SEC's CAT Amid Privacy, Cost Concerns

5/2, 06:45 EDT

Earnings Beat Estimates by 5.6%, S&P 500 Adjusts Amid Rate Hikes

4/29, 08:59 EDT

Big Analyst Calls: Buy on Alphabet, Snap; Sell on Intel

4/26, 08:13 EDT

Celebs Pick Tech Giants, AI Stocks in 2024 Draft

4/25, 16:33 EDT

Meta Dips 15% on AI Spend, Tesla Up 12% with AI Hopes

4/25, 11:14 EDT

Pre-Market: Tech Stocks Tumble, Transport Soars Amid Earnings

4/25, 07:49 EDT

Caterpillar Q1 Earnings: $5.60/Share, Beats Forecast

4/25, 07:01 EDT

Meta's Earnings Miss Shakes Nasdaq, Despite Season's Wins

4/25, 04:46 EDT

Chinese Tech Stocks Lead Rally, Eyes on Caterpillar

4/24, 19:03 EDT

‘Bargain’ Energy Stocks to Buy Amid Oil Dip, Morningstar Picks 5

4/22, 20:08 EDT

Wall Street Views

Melius Research

Jake Levinson, 5/8/24

Bullish on

AAPL

CARR

CAT

“The key for chipmakers with AI ambitions is keeping data centers cool.”

Christopher Suh

Visa’s CFO, 4/29/24

Neutral on

AXP

CAT

“Consumer spend across all segments from low to high spend has remained relatively stable. Our data does not indicate any meaningful behavior change across consumer segments.”

Stephen Squeri

American Express’ CEO, 4/29/24

Neutral on

AXP

CAT

“Consumer spending is relatively strong.”

Earnings Scout

Nick Raich, 4/29/24

Neutral on

AXP

CAT

“While raised estimates are generally positive, it’s worth noting that most of this improvement is coming from Energy companies due to increased geopolitical risk.”

Morningstar

Stephen Ellis, 4/22/24

Neutral on

APA

CAT

CVX

“We are typically more excited about energy stocks when oil prices collapse like they did in 2020 or the market has a more negative view as that’s when we can find the most compelling returns and bargains... However, he did say there were 'selective bargains' in the market currently.”