AI Is Making Money for More Than Just Tech Companies

On 4 August 2026, Palantir soared 29.5% after reporting 93% revenue growth. Caterpillar rose 5.6% on its first $20 billion sales quarter, helped by orders for datacenter power equipment. Nvidia, Broadcom, and Micron also gained. Large U.S. companies were on track for their biggest profit jump since 2021, as AI boosted earnings across software, chips, and heavy machinery.