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Caterpillar earnings soar on data center play$

Caterpillar reported record revenue, significantly boosted by its power and energy division's sales to data centers across the country. This comes amidst increasing backlash against data centers in local communities, leading Texas Gov. Greg Abbott to announce a moratorium on new data center approvals in the state pending an audit. The D-FW community of Red Oak is also embroiled in controversy regarding its data center hub status.