Cummins Inc
NYSE:CMI

  • LAST PRICE
    285.5600
  • TODAY'S CHANGE (%)
    -2.2900 (-0.7956%)
  • Bid / Lots
    280.0000/ 5
  • Ask / Lots
    285.8400/ 2
  • Open / Previous Close
    288.5900 / 287.8500
  • Day Range
    282.7200
    288.8000
  • 52 Week Range
    203.1800
    304.2450
  • Volume
    1,060,345

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  • Yesterday

  • May 16, 2024

      Show headlines and story abstract

    • 4:45PM ET on Thursday May 16, 2024 by Dow Jones
      Companies Mentioned: CMI

      1645 ET - Cummins says it expects sales of its power generators for computer data centers to increase more than 40% to $2 billion in 2026 and reach $3 billion to $4 billion a year in 2030, roughly a quarter of the total market. Cummins' generators are used to provide backup electricity for servers as data center construction expands to accommodate more digitalization and artificial intelligence. "Data centers are the fastest secular growth opportunity for Cummins," says Jenny Bush, president of the company's power systems business, told investors and analysts. Shares up at touch in after hours trading at $288. (robert.tita@wsj.com)

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