I know the article is about google, but the bit about caterpillar is insane.

The bleeding even spread beyond the tech sector, as shares of the construction equipment giant Caterpillar — a key supplier of the machines required to build data centers — plunged 9.2% on Thursday. Caterpillar’s recent earnings report revealed that its revenue beat Wall Street expectations but by less than many traders had hoped.

So, their earnings beat expectations, but they didn’t beat the expectations for how much they’d beat expectations, so the share price went down.

What is even going on at this point?