Cummins rises after Q1 earnings as data center power demand lifts results

Cummins Inc. (CMI) shares rose 2.2% after its first-quarter earnings, as management cited strong demand for power generation equipment, particularly from data centers, and growth in international markets. CEO Jennifer Rumsey said growth was driven primarily by higher demand in power generation markets. The gains were partly offset by weaker North American heavy- and medium-duty truck volumes, which remained a drag on performance. Investors are watching whether data center-related demand can continue supporting revenue, whether North American truck production recovers as supply chains adjust, and how Cummins executes product rollouts tied to upcoming EPA emissions rules. Cost reductions in the Accelera segment are also seen as a key factor for profitability. Cummins recently traded at $699.78, up from $656.73 before the earnings release.