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GE Vernova is one of the biggest winners of the AI data center trade as demand for equipment to generate electricity shows no ...
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Zacks Investment Research on MSNBuy GE Vernova and Soaring AI-Boosted Nuclear Energy Stocks?GE Vernova stock skyrocketed 14% to all-time highs following its beat-and-raise Q2 report on Wednesday morning. The post-earnings surge extended GEV’s YTD run to 90%, making it the second ...
Shares of GE Vernova were up nearly 14 percent in early afternoon trading on Wednesday after the company released better-than ...
The renewable unit’s drag on profit could worsen as AI-driven demand for gas turbines soars and hostility to alternatives intensifies.
We now forecast revenue growing to $50 billion by 2028 (a 9% compound annual growth rate in 2024-28), up from our prior forecast of just under $47 billion. Higher revenue from gas power and ...
Speaking during a conference call to discuss the results, GE Vernova Chief Executive Scott Strazik said the company had a "productive" second quarter and cited continued strength in gas-power demand, ...
GE Vernova spikes to an all-time high of $629.97 after posting better than expected Q2 earnings and revenues while raising guidance for adjusted EBITDA and free cash flow for the full year.
Philippine power generators are burning less coal in the first time in 20 years as Asian spot LNG prices are down 13% year-to ...
Victory Powerline Services completed inspection and oversight services on a major distribution hardening project in the ...
Tech major GE Vernova has agreed to acquire French software company Alteia, which specializes in AI computer vision and ...
The deal will enhance GE Vernova's ability to offer utilities visual data solutions with situational intelligence.
Emirati conglomerate Al-Futtaim is to buy a 49.95% stake in Saudi Arabian franchiser Cenomi Retail in a deal worth more than ...
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