Tag: $General Electric Vernova

GE Vernova has become a hot derivative play on the growing demand for electricity from power-hungry AI data centers. Company management met with investors in New York City on Tuesday to discuss its future.

 Swedish state utility Vattenfall said on Thursday it has selected Britain’s Rolls-Royce SMR (RR.L), and U.S. group GE Vernova (GEV.N), as candidates for the planned construction of a series of small modular reactors (SMR).

Power equipment maker GE Vernova (GEV) raised its current-year revenue and free cash flow forecast after beating Wall Street estimates for second-quarter profit on Wednesday, sending its shares rising more than 4% in premarket trading.

GE Vernova stock was rising after an old Bull became a new bull on Wall Street with an upgrade of the shares.

Energy technology provider GE Vernova had an impressive first year as an independent company, improving margins and taking record orders.

GE Vernova reported weaker-than-expected third-quarter earnings, falling short of investors’ high expectations. Shares fell in early trading.

GE Vernova reported quarterly earnings that were better than expected. It’s a solid first quarter for the company spun out of GE.

GE Aerospace reported a confusing quarter Tuesday morning that still included results from GE Vernova.

General Electric on Tuesday completed its breakup into three companies, marking the end of an era for the industrial conglomerate pioneer that was once a symbol of American business power.