GE Vernova (GEV) Rises Amid Power Demand Surge

Reported 2 days ago

GE Vernova Inc. (NYSE: GEV) has seen significant stock growth, with its shares gaining 189.60% in the past year, driven by increasing electricity demand from sectors like AI data centers. The company's recent investor letter highlights its technologies in generating and managing electricity across various sources, including gas and nuclear. Despite a slight dip in the stock over the past month, expectations for continued earnings growth remain high as GEV's backlog extends into the next decade.

Source: YAHOO

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