GE Vernova stock soars
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Power equipment maker GE Vernova raised its full-year free cash flow forecast and beat Wall Street estimates for second-quarter profit on Wednesday, sending its shares up more than 13% to an all-time high.
Major U.S. equities advanced Wednesday afternoon following a trade agreement between the U.S. and Japan, and solid corporate earnings.
GE Vernova, just over a year into its existence as an independently-traded public company, is riding the artificial intelligence boom —and competing to become one of the state's most valuable public companies in the process.
GE Vernova Inc. is among the S&P 500 index’s leaders after the power and renewable-energy company reported better-than-expected second-quarter results and lowered its expectation for the impact of tariffs.
Live Updates Live Coverage Updates appear automatically as they are published. 8:06 am In pre-market trading GE Vernova is up 4.75% after it topped expectations on both the top and bottom line, delivering 1.
Power equipment maker GE Vernova will buy France-based Alteia, which makes artificial intelligence-based tools that allow utility companies to review their grids, it said on Monday.
Shares of GE Vernova Inc. (NYSE:GEV) rose Wednesday after the company posted better-than-expected second-quarter 2025 earnings and raised its full-year guidance. The energy transition company reported second-quarter earnings per share of $1.