Since then, GE Vernova’s shares have surged nearly 250%, including a massive 65% spike just since the beginning of April to new highs, up to a market cap of about $125 billion.

GE Vernova commits $50 million to MIT as energy company celebrates its first year By Jon Chesto Globe Staff,Updated April 4, 2025, 9:48 a.m.

This gives the company a significant growth runway. GE Vernova Inc. (NYSE:GEV) released its Q1 2025 results on April 23. It grew its orders by 8% year-over-year to reach $10.2 billion.

In addition, GE Vernova is selected to provide a 20-year long-term service agreement, including all services and parts for the HA gas turbines, steam turbines and associated generators, to ...

Against that backdrop, GE Vernova’s gas power division reported first quarter orders of $6.2 billion, a 28 percent increase compared with the same three months last year. The order backlog for ...

GE Vernova plans to create about 700 new jobs over the next two years as part of an expansion of its operations in Pennsylvania. The energy company said Tuesday that 250 of the new roles will come ...

Nantucket reaches $10.5 million settlement with GE Vernova over offshore wind turbine blade collapse last year By Sabrina Shankman and Travis Andersen Globe Staff, Updated July 11, 2025, 4:55 p.m.

Last year, GE Aerospace alone made $7.6 billion in profits—more than $146,000 for each of its 52,000 global workers. Both GE Aerospace and GE Vernova are also major military contracts.