GE Vernova stock soars
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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.
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.
Gain insights from GE Vernova's Q2 2025 earnings call as they raise full-year guidance, emphasize backlog growth, and discuss investments in AI
Analysts expect the Cambridge, Massachusetts-based company to report quarterly earnings at $1.50 per share, up from $1.02 per share in the year-ago period. GE Vernova is projected to report quarterly revenue of $8.8 billion, compared to $8.2 billion a year earlier, according to data from Benzinga Pro.
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.
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.