GE Vernova Beats and Raises on Q2 Earnings, but Shares Fall
GE Vernova delivered strong Q2 results and raised its 2026 free cash flow guidance to $11.5–12.5 billion, but GEV shares fell due to its high valuation and profit-taking.
GE Vernova delivered strong Q2 results and raised its 2026 free cash flow guidance to $11.5–12.5 billion, but GEV shares fell due to its high valuation and profit-taking.
Company raised shareholder returns with $10B buyback plan.
Super Micro expects gross margins nearly double previous guidance at 15-17%. Strong AI demand pushes backlog to record levels.
Genuine Parts lowered its 2026 profit outlook amid weaker consumer demand. CEO Will Stengel denied rumors of a rival acquiring its automotive business.
Hasbro swung to a profit and raised its 2026 guidance after a strong second quarter led by Magic: The Gathering. Revenue jumped 16% to $1.14 billion, beating Wall Street estimates.
Adjusted organic growth hit 5.4% as Safety & Industrial surged.