GE Vernova Hikes Full-Year Outlook as Power Orders Jump 71% on AI Demand
GE Vernova beat Q1 results, raised 2026 forecast as AI data centers boost electricity demand; profits, orders, and cash all up.
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Trump & Governors Push Emergency Electricity Auction to Make Tech Giants Pay for AI Data Centers
Trump administration and Northeast governors plan emergency PJM auction forcing tech companies to fund $15B in new power plants for AI data centers, protecting consumers from rising electricity bills.
GE Vernova Upgraded to Buy as Jefferies Sees Stronger Outlook
Jefferies upgrades GE Vernova to Buy, raises price target to $815, citing strong gas turbine pricing and long-term power services growth.
GE Vernova Doubles Dividend and Boosts Buybacks Amid Power Demand Surge
GE Vernova raises earnings outlook to $52B, doubles dividend to 50 cents, and increases share buybacks to $10B as AI-driven electricity demand fuels growth in power equipment sector.
GE Vernova Stock Surges on Taiwan Wind Power Deal
GE Vernova shares jump after landing first international wind turbine upgrade contract with Taiwan Power Company, marking major expansion milestone.
Trump Administration Pushes 60-Day Fast-Track for Data Center Power Connections
Trump's energy secretary proposes 60-day approval process for data center grid connections, down from years-long waits, to boost AI development and compete with China.