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 shares jump after landing first international wind turbine upgrade contract with Taiwan Power Company, marking major expansion milestone.
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.
GE Vernova’s Q3 profit beat expectations, fueled by record power demand from AI-driven data centers and booming equipment orders. Shares jump as grid and turbine businesses expand rapidly.
