11 hours ago
Updated Sept 11, 2026, 4:19 pm EDT / Original Sept 11, 2026, 2:41 pm EDT
Shares of power generation technology provider GE Vernova
GEV
+3.61%
are a good example of the AI malaise settling over the market for financial reasons, such as
peak AI spending
by the hyperscalers, and social reasons, such as growing concerns about AI producing
bad outcomes
for humanity.
GEV
+3.61%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#reasons #shares #company #reserved
Shares of power generation technology provider GE Vernova
GEV
+3.61%
are a good example of the AI malaise settling over the market for financial reasons, such as
peak AI spending
by the hyperscalers, and social reasons, such as growing concerns about AI producing
bad outcomes
for humanity.
GEV
+3.61%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#reasons #shares #company #reserved
5 days ago
Rivian Automotive, Inc. (NASDAQ:RIVN) Chief Financial Officer Claire McDonough is stepping down at the end of October to join GE Vernova Inc. (NYSE:GEV) in the same role, Reuters reported on August 27, just as Rivian ramps up production of its cheaper R2 SUV amid fragile U.S. EV demand.
McDonough will formally take the GE Vernova CFO seat on January 1, 2027, succeeding the retiring Ken Parks. Rivian said her exit is "not the result of any disagreement" and that she is relocating to the East Coast to be closer to family. McDonough joined Rivian in January 2021, led the company through its $13.7 billion IPO later that year, and helped structure its $5.8 billion Volkswagen Group joint venture. Derek Mulvey, Rivian's vice president of finance, will serve as interim CFO starting October 30 while the company runs a search for a permanent replacement. The news lands as Rivian scales the R2, its $45,000-to-$58,000 SUV that began customer deliveries in June, with the stock trading near $17, down more than 75% from its IPO price.
Rivian Automotive, Inc. (NASDAQ:RIVN) keeps improving its business as it enters the next phase of its growth strategy. The company has started R2 deliveries, and management raised its annual delivery forecast last month as customers showed stronger interest in the lower-priced SUV. Rivian also continues to pursue profitability while growing its vehicle lineup. This is giving the company an opportunity to build a larger customer base through a more affordable model.
Rivian also has an experienced finance team that can maintain continuity after Claire McDonough's departure. McDonough will remain at Rivian through the end of October and help with the transition, while Vice President of Finance Derek Mulvey will take over as interim CFO. That arrangement gives Rivian time to search for a permanent replacement without forcing the company to manage an abrupt leadership gap during the R2 rollout.
GE Vernova Inc. (NYSE:GEV) gains a finance chief with experience in capital-intensive businesses, fundraising and cost management. McDonough helped Rivian take its business public, lead cost-cutting efforts and raise capital during its expansion. Those skills could benefit GE Vernova as the company expands its Power and Electrification businesses and manages rising demand for energy infrastructure.
#company #vernova #take #NASDAQ
McDonough will formally take the GE Vernova CFO seat on January 1, 2027, succeeding the retiring Ken Parks. Rivian said her exit is "not the result of any disagreement" and that she is relocating to the East Coast to be closer to family. McDonough joined Rivian in January 2021, led the company through its $13.7 billion IPO later that year, and helped structure its $5.8 billion Volkswagen Group joint venture. Derek Mulvey, Rivian's vice president of finance, will serve as interim CFO starting October 30 while the company runs a search for a permanent replacement. The news lands as Rivian scales the R2, its $45,000-to-$58,000 SUV that began customer deliveries in June, with the stock trading near $17, down more than 75% from its IPO price.
Rivian Automotive, Inc. (NASDAQ:RIVN) keeps improving its business as it enters the next phase of its growth strategy. The company has started R2 deliveries, and management raised its annual delivery forecast last month as customers showed stronger interest in the lower-priced SUV. Rivian also continues to pursue profitability while growing its vehicle lineup. This is giving the company an opportunity to build a larger customer base through a more affordable model.
Rivian also has an experienced finance team that can maintain continuity after Claire McDonough's departure. McDonough will remain at Rivian through the end of October and help with the transition, while Vice President of Finance Derek Mulvey will take over as interim CFO. That arrangement gives Rivian time to search for a permanent replacement without forcing the company to manage an abrupt leadership gap during the R2 rollout.
GE Vernova Inc. (NYSE:GEV) gains a finance chief with experience in capital-intensive businesses, fundraising and cost management. McDonough helped Rivian take its business public, lead cost-cutting efforts and raise capital during its expansion. Those skills could benefit GE Vernova as the company expands its Power and Electrification businesses and manages rising demand for energy infrastructure.
#company #vernova #take #NASDAQ
11 days ago
By Marianna Parraga and Deisy Buitrago
HOUSTON/CARACAS, Aug 31 (Reuters) - U.S. companies Chevron and GE Vernova, India's ONGC, Italy's Eni and Colombia's GeoPark are on track to sign final agreements in Venezuela after months of negotiations to firm up energy projects in the OPEC country, five sources close to the preparations said.
Most of the pacts imply completion of a six-month migration of oil contracts to an amended hydrocarbon law now giving more flexibility to foreign firms to expand and operate oilfields, export the barrels and cash sale proceeds, the sources said. Others set terms for new energy and electricity projects.
The list of companies lining up to sign has not been finalized as executives are rushing to complete negotiations at the last minute, two of the sources said.
Chevron's agreements with Venezuela are expected to be "of significant size," according to one of the sources.
#venezuela #marianna
HOUSTON/CARACAS, Aug 31 (Reuters) - U.S. companies Chevron and GE Vernova, India's ONGC, Italy's Eni and Colombia's GeoPark are on track to sign final agreements in Venezuela after months of negotiations to firm up energy projects in the OPEC country, five sources close to the preparations said.
Most of the pacts imply completion of a six-month migration of oil contracts to an amended hydrocarbon law now giving more flexibility to foreign firms to expand and operate oilfields, export the barrels and cash sale proceeds, the sources said. Others set terms for new energy and electricity projects.
The list of companies lining up to sign has not been finalized as executives are rushing to complete negotiations at the last minute, two of the sources said.
Chevron's agreements with Venezuela are expected to be "of significant size," according to one of the sources.
#venezuela #marianna
11 days ago
Chevron Corporation (NYSE:CVX), GE Vernova Inc. (NYSE:GEV), India's ONGC, Italy's Eni and Colombia's GeoPark are reportedly close to signing final agreements for energy projects in Venezuela after months of negotiations. Most of the agreements would move existing oil contracts under Venezuela's amended hydrocarbons law, which gives foreign companies more flexibility to operate and expand fields, export crude and receive cash proceeds from sales. Some agreements would also cover new electricity and energy projects.
For Chevron Corporation (NYSE:CVX), the opportunity could be particularly significant. The company is seeking to add a block in Venezuela's Orinoco Belt, which could allow it to expand an existing joint venture with state-owned PDVSA. It is also pursuing an area in Monagas North that could provide diluents needed for its extra-heavy oil production. The Wall Street Journal previously reported that Chevron was close to securing rights to two additional heavy-oil fields.
The agreements would represent another step toward reopening Venezuela's energy sector to foreign investment, but the final list of companies and terms had not yet been finalized at the time of the Reuters report.
The biggest positive is greater access to Venezuela's enormous oil resources. The amended hydrocarbons framework could give foreign companies more control over their operations and improve their ability to monetize production. For Chevron Corporation (NYSE:CVX), additional acreage in the Orinoco Belt could provide a meaningful avenue to increase long-term Venezuelan production.
Chevron also has an advantage over companies entering Venezuela for the first time because it already operates joint ventures in the country. That existing infrastructure, relationships, and operational experience could allow it to capture opportunities more efficiently as the sector reopens. The Wall Street Journal has noted that Chevron is currently the only major U.S. oil company operating in Venezuela.
#agreements #Companies #energy
For Chevron Corporation (NYSE:CVX), the opportunity could be particularly significant. The company is seeking to add a block in Venezuela's Orinoco Belt, which could allow it to expand an existing joint venture with state-owned PDVSA. It is also pursuing an area in Monagas North that could provide diluents needed for its extra-heavy oil production. The Wall Street Journal previously reported that Chevron was close to securing rights to two additional heavy-oil fields.
The agreements would represent another step toward reopening Venezuela's energy sector to foreign investment, but the final list of companies and terms had not yet been finalized at the time of the Reuters report.
The biggest positive is greater access to Venezuela's enormous oil resources. The amended hydrocarbons framework could give foreign companies more control over their operations and improve their ability to monetize production. For Chevron Corporation (NYSE:CVX), additional acreage in the Orinoco Belt could provide a meaningful avenue to increase long-term Venezuelan production.
Chevron also has an advantage over companies entering Venezuela for the first time because it already operates joint ventures in the country. That existing infrastructure, relationships, and operational experience could allow it to capture opportunities more efficiently as the sector reopens. The Wall Street Journal has noted that Chevron is currently the only major U.S. oil company operating in Venezuela.
#agreements #Companies #energy
12 days ago
The wait for a large gas turbine now runs longer than the time it takes to design, permit, and build the plant it will sit in. Order one today from any of the three largest manufacturers, and the delivery slot lands four or more years out—if a slot is available at all. The queue to connect a new plant to the grid runs about as long. For developers racing to power the data centers hyperscalers are building, the timeline no longer works, and it is pushing the U.S. generation build toward whatever can be constructed without waiting in either line.That dislocation is the backdrop to a quieter story about where capital is moving, and it surfaced in July when a familiar U.S. plant operator changed hands. IHI Power Services Corp., a company with roughly four decades of experience running American power plants, became Kyuden Energy Partners Corp. on completion of its acquisition by Kyuden International Corp., the overseas arm of a company fully owned by **** an's Kyushu Electric Power Co. The rebrand is the news of the day. The more instructive part is what a foreign utility chose to buy: not power plants, but the capability to run them.
Tony Dabbene, who led IHI Power Services through the transition and stays on as CEO, was blunt about the market. "We are seeing the most dynamic environment in decades," he told POWER, pointing to demand tied to the hyperscalers' data center buildout. Major gas turbine manufacturers, he said, are quoting lead times of four-plus years, with interconnection queues running about the same. The manufacturers' own disclosures bear that out: GE Vernova's gas turbine backlog and slot reservations reached 116 GW by mid-2026, and Siemens Energy has described itself as booked into the back half of the decade, treating 2029 delivery slots as near-term availability.What Dabbene described next was the market's response. Rather than wait for an interconnection that may not clear before mid-decade, developers are building behind the meter and on private grids that sidestep the queue entirely. To power them, they're reaching for whatever can be deployed the fastest: reciprocating engines, fuel cells, and battery storage paired with microgrids, engineered to achieve the high-availability targets that around-the-clock computing demands while managing the power-quality swings that come when those loads shift in an instant. "It is a brand-new world in the energy **** e," he said.This is where a multi-fuel operator has the edge. A company that already runs natural gas, hydro, biomass, wind, solar, and storage has done the work developers are now rushing toward—operating mixed generation and meeting high availability targets. The turbine shortage may be a headache for those building facilities, but it's an opportunity for reliable operators.
#corp #runs #plant #four
Tony Dabbene, who led IHI Power Services through the transition and stays on as CEO, was blunt about the market. "We are seeing the most dynamic environment in decades," he told POWER, pointing to demand tied to the hyperscalers' data center buildout. Major gas turbine manufacturers, he said, are quoting lead times of four-plus years, with interconnection queues running about the same. The manufacturers' own disclosures bear that out: GE Vernova's gas turbine backlog and slot reservations reached 116 GW by mid-2026, and Siemens Energy has described itself as booked into the back half of the decade, treating 2029 delivery slots as near-term availability.What Dabbene described next was the market's response. Rather than wait for an interconnection that may not clear before mid-decade, developers are building behind the meter and on private grids that sidestep the queue entirely. To power them, they're reaching for whatever can be deployed the fastest: reciprocating engines, fuel cells, and battery storage paired with microgrids, engineered to achieve the high-availability targets that around-the-clock computing demands while managing the power-quality swings that come when those loads shift in an instant. "It is a brand-new world in the energy **** e," he said.This is where a multi-fuel operator has the edge. A company that already runs natural gas, hydro, biomass, wind, solar, and storage has done the work developers are now rushing toward—operating mixed generation and meeting high availability targets. The turbine shortage may be a headache for those building facilities, but it's an opportunity for reliable operators.
#corp #runs #plant #four
16 days ago
Jim Cramer warned on August 24 that mounting political and community backlash against data center power consumption could directly impact equipment suppliers like GE Vernova Inc. (NYSE:GEV). He noted:
What happens if the hyperscalers get their act together and offer a code of conduct instead of being out there all by themselves cutting deals that are now regretted? Stranger things have happened than a code of conduct. It must happen if this issue is going to be tempered… I can't believe they haven't figured that out. That's why you have to look at certain companies that were thriving because of data centers, companies like the biggest turbine company that turns natural gas into power. That's GE Vernova. Now, we own it for the Charitable Trust and I now feel that the market won't pay up for its order book because maybe it's gotten soft. I don't want to get rid of it but I don't want to take a beating either.
GE Vernova Inc. (NYSE:GEV) is fundamentally reshaping the grid for the AI era, and its second-quarter 2026 results validate that dominance. Revenue climbed 22% year-over-year to $11.1 billion, but the real story was the order book. Total Q2 orders surged 88% organically to a record $24.2 billion, as data centers scramble for heavy-duty and aeroderivative gas turbines. The runaway demand pushed the company's total backlog to a staggering $176 billion. Management is highly confident in this trajectory, aggressively raising full-year free cash flow guidance to a massive range of $11.5 billion to $12.5 billion and cementing GE Vernova Inc. (NYSE:GEV) as a solid cash-generating AI infrastructure play.
Despite the top-line explosion, GE Vernova Inc.'s (NYSE:GEV) Q2 diluted EPS of $2.47 missed consensus estimates, while margin pressure persisted in parts of its business, particularly Wind, where organic orders fell 40%. More importantly, as Cramer admitted about his own stake in the Charitable Trust, he now feels the market might refuse to pay up for the company's massive order book if it starts to soften. With local governments imposing stricter regulations and higher compensation requirements on data centers, the pace of hyperscaler expansion is facing real bottlenecks. If developers are delayed by political pushback and grid limitations, the company's delivery timelines and following revenue recognition could stretch further out, which could test investor patience.
#billion
What happens if the hyperscalers get their act together and offer a code of conduct instead of being out there all by themselves cutting deals that are now regretted? Stranger things have happened than a code of conduct. It must happen if this issue is going to be tempered… I can't believe they haven't figured that out. That's why you have to look at certain companies that were thriving because of data centers, companies like the biggest turbine company that turns natural gas into power. That's GE Vernova. Now, we own it for the Charitable Trust and I now feel that the market won't pay up for its order book because maybe it's gotten soft. I don't want to get rid of it but I don't want to take a beating either.
GE Vernova Inc. (NYSE:GEV) is fundamentally reshaping the grid for the AI era, and its second-quarter 2026 results validate that dominance. Revenue climbed 22% year-over-year to $11.1 billion, but the real story was the order book. Total Q2 orders surged 88% organically to a record $24.2 billion, as data centers scramble for heavy-duty and aeroderivative gas turbines. The runaway demand pushed the company's total backlog to a staggering $176 billion. Management is highly confident in this trajectory, aggressively raising full-year free cash flow guidance to a massive range of $11.5 billion to $12.5 billion and cementing GE Vernova Inc. (NYSE:GEV) as a solid cash-generating AI infrastructure play.
Despite the top-line explosion, GE Vernova Inc.'s (NYSE:GEV) Q2 diluted EPS of $2.47 missed consensus estimates, while margin pressure persisted in parts of its business, particularly Wind, where organic orders fell 40%. More importantly, as Cramer admitted about his own stake in the Charitable Trust, he now feels the market might refuse to pay up for the company's massive order book if it starts to soften. With local governments imposing stricter regulations and higher compensation requirements on data centers, the pace of hyperscaler expansion is facing real bottlenecks. If developers are delayed by political pushback and grid limitations, the company's delivery timelines and following revenue recognition could stretch further out, which could test investor patience.
#billion
17 days ago
On August 14, AirJoule Technologies (NASDAQ:AIRJ) reported second-quarter results that arrived alongside a striking backdrop: state governments are now blocking new data centers over water use, and AirJoule sells machines that make water out of thin air. The company posted a net loss of $8.5 million, mostly noncash, while laying out how tightening water rules in New York, Texas and California are turning into sales opportunities rather than obstacles. It is a story about regulation reshaping demand before the revenue has caught up.
New York enacted a moratorium on data center permits above 50 megawatts, and Texas Governor Greg Abbott paused new grid-connected data center approvals pending a water audit, according to CEO Matt Jore. California's own water supply strategy projects the state could lose 10% of its water supply by 2040 due to hotter, drier conditions, and any residential project of 500 units or more there now needs written proof of a 20-year water supply just to get a permit. Texas faces a similar squeeze: state water plans point to a 10% decline in supply by 2080 even as the population is expected to grow 53% in that span. AirJoule's answer is a system that pulls distilled water from humidity using low-grade waste heat, sidestepping municipal supply entirely.
That pitch just found a distribution channel. In July, AirJoule signed an exclusive sales agreement with Kubota Corporation covering residential developments in Texas and California, with two Core systems set to deploy near Corpus Christi and in Irvine this quarter. The company is also stacking up validation: a Core unit is running as a showcase at GE Vernova's new Frontier campus in Niskayuna, New York, another shipped to Expo City Dubai after AirJoule won one of the UAE's first Expo City green licenses, and the first Prime unit is headed to Europe to demonstrate data center waste-heat recovery for Net Zero Innovation Hub members including Google and Microsoft. Corporate cash stood at $41.4 million as of June 30, and combined with the joint venture's balance, AirJoule holds $43 million with zero debt.
That $8.5 million net loss included $5.1 million in noncash charges tied to the rising fair value of earnout and vesting share liabilities, a reminder that the balance sheet is exposed to swings that have nothing to do with operations. More tangibly, AirJoule raised its 2026 cash spend guidance to $27 million to $28 million, up from an earlier $25 million estimate, because commercialization is moving faster than planned. The joint venture alone burned $5 million in operating expenses during the quarter and needed another $2.5 million capital contribution from AirJoule to keep manufacturing and pilot work funded.
#water #york #quarter #center
New York enacted a moratorium on data center permits above 50 megawatts, and Texas Governor Greg Abbott paused new grid-connected data center approvals pending a water audit, according to CEO Matt Jore. California's own water supply strategy projects the state could lose 10% of its water supply by 2040 due to hotter, drier conditions, and any residential project of 500 units or more there now needs written proof of a 20-year water supply just to get a permit. Texas faces a similar squeeze: state water plans point to a 10% decline in supply by 2080 even as the population is expected to grow 53% in that span. AirJoule's answer is a system that pulls distilled water from humidity using low-grade waste heat, sidestepping municipal supply entirely.
That pitch just found a distribution channel. In July, AirJoule signed an exclusive sales agreement with Kubota Corporation covering residential developments in Texas and California, with two Core systems set to deploy near Corpus Christi and in Irvine this quarter. The company is also stacking up validation: a Core unit is running as a showcase at GE Vernova's new Frontier campus in Niskayuna, New York, another shipped to Expo City Dubai after AirJoule won one of the UAE's first Expo City green licenses, and the first Prime unit is headed to Europe to demonstrate data center waste-heat recovery for Net Zero Innovation Hub members including Google and Microsoft. Corporate cash stood at $41.4 million as of June 30, and combined with the joint venture's balance, AirJoule holds $43 million with zero debt.
That $8.5 million net loss included $5.1 million in noncash charges tied to the rising fair value of earnout and vesting share liabilities, a reminder that the balance sheet is exposed to swings that have nothing to do with operations. More tangibly, AirJoule raised its 2026 cash spend guidance to $27 million to $28 million, up from an earlier $25 million estimate, because commercialization is moving faster than planned. The joint venture alone burned $5 million in operating expenses during the quarter and needed another $2.5 million capital contribution from AirJoule to keep manufacturing and pilot work funded.
#water #york #quarter #center
19 days ago
Quinbrook has selected GE Vernova to provide technology for the third stage of the Supernode battery energy storage system (BESS) project in Queensland, Australia, expanding its involvement to all three phases of the development.
The agreement will see GE Vernova deliver power conversion, plant controls, system integration and grid-connection support for stage three.
The Supernode site is located adjacent to the South Pine substation, a central component of Queensland's electricity transmission network. The facility stores electricity during times of surplus and dispatches it back into the grid when demand rises or renewable output fluctuates.
This process supports dependable power supply and allows for greater integration of renewable energy sources into the network.
The first and second stages, which also used GE Vernova technology, are now fully operational and are among the largest BESS facilities running in Australia's National Electricity Market.
#electricity #system #three #power
The agreement will see GE Vernova deliver power conversion, plant controls, system integration and grid-connection support for stage three.
The Supernode site is located adjacent to the South Pine substation, a central component of Queensland's electricity transmission network. The facility stores electricity during times of surplus and dispatches it back into the grid when demand rises or renewable output fluctuates.
This process supports dependable power supply and allows for greater integration of renewable energy sources into the network.
The first and second stages, which also used GE Vernova technology, are now fully operational and are among the largest BESS facilities running in Australia's National Electricity Market.
#electricity #system #three #power
20 days ago
GE Vernova's (NYSE: GEV) stock price shot up 80% in the first half of 2026, but has since retreated from its peak. The stock trades under $1,000 now, having declined more than 10% in just the past month. Is this recent pullback a signal that GE Vernova is a bargain or a trap? Let's have a look.
GE Vernova's fundamentals are strong. The company beat second-quarter expectations while reporting an 88% year-over-year jump in its backlog. GE Vernova's $176 billion backlog provides significant visibility into near- and intermediate-term revenue. The company's profitability metrics have risen substantially.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Vernova also raised its full-year 2026 guidance in its latest earnings release, with free cash flow potentially reaching $12.5 billion.
So what's the problem? The answer is blowing in the wind, as the song goes. GE Vernova's wind segment is struggling mightily, and orders decreased 40% year over year in this latest quarter. The wind segment's losses are also widening. It's expected that the wind business will hit a staggering $400 million loss this year.
#NVIDIA #flashing #first #quarter
GE Vernova's fundamentals are strong. The company beat second-quarter expectations while reporting an 88% year-over-year jump in its backlog. GE Vernova's $176 billion backlog provides significant visibility into near- and intermediate-term revenue. The company's profitability metrics have risen substantially.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Vernova also raised its full-year 2026 guidance in its latest earnings release, with free cash flow potentially reaching $12.5 billion.
So what's the problem? The answer is blowing in the wind, as the song goes. GE Vernova's wind segment is struggling mightily, and orders decreased 40% year over year in this latest quarter. The wind segment's losses are also widening. It's expected that the wind business will hit a staggering $400 million loss this year.
#NVIDIA #flashing #first #quarter
20 days ago
Order a heavy-duty gas turbine from GE Vernova today and it won't arrive until 2031. That's the company's actual production schedule, confirmed on its July 22 earnings call, and it's the fact sitting underneath every AI data center power plan announced in the last two years. It comes up far less often than the announcements do.
Goldman Sachs put hard numbers on the demand side in May. U.S. data center power demand climbs from 31 gigawatts in 2025 to 41 GW this year and 66 GW in 2027. Year-over-year capacity additions accelerate from 8.5 GW actually realized last year to 13.6 GW scheduled for 2026 and 36.3 GW scheduled for 2027. By then data centers would take 8.5% of total U.S. peak summer demand, up from 4.1% today.
The equipment meant to generate that power is on a completely different clock.
The Big Three Are Booked Solid Into the 2030s
GE Vernova closed the second quarter with 116 GW of gas power equipment backlog and slot reservation agreements, up from 100 GW three months earlier and 83 GW at the end of 2025. It expects at least 125 GW under contract by December. CEO Scott Strazik told **** ysts the company is taking reservations for 2031 delivery and should be more than halfway contracted for that year by the end of 2026. Its production plan: roughly 20 GW annualized this quarter, 24 GW by 2028, and a push toward 30 GW by 2030.
#demand #three #production #plan
Goldman Sachs put hard numbers on the demand side in May. U.S. data center power demand climbs from 31 gigawatts in 2025 to 41 GW this year and 66 GW in 2027. Year-over-year capacity additions accelerate from 8.5 GW actually realized last year to 13.6 GW scheduled for 2026 and 36.3 GW scheduled for 2027. By then data centers would take 8.5% of total U.S. peak summer demand, up from 4.1% today.
The equipment meant to generate that power is on a completely different clock.
The Big Three Are Booked Solid Into the 2030s
GE Vernova closed the second quarter with 116 GW of gas power equipment backlog and slot reservation agreements, up from 100 GW three months earlier and 83 GW at the end of 2025. It expects at least 125 GW under contract by December. CEO Scott Strazik told **** ysts the company is taking reservations for 2031 delivery and should be more than halfway contracted for that year by the end of 2026. Its production plan: roughly 20 GW annualized this quarter, 24 GW by 2028, and a push toward 30 GW by 2030.
#demand #three #production #plan
1 month ago
On April 2, 2024, General Electric (NYSE: GE) spun off its energy division as GE Vernova (NYSE: GEV). It started trading at $143 per share on that first day, but eventually dropped to its all-time low of $122.46 on April 5. If you had invested $5,000 in GE Vernova's stock at that price, your investment would be worth more than $40,400 today.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
GE Vernova operates three core businesses: Power (55% of its 2025 orders), Electrification (33%), and Wind (13%). Since its market debut, the Power and Electrification segments have grown rapidly to meet the demands of the power-hungry cloud, data center, and AI markets. That growth offset the softness of its Wind segment, which grappled with supply chain issues.
GE Vernova's orders rose 7% organically in 2024, then accelerated to 34% growth in 2025. From 2025 to 2028, ***** ysts expect its revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to grow at CAGRs of 17% and 60%, respectively.
Therefore, GE Vernova's stock soared because it was a well-balanced play on the expanding AI market. With an enterprise value of $252 billion, it isn't cheap at 40 times this year's adjusted EBITDA -- but its robust growth rates could support that premium valuation.
#NVIDIA #april
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
GE Vernova operates three core businesses: Power (55% of its 2025 orders), Electrification (33%), and Wind (13%). Since its market debut, the Power and Electrification segments have grown rapidly to meet the demands of the power-hungry cloud, data center, and AI markets. That growth offset the softness of its Wind segment, which grappled with supply chain issues.
GE Vernova's orders rose 7% organically in 2024, then accelerated to 34% growth in 2025. From 2025 to 2028, ***** ysts expect its revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to grow at CAGRs of 17% and 60%, respectively.
Therefore, GE Vernova's stock soared because it was a well-balanced play on the expanding AI market. With an enterprise value of $252 billion, it isn't cheap at 40 times this year's adjusted EBITDA -- but its robust growth rates could support that premium valuation.
#NVIDIA #april
2 months ago
GEV's $176B backlog positions it as the premium AI infrastructure bet; NEE trades at 22x forward earnings with 8%+ EPS growth through 2032.
NextEra's Duane Arnold nuclear restart, backed by a 25-year Google PPA, targets Q1 2029 and anchors its long-term AI power strategy.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and NextEra Energy didn't make the cut. Grab the names FREE today.
GE Vernova (NYSE:GEV) and NextEra Energy (NYSE:NEE) reported June-quarter results within 48 hours of each other. GEV sells the turbines, transformers, and grid gear every hyperscaler needs. NextEra owns the megawatts, the interconnects, and a Florida utility that hyperscalers want to plug into. Two ways to buy the same AI power bottleneck.
GE Vernova posted Q2 revenue of $11.10 billion, up 21.8% year over year, with bookings of $24.2 billion and a $176 billion backlog. Electrification revenue jumped 68%, and $2.7 billion of that came from data center orders in the quarter alone. CEO Scott Strazik told investors GEV is "on track to deliver 20 GW of annual gas turbine output in the third quarter of 2026, with 24 GW in 2028" and 30 GW by 2030. Wind guidance includes roughly $400 million in EBITDA losses.
#nextera #quarter #backlog
NextEra's Duane Arnold nuclear restart, backed by a 25-year Google PPA, targets Q1 2029 and anchors its long-term AI power strategy.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and NextEra Energy didn't make the cut. Grab the names FREE today.
GE Vernova (NYSE:GEV) and NextEra Energy (NYSE:NEE) reported June-quarter results within 48 hours of each other. GEV sells the turbines, transformers, and grid gear every hyperscaler needs. NextEra owns the megawatts, the interconnects, and a Florida utility that hyperscalers want to plug into. Two ways to buy the same AI power bottleneck.
GE Vernova posted Q2 revenue of $11.10 billion, up 21.8% year over year, with bookings of $24.2 billion and a $176 billion backlog. Electrification revenue jumped 68%, and $2.7 billion of that came from data center orders in the quarter alone. CEO Scott Strazik told investors GEV is "on track to deliver 20 GW of annual gas turbine output in the third quarter of 2026, with 24 GW in 2028" and 30 GW by 2030. Wind guidance includes roughly $400 million in EBITDA losses.
#nextera #quarter #backlog
2 months ago
GE Vernova (NYSE: GEV) stock went on an absolute tear in the first half of 2026, surging 79.8%, according to data provided by S&P Global Market Intelligence.
Shortly after spinning off from General Electric (now GE Aerospace) in April 2024, the market realized that building massive artificial intelligence (AI) data centers isn't just a software or chip challenge – it's an energy challenge, and it's bigger than anything else.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Big tech companies suddenly needed astronomical amounts of immediate, reliable, round-the-clock electricity. As the world's largest manufacturer of natural gas turbines and a leading manufacturer of electrical transmission and distribution equipment, such as transformers and switchgear, GE Vernova had the right solution on scale.
The stock nearly doubled in 2025 and continued to rally through the first six months of 2026 as order book exploded. GE Vernova's latest numbers, however, have sent the stock tumbling. What does that mean for investors?
#NVIDIA #signal #vernova #challenge
Shortly after spinning off from General Electric (now GE Aerospace) in April 2024, the market realized that building massive artificial intelligence (AI) data centers isn't just a software or chip challenge – it's an energy challenge, and it's bigger than anything else.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Big tech companies suddenly needed astronomical amounts of immediate, reliable, round-the-clock electricity. As the world's largest manufacturer of natural gas turbines and a leading manufacturer of electrical transmission and distribution equipment, such as transformers and switchgear, GE Vernova had the right solution on scale.
The stock nearly doubled in 2025 and continued to rally through the first six months of 2026 as order book exploded. GE Vernova's latest numbers, however, have sent the stock tumbling. What does that mean for investors?
#NVIDIA #signal #vernova #challenge
2 months ago
Broadcom's Hock Tan guided Q3 AI chip revenue to $16 billion, up over 200% year-over-year, while TSMC guided full-year 2026 revenue growth above 40%.
Laffont's five holdings form a closed AI infrastructure loop spanning power, fabrication, tools, and custom silicon, with four of the five currently rated BUY.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Taiwan Semiconductor Manufacturing didn't make the cut. Grab the names FREE today.
Philippe Laffont's Coatue Management just showed its hand: the latest 13F filing (holdings as of March 31, 2026) parks its biggest chips on a single trade: the AI infrastructure buildout. The five names below, all US-listed, represent Laffont's largest long common-stock and ADR positions. One of them just booked $10.80 billion in AI semiconductor revenue in a single quarter, growing 143% year-over-year. The setup is worth understanding before it reprices.
Every AI accelerator on this list is useless without electrons. That is why GE Vernova (NYSE:GEV) is the most surprising name in Laffont's tech basket: it sits one level upstream of the chips, building the gas turbines, grid equipment, and electrification hardware that hyperscalers are now ordering by the gigawatt. This is the AI trade one level upstream of NVIDIA. Q1 2026 revenue rose 15.8% year-over-year to $9.30 billion, but the real signal was orders: $18.30 billion, up 71% organically, with Electrification booking $2.4 billion in data center equipment orders in Q1 alone, more than all of 2025. CEO Scott Strazik put it plainly: "Demand is accelerating for our Power and Electrification solutions... backlog growing by more than $13 billion quarter-over-quarter."
#revenue #five #semiconductor
Laffont's five holdings form a closed AI infrastructure loop spanning power, fabrication, tools, and custom silicon, with four of the five currently rated BUY.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Taiwan Semiconductor Manufacturing didn't make the cut. Grab the names FREE today.
Philippe Laffont's Coatue Management just showed its hand: the latest 13F filing (holdings as of March 31, 2026) parks its biggest chips on a single trade: the AI infrastructure buildout. The five names below, all US-listed, represent Laffont's largest long common-stock and ADR positions. One of them just booked $10.80 billion in AI semiconductor revenue in a single quarter, growing 143% year-over-year. The setup is worth understanding before it reprices.
Every AI accelerator on this list is useless without electrons. That is why GE Vernova (NYSE:GEV) is the most surprising name in Laffont's tech basket: it sits one level upstream of the chips, building the gas turbines, grid equipment, and electrification hardware that hyperscalers are now ordering by the gigawatt. This is the AI trade one level upstream of NVIDIA. Q1 2026 revenue rose 15.8% year-over-year to $9.30 billion, but the real signal was orders: $18.30 billion, up 71% organically, with Electrification booking $2.4 billion in data center equipment orders in Q1 alone, more than all of 2025. CEO Scott Strazik put it plainly: "Demand is accelerating for our Power and Electrification solutions... backlog growing by more than $13 billion quarter-over-quarter."
#revenue #five #semiconductor
2 months ago
GE Vernova (NYSE:GEV) shares dropped about 6.4% on Wednesday morning after the power equipment maker's wind segment losses widened even as the company posted stronger-than-expected quarterly revenue and record orders.
The company's wind business, its long-standing trouble spot, reported revenue down 10% to $2.03 billion in the second quarter, with the segment's core loss widening to about $275 million on lower onshore equipment deliveries.
GE Vernova said it expects global tariffs to add $100 million to $200 million to costs in 2026.
Second-quarter revenue rose 22% year-over-year to $11.1 billion, topping ***** yst estimates of $10.7 billion.
Orders climbed 88% organically to $24.2 billion, pushing the company's backlog up $13 billion from the prior quarter to $176 billion.
#year
The company's wind business, its long-standing trouble spot, reported revenue down 10% to $2.03 billion in the second quarter, with the segment's core loss widening to about $275 million on lower onshore equipment deliveries.
GE Vernova said it expects global tariffs to add $100 million to $200 million to costs in 2026.
Second-quarter revenue rose 22% year-over-year to $11.1 billion, topping ***** yst estimates of $10.7 billion.
Orders climbed 88% organically to $24.2 billion, pushing the company's backlog up $13 billion from the prior quarter to $176 billion.
#year
2 months ago
What happened: GE Vernova (GEV) stock fell by roughly 6% on Wednesday.
Why the stock is moving: The gas turbine maker's quarterly results failed to impress investors with earnings missing expectations. Quarterly revenue beat estimates while the company saw a jump in orders for power and electrification equipment.
"With a backlog of $176 billion, continued revenue growth and margin expansion, and significant free cash flow generation, GE Vernova's momentum is building, and we are raising our 2026 financial guidance," CEO Scott Strazik said.
The company now sees revenue of $45.5 billion to $46.5 billion for the year, versus a previous forecast of $44.5 billion to $45.5 billion.
#strazik
Why the stock is moving: The gas turbine maker's quarterly results failed to impress investors with earnings missing expectations. Quarterly revenue beat estimates while the company saw a jump in orders for power and electrification equipment.
"With a backlog of $176 billion, continued revenue growth and margin expansion, and significant free cash flow generation, GE Vernova's momentum is building, and we are raising our 2026 financial guidance," CEO Scott Strazik said.
The company now sees revenue of $45.5 billion to $46.5 billion for the year, versus a previous forecast of $44.5 billion to $45.5 billion.
#strazik
2 months ago
Wall Street finished sharply higher on Tuesday, with semiconductor stocks leading a broad-based rally despite fresh geopolitical and trade concerns.
The Nasdaq paced the gains, climbing 329 points, or 1.3%, to 25,837 as investors piled back into chipmakers after recent weakness. The S&P 500 rose 66 points, or 0.9%, to 7,509, while the Dow Jones added 385 points, or 0.7%, to close at 52,225.
Technology shares were the standout performers as optimism returned to the semiconductor sector, helping offset concerns over escalating tensions in the Middle East and new US tariffs targeting Canadian imports.
Investors appeared willing to look beyond the latest geopolitical headlines, instead focusing on a busy stretch of corporate earnings that could set the tone for markets through the rest of the week.
The spotlight now turns to Wednesday's earnings calendar, one of the busiest of the season. Before the opening bell, investors will hear from Philip Morris, GE Vernova and AT&T. After markets close, attention will shift to Big Tech, with Alphabet, Tesla and IBM all scheduled to report results.
#concerns #earnings
The Nasdaq paced the gains, climbing 329 points, or 1.3%, to 25,837 as investors piled back into chipmakers after recent weakness. The S&P 500 rose 66 points, or 0.9%, to 7,509, while the Dow Jones added 385 points, or 0.7%, to close at 52,225.
Technology shares were the standout performers as optimism returned to the semiconductor sector, helping offset concerns over escalating tensions in the Middle East and new US tariffs targeting Canadian imports.
Investors appeared willing to look beyond the latest geopolitical headlines, instead focusing on a busy stretch of corporate earnings that could set the tone for markets through the rest of the week.
The spotlight now turns to Wednesday's earnings calendar, one of the busiest of the season. Before the opening bell, investors will hear from Philip Morris, GE Vernova and AT&T. After markets close, attention will shift to Big Tech, with Alphabet, Tesla and IBM all scheduled to report results.
#concerns #earnings
2 months ago
US stocks diverged on Wednesday as investors looked ahead to earnings from Alphabet (GOOG) and Tesla (TSLA) after the market close, while fresh tariffs and rising oil prices remained in focus.
The Dow Jones Industrial Average (^DJI) turned higher, rising 0.3%, and the S&P 500 (^GSPC) hovered near the flat line. The tech-heavy Nasdaq Composite (^IXIC) sank 0.3%, leading the retreat from a winning day on Wall Street the day before.
A tech recovery faces its next test later Wednesday when Alphabet and Tesla post second quarter results, the first two of the "Magnificent Seven" megacaps to report. Investors are weighing whether Google's AI monetization efforts justify surging spending on AI. All eyes will be on Tesla's capex, too, as the Elon Musk-led company vaults into its next phase of automation.
Among the other notable earnings, Supermicro (SMCI) shares surged after the AI server maker reported a record backlog. IBM (IBM) is also scheduled to report Q2 results after a pre-earnings warning caused a brutal stock drop last week. The power and electrification giant GE Vernova (GEV) reported revenue above expectations and a steadily growing order book but missed on earnings per share.
In trade news, President Trump appears ready to replace expiring 10% global tariffs with more permanent duties, including a potential 100% tariff on imported generic drugs. A new 25% tariff targeting Brazil came into effect on Wednesday.
#investors #tariffs #Tech #next
The Dow Jones Industrial Average (^DJI) turned higher, rising 0.3%, and the S&P 500 (^GSPC) hovered near the flat line. The tech-heavy Nasdaq Composite (^IXIC) sank 0.3%, leading the retreat from a winning day on Wall Street the day before.
A tech recovery faces its next test later Wednesday when Alphabet and Tesla post second quarter results, the first two of the "Magnificent Seven" megacaps to report. Investors are weighing whether Google's AI monetization efforts justify surging spending on AI. All eyes will be on Tesla's capex, too, as the Elon Musk-led company vaults into its next phase of automation.
Among the other notable earnings, Supermicro (SMCI) shares surged after the AI server maker reported a record backlog. IBM (IBM) is also scheduled to report Q2 results after a pre-earnings warning caused a brutal stock drop last week. The power and electrification giant GE Vernova (GEV) reported revenue above expectations and a steadily growing order book but missed on earnings per share.
In trade news, President Trump appears ready to replace expiring 10% global tariffs with more permanent duties, including a potential 100% tariff on imported generic drugs. A new 25% tariff targeting Brazil came into effect on Wednesday.
#investors #tariffs #Tech #next
2 months ago
US stocks pulled back on Wednesday as investors looked ahead to earnings from Alphabet (GOOG) and Tesla (TSLA) after the market close, while fresh tariffs and rising oil prices remained in focus.
The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) fell 0.1% and 0.3%, respectively. The tech-heavy Nasdaq Composite (^IXIC) sank 0.8%, leading the retreat from a winning day on Wall Street the day before.
A tech recovery faces its next test later Wednesday when Alphabet and Tesla post second quarter results, the first two of the "Magnificent Seven" megacaps to report. Investors are weighing whether Google's AI monetization efforts justify surging spending on AI. All eyes will be on Tesla's capex, too, as the Elon Musk-led company vaults into its next phase of automation.
Among the other notable earnings, Supermicro (SMCI) shares surged after the AI server maker reported a record backlog. IBM (IBM) is also scheduled to report Q2 results after a pre-earnings warning caused a brutal stock drop last week. The power and electrification giant GE Vernova (GEV) reported revenue above expectations and a steadily growing order book but missed on earnings per share.
In trade news, President Trump appears ready to replace expiring 10% global tariffs with more permanent duties, including a potential 100% tariff on imported generic drugs. A new 25% tariff targeting Brazil came into effect on Wednesday.
#alphabet #tesla #tariffs #report
The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) fell 0.1% and 0.3%, respectively. The tech-heavy Nasdaq Composite (^IXIC) sank 0.8%, leading the retreat from a winning day on Wall Street the day before.
A tech recovery faces its next test later Wednesday when Alphabet and Tesla post second quarter results, the first two of the "Magnificent Seven" megacaps to report. Investors are weighing whether Google's AI monetization efforts justify surging spending on AI. All eyes will be on Tesla's capex, too, as the Elon Musk-led company vaults into its next phase of automation.
Among the other notable earnings, Supermicro (SMCI) shares surged after the AI server maker reported a record backlog. IBM (IBM) is also scheduled to report Q2 results after a pre-earnings warning caused a brutal stock drop last week. The power and electrification giant GE Vernova (GEV) reported revenue above expectations and a steadily growing order book but missed on earnings per share.
In trade news, President Trump appears ready to replace expiring 10% global tariffs with more permanent duties, including a potential 100% tariff on imported generic drugs. A new 25% tariff targeting Brazil came into effect on Wednesday.
#alphabet #tesla #tariffs #report
2 months ago
What happened: GE Vernova (GEV) stock fell by roughly 5% in premarket trading on Wednesday.
Why the stock is moving: The gas turbine maker's quarterly results failed to impress investors, despite a revenue beat and a jump in orders for power and electrification equipment.
"With a backlog of $176 billion, continued revenue growth and margin expansion, and significant free cash flow generation, GE Vernova's momentum is building, and we are raising our 2026 financial guidance," CEO Scott Strazik said.
The company now sees revenue of $45.5 billion to $46.5 billion for the year, up from a previous forecast of $44.5 billion to $45.5 billion.
GE Vernova's total company orders surged 88% to $24.2 billion, driven by massive demand in its Power and Electrification segment.
#billion #power #orders
Why the stock is moving: The gas turbine maker's quarterly results failed to impress investors, despite a revenue beat and a jump in orders for power and electrification equipment.
"With a backlog of $176 billion, continued revenue growth and margin expansion, and significant free cash flow generation, GE Vernova's momentum is building, and we are raising our 2026 financial guidance," CEO Scott Strazik said.
The company now sees revenue of $45.5 billion to $46.5 billion for the year, up from a previous forecast of $44.5 billion to $45.5 billion.
GE Vernova's total company orders surged 88% to $24.2 billion, driven by massive demand in its Power and Electrification segment.
#billion #power #orders
2 months ago
Dow Jones futures rose Monday morning, along with S&P 500 futures and especially Nasdaq futures. Oil prices whipsawed on reports of U.S.-Iran diplomacy as well as Red Sea threats.
Google-parent Alphabet, Tesla, Intel, GE Vernova and Interactive Brokers headline a big week of earnings, along with an AMD AI event.
The stock market saw losses last week that were concentrated in the Nasdaq and especially AI stocks. ***** e Exploration Technologies (SPCX), better known as ***** eX, dived well below its IPO price. But many stocks in the medical, financial, energy and transportation sectors are showing strength.
Still, investors should be playing more defense than offense, cutting losers and continuing to take profits.
Interactive Brokers (IBRK) reports Tuesday night with GE Vernova (GEV) tap early Wednesday. Google-parent Alphabet (GOOGL) and Tesla (TSLA) are scheduled for late Wednesday and Intel (INTC) is due Thursday evening.
Google-parent Alphabet, Tesla, Intel, GE Vernova and Interactive Brokers headline a big week of earnings, along with an AMD AI event.
The stock market saw losses last week that were concentrated in the Nasdaq and especially AI stocks. ***** e Exploration Technologies (SPCX), better known as ***** eX, dived well below its IPO price. But many stocks in the medical, financial, energy and transportation sectors are showing strength.
Still, investors should be playing more defense than offense, cutting losers and continuing to take profits.
Interactive Brokers (IBRK) reports Tuesday night with GE Vernova (GEV) tap early Wednesday. Google-parent Alphabet (GOOGL) and Tesla (TSLA) are scheduled for late Wednesday and Intel (INTC) is due Thursday evening.
2 months ago
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. U.S. and Iran continued to exchange attacks after Iranian missiles killed two U.S. servicemembers on Friday. Google-parent Alphabet, Tesla, Intel, GE Vernova and Interactive Brokers headline a big week of earnings, along with an AMD AI event.
The stock market saw losses last week that were concentrated in the Nasdaq and especially AI stocks. **** e Exploration Technologies (SPCX), better known as **** eX, dived well below its IPO price. But many stocks in the medical, financial, energy and transportation sectors are showing strength.
Still, investors should be playing more defense than offense, cutting losers and continuing to take profits.
Interactive Brokers (IBRK) reports Tuesday night with GE Vernova (GEV) tap early Wednesday. Google-parent Alphabet (GOOGL) and Tesla (TSLA) are scheduled for late Wednesday and Intel (INTC) is due Thursday evening
Also, Advanced Micro Devices (AMD) will hold the AMD Advancing AI event on Wednesday, with CEO Lisa Su a featured speaker. Also, expect big jet orders during the week around the biennial Farnborough Air Show.
The stock market saw losses last week that were concentrated in the Nasdaq and especially AI stocks. **** e Exploration Technologies (SPCX), better known as **** eX, dived well below its IPO price. But many stocks in the medical, financial, energy and transportation sectors are showing strength.
Still, investors should be playing more defense than offense, cutting losers and continuing to take profits.
Interactive Brokers (IBRK) reports Tuesday night with GE Vernova (GEV) tap early Wednesday. Google-parent Alphabet (GOOGL) and Tesla (TSLA) are scheduled for late Wednesday and Intel (INTC) is due Thursday evening
Also, Advanced Micro Devices (AMD) will hold the AMD Advancing AI event on Wednesday, with CEO Lisa Su a featured speaker. Also, expect big jet orders during the week around the biennial Farnborough Air Show.
2 months ago
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Google-parent Alphabet, Tesla, Intel, GE Vernova and Interactive Brokers headline a big week of earnings, along with an AMD AI event.
The stock market saw losses this past week, but they were concentrated in the Nasdaq and especially AI stocks. ***** e Exploration Technologies (SPCX), better known as ***** eX, dived well below its IPO price. But many stocks in the medical, financial, energy and transportation sectors are showing strength.
Still, investors should be playing more defense than offense, cutting losers and continuing to take profits.
Interactive Brokers (IBRK) reports Tuesday night, GE Vernova (GEV) is on tap early Wednesday, while Google-parent Alphabet (GOOGL), Tesla (TSLA) and Intel (INTC) are all due late Thursday.
Also, Advanced Micro Devices (AMD) will hold the AMD Advancing AI event on Wednesday, with CEO Lisa Su a featured speaker. Also, expect big jet orders during the week around the biennial Farnborough Air Show
The stock market saw losses this past week, but they were concentrated in the Nasdaq and especially AI stocks. ***** e Exploration Technologies (SPCX), better known as ***** eX, dived well below its IPO price. But many stocks in the medical, financial, energy and transportation sectors are showing strength.
Still, investors should be playing more defense than offense, cutting losers and continuing to take profits.
Interactive Brokers (IBRK) reports Tuesday night, GE Vernova (GEV) is on tap early Wednesday, while Google-parent Alphabet (GOOGL), Tesla (TSLA) and Intel (INTC) are all due late Thursday.
Also, Advanced Micro Devices (AMD) will hold the AMD Advancing AI event on Wednesday, with CEO Lisa Su a featured speaker. Also, expect big jet orders during the week around the biennial Farnborough Air Show
2 months ago
Not all hyperscalers are made equal, and some are made less equal than others. Moving on from shamelessly misquoting Orwell, there's a key point here, and it's demonstrated in the chart below. Oracle (NYSE: ORCL) stock declined 24.8% in the first half of 2026, according to data from S&P Global Market Intelligence. Microsoft (NASDAQ: MSFT) declined by a similar amount, but, interestingly, both Amazon.com and Alphabet, the owner of Google, are in positive territory. Here's why.
There are two themes to explore here. First, the reality is that forecasts for the construction of artificial intelligence (AI) infrastructure have increased throughout the year. That's the main reason AI infrastructure companies like Vertiv and GE Vernova have significantly outperformed the market and the hyperscalers, like Oracle, whose increased capital spending requirements have pressured their stocks in 2026.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The second reason for the decline stems from something it shares with the other hyperscaler in negative territory, Microsoft: significant exposure to the AI model and technology company, OpenAI.
ORCL data by YCharts
There are two themes to explore here. First, the reality is that forecasts for the construction of artificial intelligence (AI) infrastructure have increased throughout the year. That's the main reason AI infrastructure companies like Vertiv and GE Vernova have significantly outperformed the market and the hyperscalers, like Oracle, whose increased capital spending requirements have pressured their stocks in 2026.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The second reason for the decline stems from something it shares with the other hyperscaler in negative territory, Microsoft: significant exposure to the AI model and technology company, OpenAI.
ORCL data by YCharts
2 months ago
GE Vernova Inc. (NYSE:GEV) was among the stocks on Jim Cramer's Mad Money radar as he taught investors how to profit from the upcoming wave of takeovers. Toward the end of the lightning round, when a caller inquired about the stock, Cramer remarked:
GE Vernova of those is my favorite. It's one that the Charitable Trust has a very big position in. I believe in Scott Strazik. I think it is a terrific situation. Held up very well. I say still, buy GE Vernova.
Photo by Artem Podrez on Pexels
GE Vernova Inc. (NYSE:GEV) provides products and services for generating, converting, storing, and managing electricity, including gas, nuclear, hydro, and wind technologies. A caller inquired about the stock during the May 29 episode, and Cramer responded:
Look, I think GE Vernova is absolutely terrific. We know that the, it's come down nicely from its top. It's at a very good level. I still like NVIDIA very much. I'm not backing away from NVIDIA, I just need to know… what went on in the last hour, because it just seemed, let's just say it didn't seem right. How about that? Leave it at that.
GE Vernova of those is my favorite. It's one that the Charitable Trust has a very big position in. I believe in Scott Strazik. I think it is a terrific situation. Held up very well. I say still, buy GE Vernova.
Photo by Artem Podrez on Pexels
GE Vernova Inc. (NYSE:GEV) provides products and services for generating, converting, storing, and managing electricity, including gas, nuclear, hydro, and wind technologies. A caller inquired about the stock during the May 29 episode, and Cramer responded:
Look, I think GE Vernova is absolutely terrific. We know that the, it's come down nicely from its top. It's at a very good level. I still like NVIDIA very much. I'm not backing away from NVIDIA, I just need to know… what went on in the last hour, because it just seemed, let's just say it didn't seem right. How about that? Leave it at that.
2 months ago
Chevron Corporation (NYSE:CVX) is one of the best dividend aristocrat stocks to buy now.
Tupungato / Shutterstock.com
On June 23 at the J.P. Morgan Natural Resources Conference, Jeff Gustavson, President of Chevron Corporation (NYSE:CVX), New Energies, reiterated a heightened focus on low-carbon technologies, including carbon capture, renewable fuels, lithium, and hydrogen.
The push is part of a drive that seeks to meet global energy demand while also delivering shareholder value. While Chevron is the largest natural gas producer in the US, Gustavson expects the company to capitalize on the soaring power demand by leveraging its LNG business. The executive also reiterated that partnerships with the likes of GE Vernova and Caterpillar on equipment, and now Microsoft on data centers, position the company to generate significant value while meeting growing energy demands.
The company's subsidiary, Energy Forge One LLC, is poised to build a 2.67 GW natural gas-powered facility co-located with Microsoft's data center campus as part of the Kilby project.
Tupungato / Shutterstock.com
On June 23 at the J.P. Morgan Natural Resources Conference, Jeff Gustavson, President of Chevron Corporation (NYSE:CVX), New Energies, reiterated a heightened focus on low-carbon technologies, including carbon capture, renewable fuels, lithium, and hydrogen.
The push is part of a drive that seeks to meet global energy demand while also delivering shareholder value. While Chevron is the largest natural gas producer in the US, Gustavson expects the company to capitalize on the soaring power demand by leveraging its LNG business. The executive also reiterated that partnerships with the likes of GE Vernova and Caterpillar on equipment, and now Microsoft on data centers, position the company to generate significant value while meeting growing energy demands.
The company's subsidiary, Energy Forge One LLC, is poised to build a 2.67 GW natural gas-powered facility co-located with Microsoft's data center campus as part of the Kilby project.
2 months ago
Cambridge, Massachusetts-based GE Vernova Inc. (GEV) is a global energy technology company that provides equipment, software, and services across the power generation, electrification, and renewable energy markets. Valued at $315.7 billion by market cap, GE Vernova is focused on helping utilities, governments, and industrial customers modernize power systems and support the global energy transition.
The energy equipment manufacturing and services company is expected to announce its fiscal second-quarter earnings for 2026 on Wednesday, July 22, before the market opens. Ahead of the event, ******* ysts expect GEV to report a profit of $3.16 per share on a diluted basis, up 69.9% from $1.86 per share in the year-ago quarter. The company has exceeded consensus estimates in three of the last four quarters, while missing the forecast on one other occasion.
Dear Microsoft Stock Fans, Mark Your Calendars for August 1
Heavy Advanced Micro Devices Call Options Volume Today - Is AMD Undervalued?
From Zero to $15 Billion, Qualcomm's AI Roadmap Gets a Boost From Modular Acquisition
The energy equipment manufacturing and services company is expected to announce its fiscal second-quarter earnings for 2026 on Wednesday, July 22, before the market opens. Ahead of the event, ******* ysts expect GEV to report a profit of $3.16 per share on a diluted basis, up 69.9% from $1.86 per share in the year-ago quarter. The company has exceeded consensus estimates in three of the last four quarters, while missing the forecast on one other occasion.
Dear Microsoft Stock Fans, Mark Your Calendars for August 1
Heavy Advanced Micro Devices Call Options Volume Today - Is AMD Undervalued?
From Zero to $15 Billion, Qualcomm's AI Roadmap Gets a Boost From Modular Acquisition
3 months ago
As the Dow Jones Industrial Average and other stock indexes headed in different directions during Tuesday's session, Nvidia (NVDA), Advanced Energy Industries (AEIS), ****** mins (CMI) and GE Vernova (GEV) were among names to watch.
With the S&P 500 and Nasdaq composite pulling back, traders who use Investor's Business Daily's IBD Methodology have the flexibility to buy top-rated growth stocks while reducing risk by selling any stocks that have triggered sell signals.
Dow component Nvidia tumbled below its 50-day moving average during Tuesday's 3% slide, according to IBD MarketSurge chart ****** ysis. That's a key area to watch. A decisive rebound back above that level would place the artificial intelligence leader in a new buying range, while more weakness would be a reason to exit the stock from a previous breakout at 197.63.
Meanwhile, Nvidia stock could have a base in another week, likely a double-bottom pattern with a 232.28 buy point, but that seems unlikely now with shares near their recent lows.
Nvidia stock backstory: On Tuesday, Daniel O'Regan, managing director of equity trading at Mizuho Securities, said chip stocks were due for a pullback after rising "too far, too fast."
With the S&P 500 and Nasdaq composite pulling back, traders who use Investor's Business Daily's IBD Methodology have the flexibility to buy top-rated growth stocks while reducing risk by selling any stocks that have triggered sell signals.
Dow component Nvidia tumbled below its 50-day moving average during Tuesday's 3% slide, according to IBD MarketSurge chart ****** ysis. That's a key area to watch. A decisive rebound back above that level would place the artificial intelligence leader in a new buying range, while more weakness would be a reason to exit the stock from a previous breakout at 197.63.
Meanwhile, Nvidia stock could have a base in another week, likely a double-bottom pattern with a 232.28 buy point, but that seems unlikely now with shares near their recent lows.
Nvidia stock backstory: On Tuesday, Daniel O'Regan, managing director of equity trading at Mizuho Securities, said chip stocks were due for a pullback after rising "too far, too fast."
3 months ago
Chevron (CVX) announced Monday that it will power a huge Microsoft (MSFT) data center in West Texas with natural gas, using gas turbines supplied by GE Vernova (GEV) and Caterpillar (CAT). GE Vernova stock rose near a buy point, and Caterpillar stock jumped.
Project Kilby, as it is known, is expected to produce 2.7 gigawatts of electricity. That is said to be enough capacity to power about 2 million homes. A majority of the electricity will come from large gas turbines supplied by GE Vernova, Chevron said. Additional capacity will be provided by a Caterpillar subsidiary called Solar Turbines.
"The rapid growth we're experiencing in artificial intelligence (AI) and cloud, driven by customer demand, requires energy infrastructure that can scale quickly and reliably," said Noelle Walsh, Microsoft president of cloud operations, in the news release.
Compared with alternative sources of energy, gas-fired power plants hold an advantage in terms of speed to market. For example, new nuclear reactors can involve extremely lengthy testing and permitting times.
The 20-year power purchase agreement for Project Kilby marks a first for energy giant Chevron: its debut as a direct utility-style power provider for the technology sector amid the AI boom.
Project Kilby, as it is known, is expected to produce 2.7 gigawatts of electricity. That is said to be enough capacity to power about 2 million homes. A majority of the electricity will come from large gas turbines supplied by GE Vernova, Chevron said. Additional capacity will be provided by a Caterpillar subsidiary called Solar Turbines.
"The rapid growth we're experiencing in artificial intelligence (AI) and cloud, driven by customer demand, requires energy infrastructure that can scale quickly and reliably," said Noelle Walsh, Microsoft president of cloud operations, in the news release.
Compared with alternative sources of energy, gas-fired power plants hold an advantage in terms of speed to market. For example, new nuclear reactors can involve extremely lengthy testing and permitting times.
The 20-year power purchase agreement for Project Kilby marks a first for energy giant Chevron: its debut as a direct utility-style power provider for the technology sector amid the AI boom.
3 months ago
The VistaShares Artificial Intelligence Supercycle ETF (AIS) has become the best-performing AI-focused ETF of the year. Through June 3 it's up 119%, enough to rank it fifth among all US-listed non-leveraged ETFs.
The fund launched in December 2024 and has a 0.75% expense ratio.
What makes AIS unusual is how it's run. It's an actively managed fund, but one that more or less tracks an index, the BITA VistaShares Artificial Intelligence Supercycle Index.
The prospectus says that the fund's sub-adviser can buy names not yet in the index or sell ones not yet removed, acting on new information between the index's twice-yearly rebalances.
If a holding's outlook sours or a fresh IPO looks compelling, the manager can move before the index does. As a result, holdings and performance can "deviate significantly" from the index.
The index itself is constructed by sorting stocks into AI buckets, like semiconductors, AI software, and data center infrastructure. Stocks are weighted within a bucket by market share, while the buckets themselves are weighted by how important the index provider judges each one to be to AI.
In essence, the fund ends up with two layers of discretion. The index provider decides which buckets of AI stocks get the most weight, and the active manager decides how closely to follow the index.
Right now semiconductors and semiconductor equipment make up about half the portfolio. The other half spreads across tech hardware, storage and peripherals, communications equipment, software, electronic equipment and electrical equipment.
Geographically, it leans American, with the US at 60%, Taiwan at 15%, China at 10% and South Korea at 6%. The top individual positions are SK Hynix at 11%, Micron at 8%, AMD at 5% and Marvell at 4%.
Beyond the chipmakers, the fund holds names like data center cooling company Vertiv and GE Vernova in power, with software stocks like CrowdStrike and Palo Alto Networks also in the mix.
It's worth noting that AIS's index caps any single stock between 0.2% and 4.5% and rebalances in June and December. Today, SK Hynix, Micron and AMD all sit above that 4.5% line, likely because those stocks have gone vertical, doubling and tripling in a short amount of time, so they're temporarily above the caps before the next rebalance.
They'll probably come down then, though given the discretion the manager has, it's possible one or more of them could remain above the cap.
The fund launched in December 2024 and has a 0.75% expense ratio.
What makes AIS unusual is how it's run. It's an actively managed fund, but one that more or less tracks an index, the BITA VistaShares Artificial Intelligence Supercycle Index.
The prospectus says that the fund's sub-adviser can buy names not yet in the index or sell ones not yet removed, acting on new information between the index's twice-yearly rebalances.
If a holding's outlook sours or a fresh IPO looks compelling, the manager can move before the index does. As a result, holdings and performance can "deviate significantly" from the index.
The index itself is constructed by sorting stocks into AI buckets, like semiconductors, AI software, and data center infrastructure. Stocks are weighted within a bucket by market share, while the buckets themselves are weighted by how important the index provider judges each one to be to AI.
In essence, the fund ends up with two layers of discretion. The index provider decides which buckets of AI stocks get the most weight, and the active manager decides how closely to follow the index.
Right now semiconductors and semiconductor equipment make up about half the portfolio. The other half spreads across tech hardware, storage and peripherals, communications equipment, software, electronic equipment and electrical equipment.
Geographically, it leans American, with the US at 60%, Taiwan at 15%, China at 10% and South Korea at 6%. The top individual positions are SK Hynix at 11%, Micron at 8%, AMD at 5% and Marvell at 4%.
Beyond the chipmakers, the fund holds names like data center cooling company Vertiv and GE Vernova in power, with software stocks like CrowdStrike and Palo Alto Networks also in the mix.
It's worth noting that AIS's index caps any single stock between 0.2% and 4.5% and rebalances in June and December. Today, SK Hynix, Micron and AMD all sit above that 4.5% line, likely because those stocks have gone vertical, doubling and tripling in a short amount of time, so they're temporarily above the caps before the next rebalance.
They'll probably come down then, though given the discretion the manager has, it's possible one or more of them could remain above the cap.
