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

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

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

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

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

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

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

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

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

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.

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.

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

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

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.

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.

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.
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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."

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.

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.