Meta's negative $2.12 billion free cash flow likely sparked AI-financing fears behind GE Vernova's 10.64% drop.
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GE Vernova
GE Vernova is an industrials company that makes products and services for generating, transferring and storing electricity. It reports three segments: Power (gas, nuclear, hydro and steam), Wind, and Electrification.
Price history
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Every session it moved
newest firstThe stock fell due to SpaceX's plans to manufacture turbine blades in-house, coupled with digestion of a CFO leadership transition.
read the report →GE Vernova stock fell after missing Q2 EPS estimates and reporting widening losses in its struggling Wind segment.
read the report →The stock dropped in a sympathy selloff after a competitor downgrade raised concerns that the gas turbine cycle is peaking.
read the report →GE Vernova surged after being added to the Russell Top 50 Index alongside record demand for AI data center power infrastructure.
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