It's only February, but GE Vernova 's ( GEV 1.75%) stock has already had an exciting year. The share rose by 13.4% in January ...
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GE Vernova to shut wind turbine blade plant in Brazil, risking 1,000 jobsGE Vernova said it will close its wind turbine blades factory in the Brazilian city of Suape due to weakening demand in the Latin American market, affecting ~1,000 workers.
That said, the growth of DeepSeek's AI may help snowball adoption of AI, which could be a net positive for power demand and, in turn, GE Vernova. It's too early to tell.
GE Vernova (NYSE:GEV) has struggled to turn its offshore wind turbine business profitable. However, Trump announced Tuesday a joint venture between OpenAI, Softbank and Oracle to invest in AI ...
CEO Scott Strazik said Wednesday that he expects turbine installation at Vineyard Wind to be "materially complete" by the end of 2025. GE Vernova CEO Scott Strazik said Wednesday that he expects ...
BofA raised the firm’s price target on GE Vernova (GEV) to $415 from $380 and keeps a Buy rating on the shares. The firm believes turbine pricing has been positive since 2019 and it raised its ...
GE Vernova's Schenectady campus was started by Thomas Edison in the late 1880s. The company was spun off last April from General Electric Co. GE Vernova CEO Scott Strazik greet Massachusetts Gov.
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