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GE Vernova bullish on electrical infrastructure as turbine backlog grows
Yahoo Finance· 2025-10-23 19:05
This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. By the numbers: GE Vernova Q3 2025   $10B revenue Up 10% year over year.   $14.7B total orders Up 55% year over year, driven by power and electrification segments.   62 GW total gas turbine backlog Up 7 GW from Q2 2025. Includes 29 GW order backlog + 33 GW slot reservations.   102% growth in electrification Fastest-growing GEV segment Prolec Acquisition ...
GE Vernova Stock Pummeled on Fears Power-Demand Boom Is Cooling
Yahoo Finance· 2025-10-23 03:49
GE Vernova Inc. dropped the most in six months on investor concerns that this year’s 70% stock rally was overdone following comments from Chief Executive Officer Scott Strazik that some worried signaled weakening growth prospects. Amid an unprecedented boom in AI-driven electricity demand, quarterly results released on Wednesday and subsequent comments by Strazik during a conference call spooked some shareholders who were expecting more enthusiasm going forward. Most Read from Bloomberg “Some of the com ...