GE Vernova Lands Wind Turbine Order With 20-Year Service Deal

GE Vernova, Vertiv, and Bloom Energy Just Lost 10% to 24% in a Week. Here's What Set Off the AI Power Sell-off.

GE Vernova, Vertiv, and Bloom Energy experienced significant stock declines of 10-24% over a week due to inflation concerns and AI financing worries, particularly around CoreWeave's debt. However, all three companies reported strong Q3 results with robust demand for AI power infrastructure. Despite valuation concerns and execution risks, analysts suggest the pullback may present attractive entry points for long-term investors.

11 Of 11 Sectors Fall In Tuesday Trading As Leaders Move Together

All 11 sectors are lower in Tuesday's regular session, with Financials, Consumer Staples and Consumer Discretionary at the top of the table. The leaders are clustered rather than separated, with the first three sectors grouped within a narrow range of performance.

SoftBank Subsidiary Modifies Turbine Procurement Agreement with GE Vernova

A SoftBank subsidiary has reached a settlement to modify its procurement strategy, resulting in payments to GE Vernova to forgo the delivery of previously ordered gas turbines.

GE Vernova To Invest $34.5M In Shreveport Facility Expansion To Meet Growing Grid Infrastructure Demand

Corning to Caterpillar: The AI ‘Picks and Shovels’ Trade Caves In

AI industrial stocks plunged after Democrats won Congress, as investors weigh AI capex concerns and increased scrutiny on data center expansion.

Venture Global Eyes AI Power Gold Rush, Raises 2026 Profit Outlook

Venture Global beats Q3 earnings estimates, raises its 2026 profit forecast and explores new opportunities in AI data center power.