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GE Vernova (GEV) equipment orders more than doubled in Q2, while service orders rose more than 15%, reinforcing a sharp acceleration in power and electrification demand

StockNow breaking-news AI analysis

GE Vernova sees massive order growth driven by AI-linked power demand, leading to a sold-out turbine backlog through 2030 and upgraded 2026 financial guidance despite wind segment losses.

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