GE Vernova Stock News

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, according to S&P Global Market Intelligence data, but sold off at the end of the month due to the emergence of new artificial intelligence (AI) models from Chinese start-up DeepSeek.

Shares in GE Vernova (GEV 8.40%), a gas power, wind turbine, and electrification technology company, were down almost 9% this week, as of Friday morning. The move follows the release of Chinese start-up DeepSeek's latest artificial intelligence (AI) model.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--GE Vernova Inc. (NYSE:GEV), America's leading energy manufacturing company, is planning to invest nearly $600 million in its U.S. factories and facilities over the next two years to help meet the surging electricity demands around the world. The new investments – expected to create approximately 1,500 new U.S. jobs – will help drive U.S. energy affordability, ...

Chevron U.S.A. announced Tuesday a partnership with Engine No.

Chevron and GE Vernova are trying their hand at supplying power to data centers, just as China's DeepSeek may upend that play.

Energy company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States that will be linked to data centers in order to support increased demand for electricity at these centers, particularly for the development of artificial intelligence.

Energy major Chevron said on Tuesday it has signed an agreement with investment firm Engine No. 1 and GE Vernova to build natural gas-based power plants to run co-located data centers in the U.S.

Chevron and GE Vernova will team up with activist firm Engine No. 1 to provide natural gas solutions.