GE Vernova Stock News

A poor outcome for a single trade doesn't necessarily mean the trade was bad.

GE Vernova expects its business to grow rapidly in the coming years, driven by the data center buildout. The gas turbine giant just doubled its dividend and raised its share buyback program.

GE Vernova investors got some relief after the previous session's brutal selloff.

The GE Vernova stock price suffered a harsh reversal as it plunged by over 10% in a single day. It bottomed at $614, down by 15% from its highest level this year, erasing some of the gains it made recently when it boosted its payouts to investors.

As the year winds down, the broader market has delivered a solid performance, with the SPDR S&P 500 ETF Trust NYSEARCA: SPY up approximately 16% year-to-date (YTD). But beneath the surface, leadership is quietly shifting.

The company has been developing its fuel cell technology for years.

Artificial intelligence (AI) stocks have taken a hit lately—but not all are moving in lockstep. Some names are rallying, others are falling, and a few are holding steady while sending strong signals through new buyback authorizations.

The seven stocks that earned Buy ratings from Evercore ISI are all based in the U.S. and Europe.