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Stock impact report

Here's Why GE Vernova Stock Powered Higher Today [Yahoo! Finance]

GE Vernova Inc. (GEV) 
Company Research Source: Yahoo! Finance
The move comes after its first-quarter 2025 earnings report demonstrated that plenty of life is left in the economy's electrification trend. Moreover, management reaffirmed its full-year guidance -- a significant plus in an economy threatened by an ongoing tariff dispute. Management's strategy is to take advantage of the strength in demand for gas turbines while growing its higher-margin gas services business in the power segment. The good news is that orders of $6.2 billion in the quarter were 1.4 times its $4.4 billion in revenue, indicating more growth to come. An increase in the installed base of gas turbines helped services revenue grow by 18% in the quarter. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » In its second largest segment, electrification, orders remain strong (at 1.8 times revenue in the quarter) as ongoing investment in electric grids and connecting renewable energy to the Show less Read more
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