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GEV Stock Jumps After GE Vernova CEO Touts This Milestone
Investor's Business Daily8d agobullish
GEV Stock Jumps After GE Vernova CEO Touts This Milestone

Despite widespread AI concerns, GE Vernova expects to reach a key backlog target sooner than expected. GEV stock jumped on Wednesday. At a Morgan Stanley conference, GE Vernova CEO Scott Strazik reportedly said the company's backlog, which ended the second quarter at $176 billion, is on track to hit $200 billion "very early" in 2027.

Bloomberg51d agobullish
Caterpillar Profit Tops Estimates as AI Boosts Power Sales

(Bloomberg) -- Caterpillar Inc. posted second-quarter earnings and revenue that beat Wall Street expectations as the company’s power-generation business continued to post strong growth off the back of data center spending.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’s Mayor’s FundS&P 500 C

Investing.com65d agobullish
JPMorgan sees clean energy pullback as buying opportunity ahead of earnings

Investing.com -- JPMorgan said a recent selloff in clean energy and power infrastructure stocks has created attractive entry points ahead of second-quarter earnings, arguing that demand trends tied to data centers, industrial electrification and U.S. manufacturing remain intact despite recent market volatility.

Jim Cramer makes bold buy call on one booming energy stock
TheStreet81d agobullish
Jim Cramer makes bold buy call on one booming energy stock

When Jim Cramer says a stock is his favorite in a category and mentions it sits in his Charitable Trust as a "very big position," that is not a casual endorsement. Rather, it's a declaration of conviction. On Mad Money's Lightning Round on June 30, a caller asked about GE Vernova (GEV). Cramer did ...