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via finance.yahoo.comBusiness & Companies

Vertiv and GE Vernova earnings: AI data center demand drives orders

FROM THE WIRE · FINANCE.YAHOO.COM

The 8:30 Hosts Julie Hyman, Pras Subramanian, and Jake Conley take a closer look at GE Vernova's (GEV) and Vertiv's (VRT) latest earnings results, especially as they relate to AI demand. Video Transcript 00:00 Speaker A GE Renova and Vertiv, both coming out with their earnings…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong results with sharply higher orders supporting AI power and infrastructure stocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01GE Vernova reports organic orders up 96%.
  2. 02Power orders rose 178% organically year over year.
  3. 03Vertiv and GE Vernova both reported earnings and their stocks bounced.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
GE Vernova Inc.GEVStock873.44 USD+1.08%today -2.42%Positive Vertiv Holdings CoVRTStock236.75 USD+0.09%today +13.52%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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