GE Vernova Lifts Outlook

The power equipment maker reported that its bookings surged to $18.3 billion, driven by the rapid expansion of AI infrastructure.

Shares of GE Vernova hit an all-time high as investors cheered the company's strong order growth and improved profit margins.

The results highlight the critical role of power generation in the AI era, as tech giants scramble to secure electricity for new data centers.

Management expressed confidence that the positive momentum will continue throughout 2026.