Soaring despite interest rate pressure! CEO of GE Vernova sees $200 billion order backlog by 2027!
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Order Boom: CEO Scott Strazik predicts reaching the $200 billion mark in order backlog as early as early 2027 Diversified Growth: In addition to AI data centers, traditional energy providers and new hybrid deals for gas plus nuclear power are driving the business Market Shortage: Capacities for gas turbines are sold out until almost 2030, leading to initial price increases in the secondary market Against the trend of the overall market, GE Vernova (GEV) shares rose significantly on Wednesday, closing up 4.8% at $925. While a 0.25% increase...
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