Why GE Vernova Stock Crushed it on Wednesday

Key Points It's a gas-and-nuclear hybrid operation that will supply power to AI data centers. This buttresses GE Vernova's position as a trusted supplier for both technologies. 10 stocks we like better than GE Vernova › Wednesday was a forgettable day for many stocks, but GE Vernova (NYSE: GEV) was an outlier. The engineering company's shares bounced nearly 5% higher, on news of progress in a crucial project in which it's involved. That rise stood out on a day when the benchmark S&P 500 index slumped by 0.5%. A powerful piece of news Nuclear energy developer Blue Energy announced it had submitted the initial part of its application for a construction permit for a project in Texas. That application, filed with the U.S.