Blue Energy and GE Vernova announced a collaboration to develop the world's first combined gas and nuclear power plant in Texas, aiming to meet rising U.S. electricity demand driven by AI and advanced manufacturing. The project will use GE Vernova's BWRX-300 small modular reactor and gas turbines, with plans to start early gas-powered operations by 2030 and switch to nuclear power by 2032. This approach could cut nuclear plant construction time to 48 months or less, offering a faster, more affordable energy solution. Blue Energy plans a final investment decision in 2027 and will apply for a construction permit the same year.
With KLA and Booking Holdings completing major stock splits in 2026, investors are eyeing other high-priced stocks for similar moves. Among ASML, United Rentals, GE Vernova, and SanDisk, only SanDisk stands out as the most likely candidate for a stoc...
GE Vernova's stock is forming a bullish flag pattern within a long-term uptrend, holding support at the 50-day moving average near $986.60. A decisive breakout above the $1,061.40 resistance could trigger a continuation of the upward trend, supported...
