GE Vernova's stock dropped 6% following a sharp rally driven by AI power sector enthusiasm, as investors took profits amid rising inflation and interest rate concerns. The decline reflects broader weakness in AI-related power stocks like Vertiv and Quanta Services, which also fell. Despite strong Q3 results and raised guidance, GE Vernova faces pressure from high valuations and inflation, which may limit near-term gains. The sector's future depends on sustained data-center demand and inflation trends, suggesting cautious investment for now.
GE Vernova trades at USD 791.79 on Pluang, down 4.53% as of Nov 10, 2026 22:21 WIB, with 87% of orders selling. Vertiv and Quanta Services also show declines, with Vertiv down 1.63% at USD 197.20 and Quanta Services nearly flat at USD 590.98. This aligns with the broader pullback in AI power stocks after recent gains, reflecting cautious sentiment among Pluang investors.
A global shortage of new gas turbines, with delivery times averaging six years, is driving AI data center developers and power producers to buy used turbines and entire gas plants. GE Vernova leads with a massive backlog and pricing power, while comp...
GE Vernova's stock fell over 22% in a month due to election-driven fears about data center regulations, despite the company reporting record orders of $29.3 billion and a backlog nearing $197 billion. The selloff misjudged demand, as about 80% of gas...
Bloom Energy and GE Vernova reported strong third-quarter results as they compete to supply power to AI data centers. Bloom Energy focuses on fast-deploying onsite fuel cells, showing 138% revenue growth and strong pricing power, while GE Vernova sel...
GE Vernova's stock has fallen over 25% in the past month amid fears of a Democratic sweep impacting industrial stocks. Despite this, the company’s order backlog has grown from $150B at the end of 2025 to nearly $200B in Q3 2026, with strong free cash...
