In 2026, industrial machinery stocks like GE Vernova, Eaton, and Cummins have surged due to strong demand for electrification and data center power solutions. GE Vernova leads with a 50% gain, driven by record revenue, orders, and raised guidance fueled by grid and gas turbine demand. Eaton also posted strong growth, boosted by acquisitions and a focus on electrical and aerospace markets. Cummins showed record revenue but lagged slightly due to its diversified engine business. However, investor caution is rising as questions emerge about the sustainability of AI infrastructure spending that underpins these gains.
Shares of companies involved in behind-the-meter power for AI infrastructure, including FTAI Aviation, GE Vernova, and Caterpillar, fell 5-6% due to market worries about the scale of AI-related capital commitments by major tech firms. A Wall Street J...
SHINE, a fusion energy company, is partnering with GE Vernova to create an AI-powered system to track spent nuclear fuel throughout the recycling process. Funded by the U.S. Department of Energy's ARPA-E program, the project aims to improve material ...
Bridgewater Associates, led by Ray Dalio, disclosed a $24.4 billion stock portfolio as of June 30, 2026, with a strong focus on ETFs like SPY and IVV, which make up over 25% of holdings. The hedge fund increased its ETF positions but reduced stakes i...
