GE Vernova Soars 3.15% Ahead of Earnings

On July 23, 2025, GE Vernova's stock price surged by 3.15% in pre-market trading, reflecting a strong start to the day.

GE Vernova is set to release its second-quarter earnings before the market opens on July 23, 2025. Analysts anticipate the company to report earnings of $1.50 per share, a significant increase from $1.02 per share in the same period last year. The company is also projected to report quarterly revenue of $8.8 billion, up from $8.2 billion a year earlier.

In a strategic move, GE Vernova has announced plans to invest up to $100 million in Pennsylvania over the next two years, which is expected to create approximately 700 new jobs across multiple factories in the state. This investment is part of the company's broader strategy to enhance its manufacturing capabilities and support the local economy.

GE Vernova has also made significant strides in the artificial intelligence sector with the acquisition of Alteia SAS, a French software company specializing in AI and machine learning. This acquisition is aimed at strengthening GE Vernova's AI capabilities and providing advanced visualization solutions for utility companies, enhancing their operational efficiency and resilience.