GE Vernova Surges 18.95% in Four Days, Ranks 37th in Trading Volume with $1.463 Billion

On April 25, 2025, GE Vernova (GEV) saw a trading volume of $1.463 billion, ranking 37th in the day's stock market activity. GEV experienced a 3.31% increase, marking its fourth consecutive day of gains, with a total rise of 18.95% over the past four days.

Duke Energy and GE Vernova have announced a significant partnership focused on natural gas turbines and related equipment. This collaboration aims to meet the growing demands of advanced manufacturing, data centers, and population growth. The agreement includes plans to advance specific projects for up to 11 7HA gas turbines, aligning with Duke Energy's integrated resource plans. This initiative will support Duke Energy's strategy to provide reliable energy while keeping customer costs low, even in the face of robust future growth scenarios. Additionally, this partnership builds on the eight 7HA gas turbines that have already been secured.

As part of this partnership, GE Vernova will supply 11 advanced 7HA gas turbines and invest $600 million in expanding US manufacturing capabilities. This expansion is expected to create 1,500 new jobs in South Carolina, further bolstering the region's economic development.