AI Power Demand Might Actually Turn Out to Be Good for Climate [Yahoo! Finance]
GE Vernova Inc. (GEV)
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg Robotaxis Are No Friend of Public Transportation Booming Cambridge Exposes England's Widening Wealth Gap Oman Sees an Urban Future Distinct From Dubai and Abu Dhabi Argentina Drug Trafficking Hotspot Sees Murders Plunge Climate Change Is Killing Buildings in Slow Motion Several company executives have plugged the counterintuitive claim over the past month: Cam Hosie, senior vice president of new energy at SLB, the world's biggest oilfield service provider, called the rapid increase in electricity demand the “greatest blessing” the energy transition could hope for. The sentiment was echoed by Scott Strazik, chief executive officer of GE Vernova Inc. the world's biggest manufacturer and supplier of technology for natural gas-fired power plants. Strazik said the phenomenon would be “net-decarbonizing.” But when companies that profit off fossil fuels tout the virtues of the transition to clean energy, skepticism typically follows. This time is no
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GEV
News
- AI Power Demand Might Actually Turn Out to Be Good for Climate [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Unveiling Southeast Asia's Energy Transition at SIEW 2024 [Yahoo! Finance]Yahoo! Finance
- GE Vernova Inc. (NYSE: GEV) had its price target raised by analysts at Truist Financial Co. from $300.00 to $325.00. They now have a "buy" rating on the stock.MarketBeat
- GE Vernova Gains Investor Confidence With Strong Revenue Outlook And Path To Higher Margins, Say Analysts [Yahoo! Finance]Yahoo! Finance
- GE Vernova Inc. (NYSE: GEV) had its price target raised by analysts at Morgan Stanley from $256.00 to $301.00. They now have an "overweight" rating on the stock.MarketBeat
GEV
Earnings
- 10/24/24 - Miss
GEV
Sec Filings
- 9/5/24 - Form 4
- 8/26/24 - Form 4
- 8/26/24 - Form 4
- GEV's page on the SEC website