GE Vernova Inc. (GEV)

MIR, BWXT and GEV delivered upbeat Q2 results and raised outlooks, fueling optimism for nuclear energy OEMs in the AI-driven power boom.

Artificial intelligence (AI) isn't just transforming industries. It's making us rethink energy.

Zacks.com users have recently been watching GE Vernova (GEV) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

GEV aims to capture the global nuclear surge with its BWRX-300 small modular reactors and expanding international collaborations.

Leading the pack for the S&P 500 this year is none other than AI-favorite Palantir, energy titan GE Vernova, and gold miner Newmont. Positive near-term EPS outlooks allude to further gains ahead.

Energy stocks are notoriously cyclical. Over the last five years, the sector has lagged the broader market, especially the tech sector, mainly due to the global pandemic and uneven economic recovery.

Key Points in This Article: Big Tech's $380 billion AI capex boom is fueling demand for chips and energy infrastructure.

Focus on companies generating revenue from AI infrastructure, not those only investing in AI capabilities with uncertain monetization. Current AI infrastructure leaders like NVDA, CEG, VST, TLN, and G...

GEV moves up over 10 points after the alert confirms early strength

Recently, Zacks.com users have been paying close attention to GE Vernova (GEV). This makes it worthwhile to examine what the stock has in store.