Crusoe Energy has filed permits with the Texas Department of Licensing and Regulation for two additional data center buildings at its Goodnight Campus in Armstrong County, Texas, each costing an estim…
Six formerly sleepy stocks have joined the $100 billion-plus valuation club by riding the AI boom, with their combined market cap surging from $90 billion to nearly $1 trillion since mid-July 2023, ac…
GE Vernova (GEV) reported a $176 billion backlog and growing demand for AI-powered electricity, offsetting a short-term earnings per share miss. The company's strong order book and positioning in the …
GE Vernova stock fell roughly 5% in premarket trading on Wednesday despite a revenue beat and a surge in AI-driven orders, as its wind segment dragged on earnings with a 40% drop in new orders and hig…
Air conditioning will drive far more electricity demand than artificial intelligence over the next decade, adding some 1,400 terawatt-hours by 2035 versus 700 terawatt-hours for data centers, accordin…
US power companies are scrambling for transformers, turbines, and switchgear as AI data centre demand strains supply, with lead times stretching to years and equipment shortages causing project delays…
The United States could face a 100-gigawatt electricity shortfall between 2026 and 2030, Bank of America warned, driven by surging demand from data centers powering the AI revolution and insufficient …
Blue Energy and GE Vernova are advancing a gas-to-nuclear model for a Texas project targeting 2.5 GW total capacity, using initial natural-gas turbines to power AI data centers while small modular rea…
GE Vernova's heavy-duty gas turbines are sold out through 2030-2031 as AI data center demand surges, with Q1 2026 orders jumping 71% to $18.3 billion and data center equipment orders hitting a record …
Chevron Corporation signed a 20-year power purchase agreement with Microsoft to supply dedicated electricity to a large-scale data center in West Texas. The deal involves a 2.67 GW natural gas-fired p…
AI data centers are driving a power supercycle, with GE Vernova's gas turbine prices surging 300% in three years due to soaring demand for electricity to support artificial intelligence infrastructure…
Chevron signed a 20-year power purchase agreement with Microsoft to build a 2.67 GW natural gas-fired facility in West Texas, supplying electricity directly to Microsoft's AI data centers without usin…
Google is partnering with Kairos Power and GE Vernova to develop up to 500 megawatts of advanced nuclear capacity by 2035, using small modular reactors to power its AI data centers. The Kairos project…
Microsoft and Chevron signed a 20-year power purchase agreement for Project Kilby, a 2.67 GW natural gas plant and co-located data center in West Texas, with first power delivery targeted for 2028, ac…
Nvidia shares fell below a key technical level, while Cummins and GE Vernova approached buy zones, according to Dow Jones market analysis.…
AI data-center developers are building their own natural gas plants to bypass the electric grid, with at least 46 facilities pursuing 56 GW of on-site generation. The trend, led by companies like xAI,…
Investors are monitoring stocks tied to the AI theme, with GE Vernova among five stocks nearing buy points, according to a recent analysis.…
GE Vernova (NYSE:GEV) is central to the energy market boom driven by AI and data-center demand, grid upgrades, and turbine scarcity. The stock is rated a Hold, with a warning not to chase the stock ev…