GE Vernova (GEV) Stock Rises 2.8% on Maxim Power Turbine Agreement

TLDR GE Vernova (GEV) shares climbed 2.8% to $801.25 Monday following a turbine sales agreement with Maxim Power requiring a 2026 deposit. Q4 results destroyed estimates with $13.39 EPS versus $2.99 expected and $10.96 billion revenue versus $10.21 billion consensus. Gas power backlog reached 83 gigawatts with CEO projecting 100 gigawatts by year-end and 2029-2030 [...]

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