New York, Jan 19, 2026, 18:03 EST — The market has closed.
- GE Vernova shares finished last Friday 6.1% higher, closing at $681.55, with U.S. markets closed for the holiday.
- The shift followed a White House-driven effort to launch an emergency PJM power auction linked to data-center demand.
- Next catalyst: GE Vernova is set to release results Jan. 28 before the open.
GE Vernova Inc. shares closed Friday up 6.1% at $681.55. Investors are heading into Tuesday’s reopen with the stock closely tied to Washington’s latest moves on power supply. 1
The rally came after the White House urged PJM Interconnection, the largest U.S. electric grid, to hold an emergency power auction amid surging electricity demand from data centers outpacing new generation capacity. The administration also pushed for a “bring your own generation” model, requiring data centers to cover the costs of new power built for them, regardless of actual usage. 2
PJM followed up with its own plan, demanding that new large power consumers either provide their own generation or join a “connect and manage” scheme. That could lead to earlier curtailment—basically, being the first to get cut during tight supply. The grid operator said it will submit proposals to the Federal Energy Regulatory Commission, the U.S. agency that regulates interstate power markets. 3
“This decision focuses on how PJM integrates large new loads while maintaining reliability,” PJM Board Chair and interim CEO David Mills said in a statement. 4
GE Vernova, the arm that sells gas turbines and grid gear, sees a clear takeaway: ramped-up urgency on new power generation and hookups could boost orders. Still, the devil’s in the details, and Friday’s reaction carried that familiar “policy headline first, numbers later” vibe.
The stock fluctuated between $663 and $692.50 on Friday, with roughly 5.0 million shares changing hands. 5
Other stocks linked to the same theme moved in the opposite direction during the day, highlighting the ongoing tug-of-war between backing new plant construction and relying on current supply. 6
Now it’s down to paperwork and process. PJM’s board has been sorting through options to manage large-load growth, hashing out issues from interconnection queues to curtailment rules and cost allocation. 7
GE Vernova is gearing up for its next big moment. The company will release its fourth-quarter and full-year 2025 results on Wednesday, Jan. 28, ahead of the market open. Management plans to hold a webcast at 7:30 a.m. ET. 8
Investors are focused on how the company characterizes near-term turbine demand linked to data centers and whether policy-driven auctions or state-backed fast tracks will translate into actual orders or just hype. Cash conversion and delivery schedules usually have a bigger impact than the headlines.
The risk is obvious. The White House plan and state deal must still pass PJM’s process and federal review. Any combination of price caps, curtailment rules, or legal disputes could shift incentives for tech customers and generators alike. 9
U.S. stock markets reopened Tuesday following the Martin Luther King Jr. Day holiday, eyeing GE Vernova’s earnings report due January 28 as the next major checkpoint. 10
