GE Vernova stock jumps as PJM emergency auction plan puts data-center power in focus
GE Vernova shares rose 5.6% to $678.21 Friday after the White House backed an emergency PJM auction plan to boost power capacity for data centers. The proposal would cap prices and shift more grid costs to tech firms. PJM did not attend the White House event. GE Vernova reports earnings Jan. 28.