GE Vernova (GEV) Stock: Weekend Hold Near $663 as “Bridge Power” Demand From AI Data Centers Keeps Bull Case Alive
GE Vernova shares closed Friday at $663.46, down 0.6%. A new Financial Times report says data center developers are increasingly using on-site aeroderivative turbines to bypass grid delays, boosting demand for GE Vernova’s equipment. Orders for its turbines rose about one-third in the first three quarters of 2025. The company is supplying turbines for a Texas project tied to OpenAI, Oracle, and SoftBank.