GE Vernova slips after earnings miss despite strong power demand
What's new: Investors focused on a quarterly shortfall even as orders and demand trends pointed to continued strength in grid and power equipment.
Bloomberg, CNBC +1
What's new: Investors focused on a quarterly shortfall even as orders and demand trends pointed to continued strength in grid and power equipment.
Why it matters: The 20-year deal shows Microsoft turning to fossil fuel generation to meet round-the-clock AI power demand.