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U.S. stocks traded in split fashion by midday Wednesday, with a resilient Dow and S&P 500 masking softer breadth as rising oil prices and fresh tariffs kept a lid on risk appetite ahead of the first “Magnificent Seven” earnings of the season. Oil prices climbed as the U.S. carried out its 11th consecutive night of stri
GE Vernova Inc. (NYSE: GEV ) stock fell Wednesday after the company reported mixed second-quarter 2026 results, with revenue beating expectations but earnings falling short. Diluted EPS of $2.47 missed the $3.13 analyst estimate. Revenue rose 22% year over year to $11.104 billion, topping the $10.734 billion estimate.
GE VERNOVA: IMPLEMENTING ACTIONS TO PRODUCE 30 GW OF ANNUAL GAS TURBINE OUTPUT IN 2030 ||REMAIN ON TRACK TO DELIVER 20 GW OF ANNUAL GAS TURBINE OUTPUT IN Q3 2026 & 24 GW IN 2028
GEV GE VERNOVA Q2 EPS $2.47 || Q2 ORDERS OF $24.2 BLN || Q2 REV $11.10 BLN VS IBES ESTIMATE $10.73 BLN || EXPECT TO HAVE AT LEAST 125 GW OF GAS EQUIPMENT UNDER CONTRACT BY YEAR-END 2026 || OUTLOOK FY REVENUE $45.5 BLN - $46.5 BLN VS IBES ESTIMATE $45.45 BLN || OUTLOOK FY FREE CASH FLOW $11.5 BLN - $12.5 BLN