GE Vernova is trading at $908.12, up 3.43%, after third-quarter results beat expectations.
- October 29 results included $29.3 billion in orders and a $197 billion backlog.
- GE Vernova raised its 2026 revenue, adjusted EBITDA margin and free-cash-flow outlook, and doubled its share-repurchase authorization to $20 billion.
- It announced a $9 billion Trench Group acquisition to expand its high-voltage grid business. Broader U.S. indices were lower, not supportive of the gain.