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GE Vernova Climbs 5% as CEO Sees Backlog Hitting $200B Early; Eaton and Quanta Services Edge Higher

Source: 247wallst.com

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GE Vernova Climbs 5% as CEO Sees Backlog Hitting $200B Early; Eaton and Quanta Services Edge Higher

GE Vernova shares rose Wednesday after CEO Scott Strazik said at a Morgan Stanley conference that the company’s backlog is on track to reach its next milestone earlier than investors had expected. The update signals stronger-than-anticipated demand visibility and could support improved expectations for future revenue growth.

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