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Can GE Vernova's Gas Turbines Make Up for a Collapsing Wind Business?

It's a red flag investors would rather not see waving, but most of them may not have put this shift in its proper perspective.

  • GE Vernova's wind business revenue dropped 11% to $2 billion in Q2.
  • Natural gas power turbines segment revenue grew 14% to $5.5 billion in Q2.
  • AI data centers drive demand for GE Vernova's gas turbines.

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