GE Vernova

Jim Cramer said the AI trade is "currently broken" as the data center buildout becomes politicized and has started trimming AI-related positions, including a big cut in Broadcom. He flagged GE Vernova as a potential next trim because the company makes natural gas turbines used to provide off-grid power for data centers and sits at the center of the AI data-center supply argument. The comments came as broader markets softened and memory names, including Micron, weighed on the S&P 500 and Nasdaq. » More on cnbc.com

SHINE is subcontracting with GE Vernova on an ARPA‑E–funded project to develop the MAYER system, which is intended to track and measure nuclear material in reprocessing facilities in real time. SHINE provides sensor technology and AI-driven material tracking that feed data into a digital twin to improve safety and reduce operating costs and shutdowns. The project supports SHINE’s goal of building a commercial reprocessing plant using its REDUCE process and achieving a lower NRC safety category. » More on de.investing.com

Fitch has raised GE Vernova's long-term rating and senior unsecured rating from BBB+ to A- with a stable outlook. Key drivers are a rising EBITDA margin, strong free cash flow, strong market positions in energy infrastructure and the Prolec GE acquisition; gross EBITDA leverage remains low in Fitch’s view despite acquisition financing, and liquidity stands at over USD 13 billion. Fitch expects the EBITDA margin after the acquisition to rise to the mid-teens in the medium term (versus 6.4% in 2025). » More on de.investing.com