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GEV Stock Edges Higher Overnight: Growing Backlog Shows 'AI Data Centers Cannot Wait For The Grid,' Says Strategist
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GE Vernova (GEV) stock edged higher overnight.
Total backlog grew to over $176 billion in Q2.
Backlog increased 37% year-on-year.
A strategist linked the growth to AI data centers needing power.
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Rajeev Chandrasekhar / Jupiter Capital interests historically