GE Vernova Drops 8.69% Overnight Despite Q2 Earnings Beat, Wind Division Struggles

GEV-8.42%
According to Yonhap Infomax, GE Vernova stock fell 8.69% to $985.03 on July 22 (local time) despite beating quarterly earnings expectations. Wind power new orders declined 40%, dragging overall results and disappointing investors despite strong AI-driven order momentum in the power generation segment.
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