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118 days

GE Vernova CEO says current U.S. demand for electricity is the largest since the end of WWII

1. GE Vernova sees electric load growth as historic, akin to post-WWII boom. 2. CEO Strazik claims infrastructure buildout essential for economic growth and national security. 3. GE Vernova's quarterly results surpassed estimates, boosting shares by over 3%. 4. Gas turbine orders are sold out through 2026-2027, indicating strong demand. 5. Gas is deemed crucial for renewable energy integration and data center expansion.

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FAQ

Why Bullish?

Positive quarterly results and strong future orders reflect robust demand, similar to past infrastructural booms.

How important is it?

The article highlights growth potential and strategic positioning, which are vital for stock performance.

Why Long Term?

Sustained growth in electric load and infrastructure development will drive value over time, evident in historical trends.

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