AI power stocks fall; GE Vernova, Vertiv, and Bloom Energy announce Q3 results
BE Bloom Energy Corp
$185.42 -4.36%
View chart & analysis → - 1GE Vernova, Vertiv, and Bloom Energy fell between 10% and 24% over the past week.
- 2GE Vernova recorded a record Q3 backlog of $197 billion.
- 3Vertiv achieved a 61% increase in Q3 revenue.
So what's the key point?
Stock prices for companies related to AI power fell by about 10% to 24% over the last week. GE Vernova received a massive amount of orders and Vertiv saw revenue grow by 61%, but their stock prices went down.
Source The Motley Fool +1 · View original ↗
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