GE Vernova Signs a New Partnership Deal: Buy, Hold or Sell the Stock?

GE Vernova Inc. (GEV) recently revealed that it has signed a new strategic partnership deal with Amazon Web Services (“AWS”) to support the latter’s data center expansion while addressing global energy demand, grid security and decarbonization. Under this agreement, GE Vernova will provide electrification solutions, including substation connectivity for AWS data centers, renewable energy collaboration and power generation equipment.This partnership strengthens GE Vernova’s market position by expanding its r ...