Why did GE Vernova's stock fall despite raising its full-year revenue outlook?

GE Vernova's shares fell as much as 6.2% because investors had extremely high expectations fueled by the AI data center boom, and the company's $1 billion revenue outlook increase — while positive — was seen as 'relatively modest', especially since it left its adjusted EBITDA margin forecast unchanged; analysts noted that 'expectations are too high for the industry', and the market reacted negatively even to ostensibly bullish numbers.

What is GE Vernova's current strategy for its wind business, and why?

GE Vernova will stop bidding on new offshore wind projects and instead focus on servicing existing ones and pursuing onshore wind opportunities; CEO Scott Strazik stated the company is 'controlling what we can control' and positioning itself for a future market inflection point, citing worsening financial performance in wind — where the adjusted EBITDA loss widened to $275 million from $165 million year-over-year due to lower onshore equipment volumes and higher offshore project costs.

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