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NVMI News17 articles
Fundrise Innovation Fund Soars 55% in NYSE Debut as Retail Flocks to Private AI
Fundrise Innovation Fund shares skyrocketed 54.5% to $117.70 in their second day of NYSE trading, valuing the fund at more than six times its March 2 net asset value. The closed-end fund provides retail access to private artificial intelligence companies.
GE Vernova Commits $200M to Vietnam Transformer Plant Amid Energy Push
GE Vernova will invest approximately $200 million to establish a large power transformer plant in Hai Phong, Vietnam, with full operations targeted for 2028. The move aligns with Vietnam's accelerated LNG and grid infrastructure development.
GE Vernova Secures Major Italian Wind Contract, Expands Grid Component Plant
GE Vernova has secured a contract to supply 17 onshore wind turbines for a project in southern Italy, with deliveries starting in 2027. Concurrently, the company is investing $30 million to expand its electrification component plant near Milan.
GE Vernova Gains on Italian Wind Deal and $30M Grid Plant Investment
GE Vernova's stock advanced following new Italian contracts for wind turbines and grid equipment, alongside a $30 million manufacturing expansion near Milan.
GE Vernova Shares Slide 5% Amid Broad Market Sell-Off
GE Vernova shares declined approximately 5% on Tuesday, underperforming a broader market downturn. The power equipment firm detailed a $30 million expansion in Italy and finalized the sale of its Proficy software unit.
GE Vernova Dips Amid Inflation, Fed Focus; Wind Project Risks Loom
GE Vernova stock declined slightly Friday as broader markets fell on higher-than-expected wholesale inflation. Investors are now focused on upcoming jobs data and Federal Reserve signals.
GE Vernova Shares Dip Ahead of Holiday, Wind Losses Offset Grid Demand
GE Vernova shares declined 1.77% to $802.13 on Friday, retreating from recent highs ahead of the Presidents Day market closure. The company balances robust orders for gas turbines and grid infrastructure with persistent challenges in its wind segment.
GE Vernova Shares Pull Back After Recent High, Wind Losses Weigh
GE Vernova shares declined nearly 2% Friday, retreating from a 52-week high. The company's wind business reported a significant EBITDA loss for 2025, with more losses projected.
NovaGold Shares Retreat After Sharp Rally as Donlin Feasibility Study Progresses
NovaGold Resources shares declined 1.4% in premarket trading following a 12.7% surge, with investor attention fixed on the Donlin Gold feasibility study and recent capital raises.
GE Vernova Surges on Long-Term Turbine Reservation Agreement
GE Vernova shares advanced over 4% after Maxim Power secured a 2030 delivery slot for a gas turbine, signaling strong future demand. Trading volume exceeded 2.7 million shares.
GE Vernova Shares Dip on Long-Term Turbine Reservation, Investors Eye Earnings
GE Vernova's stock declined slightly as Maxim Power secured a 2030 gas turbine slot, with attention turning to the company's upcoming quarterly earnings report.
GE Vernova Shares Reach Record High on Long-Term Turbine Reservation
GE Vernova's stock surged to a new peak after Maxim Power secured a 2030 manufacturing slot for a gas turbine, with analysts raising price targets amid a growing equipment backlog.
GE Vernova Shares Gain on Long-Term Turbine Reservation and UK Plant Upgrade
GE Vernova stock rose 3.6% after securing a turbine slot reservation for a 2030 delivery and completing an efficiency upgrade at a UK power plant, highlighting strong demand for long-cycle energy equipment.
GE Vernova Surges 5.6% as Energy Infrastructure Demand Fuels Rally
GE Vernova shares climbed to $779.35 amid a broader market rally, buoyed by new wind orders and a strategic alliance. Analysts highlight the early-stage energy infrastructure cycle but note wind segment risks.
Novartis Shares Approach 52-Week Peak Amid San Diego Research Expansion
Novartis stock neared a 52-week high after breaking ground on a major San Diego research center, while investors eye upcoming shareholder events and 2026 profit guidance.
GE Vernova Surges 5.6% on Wind Orders and Acquisition Close
GE Vernova shares climbed nearly 6% Friday following new U.S. wind repower orders and completion of a major transformer acquisition. Investors await key U.S. economic data next week.
Novartis Advances with Canadian Reimbursement and Major U.S. R&D Expansion
Novartis shares gained as the company secured a draft reimbursement nod in Canada for Kisqali and broke ground on a $23 billion U.S. research center. Investors eye upcoming dividend and annual meeting.