How GE spinoff Vernova rode the AI trade to the top of the stock market
General Electric could not have chosen a better moment to launch its energy businesses as an independent company, CEO Scott Strazik said one month before GE Vernova debuted on the New York Stock Exchange. “Now that’s a big statement,” Strazik acknowledged at GE Vernova’s first investors’ day in March 2024. But he pointed to forecasts…