On June 10, GE Vernova fell 3.06% in regular trading, trading at $897.63/share, with trading volume of $258 million. The stock has been under sustained selling pressure since late May.

On the news front, CEO Scott Strazik expressed concerns at the Bernstein Annual Strategic Conference about the pace of AI data center project deployment, noting that an increasing number of U.S. states are pushing back against high-energy-consumption data centers. Some customers are facing delays due to power grid approvals and local policy hurdles, making it difficult for projects to transition from planning to actual construction. These remarks have triggered persistent market skepticism regarding the anticipated explosion in AI-driven power demand, putting broad pressure on gas turbine and grid equipment sectors.

Within the Heavy Electrical Equipment sector, the overall tone remained weak. Among individual stocks, Bloom Energy Corp down 2.66%, NuScale Power up 0.65%, X-Energy down 1.13%, Forgent Power Solutions down 0.72%, and NANO Nuclear Energy down 0.01%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)