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GE Vernova rises after Saudi-US investment deal

ReutersMay 13, 2025 2:32 PM

Shares of U.S. power equipment maker GE Vernova GEV.N up about 3% at $428.69

President Donald Trump says the U.S. has secured a $600 billion investment commitment from Saudi Arabia

The investment plan includes major exports of GE Vernova's gas turbines and energy solutions totaling $14.2 billion

Including session's moves, GEV up 31.3% YTD

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