GE Vernova's $197 Billion Backlog, $9 Billion Acquisition, and One Clear Strategy

GE Vernova reported staggering Q3 results with orders jumping 96% and backlog reaching $197 billion, driven by AI data center demand. The company announced a $9 billion acquisition of Trench Group to secure critical grid components and lock up supply chain bottlenecks for competitors. Management raised full-year guidance and doubled its stock buyback plan to $20 billion.