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GE Vernova Vs. GE Healthcare: Betting On Power Or Medical Tech To Lead AI-Powered Future?

Benzinga LogoBenzinga1w ago

GE Vernova Vs. GE Healthcare: Betting On Power Or Medical Tech To Lead AI-Powered Future? - Benzinga

Quick Summary:

With GE Vernova gaining significant traction in the electric power sector and GE Healthcare making strides in AI-assisted medical tech, let's break down which stock is charged up for third quarter gains.

Deutsche Bank backs Vernova, setting a lofty $354 price target, banking on the company's dominant position in power generation and its ability to modernize grids for ...

Two of GE’s high-profile spin-offs, GE Vernova Inc (NYSE:GEV) and GE Healthcare Technologies Inc (NASDAQ:GEHC), are preparing to report their third-quarter earnings, but one seems better positioned for the AI-powered future.

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Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 14:09:04 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 542 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23202663

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Official Website: benzinga.com

Update Frequency: 27 posts per day

Year Established: 2010

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News Last Updated: 8 hours ago

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Publisher ID: #53

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