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GE Vernova: Iran conflict has minimal impact on the company's operations
GE Vernova CEO Scott Strazik stated during a call with analysts that the company continues to operate safely in regions within the Middle East. He added, “We are closely monitoring the situation, and so far, the impact on our business and financial performance has been minimal.” The company raised its full-year outlook, reflecting higher-than-expected revenue growth in its electrification business and further expansion of profit margins in the power and electrification segments. GE Vernova’s stock price rose 8% in pre-market trading.