GE Vernova ($GEV) podcast mentions
Hear more from Bloomberg senior strategist Neil Kampling on the Bloomberg Daybreak US Edition podcast. Anthropic's point man in Washington held a virtual call yesterday with Commerce Secretary Howard Lutnick and Emile Michael, the chief technology officer at the Pentagon. Michael told CNBC this morning that AI firms aren't investing enough in safety and should do independent auditing. Politico reports about 100 House Democrats Democrats signed a letter asking Speaker Mike Johnson to keep Congress in session so they can pass an AI bill. This morning, House Republican leaders canceled the last votes of the week, allowing lawmakers to return to their districts starting tonight ahead of midterm elections. Another U.S. oil deal may be on the way in Venezuela. A source tells Bloomberg billionaire shale pioneer Harold Hamm's Continental Resources is set to announce an investment agreement at the G20 Energy Ministers Summit in Houston. The Trump administration is pushing American companies to revive Venezuela's oil sector. Chevron and GE Vernova announced deals of their own earlier this month.
Nathan Hager · Bloomberg News Now · Microsoft AI Head's Warning, Harold Hamm's Venezuela Deal, More · 2026-09-16Checking Chevron shares right now, they are down more than 2.5%. GE Vernova is on the rise though, it is up nearly 5%. In the Middle East, a U.S.-contracted ship was reportedly struck in an Iranian drone and missile attack earlier this week near the Strait of Hormuz. That's according to a Fox News report that says U.S. personnel were on board and there were minor injuries. This morning, Iran-backed Houthi militants claimed an attack on a Saudi Aramco facility in the Red Sea port city of Yanbu. While Well, back in Washington, the House has voted for a third time for President Trump to end the war as rising diesel prices threaten to hit key battleground states. Bloomberg's Bill Faries has more from Washington.
Nathan Hager · Bloomberg News Now · Microsoft AI Head's Warning, Harold Hamm's Venezuela Deal, More · 2026-09-16Well, David, Sarah, and Carl, the slowdown and how that could manifest for chips, that is really front and center this morning. And the note that's getting a lot of attention is the one from Morgan Stanley. Analysts there believe that slowing Frontier AI Labs actually won't lead to semiconductor orders declining. They're pointing to the quote from Anthropic CEO Dario Amadei, who says pacing AI does not mean halting model training yet. The market still thinks it will with NVIDIA, the entire semi sector trading down today, off by 20% from their recent high. The larger concern is that a slowdown will lead to a delay in data center. The timeline there, higher inventory of GPUs ultimately increasing the cost of the buildout. Now that's actually playing out with the Neo Clouds. Reminder that Oracle just reported earnings and when asked about the pipeline, executives there did not see any impact. GE Vernova CEO Scott Strazik will need to address similar concerns when he speaks at the industrial conference on Wednesday from Morgan Stanley. That company, along with Caterpillar, Vertiv, Eaton, all of these that are tied to the AI CapEx boom, you can see are trading down at this hour. We spoke to two bankers who are expecting more debt sales in the coming 6 to 8 weeks from the hyperscalers. Case in point, Amazon just raised another $6 billion in debt last week, testing the European market, which Google did as well a couple of months ago. The expectation, guys, is that the rush to secure more debt is motivated in part by politics. Yes, but also the speed at which Treasury yields have risen. Now, you guys talked a lot about some of the names that are up today, the potential beneficiaries of an AI slowdown. Worth noting, software, the IGV up about 3% right now. Salesforce ahead of the Dreamforce conference kicking off. And Palantir. Remember, this is a company that saw a 150 50% increase in its commercial business. It works with companies to build their own AI-native solutions. If their Frontier Labs are slowing down, this is seen as one of the bright spots, one of the beneficiaries.
Sima Modi · Squawk on the Street · 10AM Hour: AI Leaders Call for Slowdown, President’s Trump’s Response, CEO of the AI Chip Firm Challenging Nvidia 9/14/26 · 2026-09-14The market's getting it from both sides, which is to say, you know, higher rates, higher oil. That has normally meant the market attempts to take shelter in big tech, especially the AI trade, and vice versa. When you've actually had a little bit of relief on oil and rates, you've had the broader tape been able to kind of absorb things. Here you see AIPO is the AI power and infrastructure ETF. It's basically the industrials that are levered to the AI trade and it's been pretty rough. It's going to open down a lot. This is like Vertiv, Eaton, GE Vernova, got it. All of those stocks constantly talk about— CAT is probably in there as well and not in one of the top. But I just think it's key because that to me has been, first of all, an expensive group, but the one that is most dependent on the out-years build out, right? 3, 4, 5 years from now because they're sold out today for whatever they make. So I do think that's where you're going to see some of the sensitivity. All those stocks are indicated much lower. I don't know if we should— you guys have been talking about it. You can't draw a super broad drawn, you know, certain conclusions about what this is going to mean. But whatever conviction level and enthusiasm you had on Friday for the durability and the force of the AI hardware buildout, it's got to be a little bit lower today. I don't think slowing down is a bad thing. In fact, I would have expected the bond market to get a little relief on this idea. They won't have to raise as much. Problem is oil's up $3 and that's not allowing the bond market to relax. Mike, stick around. Let's get the opening bell this morning at the big board on Wall Street today.
Mike Santoli · Squawk on the Street · 9AM HOUR: AI Leaders Call For Slowdown, Chips Slide, OpenAI's Altman Rules Out 2026 IPO 9/14/26 · 2026-09-14My mission is simple: to make you money. I'm here to level the playing field for all investors. There's always a bull market somewhere, and I promise to help you find it. Mad Money starts now. Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer Argyle. Do you want friends? I'm just trying to make a little bit of money. My job is not just entertain, but to educate and do some teaching. So call me 1-800-743-CNBC or tweet me @JimCramer. Thank heavens oil went down today. It changed everything, as is this one, keeping a lid on Treasury yields, which then triggered a rally of solid proportions in the stock market. In a tech-led move, the Dow gained 509 points, S&P climbed 0.86%. Nasdaq jumped 0.96%. I'll tell you what, it was a true throwback day. Funnily enough, the tech rally had little to do with some things that confused me and a lot to do with positive statements by Adobe and Oracle, even as their stocks themselves weren't participating that much. Adobe, a fallen angel, represents enterprise software, and Oracle, once a database company and now a data center builder, represents artificial intelligence. The fact that Adobe showed some growth, any growth, and Oracle was able to raise $20 billion in what's known as an at-the-market equity offering showed that they can live to play again. Both gave conservative forecasts. That's okay. Neither of these companies about to be crushed anytime soon, though. That's what matters. I'll give you the lowdown on Oracle later in the show. But as I said on the morning show, I thought that Adobe, which was down badly, would actually finish up. And it did, gaining 1.3%. I think Adobe is a candidate for a short squeeze. And who else gets to live to play again because of those two? How about all the enterprise software and hardware players dedicated to the data center that have been performing so poorly of late? Companies like Dell, like Vertiv, Cisco, Marvell, GE Vernova, Hewlett-Packard Enterprise, all beneficiaries of hyperscaler largesse, not to mention the stocks of the hyperscalers themselves. Meta, Amazon, Alphabet, and Microsoft, all of which finished in the black. I'd add Apple, but it's— Apple's is very much its own world. Luckily, in a great world to be in, as demand for this new Duo foldable iPhone could be off the charts.
Jim Cramer · Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 9/11/26 · 2026-09-11So with AI right now, we have like sort of a long-term investing— it's not a plan 'cause it's not as detailed as a plan, but it's certainly an overarching strategy of understanding the sequence in which things will happen in a build-out like this. And we understood 2.5, 3 years ago that yes, semiconductors, NVIDIA was going to lead, but the AI data center was going to be a center of focus. And so we invested in not only semiconductors that were leading it, but also the providers of data center technology. And also, for example, even things like liquid cooling into data centers. So companies like Vertiv, and frankly, even outside of tech in energy stocks that we knew would be supplying electricity, companies like Talon and GE Vernova. The identification of a company like Nibius is, is really, uh, something you have to be a fundamental investor. 'Cause the first question is we had the plan, we say, okay, data centers are gonna grow. Um, we confirmed with cloud providers that the need for data centers and that AI data centers are not like other data centers. They're gonna be architected differently. Then we just did the very basic research of saying, okay, who are all the data center providers in the world? Big or small, we didn't care. We went across the whole landscape globally. Then we said, okay, which ones seem best prepared for AI data center computing. We have the resources, they have some experience. And actually, when we first saw Nebius, we're a very small company, but we were like, wow, these guys are way ahead of the curve. Now, part of the reason they were undiscovered is that the company's stock trades in the Netherlands and the company is based there. And actually, they came out of a former Russian internet company called Yandex. And so they weren't on the, if you will, the US radar screen. And I would say, you know, buried there in Europe was this small cap company with a lot of AI experience and a lot of internet experience. And so we, you know, we, we, we narrowed it down to that and other lists, and then we met with the company, built our models, understood other value.
Dan Chung · Animal Spirits Podcast · Talk Your Book: AI Winners & Losers · 2026-09-07That decline is because the market perceives an overreliance on OpenAI. Imagine what the market would do to Oracle stock if OpenAI fails. The ramifications of an OpenAI failure extend far beyond just Oracle. Remember I said that AI CapEx accounts for 50% of US GDP growth. While the other hyperscalers are not quite as dependent on Anthropic and OpenAI as Oracle, they are dependent enough. If OpenAI failed, the hyperscalers, I am sure, would cut back on their CapEx. So I'm starting to think that the demise of OpenAI could push the US into an almost immediate recession. So what would happen to particular stocks and sectors? Well, first, the hyperscalers would go down. A failure of OpenAI would mean they would pull back on CapEx. Cloud revenue growth would slow. And these stocks— Amazon, Google, Microsoft, and Oracle— NVIDIA, I'm sure, as well— would all correct. Also, the whole tech sector would correct, but the ramifications valuations are even much broader than just that. Investment banks and large banks. These stocks are at peak valuations. Also, the investment banking cycle is super strong right now, partially because of the financing needs of AI. Should those needs lessen, the investment banking cycle would weaken and these stocks would correct from their peak valuations. Industrials. There is a subset of industrial companies that are major beneficiaries of AI. They are in the power space like GE Vernova and Quanta, or they are in the electrification or automation spaces like Eaton and Rockwell. These stocks will decline as well. So what will do well? This is not a stock picking question, but a reallocation question. Investors will reallocate to safety sectors and subsectors. In the safety sector category, think about healthcare and consumer staples. I'd also point out that within almost every sector there exists safety subsectors. For example, within financials, the property and casualty sector is considered the safety subsector. Since we are talking about capital reallocation and not stock picking, let me flag 3 safety ETFs. One, LVHD, the Franklin US Low Volatility High Dividend Index ETF. SPLV, the Invesco S&P 500 Low Volatility ETF. And finally, the KBWP, which is the Invesco KBW Property and Casualty Insurance ETF. It's still early, and I want to emphasize that I am not making a major call. Not yet. I'm just preparing.
Steve Eisman · The Real Eisman Playbook · Is OpenAI the Achilles’ Heel of the US Economy? | The Weekly Wrap · 2026-09-04We looked into whether India, specifically the Indian stock market, is a smart bet this year, and then really dove into the juxtaposition of record forex reserves and a growth gap that we've seen— been seeing for quite some time. We also answered a listener question on ticker GEV, which is GE Vernova Inc. If you happen to miss yesterday's episode, I encourage you to check it out to hear all about India and GEV. Remember, the best way to never miss an episode of Invest Talk is to subscribe wherever you get your podcasts. Now on to today, because we have a packed show for you yet again. My main focus point is about the Fed, quote, rate hike September 2026. Is this warning that we saw last Friday, uh, in Jackson Hole. Bit of a game changer for the movement in rates. As I mentioned previously on a previous show, Federal Reserve Chair Kevin Warsh rocked markets at Jackson Hole by declaring that inflation is not slowing and reaffirming a commitment to hitting the 2% target. So we'll dive into that, what it means for stocks, what it means for bonds, and what it means for your wallets. We also have a couple other stories to bring you today, including one on the trade deficit, which has widened despite 18 months of aggressive tariffs, uh, another on corn contracts and food inflation. Should we have time at the end of the show, we'll talk a little bit about the 23-hour trading day and what it might mean for you. We also have some voicemail calls ready to play, including one on alternatives to money market accounts and HDFC Bank Limited. Also some questions that came in from the comment section of the InvestTalk YouTube channel, and hopefully we hear from some of you live throughout the show. We're headed into a break. It is a quick one. Please remember, you can call anytime and leave your questions on the InvestTalk voicemail. If you're listening via our live stream or on AM 1220 in the Bay Area, Give me a call now at 888-99-CHART.
Luke Guerrero · InvestTalk · Fed Rate Hike September 2026: Is Warsh's Inflation Warning a Game-Changer? · 2026-09-04Hey Jim, thank you for taking this call. My pleasure, Awesome. So I'm talking about NuScale, and last year it would seem every day they would reach a new high. I want to know what you think has changed and where you think people recognize— I think what's happened is people recognize that it's a lot harder to build a nuclear power plant, whether it be big or small or modular, it doesn't matter. It's just really, really hard. That's why we own GE Vernova for the trust, because at least got some nuclear and I don't feel like the things we get get too out of control. That's the problem. Let's go to John in Florida.
Jim Cramer · Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 9/3/26 · 2026-09-03I think that the demand for stuff is really powerful. And the companies that are in the race to do these things will do the right thing. I mean, Mike Worth is in a project— thank you, RBN— is in a project, a gigantic project in the Permian that's working with GE Vernova. And it's a long-term product project. It's going to be a 4-year project to be able to get Permian gas into electricity for a giant Microsoft plant. And these are 4 and 5 and 6-year projects and they are not going to be— they're not going to be inflected. I love that term. Something— it's either, you know, Lisa said yesterday, Jim, it's foundational. I said, I have no idea what you mean, but that sounds really scary. I know I am saying as a fact that you are going to see more orders and more business in the data center regardless, because it's too powerful a long-term theme. And it isn't like, you know, let's say all the people who are on the scene right now in 2032, are they going to be able to fight it when Wouldn't— at that point, Dina Powell McCormick is building junior colleges next to every single data center that Meta does, because that's what's going to happen in this country. These companies are going to hear it and they're going to say, you know what, we've got unions and we're going to train people and we're going to have schools right next to it. And they're going to do this. It's going to be led by Meta because she is a humanity— I'm not kidding— is what Dina Powell McCormick— everyone knows she's She's, she's an icon. She's iconic. And, and that's what's going to happen. So anybody who's really fretting this story and I don't know, Steve Bannon, I always wish him well, that anyone who's spreading this story is going to realize that it's just too powerful and the data center companies will find a way to make it so you don't pay electric bill and you get a lot of money. And that's what's good.
Jim Cramer · Squawk on the Street · 9AM HOUR: Nvidia Buys Hugging Face, Broadcom Falls While Snowflake Soars, Diesel and Pain at the Pump 9/3/26 · 2026-09-03So yeah, now you're making it worse. In fact, I was, you know, talking to someone from, uh, uh, GE Vernova yesterday, and he was talking about for this gigawatt data center, they're having to build 2.6 gigawatts of capacity, cross-generation and batteries and everything else. And so when you think about that, you're like, you're buying lots of extra stuff that you wouldn't have to buy if you're connecting the grid. So I don't think that if, if that's what people mean when they say bring your own capacity, I don't think that actually helps the problem. Um, I also wonder like if people don't want a data center next door, Do they really want a data center plus a power plant next door? That also seems like not the right solution. Like, I think that's worse than data centers connected to the grid. So I do get concerned when I hear about these proposals because I think it, it is very— well, again, I don't know exactly what they mean, but my assumption is they mean something that actually is worse than, than, you know, the right way to solve this problem. So it does create a lot of uncertainty in what does it mean for like how people people are now going to go pursue projects, um, as a result.
Brian Janus · Catalyst with Shayle Kann · What comes after the data center backlash? · 2026-09-03And should we have time at the end of the show, we'll touch on the jobs market and how healthcare is doing relative to every other sector being negative. We also have some voicemail calls ready to play, including one on investing at KPP Financial. Should be an interesting one. And another at about GEV, that is GE Vernova Inc. as well as some questions that came in from the comments section of the Invest Talk YouTube channel. We're headed into a break. It is a quick one. Please remember, you can call anytime and leave your questions on the Invest Talk voicemail. And if you're listening via our livestream or on AM 1220 in the Bay Area, you can pick up that phone and dial 888-99-CHARTS to ask your question live. When we come back, we'll talk about today's market activity.
Luke Guerrero · InvestTalk · Is the India Stock Market a Smart Bet in 2026? Record Forex Reserves vs. the Growth Gap · 2026-09-03Yeah. You think it's a little coordinated counter— counter messaging? Yeah. They were enjoying their oligopoly. Yeah, maybe. "By doing in-house casting at SpaceX, we can accelerate natural gas turbines coming online by up to 18 months, which is a profound game changer," he wrote in his post responding to a report from The Information. Interesting. In mid-August, Morgan Stanley published a report saying that SpaceX was planning such a foundry in Bastrop, Texas, based on the company's job postings. Shares of Howmet Aerospace fell more than 7% Monday before partially rebounding on Tuesday. Howmett and Berkshire Hathaway's Precision Castparts are the two biggest players in the market for these parts, which also include blades and vanes for the aerospace and defense sectors. Smaller players, DPC's shares were also hit. It is premature to scout— to count SpaceX as a threat, the Wall Street Journal says, but shares of Howmett Aerospace and DPC might have been due for a breather. They are among the priciest artificial intelligence picks and shovels plays at 42 times and 45 times forward earnings respectively. Turbine makers GE, Vernova, and Caterpillar fetch 33 times and 26 times earnings for perspective. And there's a nice chart there to show you the price to earnings, price to forward earnings ratios for some of the AI bottleneck plays. And the blade and vane manufacturers are up in the upper echelon. DPC is the most vulnerable to disruption in this space. It is small and about 40% of the revenue comes from natural gas-fired turbines. While Howmett holds about half the global market share of components used in natural gas turbines, it is diversified across aerospace and defense with only 11% coming from gas turbines. SpaceX will face barriers to entry. One reason there are so few companies in the sector is that it's technically challenging to make the blades which must withstand extreme temperatures and rapid rotations. That feels like SpaceX's bread and butter, though. The casting process makes a— involves making a new wax mold from scratch each time. Making these parts requires the blade to be grown in a vacuum furnace as a single crystal of nickel superalloy, according to Nigel Cheung, an analyst at SemiAnalysis. SemiAnalysis getting a shout out in the Wall Street Journal. Even a stray grain or hairline defect means the part has to be scrapped, he added.
John Coogan · TBPN · Another AI Safety Kerfuffle, Markiplier’s Stake in GoPro, SpaceX Getting Into Turbines | Diet TBPN · 2026-09-02Yeah, maybe. By doing in-house casting at SpaceX, we can accelerate natural gas turbines coming online by up to 18 months, which is a profound game changer, he wrote in his post responding to a report from The Information. Interesting. Wasn't Sarah Guo mentioning on the Investing the Best podcast that a lot of the— or she was talking to a hyperscaler CEO or someone who was in a place to know that was saying like the bottleneck is real. It's very real. And there's nothing in the short term that's going to come online that will alleviate power generation. So that is where the real bottleneck is, at least in the short term. So in mid-August, Morgan Stanley published a report saying that SpaceX was planning such a foundry in Bastrop, Texas, based on the company's job postings. Shares of Howmet Aerospace fell more than 7% Monday before partially rebounding on Tuesday. Howmet and Berkshire Hathaway's Precision Cast Parts are the two biggest players in the market for these parts, which also include blades, which also include blades and vanes for the aerospace and defense sectors. Smaller players, DPC's shares were also hit. It is premature to scout to count SpaceX as a threat, the Wall Street Journal says. that shares of Helmet Aerospace and DPC might have been due for a breather. They are among the priciest artificial intelligence picks-and-shovels plays at 42 times and 45 times forward earnings respectively. Turbine makers GE Vernova and Caterpillar fetch 33 times and 26 times earnings for perspective. And there's a nice chart there to show you the price-to-earnings price-to-forward earnings ratios for some of the AI bottleneck plays and the blade and vane manufacturers are up in the upper echelon. DPC is the most vulnerable to disruption in this space. It is small and about 40% of the revenue comes from natural gas-fired turbines. While Howmett holds about half the global market share of components used in natural gas turbines, it is diversified across across aerospace and defense, with only 11% coming from gas turbines. SpaceX will face barriers to entry. One reason there are so few companies in the sector is that it's technically challenging to make the blades, which must withstand extreme temperatures and rapid rotations. That feels like SpaceX's bread and butter, though.
John Coogan · TBPN · Yapping in Neuralese, GoPro v2, Jimmy Iovine in the Ultradome | Nikesh Arora & Andrei Serban, Kurt Tenenbaum, Philip Johnston · 2026-09-02