VERIFIEDET Stocks·16 Sept 2026negative

GE Vernova, CG Power, other power capex stocks tumble up to 16% in 2 days amid global AI caution. What's ahead?

AI Summary

·GE Vernova T&D India, CG Power, Hitachi Energy, and TD Power Systems stocks declined up to 16% in two days.
·The decline occurred amid increasing caution surrounding global AI development.
·These stocks had previously experienced significant rallies in 2026 due to anticipated increased power demand from India's data center expansion.