🟢 GE Vernova is trading 3.03% up in pre-market after announcing HVDC joint venture with LS Electric

GE Vernova is trading 3.03% up at $982.00 after announcing a joint venture with LS Electric focused on voltage-sourced converter HVDC technology for South Korea’s next-generation power grid.

• The agreement was announced on August 26, 2026, at CIGRE Paris 2026 and supports renewable-energy transmission projects.
• Nasdaq Composite futures are up 1.09%, with stronger technology-sector sentiment following Nvidia’s earnings beat.
• The partnership appears to be the primary catalyst, while broader market strength provides additional support.