logo
episode-header-image
May 14
26m 17s

GE Vernova tries to shake its parent’s p...

Financial Times
About this episode

Massive conglomerates used to define corporate best practice. Think about a company like General Electric, known as “the everything company”. But today, there’s a new popular model: de-conglomeration. The FT’s former US energy reporter Amanda Chu examines whether this is working for a power business that GE spun off last year – or if it’s just another Wall Street fad. 


Clips from BBC, Bloomberg, DW 


- - - - - - - - - - - - - - - - - - - - - - - - - - 

For further reading:

Rustbelt gamble: GE Vernova rides AI power boom into uncertain future

Is the US power grid ready to meet the demands of data centres?

Have America’s industrial giants forgotten what they are for?

- - - - - - - - - - - - - - - - - - - - - - - - - - 


Follow Amanda Chu on X (@amandalanchu). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more. 


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Up next
Aug 20
Palantir’s relentless rise
Palantir shares have soared this year, making the data analytics company one of the most valuable listed US tech groups. The FT’s Tabby Kinder explains how a paradigm shift in Silicon Valley helped propel Palantir to new heights and why many think it will be among the biggest win ... Show More
23m 29s
Aug 19
Why Big Tobacco is buzzing over nicotine pouches
This is a revised version of an earlier episode and clarifies the position of Zyn in the US market.As the popularity of cigarettes has slid in the past couple decades, Big Tobacco has been searching for a new hit product. Now, they think they’ve found it: nicotine pouches. FT rep ... Show More
20m 58s
Aug 6
Can Bobby Jain build the next hedge fund giant?
Two summers ago, hedge fund manager Bobby Jain set out with a huge goal: build a hedge fund that can rival the likes of industry giants Citadel and Millennium. But in the year since his firm started trading, Jain has found the going tough. FT hedge fund correspondents Amelia Poll ... Show More
22m 14s
Recommended Episodes
May 26
Behind the Money: GE Vernova tries to shake its parent’s problems
Today, we're bringing you an episode from our fellow FT podcast, Behind the Money. Massive conglomerates used to define corporate best practice. Think about a company like General Electric, known as “the everything company”. But today, there’s a new popular model: de-conglomerati ... Show More
26m 17s
Mar 2025
What is an economy of caution?
Today, we’re talking about one of Kai’s favorite topics: bonds! The yield on the 10-year Treasury note (the benchmark for mortgages and car loans) is down sharply, which is great for consumers. But it’s happening for not necessarily great reasons. We’ll explain. Plus, why Kimberl ... Show More
15m 52s
Nov 2024
AI Powers Three Mile Island’s Nuclear Plant Back to Life
Big tech companies are striking deals to bring more nuclear power online to meet the energy demands of AI while curbing surging carbon emissions tied to data centers. Now, one provider of nuclear power is looking to bring Pennsylvania’s Three Mile Island plant back to life, after ... Show More
13 m
Sep 2024
🐮🐷🐶 “The Squishy Doctrine” — Squishmallows vs. Build-A-Bear. Microsoft’s nuclear island. Nike’s biggest mistake.
Warren Buffett bought Squishmallow’s squishy toys… Now they’re suing Build-A-Bear. Microsoft is restarting Three Mile Island nuclear power plant… because AI is B.Y.O.E. (energy).Nike has a new CEO, but we’re looking at what the old CEO did wrong… Hoka just did it.Pizza Hut will h ... Show More
20m 55s
Jan 2025
Tech Stocks Tumble Sparked by China’s DeepSeek
P.M. Edition for Jan. 27. Some $1 trillion was erased from the U.S. stock market today as investors reacted to a cheaper, high-performing AI model from Chinese company DeepSeek. WSJ reporter Asa Fitch tells us what’s unique about the company and its technology. Plus, Journal mark ... Show More
13m 54s
Aug 5
Stocks Fall as US Services Flash Warning Signals
Watch Bloomberg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF.Stocks wiped out gains after data showed weakening US services amid sticky price pressures, raising concern about the Federal Reserve’s policy challenges. Short-dated Treasuries underperformed. Oi ... Show More
42m 50s
Jun 16
Inside the Effort to Reboot America’s Nuclear Energy Program
Since 2021, more than $2-billion of venture capital funds have been plowed into next-gen nuclear technology. WSJ tech and national security reporter Heather Somerville explains how AI growth, competition with China, and President Trump’s desire to dominate the field are ushering ... Show More
12m 57s
May 28
Robots
There’s a global race for robot supremacy. From Shanghai to Silicon Valley, companies are trying to develop humanoids that can take on physical work. China is emerging as a major player thanks to abundant government support. Host Carmel Crimmins talks to Brenda Goh, Reuters burea ... Show More
20m 10s
Jul 15
Nvidia to Resume AI Chip Sales to China
A.M. Edition for July 15. Nvidia says it’s received assurances it can sell its H20 AI chips in China, days after CEO Jensen Huang met President Trump. Beijing bureau chief Jonathan Cheng breaks down how the announcement could tie into broader U.S.-China trade talks. Plus, bank ea ... Show More
13m 31s
Jan 2025
Activist investors give Japan a wake-up call
The UK’s financial watchdog has failed to remove illegal crypto adverts, and in Japan, shareholder activists are waking companies up from decades of slumber. Plus, the number of active US venture capital firms has dropped by more than a quarter since 2021, and the FT’s Martin Wol ... Show More
12m 11s