Power capex stocks fall 16% on global AI caution

Power capex stocks fall 16% on global AI caution. GE Vernova and CGPOWER dropped up to 16% in two days amid investor concerns over global AI-driven market volatility. The selloff reflects risk-off sentiment impacting capital goods and infrastructure plays. Broader power sector stocks faced contagion despite no major company-specific triggers.
📊 STOCKS: $CGPOWER | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #PowerCapex