GE Vernova reported strong first-quarter earnings and maintained its full-year revenue forecast despite anticipating tariff costs of up to $400 million. The company highlighted an increased backlog of orders for gas turbines amid rising global electricity demand. For the second quarter, GE Vernova expects continued year-over-year revenue growth and adjusted EBITDA margin expansion, along with positive free cash flow generation. The stock rose 8% following the earnings beat. Separately, Avery Dennison reported a first-quarter adjusted EPS of $2.30, slightly below the $2.32 estimate, with net sales of $2.15 billion in line with expectations. Avery Dennison's CEO, Deon Stander, described the quarter as strong and in line with expectations. The company anticipates second-quarter adjusted EPS between $2.30 and $2.50, with sales growth in most businesses offset by a mid-single-digit decline in apparel. Additionally, Duke Energy partnered with GE Vernova to procure up to 11 American-produced GE Vernova natural gas turbines.