GE Aerospace on Thursday forecast a stronger profit for the year after its fourth-quarter earnings exceeded Wall Street estimates as strong travel demand amid persistent shortages of new aircraft bolstered sales of its high-margin parts and services.
The benchmark S&P 500 rose to a record closing high on Thursday, as investors assessed a mixed bag of corporate earnings and digested comments from President Donald Trump, including a call for cuts in interest rates and oil prices.
U.S. stock index futures showed mixed trends, with Dow E-minis slightly up while S&P 500 and Nasdaq 100 E-minis were down. Investors focused on GE Aerospace's positive 2025 profit forecast and American Airlines' negative outlook.
Electronic Arts tumbles after cutting guidance because of underperformance in its soccer game titles, while Arm Holdings and Nvidia give back gains following sharp moves higher after the announcement of the Stargate AI initiative.
GE Aerospace shares are trading higher by 1.6% during Tuesday's session. Shares are rising following the release of softer-than-expected producer inflation data for December. GE Aerospace GE ...
GE Aerospace is significantly overvalued, with a trailing P/E ratio of 40x and stretched fundamental comparisons vs. peers. Overly optimistic Wall Street growth forecasts and potential economic ...
In a report released yesterday, Ronald Epstein from Bank of America Securities maintained a Buy rating on GE Aerospace (GE – Research Report),
The Dow Jones index rose but other indexes lagged in the stock market today. Yield rose as investors awaited Trump's Davos address.
I’ll be the first to acknowledge the counter arguments. There are areas where the Trump presidency is bound to slow things down. Companies will be less likely to invest in nascent sectors that rely on supportive government dollars or policy, meaning that technologies like hydrogen and biofuels may take a hit.
GE Aeropsace’s GE revenue grew 9% in 2024, led by 15% growth in commercial engine manufacturing sales as demand remained high for the Leap engine, which powers most Airbus A320s. Overall operating profit exceeded $8 billion, with adjusted operating margin expanding to 23%.
The World Economic Forum's annual gathering of elites in Davos has ended with many business leaders, world-class academics, top government officials and other elites casting an upbeat tone about economic prospects,