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With earnings season now in full swing, investors and analysts are carefully monitoring the results, particularly on high-flying tech and artificial intelligence stocks trading at rich valuations and after the emergence of DeepSeek, which rocked the sector.
GE Aerospace's strong 4Q24 earnings and robust demand in the aviation industry suggest a promising 2025, with anticipated double-digit profit growth. Pro-business policies under the Trump Administration and solid U.S. economic growth could further bolster GE Aerospace's financial performance. The company forecasts $6.3-6.8 billion in free cash flow and $6.37 per share in profits for 2025, reflecting an 18% YoY increase.
There are plenty of metrics that GE Aerospace (GE -0.97%) investors should keep an eye on in 2025, but the key one is the operating margin for its commercial engines and services (CES) segment.
The recent fourth-quarter 2024 earnings report from GE Aerospace (GE -0.97%) blew away expectations. Still, if you are thinking of buying or continuing to hold the stock, you are probably thinking about what the company will look like in a year, at least as much as now.
A lot has changed at General Electric, or what remains of the company, which is now known as GE Aerospace (GE 3.25%). In fact, 2024 was its first year after a dramatic company overhaul.
WEST PALM BEACH, Fla. , Jan. 29, 2025 /PRNewswire/ -- GE Aerospace (NYSE: GE) announced today the successful completion of initial ground runs for the T901 engine on a U.S. Army Black Hawk helicopter at Sikorsky's West Palm Beach facility.
Energy company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States that will be linked to data centers in order to support increased demand for electricity at these centers, particularly for the development of artificial intelligence.
Chevron chairman and CEO Mike Wirth and GE Vernova CEO Scott Strazik join 'Squawk on the Street' to discuss the new partnership alongside Engine No. 1 to power AI data centers and address the rising data center and hyperscaler energy demand needs, oil and energy production outlook under the new Trump administration, and more.
Energy major Chevron said on Tuesday it has signed an agreement with investment firm Engine No. 1 and GE Vernova to build natural gas-based power plants to run co-located data centers in the U.S.
Chevron and GE Vernova will team up with activist firm Engine No. 1 to provide natural gas solutions.