GE Stock Recent News

LOUISVILLE, Ky.--(BUSINESS WIRE)--GE Appliances, a Haier company, unveiled its digital 2023 GE Appliances Report showcasing the company's new packaging guidelines, innovative products, environmental and community efforts, and its employees who are consistently making America's best appliances and helping the company achieve national rankings as one of the best places to work in the United States (U.S.). It also highlights the company's plan to evolve from a traditional appliance business to bec.

The transportation sector literally helps to drive the U.S. economy forward. According to the U.S. Department of Transportation, the transportation and warehouse sector made up of planes, trains and automobiles contributed $1.7 trillion to the economy in 2022 (latest statistics available).

GE Aerospace makes its profits on jet engines in the aftermarket, so Boeing's delivery delays could boost its bottom line in the near term. Airplane deliveries are likely to be pushed out.

GE Aerospace's (GE) first-quarter results are likely to benefit from strength across its businesses. High costs and expenses might have been spoilsports.

If you're wondering which stocks to buy in April, here's a good place to start. The stock market is off to a difficult start in the second quarter.

The U.S. housing market looks to be on shaky ground. Lofty mortgage rates have set a high bar for first-time buyers to enter the housing market, with many consumers finding it difficult to qualify for a mortgage as rates are currently near 7%.

General Electric Co (NYSE:GE) remains a premier aircraft engine manufacturer after its energy wing Vernova was spun off last week, Bank of America analysts have stated. Given a boom in demand for travel following the pandemic, analysts added the firm was entering a “goldilocks period” with “ample demand to capture”.

The US conglomerate General Electric, co-founded more than 130 years ago by Thomas Edison, is opening a new chapter in its history on Tuesday: its break-up into three independent entities which will then concentrate on their disparate core businesses.

General Electric (GE) will complete the changes it first announced in 2021 before markets open Tuesday, spinning off its energy-focused division from the aerospace division, with the entities becoming GE Vernova and GE Aerospace, respectively.

General Electric's split into GE Aerospace and GE Vernova finishes a three-way breakup of the conglomerate. The resulting companies offer investors better targeting in energy, health care and aviation.