GE Stock Recent News
GE LATEST HEADLINES
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.
Stephanie Link, CIO at Hightower, joins CNBC's 'Halftime Report' to discuss the upcoming breakups of GE and 3M.
The energetic host of ‘Mad Money' and former hedge fund manager, Jim Cramer, has become something of a meme in recent years, particularly among the investors congregating on Elon Musk's social media platform, X.
Trading in General Electric's power-generation spinoff began this week. The spinoff itself takes place on April 2.
The final split-up happens soon, and it could create two profitable stand-alone companies.