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.
Dow jumps as S&P 500 hits a record high. Trump pushes for rate cuts and cheaper oil, while rising jobless claims hint at economic softening.
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 GE energy spinoff recently boosted multiyear outlook. Trump's impact on wind unit is being watched. Quantum computing is fast becoming the next big opportunity in the artificial intelligence (AI) landscape.
Shares of GE Aerospace surged in premarket trading Thursday after the company reported fourth-quarter results far above analysts' estimates.
General Electric (NYSE: GE) Q4 2024 Earnings Call Jan 23, 2025, 7:30 a.m. ET
GE Aerospace (GE) is set to announce Q4 earnings, with analysts focused on engine deliveries, margins, and aftermarket growth outlook.
GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 loss; EA cuts 2025 net bookings guidance.
GE Aerospace reports 16% revenue growth in Q4 2024, exceeding analyst consensus. Plans for share repurchase and dividend increase.
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.
Jensen Huang declared it is now the "ChatGPT moment for robotics," as Nvidia intensifies its development of robotics technology to build a comprehensive robotics ecosystem. Nvidia unveiled its generative world model platform,