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 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.
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.
In a report released yesterday, Ronald Epstein from Bank of America Securities maintained a Buy rating on GE Aerospace (GE – Research Report),
GE Aerospace ... for GE Aerospace’s global operations. The data also bolstered optimism about the Federal Reserve's ability to control inflation without triggering a significant economic ...
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 ...
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,
Wells Fargo analyst Sarah Akers maintained a Buy rating on GE Aerospace (GE – Research Report) today and set a price target of $250.00. The