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.
Stock futures were mostly lower Thursday after the S&P 500 closed just shy of a record high and as excitement around artificial intelligence helped lift the Nasdaq Composite to a gain of 1.3%.These stocks were poised to make moves Thursday:Electronic Arts was tumbling 16% after the maker of video games slashed its fiscal-year bookings guidance because of underperformance in its soccer titles.
GE Aerospace stock surges on strong Q4 earnings, projecting double-digit growth in 2025. Click here to find out why I rate GE stock a Buy.
Lou Whiteman has no position in any of the stocks mentioned. The Motley Fool recommends GE Aerospace. The Motley Fool has a disclosure policy. Making the world smarter, happier, and richer.
"I don't think it's economic. I don't think it's political." GE Aerospace expects 2025 profit of $5.10 to $5.45 per share, compared with analysts' average estimate of $5.23, according to data ...
The Dow Jones index rose but other indexes lagged in the stock market today. Yield rose as investors awaited Trump's Davos address.
GE Aerospace delivered 46% order growth in Q4 FY24. See why we recommend a 'Strong Buy' rating for GE stock with a $250 fair value.
General Electric (NYSE:GE), a multinational conglomerate with a significant presence in the aerospace industry, has been attracting attention from investors and analysts alike due to its recent financial performance and future prospects.
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.
BI's takeaways and memorable moments from Davos, including 'FOBO' — fear of becoming obsolete — and how a CEO traded the meeting room for the ski slope.
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,