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.
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.
Bank of America Securities analyst Ronald Epstein has reiterated their bullish stance on GE stock, giving a Buy rating on January 24.Invest
GE Aerospace GE-2.02%decrease; red down pointing triangle posted a surge in quarterly revenue that blew past Wall Street’s estimates as the jet-engine maker received an influx of orders to end ...
"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 ...
A day-long event filled with MIT speakers, including Sally Kornbluth and Sir Tim Berners-Lee, touched on AI sustainability and US-China competition.
Analyst Sheila Kahyaoglu of Jefferies maintained a Buy rating on GE Aerospace (GE – Research Report), boosting the price target to
BofA raised the firm’s price target on GE Aerospace (GE) to $225 from $200 and keeps a Buy rating on the shares. After a year of major
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.
Documents released by the U.S. Office of Government Ethics showed Lutnick, who is the CEO of brokerage firm Cantor Fitzgerald, earned nearly $200 million through the brokerage firm. Lutnick has been nominated to lead Trump's trade and tariff strategy as head of the Commerce Department.