General Electric Company (GCP.F)
- Investor's Business Daily
Stock Market Rebounds; Tesla, Microsoft, Google, Meta, Chipotle, GE In Focus: Weekly Review
The stock market rebounded this week fueled by big-cap earnings winners Microsoft, Tesla, Google, GE and Chipotle. Meta was a notable loser.
- Reuters
UPDATE 1-GE Vernova reports wider-than-expected Q1 loss in first post-spinoff results
General Electric's energy spin-off company, GE Vernova, reported a wider-than-expected first-quarter loss on Thursday, as weakness in its wind segment offset demand for natural-gas related equipment and services. GE Vernova, which became an independent company this month following a three-way split of General Electric, provides services and equipment to the energy sector, operating through three main businesses - power, wind, and electrification. In contrast, the power segment saw higher orders for gas turbines and more demand for gas power services due to outages, leading to a 6% jump in sales.
- Reuters
GE Vernova reports wider-than-expected Q1 loss in first post-spinoff results
General Electric's energy spin-off company, GE Vernova, reported wider-than-expected first-quarter loss on Thursday, as weakness in its wind segment offset demand for natural-gas related equipment and services. GE Vernova, which became an independent company this month following a three-way split of General Electric, provides services and equipment to the energy sector, operating through three main businesses - power, wind, and electrification. In contrast, the power segment saw higher orders for gas turbines and more demand for gas power services due to outages, leading to a 6% jump in sales.
