$290.63
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As of Mar 24, 9:30 PM ET ·
GE News21 articles
Institutions Boost GE Aerospace Holdings Amid Strong Results
Two investment firms raised their positions in GE Aerospace last quarter, as the company reported robust financial performance and detailed expansion plans. Institutional ownership remains elevated near 75%.
Markets
Dow Plummets Amid Oil Spike, Dovish Fed Hopes Dim
The Dow Jones Industrial Average fell sharply Thursday, losing 428 points as surging oil prices and a less accommodative Federal Reserve outlook rattled investors.
Markets
Palantir Shares Decline Despite AI Partnership Announcements
Palantir Technologies shares dropped 2.7% on Friday, underperforming broader markets, following announcements of new artificial intelligence and defense partnerships. The stock remains down nearly 14% for 2026 despite significant gains over the past year.
Technology
GE Vernova Commits $200M to Vietnam Transformer Plant Amid Energy Push
GE Vernova will invest approximately $200 million to establish a large power transformer plant in Hai Phong, Vietnam, with full operations targeted for 2028. The move aligns with Vietnam's accelerated LNG and grid infrastructure development.
Technology
Markets Brace for Inflation Data as Oil Surge Dents Rate Cut Hopes
U.S. equity futures declined sharply Monday amid surging oil prices and weak jobs data, pushing back expectations for Federal Reserve rate cuts. Investors await critical inflation reports due this week.
Markets
GE Vernova Secures Major Italian Wind Contract, Expands Grid Component Plant
GE Vernova has secured a contract to supply 17 onshore wind turbines for a project in southern Italy, with deliveries starting in 2027. Concurrently, the company is investing $30 million to expand its electrification component plant near Milan.
Technology
GE Vernova Gains on Italian Wind Deal and $30M Grid Plant Investment
GE Vernova's stock advanced following new Italian contracts for wind turbines and grid equipment, alongside a $30 million manufacturing expansion near Milan.
Markets
GE Aerospace Slumps 3% Amid Oil Spike, Defying Analyst Target Hike
GE Aerospace stock dropped 3.2% to $334.51 Tuesday, underperforming the industrial sector as a sharp rise in oil prices fueled inflation fears and a broad market sell-off, despite Bernstein lifting its price target.
Markets
GE Aerospace Nears Record High Amid Persistent Supply Chain Concerns
GE Aerospace shares gained 0.4% to $342.26, hovering near recent peaks, while supply chain constraints at major aerospace manufacturers continue to pose risks to jet delivery schedules.
Markets
GE Aerospace Navigates Oil Spike, Supply Chain Strains After Middle East Strikes
GE Aerospace stock edged higher Friday despite broader market declines, as U.S.-Israeli strikes on Iran roiled oil markets and supply chains. The aerospace giant faces a complex landscape of rising defense demand and potential airline sector pressure.
Markets
GE Aerospace Gains on Morgan Stanley Initiation, American Airlines Engine Deal
GE Aerospace shares advanced Friday following a bullish initiation by Morgan Stanley and news that American Airlines extended its engine service pact for future Airbus A321neo jets.
Markets
GE Aerospace Boosts Engine Repair with Robotics Amid Airbus Pressure
GE Aerospace shares gained 0.8% to $315.41 as the company implements robotic automation to accelerate jet-engine repairs. Airbus continues pressing CFM for increased LEAP engine deliveries.
Technology
Industrial Stocks Rally on Softer Inflation Data
U.S. industrial stocks rose Friday after a cooler-than-expected inflation report eased interest rate concerns. The Industrial Select Sector SPDR Fund (XLI) climbed 0.8%.
Markets
Ryanair Inks $1B Annual Parts Deal with CFM, Lifting GE Aerospace Shares
GE Aerospace shares gained 0.3% after Ryanair announced a multi-year agreement to purchase over $1 billion in engine parts annually from CFM International, a joint venture with Safran.
Markets
GE Aerospace Shares Dip on Saudi Defense Deal, Unveils $300M Singapore Expansion
GE Aerospace stock declined 0.8% following a new industrial pact with Saudi Arabia to enhance fighter engine repair capabilities. The company also detailed a $300 million investment plan in Singapore.
Markets
GE Vernova Shares Gain on Long-Term Turbine Reservation and UK Plant Upgrade
GE Vernova stock rose 3.6% after securing a turbine slot reservation for a 2030 delivery and completing an efficiency upgrade at a UK power plant, highlighting strong demand for long-cycle energy equipment.
Technology
GE Aerospace Surges on Dividend Boost Amid Supply Chain and Engine Scrutiny
GE Aerospace shares climbed nearly 5% to $321 after announcing a 31% dividend increase to $0.47 per share, while facing supply chain pressures and a potential engine durability review.
Markets
Seatrium Shares Dip Ahead of Key Financial Report, Offshore Wind Milestone in Focus
Seatrium shares declined 1% to S$2.06 ahead of its full-year results release on February 26. The company recently achieved a construction milestone with TenneT and GE Vernova on a major offshore wind platform.
Earnings
GE Aerospace Surges 4.8% on 31% Dividend Boost; Aviation Demand Soars Amid Supply Strains
GE Aerospace shares climbed 4.78% to $321 after announcing a 31% dividend increase to $0.47 per share. Trading volume exceeded the 50-day average as the stock neared its 52-week high.
Markets
Industrial Sector Powers Market Rally as Dow Tops 50,000 Milestone
Industrial stocks led a broad market advance Friday, propelling the Dow Jones Industrial Average above 50,000 for the first time. Investors now await key delayed economic reports for direction on monetary policy.
Markets
Defense and Aerospace Stocks Gain Amid Regulatory Uncertainty Over Payouts
Defense and space equities advanced Friday, but investor focus is shifting to potential Pentagon restrictions on buybacks and dividends for underperforming contractors.
Markets