Stocks traded mostly higher after President Trump, while being interviewed at the World Economic Forum in Davos, said he would “demand that interest rates drop immediately.” Trump didn’t mention the Federal Reserve in his comments,
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.
GE Aerospace on Thursday forecast stronger profit in 2025, saying it is better prepared to meet jet engine demand with progress in resolving supply chain issues that had hobbled production. Fourth-quarter earnings topped Wall Street estimates,
GE Aerospace was long considered one of the crown jewels inside of the General Electric conglomerate. Now independent, the company is demonstrating to investors what it is capable of. GE earned $1.32 per share in the fourth quarter on revenue of $10.8 billion, easily surpassing Wall Street's consensus $1.04 per share on $9.5 billion estimates.
GE Aerospace blew past Wall Street’s expectations for fourth-quarter and full-year 2024 earnings, and it issued better financial guidance for 2025 than what most financial analysts were forecasting. But GE Chairman and CEO Larry Culp Jr. tells Aviation Week that the better-than-expected results and...
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.
Stock futures are mixed early Thursday morning, with Dow futures (YM=F) in the green. Investors are eagerly awaiting comments from President Donald Trump, who is set to virtually address World Economic Forum attendees at 11 a.
U.S. stock markets experienced mixed movements as investors digest a combination of corporate earnings and President Trump's ambiguous trade policy remarks at the World Economic Forum. The S&P 500 index approaches a record high,
The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.
Stock via Getty Images The latest gathering of the world's political and business elite, plus the usual smattering of celebrities, is
U.S. West Texas Intermediate crude (WTI) fell $1.01, or 1.34%, to $74.43. The broader economic implications of U.S. tariffs could further dampen global oil demand growth, said Priyanka Sachdeva, senior market analyst at brokerage Phillip Nova.
The benchmark S&P 500 rose to a record closing high on Thursday, as investors assessed a mixed bag of corporate earnings and digested comments from President Donald Trump, including a call for cuts in interest rates and oil prices.