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General Electric Company GE - News Analyzed: 5,439 - Last Week: 100 - Last Month: 397

β†— General Electric (GE): A flurry of investment activity and promising advances amid challenges

General Electric (GE): A flurry of investment activity and promising advances amid challenges
General Electric Company (GE) has been the center of substantial investment activity, with various investment firms such as Quantbot Technologies, Northwest Wealth Management, Impact Capital Partners, and Commonwealth Equity Services either acquiring, raising, or selling their shareholdings. The company has also invested millions into a Mississippi community. Meanwhile, other firms like E Fund Management, Citizens Financial Group, and Hamilton Capital Partners have acquired significant numbers of GE shares. The company saw a notable bullish Q4, and its stock soared as it was added to the S&P Aerospace & Defense Index. It has also reported a successful week at the 2024 Farnborough Airshow, showcasing its new innovations and securing engine deals. However, it has also experienced some challenges, such as job cuts and layoffs, especially at Schenectady and a New York site. Despite these, GE’s Aviation spinoff, GE Vernova, has performed remarkably well with a 130% increase since the split.

General Electric Company GE News Analytics from Tue, 02 Apr 2024 07:00:00 GMT to Sat, 15 Mar 2025 11:34:04 GMT - Rating 3 - Innovation 5 - Information 6 - Rumor -3

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