The GMO U.S. Quality ETF (NYSEARCA: QLTY ) seeks quality stocks to buy. At the end of May, Barron's published an article about investing guru Jeremy Grantham's new ETF and how it's beating the markets despite not owning Nvidia (NASDAQ: NVDA ).
GE Aerospace is reportedly developing a hybrid electric engine aimed at powering next-generation narrow-body jets by the mid-2030s, Reuters reported. The innovative technology holds promise for significantly reducing carbon emissions in the aviation industry, which heavily relies on single-aisle jets.
GE Aerospace is developing a hybrid electric engine with the hopes it will power next-generation narrow-body jets by the middle of the next decade.
A GE Aerospace executive said on Wednesday global supply chains will likely remain challenged even next year, despite a production slowdown at Boeing.
New airplane engines typically come with negative engine profit margins. A delay in delivery of new engines could lead to an increase in aftermarket revenue in older engines.
JPMorgan cut its second-quarter revenue estimate on supply chain worries and said full-year delivery numbers could be at risk. Any shortfall should not hurt cash flow or earnings.
GE Aerospace (GE) opens Istanbul facility, which will serve as its innovation hub to design and manufacture aircraft engines and related technologies.
Citi analyst Andrew Kaplowitz launched coverage of GE Vernova stock with a Hold rating and $183 price target.
General Electric (now known as GE Aerospace) has a strong moat, driven by extensive R&D, partnerships, and dominance in commercial and defense sectors. The company has shown impressive financial performance with double-digit growth in orders, revenue, and free cash flow. Despite its current valuation, GE has favorable growth potential and a fair stock price target of 33% above the current price.
Dolby Laboratories said on Thursday it was acquiring GE Licensing, an intellectual property business targeting the consumer digital media and electronics sectors, in a $429 million deal.
Increasing costs and unfavorable foreign-currency movement weigh on GE Aerospace's (GE) operations.
New and legacy airplane engines will drive earnings and cash flow at GE Aerospace for decades to come. The commercial aerospace recovery continues and GE Aerospace is one of the highest quality plays in the sector.