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Stocks

“Goldman Sachs: 2 Strong Value Stocks to Buy Now”

“General Electric (GE)… Turning to the rest of the Street, opinions are split evenly. With 6 Buys and 6 Holds assigned in the last three months, the word on the Street is that GE is a Moderate Buy. At $8.20,… Continue Reading…

Stocks

“Nikola shares pop as much as 53% after General Motors takes 11% stake in electric truck maker”

“Shares of Nikola surged Tuesday after General Motors announced it’s taking an 11% stake in the electric truck maker and will produce its marquee hydrogen fuel cell electric pickup truck the Badger by the end of 2022. Shortly before the opening bell, Nikola shares… Continue Reading…

Stocks

“Buy General Electric at $6.50 Before It Jumps 150%”

“After a disappointing summer, General Electric (NYSE:GE) finally looks set to recover… The QSR scores have been quick to spot GE’s comeback. Over 60% of the firm’s revenues now come from its high-margin aviation and medical businesses. Its loss-making renewable energy segment… Continue Reading…

Business

“As Tesla surges 600% off its 2020 low, meet the next electric car newcomer going public”

“Electric vehicle companies are enjoying an incredible moment in 2020, spearheaded by Tesla (TSLA), which saw shares surge 600% from their March lows, and Chinese rival Nio (NIO), also enjoying a similar 700% pop. Investors also battled over shares in… Continue Reading…

Business, Stocks

“GE Stock Falls As Coronavirus Cuts Earnings By Nearly $1 Billion”

“General Electric posted bigger-than-expected drops in earnings and revenue for the first quarter, as the coronavirus hit to global commercial air travel stung key businesses. GE stock fell as cash burn was also slightly worse than the industrial giant forecast.… Continue Reading…

Business, Stocks

“Tesla Tops $100 Billion as Record Run Lifts Market Value Past Volkswagen”

“After topping the combined value of Ford and GM earlier this month, Tesla is set to overtake Volkswagen as the second most-valuable carmaker in the world as a record run in shares lifts Elon Musk’s company past the $100 billion… Continue Reading…

Business, Stocks

“GE to freeze pensions for about 20,000 employees, stock surges”

” Shares of General Electric Co. GE, -0.82% surged 2.6% in premarket trading Monday, after the industrial conglomerate said it was freezing the U.S. pension plan for about 20,000 employees with salaried benefits, and supplementary pension benefits for 700 employees….  GE’s stock has… Continue Reading…