GE has seen only 1 thing that warns of falling demand in 2023

That’s General Electric Co. Chief Executive Larry Culp, who said Tuesday he was only seeing one demand indicator that suggests the U.S. economy was slowing. But that indicator was enough for the company to provide a 2023 earnings estimate below Wall Street expectations.

The aerospace, power and renewable energy company reported before Tuesday’s opening bell fourth-quarter profit, revenue and free cash flow that beat expectations.


Source link

5 Trading strategies to make money

Looking to boost your trading profits?

Get you copy of our FREE Ebook Now !!!