GE shares surge 9% premarket on news of new IoT business, JPMorgan upgrade

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

GE to launch $1.2 billion industrial Internet of Things company; shares jump 8%

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is like a company saying they are going to become a crypto company. Grasping at an industry to drive shareholder value. Also, power is in the data, not IoT devices. Should brand themselves that way.

Sounds promising

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves premarket: KO, GE, PG, AAPL & moreCheck out the companies making headlines before the bell.
Source: CNBC - 🏆 12. / 72 Read more »

GE spins off digital assets to form internet of things companyGeneral Electric announced plans Thursday spin off its GE Digital business and establish an independent Internet of Things company, built around several GE Digital technologies. How ironic $6.66 ---------------- $GE low of day on Dec 11, 2018 666 ------------------ $SPX low of day print on Monday March 9, 2009, the day the financial crisis ended and a new bull market began Interesting branding play ...dueto... Excessively watching porn?...
Source: CNBC - 🏆 12. / 72 Read more »

Stocks face pressure | GE shares pop 9% | Apple invests $1 billion in TexasFutures are pointing to a modestly lower Wall Street open for the Thursday session, following a positive day which nonetheless finished substantially off session highs. GE爆上げだそうな
Source: CNBC - 🏆 12. / 72 Read more »

GE to Sell Part of Digital BusinessGeneral Electric reached a deal to sell off part of its GE Digital business and set aside the rest in a separate company, as the conglomerate narrows its focus and scales back its software ambitions. GE is done, thanks to the bad decisions made by Jack Welch and Immelt. GetDeepOnion has one of the strongest DEV teams in crypto space, constant evolution and upgrades! DeepOnion $ONION
Source: WSJ - 🏆 98. / 63 Read more »