The final move, made by Larry Culp, was to break GE into three businesses: GE Verona, GE Healthcare , and GE Aerospace. The GE ticker was kept by GE Aerospace, which effectively owns what remained after all of the changes that were made at the company. Some might view it as something of a sad ending to a once-iconic conglomerate.

Stocks traded mostly higher after President Trump, while being interviewed at the World Economic Forum in Davos, said he would “demand that interest rates drop immediately.” Trump didn’t mention the Federal Reserve in his comments,

Stock futures are mixed early Thursday morning, with Dow futures (YM=F) in the green. Investors are eagerly awaiting comments from President Donald Trump, who is set to virtually address World Economic Forum attendees at 11 a.

GE Aerospace on Thursday forecast a stronger profit for the year after its fourth-quarter earnings exceeded Wall Street estimates as strong travel demand amid persistent shortages of new aircraft bolstered sales of its high-margin parts and services.

The SP 500 closed at an all-time high Thursday, gaining 0.5% to 6,118.72, with the Dow Jones rising 0.9% and the NASDAQ adding 0.2%. Investors analyzed corporate earnings and President Donald Trumps Davos address,

Bank of America Securities analyst Ronald Epstein has reiterated their bullish stance on GE stock, giving a Buy rating on January 24.Invest

The CEO of Germany's Merck KGaA said a recovery in sales growth at its existing business means it can take a cautious approach when it comes to buying other companies, which are expensively priced.

GE Aerospace (NYSE: GE) stock rose 7% after the aircraft engine supplier forecast a stronger full-year profit as demand for its high-margin parts and services got a boost from airlines flying older jets to sidestep a persistent shortage of new aircraft.

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GE Aerospace reported robust profits last quarter and is in the midst of a $15 billion stock buyback program. Workers say these funds should be redirected into fair wages, secure retirements, better health care and improved working conditions—a necessary investment to attract and retain skilled aerospace talent amid a wave of retirements.

GE Aerospace and RTX's Pratt & Whitney on Monday received U.S. Air Force contracts worth up to $3.5 billion each for technology maturation and risk

Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S., as energy demand to support the growth of artificial intelligence is expected to boom.