Francesca Fontana
speaker
2,691 appearances
52 recordings
1 series
first heard Aug 2017
last heard Feb 2025
Francesca Fontana’s voice in public audio — every appearance, attributed to the second.
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Appearances
But it seemed like investors cared about the gist, the bottom line, of big tech investing in AI in the U.S.
And it seemed like that was good enough for them.
Oracle led a tech rally on Tuesday, with the stock gaining 6.8% during the session and 14% on the week.
Last but not least, let's talk about GE Aerospace.
Some context.
GE Aerospace is the jet engine maker that became a standalone company back in April after GE's power business was spun off.
It was the big General Electric breakup.
And it was GE Aerospace's latest results that really flew past Wall Street's estimates.
Chief Executive Larry Culp said that the company ended 2024 with robust demand for its services and products, with fourth quarter orders up 46 percent.
And he predicts more growth in 2025.
Airlines have been desperate for engines and other parts due to aircraft production delays at Boeing and Airbus, which we've talked about on this podcast before.
as well as supply chain shortages and the durability problems that are ailing newer engine models.
And while supply issues continue to cause problems for the aerospace industry, the CEO also said that the company is seeing improvements among its key suppliers.
GE Aerospace shares jumped 6.6% on Thursday, retreating a bit the next day, and ended the week up more than 7.5%.
And now you know what's news in markets this week.
You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journalist Exchange section.
Today's show was produced by Anthony Bansi with supervising producer Talia Arbel.
I'm Francesca Fontana.
Have a great weekend and see you next Saturday.
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