Stocks rose after a sharp sell-off on Thursday. Workday and Intuit triggered sell signals, while eBay broke out. Durable goods orders for April exceeded views. Read More...
How Vernova Became GE’s Best-Performing Stock
GE Vernova stock is soaring, and that should come as a shock to anyone who had been paying attention to GE’s least-loved division before it was spun off from the company. GE Aerospace, or what can be thought of as traditional GE, has risen 1.7% on Friday, and 17% since the split. Wall Street is raising its price targets for GE Aerospace and GE Vernova —the power generation-related business—because it has to.
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