Twitter’s Embrace of Elon Musk’s Bid Suggests a First-Quarter Disappointment

Fidelity plans to bring Bitcoin to 401(k) plans, Coca-Cola issues effervescent outlook for 2022 growth, Facebook is opening its first ‘Meta Store’ to showcase virtual gear, and other news to start your day. Read More...


GE’s stock sinks after earnings beat expectations but FCF missed, and the outlook was a bit downbeat

Shares of General Electric Co. sank 3.2% in premarket trading Tuesday, after the industrial conglomerate reported first-quarter adjusted profit and revenue that beat expectations, but missed on free cash flow and provided a somewhat downbeat outlook. The net loss narrowed to 99 cents a share from $2.61 a share, in the year-ago period. Excluding nonrecurring items, such as restructuring and separation costs, adjusted earnings per share rose to 24 cents from 13 cents, above the FactSet consensus 1

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