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The Absurdity of the Return-to-Office Movement

submitted by /u/dreamcastfanboy34 to r/technology link comments
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*General Electric slides as muted outlook offsets Q4 earnings beat*

Updated at 7:18 AM EST General Electric (GE) - Get Free Report posted stronger-than-expected fourth-quarter earnings Tuesday but forecast softer near-term profit and muted cash flow, sending its shares lower in premarket trading. Adjusted non-GAAP earnings for the three months ended in December were $1.08 a share, down 13% from the same period in 2022 but firmly ahead of the Wall Street consensus forecast of 91 cents a share. Related: Microsoft, Magnificent 7 must justify AI hype this earnings season Group adjusted revenue, General Electric said, fell 15% from the fourth quarter of 2022 to $18.5 billion, again topping analysts' estimates of a $17.42 billion tally. Total revenue was pegged at $19.4 billion. Looking into the current quarter, GE sees adjusted earnings in the region of 60 cents to 65 cents a share, around 7 cents shy of the LSEG forecast. Operating profit for GE Aerospace, its core division, were forecast in the range of $6 billion to $6.5 billion while overall GE free cash flow was forecast at just over $5 billion, a tally that would be flat with 2022 levels. GE Vernova, the group's power division, which is set to be spun off into a stand-alone business later this year, is forecast to generate revenue in the region of $34 billion to $35 billion, GE said.GE CEO Culp: Q4 aerospace profit improvement 'solid' "In 2023, our teams delivered an excellent year, more than tripling earnings and generating almost 70% more free cash flow," said CEO Larry Culp. "At GE Aerospace, we drove solid revenue and operating profit improvement in the fourth quarter and double-digit revenue, profit, and cash growth for the year, reflecting ongoing strength in Commercial Engines and Services." "At GE Vernova, Renewable Energy and Power together delivered meaningfully better results, with double-digit revenue growth in the quarter and positive profit and free cash flow for the year," he added. "We expect further revenue, profit, and free cash flow growth for both GE Aerospace and GE Vernova in 2024." General Electric shares were marked 5.6% lower in premarket trading immediately following the earnings release to indicate an opening bell price of $123.94 each, a move that would trim the stock's six-month gain to around 12.4%.Related: Veteran fund manager picks favorite stocks for 2024
[Read more...](https://www.thestreet.com/investing/stocks/general-electric-slides-as-muted-outlook-offsets-q4-earnings-beat)
General Electric slides as muted outlook offsets Q4 earnings beat

Updated at 7:18 AM EST General Electric (GE) - Get Free Report posted stronger-than-expected fourth-quarter earnings Tuesday but forecast softer near-term profit and muted cash flow, sending its shares lower in premarket trading. Adjusted non-GAAP earnings for the three months ended in December were $1.08 a share, down 13% from the same period in 2022 but firmly ahead of the Wall Street consensus forecast of 91 cents a share. Related: Microsoft, Magnificent 7 must justify AI hype this earnings season Group adjusted revenue, General Electric said, fell 15% from the fourth quarter of 2022 to $18.5 billion, again topping analysts' estimates of a $17.42 billion tally. Total revenue was pegged at $19.4 billion. Looking into the current quarter, GE sees adjusted earnings in the region of 60 cents to 65 cents a share, around 7 cents shy of the LSEG forecast. Operating profit for GE Aerospace, its core division, were forecast in the range of $6 billion to $6.5 billion while overall GE free cash flow was forecast at just over $5 billion, a tally that would be flat with 2022 levels. GE Vernova, the group's power division, which is set to be spun off into a stand-alone business later this year, is forecast to generate revenue in the region of $34 billion to $35 billion, GE said.GE CEO Culp: Q4 aerospace profit improvement 'solid' "In 2023, our teams delivered an excellent year, more than tripling earnings and generating almost 70% more free cash flow," said CEO Larry Culp. "At GE Aerospace, we drove solid revenue and operating profit improvement in the fourth quarter and double-digit revenue, profit, and cash growth for the year, reflecting ongoing strength in Commercial Engines and Services." "At GE Vernova, Renewable Energy and Power together delivered meaningfully better results, with double-digit revenue growth in the quarter and positive profit and free cash flow for the year," he added. "We expect further revenue, profit, and free cash flow growth for both GE Aerospace and GE Vernova in 2024." General Electric shares were marked 5.6% lower in premarket trading immediately following the earnings release to indicate an opening bell price of $123.94 each, a move that would trim the stock's six-month gain to around 12.4%.Related: Veteran fund manager picks favorite stocks for 2024
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*Stock Market Today: Stocks mixed amid earnings rush, bulls cheer new highs*

Check back for updates throughout the trading day U.S. equity futures were mixed in early Tuesday trading, following on from the second consecutive record close for the S&P 500, as investors continue to bet that a solid earnings season and fading inflation will guide the domestic economy to a soft landing this year. Stocks ended higher again yesterday, with the Dow topping the 38,000-point mark for the first time and the S&P 500 notching its second record close. The figures were posted even in the face of a muted gain for the so-called Magnificent 7 tech stocks and a nudge higher in Treasury yields. Investors are now likely to focus on a busy corporate earnings calendar over the next three sessions. Netflix (NFLX) - Get Free Report is slated to update investors after the close of trading and Johnson & Johnson, General Electric, 3M and Procter & Gamble are reporting before the bell. MANDEL NGAN/AFP via Getty Images GE shares slipped after the industrials giant topped Wall Street forecasts for fourth-quarter profit but forecast muted free-cash-flow and earnings to start the new year. Johnson & Johnson's profit outlook was also stable, with the pharma giant reiterating its 2024 outlook following a stronger-than-expected fourth-quarter update. United Airlines (UAL) - Get Free Report, which reported after the close of trading last night, was the standout premarket mover. The stock surged more than 6% after the carrier offset an expected hit from Boeing (BA) - Get Free Report aircraft delays with an upbeat profit outlook for 2024 of between $9 and $11 a share. Overall, analysts see collective fourth-quarter S&P 500 profits rising around 4.5% from the same period in 2022 to a share-weighted $454.2 billion. First-quarter profits are expected to rise 6.6% to $468 billion. In other markets, benchmark 10-year Treasury note yields were holding steady at 4.132% in early New York trading while 2-year notes were pegged at 4.408%. That's ahead of a $60 billion auction of new paper later today, the first of three coupon sales this week that will raise around $162 billion. The U.S. dollar index, which tracks the greenback against a basket of six global currencies, was marked 0.1% higher at 103.439. On Wall Street, stock futures suggest a muted open, with the S&P 500 called 1 point higher and the Dow Jones Industrial Average indicating a pullback of around 64 points. The tech-focused Nasdaq, meanwhile, is called 24 points higher. In Europe, the Stoxx 600 was marked 0.2% lower in early Frankfurt dealing, with Britain's FTSE 100 down 0.12% and closely tracking U.S. equity futures. Overnight in Asia, the Bank of Japan held its key policy rate steady at -0.1%, while maintaining its overall tenor of ultra-loose policy, as it lowered inflation forecasts for the coming year. The Nikkei 225, which closed at a 34-year high on Monday, ended the session 0.06% lower at 36,517.57 points. The broader MSCI ex-Japan index slipped 0.06% into the close of trading.Related: Veteran fund manager picks favorite stocks for 2024
[Read more...](https://www.thestreet.com/investing/stocks/stock-market-today-stocks-mixed-amid-earnings-rush-bulls-cheer-new-highs)
Stock Market Today: Stocks mixed amid earnings rush, bulls cheer new highs

Check back for updates throughout the trading day U.S. equity futures were mixed in early Tuesday trading, following on from the second consecutive record close for the S&P 500, as investors continue to bet that a solid earnings season and fading inflation will guide the domestic economy to a soft landing this year. Stocks ended higher again yesterday, with the Dow topping the 38,000-point mark for the first time and the S&P 500 notching its second record close. The figures were posted even in the face of a muted gain for the so-called Magnificent 7 tech stocks and a nudge higher in Treasury yields. Investors are now likely to focus on a busy corporate earnings calendar over the next three sessions. Netflix (NFLX) - Get Free Report is slated to update investors after the close of trading and Johnson & Johnson, General Electric, 3M and Procter & Gamble are reporting before the bell. MANDEL NGAN/AFP via Getty Images GE shares slipped after the industrials giant topped Wall Street forecasts for fourth-quarter profit but forecast muted free-cash-flow and earnings to start the new year. Johnson & Johnson's profit outlook was also stable, with the pharma giant reiterating its 2024 outlook following a stronger-than-expected fourth-quarter update. United Airlines (UAL) - Get Free Report, which reported after the close of trading last night, was the standout premarket mover. The stock surged more than 6% after the carrier offset an expected hit from Boeing (BA) - Get Free Report aircraft delays with an upbeat profit outlook for 2024 of between $9 and $11 a share. Overall, analysts see collective fourth-quarter S&P 500 profits rising around 4.5% from the same period in 2022 to a share-weighted $454.2 billion. First-quarter profits are expected to rise 6.6% to $468 billion. In other markets, benchmark 10-year Treasury note yields were holding steady at 4.132% in early New York trading while 2-year notes were pegged at 4.408%. That's ahead of a $60 billion auction of new paper later today, the first of three coupon sales this week that will raise around $162 billion. The U.S. dollar index, which tracks the greenback against a basket of six global currencies, was marked 0.1% higher at 103.439. On Wall Street, stock futures suggest a muted open, with the S&P 500 called 1 point higher and the Dow Jones Industrial Average indicating a pullback of around 64 points. The tech-focused Nasdaq, meanwhile, is called 24 points higher. In Europe, the Stoxx 600 was marked 0.2% lower in early Frankfurt dealing, with Britain's FTSE 100 down 0.12% and closely tracking U.S. equity futures. Overnight in Asia, the Bank of Japan held its key policy rate steady at -0.1%, while maintaining its overall tenor of ultra-loose policy, as it lowered inflation forecasts for the coming year. The Nikkei 225, which closed at a 34-year high on Monday, ended the session 0.06% lower at 36,517.57 points. The broader MSCI ex-Japan index slipped 0.06% into the close of trading.Related: Veteran fund manager picks favorite stocks for 2024
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*Π§Ρ‚ΠΎ Ρ‚Π°ΠΊΠΎΠ΅ эпизиотомия ΠΈ ΠΊΠ°ΠΊ послС Π½Π΅Ρ‘ Π²ΠΎΡΡΡ‚Π°Π½ΠΎΠ²ΠΈΡ‚ΡŒΡΡ*

ΠžΠΏΠ΅Ρ€Π°Ρ†ΠΈΡ ΠΎΠ±Π»Π΅Π³Ρ‡Π°Π΅Ρ‚ Ρ€ΠΎΠ΄Ρ‹, Π½ΠΎ ΠΎΠ½Π° Π½ΡƒΠΆΠ½Π° Π½Π΅ всСм.
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*What are you not embarrassed to admit?*

52m, and I’m afraid of the dark. submitted by /u/jonniebaby2000 to r/RandomThoughts [link] [comments]
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What are you not embarrassed to admit?

52m, and I’m afraid of the dark. submitted by /u/jonniebaby2000 to r/RandomThoughts link comments
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