GE is like 3% of Apple?
This thing I don't understand... GE was said to be growing bigger and bigger, it was like in so many industries and it is like the a part of the whole US. And then now, GE is like $100 billion market cap. Apple is $3 trillion. So Apple going up 1.5% today vs going down 1.5% today, that's a 3% difference, and viola, that's a GE right there. It is like if Apple goes up 3% that day, they have "grown" a GE that day. And you know, GE is by Thomas Edison. Tesla is from the name of Nikolas Tesla. It was said that Edison promised to pay Tesla some $50k bonus if he could finish a task (to improve Edison's direct current (DC) electrical system, and ChatGPT says $50k is equivalent to $7M today), and when Tesla finished it, Edison said, "that was meant to be a joke". So nowadays, Tesla's market cap $650 billion. Tesla going up 7.5% vs going down 7.5%, that's a GE right there.
With enough completion in the market any company goes to precisely $0.
you mean when the next Big Bang comes, we all become hydrogen atoms?
No carbon atoms and finally you become eligible for dating
Technology shift from electrical/mechanical driven -> software driven
hm... software driven... so that means one day, village people driven?
It was village people driven earlier.. why go back in time. Move forward!
It’s a bit early for a Friday shrooms post
this is for last Friday's shrooms post
Jack Welch was a finance bro who killed GE. Turned it from one of the most innovative companies to a finance company at its core
yeah fuck jack welch and his six sigma
GE is Albertsons. Just ignore our existence.
None of the FAANG or any modern day companies come close to how great GE has been for 100+ years.
who says GE has its parts still attached?
all spun off?
We spun off and agreed to allow our logo to be used by new ownership. GE Aerospace employees get 3:1 stock for companies spun off. I'm up 70% since 2020 on stock (which has been garbage for a decade) We decided to stick to what we do best and that is building experimental propulsion technology, aircraft engines, avionic systems, spacecraft systems, self-healing materials, 3D printing, big data, and specific applications for AI. So we sell parts to various businesses like SpaceX who struggle with innovation (they still use old tech and only invested in making it reusable). Partner with NASA and our competitors like Skunkworks.