The markets were in turmoil this week, with all three major indexes in the red. The specter of further European lockdowns amid rising coronavirus cases, the uncertainty surrounding the upcoming US election, and the mixed earnings results from the FAANG group, all resulted in Wall Street’s worst week since March.Among the very few outliers, shares of General Electric (GE) have managed to weather the market storm, after investors applauded the industrial heavyweight’s surprisingly solid earnings display.Specifically, GE delivered 3Q revenue of $19.4 billion, beating the Street’s forecast by $460 million. Non-GAAP EPS of $0.06 came in ahead of the estimates …read more
Source:: Yahoo Finance
