The End of an Era: GE Splits into 3 Companies

Published on
November 9th, 2021
31 minutes

House Passes Infrastructure Bill and Twitter Votes for Musk to Sell Tesla Stock

The End of an Era: GE Splits into 3 Companies

Daily Briefing ·
Featuring Tony Greer & Ash Bennington

Published on: November 9th, 2021 • Duration: 31 minutes

What’s going on with General Electric? After a decade of being only a shell of its former self, the manufacturing giant founded by Thomas Edison is splitting up into three separate companies, each focused on aviation, health care, and energy. Tony Greer discusses why U.S. stocks suspended the longest rally since 2017 amid surging treasuries and why the S&P 500 collapsed for the first time in nine sessions. In other news, Greer analyzes why oil hit $84 a barrel as Bitcoin and Ethereum reached all-time highs. Interviewed by Ash Bennington. Want to submit questions? Drop them right here on the Exchange: